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Amazon has signed a deal with Air Transport Services Group Wilmington Ohio, to lease out 20 Boeing 767 wide body freighter aircraft. This act will help them in making one and two day deliveries to the US. Earlier the group...

As a part of its efforts to build an online payments business, Amazon India is planning to launch a digital wallet through acquisitions. Last week, Amazon's largest domestic competitor, Flipkart, introduced its digital wallet giving Internet companies greater control over...

Kraftly, an O2O (online to offline) mobile marketplace that targets micro and individual seller communities in India has announced the appointment of Akshay Ghulati as its Chief Business Officer. Launched in August 2015, Kraftly has over 10,000 shops and it...

Amazon has appointed Puneet Gupta as Head, Sales, Marketing & Operations – Food Fashion and Grocery wef January 2016. Gupta brings with him a rich experience of 13 years. An IIT Delhi alumni, Gupta started his career as at ITC...

After shutting down 269 stores, laying off thousand of employees and strengthening of US dollar, Walmart is not expecting any significant sales growth in the coming year. The retail giant revealed it in October that it is expecting a sales...

It is reported that Google will be adding fresh foods to its grocery delivery service. The giant has taken the decision soon after its competitor Amazon. According to the reports, both the companies are planning to be at pace...

According to a study conducted by Morgan Stanley, Flipkart, Snapdeal, and Amazon – the “Big Three” accounted for more than 80 per cent of the total market in 2015. Snapdeal and Amazon India lost market share as online shopping options...

February 2016 saw Amazon India announcing the launch of Amazon Tatkal — a studio cum registration centre on wheels, to cover various cities and add smaller merchants. Immediately after the announcement, rival Flipkart launched a similar service called Spotlist. According...

Delhi: According to a report in Business Standard, the combined losses of Flipkart, Amazon and Snapdeal – India’s top e-retailers – were Rs 4,984 crore during 2014-15. The report goes on to state that three of the largest, listed offline...

Less than five months after testing it, Flipkart has decided to shut down its grocery delivery app, Nearby. The experimental app was launched by the online retail giant in October last year. Nearby was only launched in one city,...