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India in top five Asian consumer markets: Report
India is among the top five consumer markets in Asia, offering retailers consumer spending growth of an average of 6.1 per cent over the next five years, says a report.
According to BMI Research, a Fitch group company, China, Sri Lanka,...
Retail
Flipkart expected to offer US $900-950 million for Snapdeal
E-commerce major Flipkart is expected to make a revised offer of $900-950 million for buying rival Snapdeal, according to sources close to PTI.
According to a PTI report: The new offer almost matches the initial asking price of $1 billion...
Retail
Flipkart expected to make revised offer for Snapdeal
Flipkart is expected to make a revised offer in the next few days for buying Snapdeal, after its first proposal of US $850 million was rejected by the Board of the smaller rival.
According to a PTI report: The new...
Retail
Printing MRP, other details mandatory for e-commerce companies from January 2018
To protect online consumers, the Government has made it mandatory for e-commerce companies from January 2018 to print not only the MRP on goods but also information like expiry date and customer care details.
According to a PTI report: An...
Retail
Flipkart-Snapdeal negotiations still on but for higher offer
After Snapdeal's board reportedly rejected Flipkart's US $850 million takeover offer, the two parties are now holding parleys over the US 1$50-200 million valuation gap.
According to sources privy to the development, Flipkart had initially offered US $1 billion for...
Retail
Snapdeal leads its sellers into the GST era
Snapdeal has announced its platform’s successful transition into the post GST world, culminating months of preparation overhauling all key systems impacted by the taxation system change. This included enhancements across the Snapdeal Seller Panel, taxation system, cataloging system, order...
Retail
Snapdeal announces daily shopping bonanzas
Snapdeal, India's largest online marketplace, has announced daily shopping bonanzas on its platform.
Developed as a response to insights from consumer data, Snapdeal has devised a strategic combination of curated offers, attractive deals, and a wide assortment, to meet the...
Retail
Is the rise of e-commerce helping affiliate marketing players?
India’s e-commerce industry has witnessed a major breakthrough in the last few years. Increasing Internet penetration, safe and secure payment modes along with aggressive marketing strategies have all played a significant role in the booming e-commerce sector. With digitization...
Retail
Snapdeal announces fashion extravaganza end of season sale
Snapdeal has announced its fashion end of season sale starting June 17. Snapdeal is offering flat 40-70 per cent off with an additional 10 per cent off over the weekends across some of the best fashion labels such as...
Retail
Myntra appoints Jeyandran Venugopal CTO
Flipkart-owned online fashion retailer Myntra has named former Amazon executive Jeyandran Venugopal as its new Chief Technology Officer.
Ajit Narayanan, who was appointed as the head of technology for Myntra late last year, has resigned from the company. Venugopal will...
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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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