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INTERNATIONAL MARKETPLACES AND RETAIL
One Dreamliner leaves, six routes go dark, but IndiGo unveils 'bigger' FY30 ambitionsIndiGo unveiled an ambitious plan to nearly double its scale by FY30, targeting 200 million passengers annually. The airline will focus on ...- Hexagon Nutrition IPO Day 2: GMP signals 15% listing gain; Retail portion subscribed 2.43xHexagon Nutrition’s Rs 139 crore IPO saw strong retail demand on Day 2, with the retail portion subscribed 2.43 times. The grey market prem...
- Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...
- Walmart’s international sales growth in Q4 driven by Flipkart, China unitsFlipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profita...
- Trump tariff refund checks begin disbursing this week — who qualifies and why are millions excluded from payouts?Trump tariff refunds begin disbursing this week after the Supreme Court voided IEEPA-based tariffs, leaving the U.S. government liable for ...
- Walmart cuts 1,000 roles to simplify operations, source saysWalmart has cut 1,000 jobs as it simplifies its structure. The retail giant is focusing on technology to attract wealthier shoppers and gro...
- In 1994, Pierre Omidyar built a simple auction website during a holiday weekend, and ended up creating eBayIn 1995, Pierre Omidyar launched AuctionWeb, a primitive auction site, revolutionizing online commerce. This platform, later known as eBay,...
- For FDI, E-comm exports must be in separate cartIndia is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without...
- Flipkart expands Hemant Badri’s role to drive AI agendaFlipkart is appointing Hemant Badri to lead its AI initiatives, focusing on identifying and operationalising AI uses across the company. Th...
- In consumer goods, access to capital no longer the primary differentiator; profitability key for survivalIndia's consumer businesses are changing their strategy. They are now focusing on profitability rather than just rapid growth. Digital plat...
- Flipkart boosts Walmart’s international ad business in Q1Walmart reported 20% growth in international ad business, driven by Flipkart, which earned Rs 5,000 crore from ads. Net sales rose 7.8% to ...
- Committed to creating conducive ecosystem for Indian brands to start exporting: Amazon"As we emerge from this unprecedented pandemic, the cross-border e-commerce industry will usher in a new era of growth opportunities throug...
- Government set to develop protocols specific to e-commerce, aims at streamlining ecosystemThe Department for Promotion of Industry and Internal Trade (DPIIT) plans to develop an Open Network for Digital Commerce (ONDC) to set pro...
- Online vendors association seeks policy for tariff charged by e-marketplaces post lockdownThe body has asked the government to “implement a tariff policy of charges that can be charged by marketplaces until near future”.
- Food still on Amazon menu, parent firm invests Rs 240 croreAmazon’s capital infusion signifies that the company is going ahead with its planned expansion in food and grocery retail in India.
- Mywish Marketplaces scoops up $15 million in round led by Franklin TempletonIn April earlier this year, it was reported that the company was looking to raise about $25 million (about Rs 166 crore) for its first inst...
- Luxury product companies' stampede in e-comm sitesThe luxury market in India has been insulated from the market slowdown and has shown significant growth over the past few years.
- Flipkart looks to restructure team, plans to make marketplace more effectiveEven after it technically became an online marketplace last year, a bulk of the goods sold were through a former subsidiary, WS Retail.
- Infibeam looks for tie-ups, eyes inorganic growthInfibeam.com, an e-tailer based out of Gujarat is on the prowl, eyeing inorganic growth through acquisitions and keen to raise capital for ...
- Amazon may enter India via MarketplaceThe world's largest online retailer may enter India with an eBay-like platform for buyers and sellers, called Amazon Marketplace, in a bid ...
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