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ECOMMERCE COMPANIES
ETtech Explainer: Ecommerce export FDI policy opens opportunities, but raises compliance questionsIndia's FDI rules prohibit ecommerce companies from holding inventory, requiring them to operate on a marketplace model to prevent large in...- Flipkart to launch food delivery pilot in August: Kalyan KrishnamurthyET had first reported in February about Flipkart’s plans to foray into an industry dominated by Eternal-owned Zomato and Swiggy. On Friday,...
- Flipkart's Kalyan Krishnamurthy rules out IPO timeline, plays down quick commerce as a separate businessFlipkart, which flipped back its domicile to India from Singapore in March, was preparing to tap the domestic capital market, according to ...
- Flipkart’s food delivery foray; Swiggy CEO on qcomm competitionFlipkart will launch its food delivery pilot next month, CEO Kalyan Krishnamurthy said. This and more in today’s ETtech Top 5.
- From Bhadohi to Brooklyn: India's small towns are set to go globalIndia's latest ecommerce export reforms could transform thousands of MSMEs into global exporters by connecting small-town manufacturers wit...
- Social media has reshaped online shopping; open to acquisitions: Flipkart's Kalyan KrishnamurthySocial media apps significantly influence Indian online shopping decisions for consumers. Flipkart's CEO noted direct sales from these plat...
- Flipkart may add food delivery to its product offeringsFlipkart plans to launch a pilot in India's online food delivery sector soon. This move aims to challenge established players like Zomato a...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Meesho expects slower Q2 growth, to raise festive marketing spendMeesho anticipates slower net merchandise value growth this quarter. The company plans increased spending to acquire new users before the f...
- Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
- Karnataka gig workers' law: Platforms deposit welfare fee with HC ahead of deadlineEcommerce firms have deposited a mandated welfare fee with the Karnataka High Court. This action complies with the court's interim order re...
- Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
- Chinese ecommerce giant JD.com given notice of EU concerns over Ceconomy takeoverThe European Commission opened a full-scale investigation into the deal in May under the Foreign Subsidies Regulation that targets unfair...
- Eternal’s Q1 net profit jumps 4x YoY on rising Blinkit profitabilityThe sharp rise in revenues was driven by Eternal-owned quick commerce platform Blinkit's transition to the inventory model, which changed i...
- Blinkit logs Rs 102 crore operating profit in Q1; sees more predictable competitive landscapeEternal chief executive and Blinkit founder Albinder Dhindsa, in a letter to shareholders, said the company's NOV growth during the quarter...
- South Korea says Coupang dispute not holding up US trade and security agendaA top South Korean official stated the Coupang data leak dispute is not delaying discussions with Washington. This incident involved over t...
- Speciality tea market triples to ₹1,000 crore in 5 years, driven by Gen Z, millennialsIndia's speciality tea market has tripled to ₹1,000 crore in five years. Millennials and Gen Z are driving this growth with premium tea pre...
- ETtech Deals Digest: Udaan, Emergent deals lift weekly funding to $346 million, up 332% on-yearIndian startups secured $346.2 million across 20 funding rounds. Udaan and Emergent led the funding with substantial large-stage deals. Lat...
- Amazon AWS executive and CEO advisor Dave Brown to leave after 19 yearsHe is leaving for another job, according to a memo from AWS CEO Matt Garman, who did not provide specifics. He was most recently leading ...
- Shein scheduled for Hong Kong IPO hearing on ThursdayFast-fashion retailer Shein is nearing its market debut. The company received approval from Chinese regulators for its Hong Kong IPO. Once ...
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