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PAYTM WHOLESALE COMMERCE
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.- Amazon India units post moderate growth, cut losses in FY24While Amazon’s India marketplace unit is yet to file its audited financials with the Registrar of Companies (RoC), earnings of the three ar...
- Electric two-wheeler startups skid; Paytm’s profitability outlookTop startups in the electric two-wheeler space saw a slide in market share in the first quarter, while legacy names revved up. This and mor...
- These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%While Nifty has seen some corrections from its recently formed new highs, the broader market continues in bullish mode making analysts bull...
- VC funding up, Google's app fees downIn today's ETtech Morning Dispatch: India’s draft e-commerce policy; explained in two minutes; A clubhouse chat with Deepinder Goyal whose ...
- 2020 Year in Review | Of startup squabbles and billionaire battlesFrom Khatabook Vs Dukaan over IP rights to Reliance vs Amazon over Future Retail, 2020 saw its fair share of tiffs between Indian tech comp...
- Flipkart and PhonePe have room for other investors, says Walmart CEO Doug McMillonWalmart, the world's biggest retailer by sales, bought about 77% of home-grown Flipkart for roughly $16 billion in 2018, the biggest deal i...
- Amazon infuses Rs 700 crore into its India digital payments business ahead of festival seasonThe fresh infusion comes just ahead of the festive season where the e-commerce giant will compete head-on against Walmart-owned Flipkart an...
- Meesho, Shopclues, NoBroker, others enter online grocery space for survivalThe foray into grocery and delivery of essentials have also been pushed by local governments and allows these businesses to get curfew pass...
- Behind Paytm Mall’s toils: Why the platform failed to take offDespite backing of big investors, firm’s strategy was dependent on unsustainable cashbacks
- Alibaba-Backed Paytm Wants to Cash in on Amazon's India DistressVijay Shekhar Sharma -- whose two-year-old Paytm Mall is backed by Alibaba Group Holding Ltd. -- is quietly devising ways to outstrip his r...
- Paytm Mall rejigs team to focus on ‘Offline to Online ’Paytm to invest in its merchant ecosystem B2B
- Paytm has no plans to leave Mall business: Vijay Shekhar SharmaSharma, however, said “there is no truth” in these claims about the proposed closure of Paytm B2C business and movement of staff from its e...
- Paytm turns to leverage wholesale business like rivals Flipkart, AmazonAmazon and Flipkart have been using their wholesale units as distribution channels that source products from brands directly and then suppl...
- Paytm sets up wholesale entity for ecomm business like rivalsExperts say control over inventory helps in ensuring quality & customer experience
- Amazon Pay expands authorised share capital to Rs 2,000 croreThe funding would help Amazon Pay expand its operations in the country and compete head-on with the likes of PhonePe and Paytm, industry wa...
- Digital wallets and mobile wallets surge to their highest level, modern trade grows five-fold: NielsenFor digital wallet companies, weekly installation numbers doubled in the week post announcement, clocking an all-time peak of 28%. Usage fr...
- Paytm & Alibaba to help Indian sellers source 5-million products from China at cheaper ratesThe programme plans to get on board at least 10,000 merchants by the end of this year, giving them access to more than 5-million products f...
- Paytm brings on board Alibaba former executive Bhushan Patil as presidentPaytm has appointed ex-head of Alibaba Group Holding’s wholesale business, Bhushan Patil, as the company’s new president.
- CII, Alibaba ties up to provide global platform to Indian SMEsAlibaba.com and CII will collaborate and develop various trade opportunities and online promotions between Indian and Chinese SMEs.
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