Swiggy’s Q1 loss narrows as Instamart's profitability push slows growthThe Bengaluru-based food and grocery delivery company said that its quick commerce unit Instamart, which became contribution level neutral ...
30 Jul, 2026, 09.35 PM IST
Reliance Retail Q1 revenue rises, but profit falls as e-commerce weighsReliance Retail's Q1 revenue rose 8.2% despite the FMCG demerger, while net profit fell 14.2% as e-commerce investments pressured margins. ...
17 Jul, 2026, 10.16 PM IST
Uber in $15 billion deal for Delivery Hero to create global takeout giantAcquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the...
16 Jul, 2026, 06.23 PM IST
Quick commerce no longer luxury service, becoming permanent structural shift in urban retail: ReportQuick commerce is revolutionizing India's retail sector, transforming from a niche service to a permanent fixture. Projections indicate thi...
03 Jul, 2026, 03.28 PM IST
PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
29 Jun, 2026, 01.33 PM IST
Inside Zepto's profit push ahead of its IPOZepto's upcoming $1 billion IPO highlights the quick commerce sector's investment surge. Despite strong order volumes, Zepto's aggressive l...
22 Jun, 2026, 12.52 PM IST
L’Oréal acquires Innovist in big D2C deal; Dhan’s FY26 profit shrinksL’Oréal has bought Innovist to claw back momentum in India’s hyper-competitive beauty market. This and more in today’s ETtech Top 5.
18 Jun, 2026, 07.48 PM IST
India's Q4 FY26 current account surplus at $7.1 bln, driven by services exports, remittancesIndia achieved a $7.1 billion current account surplus in the fourth quarter of the last fiscal year. This positive outcome was driven by st...
08 Jun, 2026, 08.05 PM IST
FirstClub raises $55 million from Peak XV, Sofina; valuation doubles to $255 millionQuality-focused grocery delivery startup FirstClub has secured $55 million in a Series B funding round led by Peak XV Partners and Sofina, ...
04 Jun, 2026, 12.00 AM IST
RBI warns West Asia war may hurt India growth outlookThe central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail ...
30 May, 2026, 07.19 AM IST
Listed digital payment majors finally turn a corner in FY26Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like cr...
29 May, 2026, 06.00 AM IST
Alibaba's Taobao, Tmall cancel December shopping festival, to host substitute eventThe dates of the new festival were not included in the notice, which was posted in a help section for platform merchants. Alibaba did not i...
24 Nov, 2023, 04.37 PM IST
China's Alibaba sets $100 billion target for Southeast Asian e-commerce divisionChinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total...
17 Dec, 2021, 12.43 PM IST
Shopify rides online shopping wave to crush profit, revenue estimatesThe company, which provides infrastructure for retailers to set up their stores online, emerged as a pandemic winner with revenue soaring 8...
28 Apr, 2021, 11.26 PM IST
Shopify revenue more than doubles on online boomThe company was a clear pandemic winner as lockdowns fueled a swift to online purchases
28 Apr, 2021, 05.20 PM IST
An unlikely competition: How Shopify is mounting a serious challenge to Amazon and FlipkartShopify has been quietly and assiduously chipping away as an alternative to Amazon and Flipkart by getting small businesses to use its plat...
14 Feb, 2021, 10.47 AM IST
Shopclues expects over two-fold jump in Gross Merchandise Volume sales this fiscal"We are planning to close financial year 2016-17 at annualised GMV rate of $ 3 billion," Shopclues Chief Business Officer Radhika Ghai Agga...
24 Jun, 2016, 07.10 PM IST