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GROSS MERCHANDISE VALUE
Delivery Hero lifts 2026 outlook on strong growth amid Uber takeover bidIts gross merchandise value, total value of all goods sold through the marketplace, is now expected to grow 9% to 11% this year, compared ...
Pernia’s Pop-Up Studio parent Purple Style Labs sets IPO price band at Rs 546–575; subscription opens August 31Purple Style Labs, the parent company of Pernia’s Pop-Up Studio, has set its IPO price band at Rs 546-575 per share. The Rs 680-crore issue...
VCs step up wealthtech bets; Blinkit freezes new launchesInvestors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5.
Blinkit to freeze new product launches amid festive rushBlinkit’s decision to pause new products launched on its platform comes as quick commerce and ecommerce platforms prepare for the festive s...
Y Combinator pockets Rs 970 crore from Meesho stake saleY Combinator has sold nearly Rs 970 crore worth of Meesho shares through a block deal, adding to its returns from the ecommerce company. Th...
Paytm to step up AI, financial services investments after first profitable year, Sharma saysThe comments come after a sharp turnaround at One 97 Communications. Paytm reported its first full-year profit of Rs 552 crore in FY26, com...
Kalyan Jewellers plans to boost regional 'ATM' to take on local playersKalyan Jewellers is expanding its strategy to include localized brands like Akshaya Thanga Maligai. This new brand will target value-consci...
Ecommerce order volumes up 31% during Independence Day salesThe insights, derived from order items processed on the company's Uniware platform between August 6 and 14, also revealed a 30 per cent jum...
What Shah Rukh Khan, Madhuri Dixit and Sachin Tendulkar see in Purple Style Labs IPO? Here’s what DRHP revealsShah Rukh Khan, Madhuri Dixit and Sachin Tendulkar are among investors in Purple Style Labs, the parent of Pernia’s Pop-Up Shop, which is g...
Pernia's Pop-Up Shop likely to launch Rs 660 crore IPO by Aug-endPurple Style Labs is set to launch its initial public offering (IPO) at an impressive Rs 660 crore by the end of August. Having received th...
Pernia's Pop-Up Shop likely to launch Rs 660 crore IPO by August-endThe company, which operates a multi-brand luxury fashion omni-channel platform, has filed its updated draft red herring prospectus (UDRHP) ...
FirstCry reports 13% growth in revenues, cuts losses by 34% in Q1The company’s expenses rose 12% YoY to Rs 2,046 crore from Rs 1,829 crore a year earlier, led by higher stock-in-trade purchases and other ...
Piyush Goyal pushes for onboarding more state agencies to GeMPiyush Goyal, the Commerce Minister, has advocated for broadening India’s public procurement platform, GeM. He stressed the need to bring m...
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush GoyalGovernment e-Marketplace (GeM) has recorded a Gross Merchandise Value of over Rs 1.55 lakh crore, up sharply from Rs 422 crore a decade ago...
GeM crosses Rs 20 lakh crore procurement milestoneIndia's GeM portal has facilitated over twenty lakh crore rupees in procurement. This platform has seen millions of sellers and enterprises...
EBay forecasts upbeat quarterly revenue as high-value categories drive momentumEBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acqu...
Shopify shares soar 18% as AI push helps revenue beat estimatesShopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projecti...
Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%Nykaa's operating revenue rose 29% year-on-year (YoY) to Rs 2,782 crore in Q1FY27, up from Rs 2,155 crore a year prior. Including other inc...
Singapore's Grab lifts annual forecasts as AI, incentives drive growthGrab has increased its annual revenue and profit forecasts for the upcoming year. Strong demand for ride-hailing and delivery services fuel...
Mobikwik swings to Rs 7.6 crore net profit in Q1Mobikwik achieved 3.7% revenue growth and its third profit quarter. Lower costs and improved lending margins boosted the company's bottom l...