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Retail Mantra: Look to customers, not investors

It is quite likely that most e-commerce start-ups being hatched in coffee shops of Bangalore – which are based on general merchandise retail – are already doomed. They need to search out new areas to service new customer needs...

AXA, Alibaba, Ant Financial enter into global strategic partnership

AXA, Alibaba and Ant Financial Services have agreed to engage in a global strategic partnership to explore opportunities to distribute AXA's insurance products and services through Alibaba's global e-commerce eco-system. According to a PTI report: The companies will seek to...

Flipkart acquires Jabong; beats Snapdeal, Abof, Future Group

The race to buy online fashion retailer Jabong has finally ended, with Flipkart's unit Myntra reaching the finish line before other contenders, including Alibaba, Future Group, Aditya Birla’s e-commerce venture Abof and Snapdeal. Flipkart Ltd has acquired Jabong through its unit Myntra...

Two more Silicon Valley executives quit Flipkart

India's largest e-commerce marketplace Flipkart's management rejig is continuing even as two more high-profile Silicon Valley hires quit the company last week. ALSO READ: Flipkart rejigs top management, hires ex-Amazon exec Lalit Sarna and Sunil Gopinath were among the top talent in the company. Sarna...

How brands will win in grocery’s e-commerce boom

The next explosion in e-commerce growth will come from groceries and other FMCG categories. When spending on those items shifts online at scale, it will add up to the biggest disruption yet driven by digital shopping – and one...

Flipkart, Alibaba, Future Group, Abof in race to acquire Jabong

The race to buy online fashion retailer Jabong is heating up with Alibaba, Future Group, Flipkart's unit Myntra, Aditya Birla's e-commerce venture Abof and Snapdeal reportedly negotiating to acquire the online fashion portal. Jabong is in initial talks with the...

Nestle, Alibaba upgrade partnership to tap Chinese consumption potential

Nestle and Alibaba on Sunday announced plans to upgrade their partnership. The world's largest food retailer will launch its biggest e-commerce campaign ever with its diverse products, spanning 30 brands from coffee to baby formula, being sold on Alibaba's expansive...

Nestle, Alibaba upgrade partnership to tap Chinese consumption potential

Nestle and Alibaba on Sunday announced plans to upgrade their partnership. The world's largest food retailer will launch its biggest e-commerce campaign ever with its diverse products, spanning 30 brands from coffee to baby formula, being sold on Alibaba's expansive...

Paytm to create 1,000 top brand retail stores online

Paytm, India's largest mobile wallet has added 1,000 top brands to its portfolio and plans to set up exclusive brand stores to ensure original products and realistic promotions. These stores - which include Puma, Dell, HTC, HP, Whirlpool, Woodland, Lakme, Casio, Samsonite and Samsung...

Ant Financial raises $4.5 billion funding

Chinese giant Alibaba's financial arm has raised a $4.5 billion in funding, it will be counted as the largest single private placement of the e-commerce company. As reported by the Wall Street Journal, the development values Ant Financial Services Group...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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