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Pre-Worn and Pre-Loved: Future of the fashion retail industry

When Flyrobe, the fashion rental service received venture capital funding and raised US$7 million in two rounds from Sequoia...
Alibaba Group plans fully owned e-commerce venture in India this fiscal

Alibaba Group plans fully owned e-commerce venture in India this fiscal

Alibaba Group is planning to launch first fully owned e-commerce business this fiscal in India through its subsidiary UCWeb,...
Alibaba posts US$ 16.7 bn in revenue, consumer base hits 674 mn

Alibaba posts US$ 16.7 bn in revenue, consumer base hits 674...

Expanding its user base to 674 million annual active consumers, Chinese e-commerce giant Alibaba on Thursday announced it posted...
Instagram threatening Amazon with its e-trade plans

Instagram threatening Amazon with its e-trade plans

The current dominance in online commerce enjoyed by Amazon could be endangered if Instagram, with its one billion users...
Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba’s 6.18 Mid-Year Shopping Festival breaks records across China

Alibaba Group’s Taobao and Tmall shattered multiple records during this year’s '6.18 Mid-Year Shopping Festival,' sating a rising demand...

New Retail: Using data tech for seamless engagement between online and...

Shilpa Ahuja is always pressed for time. There’s work and then there’s home! And when she’s home, she wishes...
Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

Mirae-Naver, Alibaba, CDC invest US$ 150 mn in BigBasket

South Korean Asset financial group Mirae-Naver, Chinese e-tail behemoth Alibaba group and British development finance institution CDC on Monday...
Amazon to close its online biz in China: Report

Amazon to close its online biz in China: Report

Retail giant Amazon will withdraw its domestic e-commerce marketplace business in China, effective from July 18, but will keep...
Paytm Mall plans to hire 300 people in next few months

Paytm Mall plans to hire 300 people in next few months

Alibaba-backed Indian e-commerce firm Paytm Mall Sunday said it has hired 200 people across various functions and is planning...
A new world of shopping: 100 mn people to make purchases using AR, VR by next year

A new world of shopping: 100 mn people to make purchases...

By 2020, 100 million people would shop in-store and online using Augmented Reality (AR), enabling people to visualise products...