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Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
Memorial Day 2026: Is Costco, Walmart, Target, Publix, Trader Joe’s, Aldi, Whole Foods and Kroger open? Banks closed as federal holiday store hours confuse shoppersMemorial Day 2026: Costco closed; Walmart, Target, Publix, Aldi, Whole Foods, Kroger open with regular or modified hours. Banks closed acro...
Amazon vs Walmart: Great American race begins for $1 trillion annual sales. How will this benefit customers in rural U.S?Amazon last year invested $4 billion to bring same-day or next-day deliveries to 4,000 smaller cities, towns and rural communities.
Walmart and Amazon race to win over rural America with speedier deliveriesWalmart and Amazon are aggressively expanding online delivery services into rural America, a market previously overlooked due to logistical...
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despi...
What is Price Gouging? Australian government brings new rules to reduce grocery bills, giant retailers to face penalty in case of breach; all you need to knowAustralia is introducing new rules to curb excessive grocery pricing. Starting July 1, 2025, supermarkets will be prohibited from charging ...
BigBasket B2B arm's loss widens 21% in FY23; turnover at Rs 2,261 croreThe unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses stood at Rs 177.9 crore, while its ...
Kroger mulls merger with Albertsons in deal worth $24.6 billion to form giant grocery chainKroger is planning to merge with Albertsons for $24.6 billion, as the merger of the two will create the largest grocery store chain in the ...
BigBasket gets another Rs 350 cr from holding companyTata Digital launched the app on April 7 after multiple delays and advertised it throughout the Indian Premier League (IPL).
BigBasket gets Rs 1,000 crore investment from its holding companyTata Digital owns an around 64% stake in Supermarket Grocery. Innovative Retail Concepts was made a subsidiary of Supermarket Grocery after...
Competition Commission approves BigBasket's 64% stake sale to Tata DigitalThe transaction, which marks one of the largest acquisition deals in India’s digital sector, will put the Tata group in direct competition ...
Merger and acquisitions jump over 17 per cent to USD 25.3 billion in Q1: ReportThough the deal value jumped 17.4 per cent to USD 25.3 billion across 97 deals, over USD 21.6 billion across 122 deals, which means the dea...
BigBasket’s wholesale unit revenue up 35%2019 starts on a good note for companies with BigBasket and PayPal posting promising numbers. That’s good news for emerging sectors FY 2017...
BigBasket’s operating loss up 12%The company’s overall loss shot up by almost 7 times from Rs 95 crore in FY16 to Rs 653 crore in FY17 due to “fair value changed to the fin...
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
Amazon, two others get nod for FDI in food retailWhile Amazon Retail has proposed investment of Rs 3,500 crore, Supermarket Grocery Supplies has planned Rs 105 crore.
Ninjacart finds Rs 37crore funds under the MistletoeThe Bengaluru-based company changed to a business-to-business marketplace model, providing transparency of pricing to farmers and building ...
LocalBanya appoints two investment banks to run fund-raising mandateET could not ascertain the size of funding LocalBanya is looking to raise. Karan Mehrotra, cofounder and chief executive of LocalBanya, dec...