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Retail
Lenovo launches K5 Note, Vibe K5 Plus multimedia smartphones
IANS -
Chinese technology company Lenovo has launched two devices -- K5 Note with theatreMax technology and an enhanced version of Vibe K5 Plus with an array of supported devices -- in India.
The Lenovo K5 Note starts at Rs 11,999 for...
Retail
Flipkart denies lay offs; says sometimes people just choose to leave
Dismissing the reports about giving pink slips to the under performing employees, India's largest e-commerce player, Flipkart says the company is not laying off but letting go employees who choose to leave.
In an email response to a query, the...
Retail
US- based Fidelity raises Flipkart’s valuation
Fidelity Rutland Square Trust II, a mutual fund investor in Flipkart, has marked up the valuation of India’s largest e-commerce company by 2.7 per cent to $84.29 per share in May, against a value of $82 apiece in February,...
Retail
Flipkart acquires Jabong: E-commerce crying for consolidation, say experts
Flipkart-owned Myntra on Tuesday announced that it has acquired Jabong from Global Fashion Group for $70 million, a move that marks further consolidation in India’s booming e-commerce industry.
With this move, Flipkart is clearly trying to preserve its position as India’s No.1...
Retail
Myntra's Jabong: Then and now
The race to buy online fashion retailer Jabong has finally come to a conclusion, with Flipkart’s unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal.
With Jabong in its...
Retail
Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group
The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal.
Flipkart Ltd has acquired Jabong through its unit Myntra...
Retail
Amazon Prime launched in India
Amazon has finally launched its Prime subscription service in India. Users can sign up for Amazon Prime via the Amazon website, starting with a 60-day free trial.
Amazon has launched their membership service in another bid to outdo Indian e-commerce...
Retail
Durian becomes the leading seller on Flipkart and Amazon
Durian crosses over 1,000 orders in the first quarter of 2016 and becomes the most popular seller in the furniture segment on Flipkart and Amazon.
According to a PTI report: The furniture giant entered the online business in 2015 and...
Retail
Top Spot Race Continues: Amazon beats Flipkart in app downloads
The war between Flipkart and Amazon is becoming more cut-throat with Amazon India pipping homegrown Flipkart and emerging as the most downloaded retail mobile app in India on Google Playstore and Apple's App Store in the first quarter of 2016.
According...
Fashion & Lifestyle
Rocket Internet's GFG raises $33 million
Global Fashion Group, which houses six international fashion e-tailers including India's Jabong, today announced that it has raised an additional $33 million topping up its April round this year when it raised $330.9 million at a sharp valuation drop...
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Myntra to sell Victoria’s Secret’s online in India
By joining forces with Myntra, we can leverage their expertise in e-commerce and digital marketingNew Delhi: Global fashion and lifestyle...
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