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India at the tipping point of explosive e-commerce growth

India and Indonesia share a number of characteristics that position them on the tipping point of explosive e-commerce growth. Between them, India and Indonesia account for one out of every five people alive on earth. With India’s economy predicted to...

UberEats to expand in 24 countries

In a bid to take on local rivals, in dozens of countries, Uber is reportedly making a big push into meal delivery, with fresh hiring and aggressive marketing. In a sign of rising ambition beyond its taxi business, the food...

MobiKwik raises US$ 40 million from Net1

Gurugram-based digital wallet start-up MobiKwik has raised US$40 million (nearly Rs 270 crore) from Net1, a South African payments technology entity specialising in developing solutions for the unbanked in developing nations. Net1 is listed on Nasdaq, the American stock exchange,...

MobiKwik pivots business strategy; targets profits by April 2018

Gurugram-based mobile payments network MobiKwik aims to become profitable by April 2018, as it pivots its business strategy to increase presence in the offline space, a senior company official said. "We expect to become profitable by 2018 and continue to...

Snapdeal's Capital Assist Program to be managed by Freecharge

Snapdeal's merchant lending program Capital Assist will now be managed by Freecharge. According to a PTI report: Under the new arrangement, sellers on Snapdeal, Shopo and Freecharge will be able to access working capital in a time efficient and cost...

Now book an Uber ride via Snapdeal app

Online marketplace Snapdeal has tied up with ride-hailing service Uber Inc. to enable cab booking on its app. With this partnership, Snapdeal consumers can directly book a ride on Uber through the e-tailer’s app, the company said in a statement. In...

Invoking Uber, Flipkart Chairman Sachin Bansal says markdowns don't matter

Battling successive markdowns in valuation by investors and third-parties, Flipkart's Chairman Sachin Bansal has said such cuts are their opinions and cited the case of Uber to illustrate that it will not impact fundraising plans of the e-commerce major. "That...

Uber launches meal delivery service London

Ride-hailing company Uber launched its meal delivery service app UberEATS in London on Thursday, the second European city where users will be able to order food to their home, entering a burgeoning British market...READ MORE

Leading consumer brands collaborate to launch WOSF

The Women’s Online Shopping Festival (WOSF) is a flagship annual online shopping event conceptualized by VelvetCase.com, that has been brought together by a collective of brands that are vertical leaders in various categories - A first in India. Culminating on...

Furlenco and Uber introduce UberPLAY in Pune

India's first online furniture rental company, Furlance has entered a tie up with the US based online transport company Uber. Together they have introduced UberPLAY in Pune. Furlenco with a range of furniture items and offer packages have beautified more...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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