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TATA CLIQ LOSSES
Tata Cliq FY24 revenue falls on exiting electronics category, loss narrowsTata Cliq, rebranded as Tata Cliq Fashion, saw a 42% sales drop in FY24, reaching Rs 247 crore, following its exit from the electronics cat...26 Nov, 2024, 12.34 AM IST- Tata Digital logs Rs 37,355 crore aggregate GMV in FY24, as turnover rises, loss narrowsWhile total turnover more than doubled to Rs 420.5 crore from Rs 204.3 crore in FY23, standalone losses narrowed to Rs 1,201 crore from Rs ...06 Sep, 2024, 10.40 PM IST
- ETtech Exclusive: Nykaa sues former CBO, current Tata Cliq CEO Asthana for contract breachAsthana, a chief executive in Tata’s ecommerce venture, was the CBO at Nykaa for four years and was also on the company’s board. Nykaa said...05 Sep, 2024, 08.33 AM IST
- Tata Sons hits pause on fresh funds till e-commerce, electronics businesses shape up"There is a strategic reason for not making any equity infusion even as organisational changes are being made," said one of the persons. "H...26 Jun, 2024, 05.31 AM IST
- Chandrasekaran’s Call: Tata chief pushes for profitable e-comm growth; revisits plan for external fundingThe Tata Group has set up a separate core team of specialists within Tata Digital to strengthen financials and drive the push towards profi...18 Sep, 2023, 06.00 AM IST
- Tata Digital standalone FY23 revenue grows 13 times to Rs 204 crore, loss up 23%Tata Digital is the ecommerce arm of the Mumbai-based salt-to-aviation major which houses digital assets such as egrocery firm BigBasket an...09 Aug, 2023, 08.38 PM IST
- Tata Cliq struggles as losses rise after exit from key categoriesIn the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit fr...02 Aug, 2023, 08.16 AM IST
- Tata's first ecommerce platform struggles to click as losses rise after exit from key categoriesThe Tata Group is continuing to burn money on its first ecommerce platform, Tata Cliq. Tata UniStore, which owns and runs Tata Cliq, posted...02 Aug, 2023, 12.47 AM IST
- Tatas infuse Rs 1,600 crore capital into ecommerce business Tata CliqTata UniStore’s filings with the Registrar of Companies (RoC) shows the Rs 1600 capital infusion was approved by the company’s board on Nov...20 Dec, 2022, 06.00 AM IST
- Tata Cliq CEO Vikas Purohit quitsPurohit had joined Tata Cliq in November 2016 and has huge experience in the e-commerce and fashion retail market.After a two-year stint at...19 Oct, 2022, 10.36 AM IST
- Tata Digital revenue jumps three-fold to about Rs 16,000 crore after acquisitionsThe spike in revenue mainly came from the company’s acquisition of a majority stake in e-pharmacy startup 1mg, and Supermarket Grocery Supp...30 Sep, 2022, 06.00 AM IST
- Tatas continue to bet on loss-making Tata CliqTata Unistore Ltd – the company that owns and operates Tata Cliq -- attributed increased losses to investment made to scale up the business...24 Aug, 2022, 02.17 PM IST
- Tata Cliq turns direct seller, tooThe executives said this could be termed as an almost last ditch effort to spruce up the three-year-old ecommerce business since Tata Cliq ...06 Feb, 2020, 09.08 AM IST
- Tatas pump in more to CLiQ and growTata Group infused Rs 231 crore into Tata CLiQ in FY20 despite an 18% rise in etailer’s loss in FY19. Tata Unistore net losses jumped to Rs...27 Nov, 2019, 06.57 AM IST
- Tata CLiQ hasn't quite clicked in online retailTata CLiQ's revenue is only a fraction of that of rivals such as Walmart-owned Flipkart or Amazon.12 Oct, 2019, 09.46 AM IST
- With Reliance planning entry and Amazon & Flipkart spending big, CLiQ may lag: AnalystsInvestment by Tatas into Tata CLiQ pales in comparison to Amazon and Walmart-owned Flipkart.18 Apr, 2019, 12.14 PM IST
- Tata CLiQ takes on bigger rivals with big discountsThe move is a departure from its approach of minimal discounts and keeping prices of most products at par with brick-and-mortar stores, thr...28 Mar, 2018, 07.06 AM IST
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