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DUNZO STRIKE
Exclusive: Flipkart-Zepto deal talks falter; quick commerce startup opts for financial investorsThe strategic sale discussions are unlikely to be revived. Quick commerce company Zepto is now in discussions for fresh funding at a likely...- Gig workers’ earnings rose 48% this festive season: PickMyWorkAs per an Assocham report, the gig sector in India is projected to reach $455 billion by 2024, with a compound annual growth rate (CAGR) of...
- Online bargains recede as festive sales outperform; Dunzo board vets expenses amid cash crunchEcommerce discounts and promotional offers came down on the third day of the biggest annual online festive sales, as brands and online sell...
- India's digital economy creates a new vote bank all parties want to wooThe rise of the gig economy during the pandemic has created a new politically significant vote bank in India. Gig workers, often young and ...
- Twitter removes legacy blue ticks; Google asks apps to use its billing system outside IndiaFrom Pope Francis, with his modest 18.8 million followers, to Justin Bieber, with 113 million, several celebrities and other notable person...
- Delivery workers' strike shuts more than 100 Blinkit dark stores in Delhi NCRCustomers have been unable to place orders at the offline stores with the Blinkit app showing these locations as “temporarily unavailable” ...
- General Atlantic adds another $100M to PhonePe’s kitty; TCS Q4 profit jumps 15% YoYFintech firm PhonePe has raised another $100 million from existing backer General Atlantic and its affiliate funds at a $12-billion pre-mon...
- Blinkit delivery workers protest in Delhi-NCR over changes in pay structurePeople aware of the development said delivery partners will now be paid a minimum fee of Rs 15 per delivery, down from Rs 25 earlier. In ad...
- Nykaa reports 68% fall in Q3 profit at Rs 9 crore; Big Tech battle it out for AI controlNykaa's revenue from operations surged 33% to Rs 1,462 crore for the quarter under review. Revenues in the year-ago quarter stood at Rs 1,0...
- New draft rules to tackle fake online reviews; IT ministry junks draft data anonymisation guidelinesA senior official in the Department of Consumer Affairs tells us the centre has finalised draft guidelines on countering the spread of fake...
- Reliance-backed Dunzo Daily’s Bengaluru operations hit as delivery staff protestDunzo Daily, the 20-minute delivery service, was still not available in many pockets of Bengaluru as of Thursday afternoon.
- Google to allow fantasy gaming apps in India pilot; strike hits Dunzo Daily ops in BengaluruGoogle said on Thursday it is conducting a pilot to allow the distribution of Indian-made daily fantasy sports (DFS) and rummy apps on the ...
- Quick commerce can be sustainable with right business levers: Swiggy Instamart’s Karthik GurumurthyDuring the funding boom last year, quick commerce grocery startups attracted significant venture capital interest despite no proven profita...
- Dunzo threatens to ban delivery workers if they strikeDelivery partners are important to us and we want to make sure we do right by them, clarifies Dunzo.
- Swiggy workers go on strike again, this time in DelhiSwiggy delivery personnel went on strike in Bengaluru last week and in Mumbai earlier.
- Gig Interrupted: how Indian gig workers struggle amid lack of social security netTech aggregators from mobility to food delivery are growing at a scorching pace, thanks to gig workers who may be their feet on the street,...
- Can bookstores retain their post-pandemic clientele and cash in on revival of physical books?Companies like HarperCollins and Rupa & Co which publish novels, poetry and nonfiction are known in industry parlance as trade publishers a...
- Google pursuing licensing deals with publishers: CEO Sundar PichaiIn recent years, Google has signed several deals with news and content generators as well as publishers worldwide to pay for content. This ...
- Quick commerce deliveries grow 25% faster than other modesBlinkit, Swiggy Instamart, Reliance-backed Dunzo and Zepto are among the platforms leading the 10-20-minute delivery category, with micro w...
- Zomato and Blinkit likely to merge in share-swap dealWhile the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...
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