Warehouse executive gets to be day-long CEO at Flipkart
Thirty four-year old Padmini MP, a warehouse executive at Flipkart, on Tuesday walked into office as the CEO of India's largest e-commerce company, Flipkart.
Apr 25, 2017, 19:12 PM IST
Snapdeal founders move to calm employees amid takeover speculation
Snapdeal has so far declined to comment on sale talks and said that it remains focused on achieving profitability.
Apr 09, 2017, 19:33 PM IST
Flipkart crosses 100-million customers milestone
Homegrown e-tailer Flipkart has crossed the 100-million registered users mark, becoming the first e-commerce company in the country to hit the milestone.
Sep 21, 2016, 10:25 AM IST
Flipkart launches financial assistance programme for sellers
Under the 'Growth Capital Initiative', Flipkart has partnered Bajaj Finserv, Axis bank, NeoGrowth, Lendingkart and Capital First to enable entrepreneurs fulfill their business aspirations.
Jul 16, 2015, 20:35 PM IST
EBay sells enterprise unit to Permira consortium
Shares of eBay, which also announced an additional $1 billion share buyback program, were up 3 percent at $65.37 in premarket trading.
Jul 16, 2015, 18:59 PM IST
Alibaba boosts Singapore Post stake, invest in e-commerce unit
SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.
Jul 08, 2015, 08:09 AM IST
Still an underdog, but China govt deals help Alibaba's cloud ambitions
Alibaba this week scored a minor deal with China`s northeastern port city of Dalian to build a cloud computing centre and provide online government services such as bill payment.
Jun 19, 2015, 08:27 AM IST
New York AG questions eBay, PayPal on revised user agreements
New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies` revised user policies "raise issues" under consumer protection laws.
Jun 11, 2015, 21:59 PM IST
Amazon, HarperCollins reach multi-year publishing deal
E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins.
Apr 14, 2015, 08:56 AM IST
Snapdeal says not in immediate need to raise money
Snapdeal raised $627 million from Japan`s SoftBank in October last year.
Mar 31, 2015, 14:12 PM IST
Snapdeal to invest up to $200 mn to improve deliveries
Ecommerce company Snapdeal.com will invest $150 million-$200 million to strengthen its delivery network in the next financial year, an executive said.
Mar 17, 2015, 14:57 PM IST
EBay to cut jobs, sell enterprise unit ahead of PayPal split
EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.
Jan 22, 2015, 10:23 AM IST
Myntra Fashion Incubator programme kicks off, selects 11 new talents
To provide a platform to budding designers from across the country, the e-commerce company has selected 11 new faces who will be trained under their first batch of Designer In Residence (DIR) module.
Dec 12, 2014, 09:47 AM IST
Snapdeal buys gift recommendation firm Wishpicker
In its first acquisition after USD 627-million Softbank fund infusion, e-commerce major Snapdeal has acquired Wishpicker, an online gift retailer founded by IIT-Delhi graduates.
Dec 11, 2014, 15:02 PM IST
Rocket Internet brings forward listing date over high demand
Initially, investors had from September 24 until October 7 to apply for shares. But the subscription period would now end on October 1.
Sep 26, 2014, 17:41 PM IST
Rocket Internet to unveil 750 mn eur IPO on Wed
The companies join a flurry of e-commerce flotations set to be crowned by Chinese giant Alibaba next week.
Sep 10, 2014, 11:04 AM IST
