2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
20 Dec, 2022, 07.50 PM IST
ETtech Long Read: Why China’s group buying model hasn't clicked in IndiaUnder group buying, companies sell products at much lower prices to customers provided they place orders as a group. Chinese internet firms...
17 Dec, 2022, 12.53 PM IST
Why group buying has flopped in India; firms seek clarity on proposed data storage rulesUnder this model, companies sell products at much lower prices to customers, provided they place orders as a group. Chinese internet firms ...
15 Dec, 2022, 07.49 AM IST
Social commerce startup Meesho shutters Superstore grocery business in India, 300 'lose' jobsHomegrown social commerce platform Meesho has reportedly shut down its grocery business called Superstore in more than 90 per cent of citie...
27 Aug, 2022, 10.19 AM IST
Meesho shutters Superstore grocery business in India, 300 'lose' jobsIn April, Meesho rebranded Farmiso to Superstore, with an aim to highlight its continued focus to fulfill consumer demand for daily essenti...
26 Aug, 2022, 06.16 PM IST
Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
19 May, 2022, 08.23 PM IST
Now, Cars24 sacks 600 employees; small online sellers face CCI heatThe company, which is backed by SoftBank and Alpha Wave Global, joins a growing list of startups that have fired employees to conserve cash...
19 May, 2022, 07.31 PM IST
Does crypto have a future in India?India may not have imposed an outright ban on crypto as China has, but the actions of regulators are certainly pushing the industry to a sl...
16 Apr, 2022, 11.21 AM IST
Cloudtail’s exit notice worries small sellers; Meesho lays off more than 150; LeadSquared may be next unicornSome small sellers are worried as Cloudtail hasn’t yet told them where their inventory and business will be shifted before it shuts down.
12 Apr, 2022, 08.25 AM IST
Meesho lays off over 150 employees from grocery biz as it restructures vertical“As we look to boost efficiencies in the light of the integration, a small number of full-time roles and certain third-party positions on s...
11 Apr, 2022, 10.09 PM IST
Meesho rebrands Farmiso to Superstore in grocery push; Musk appointed to Twitter boardWith only 0.5% of grocery sales in India being online, Meesho has a huge market to tap into even as it fights well-entrenched rivals like A...
05 Apr, 2022, 08.08 PM IST
Meesho rebrands Farmiso to Superstore, to integrate with main appMeesho will integrate Farmiso, its grocery division, into its core application by the first week of May. It will also be renamed Meesho Sup...
05 Apr, 2022, 12.56 PM IST