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Share of e-commerce is set to rise, despite the growth in brick and mortar or physical retail from 2 percent to 12 percent over the next 10 years, aided by pick up in Omnichannel format, said Krish Iyer, President &...

Stocks of global e-retailers -- Amazon and Walmart -- remained subdued on Monday, days after India's new Foreign Direct Investment (FDI) norms for e-commerce companies dented investor sentiments. In the early morning trade hour (US East Coast), shares of Walmart...

Retail giant Walmart may exit Flipkart after India's new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment banker Morgan Stanley has warned. "An exit is likely, not completely out of the question, with the Indian...

US e-tail giant Amazon sees "very good long-term prospects" in the Indian market but is evaluating the recent changes in FDI rules for online marketplaces to ensure that there are no "unintended consequences" for customers and sellers on its...

In a major setback to Amazon and Walmart-led Flipkart, the Department of Industrial Policy and Promotion (DIPP) on Thursday rejected the request to delay the implementation of the new FDI norms for the e-commerce sector. The new norms come...

Leading e-tailer Snapdeal on Tuesday supported the implementation of revised Foreign Direct Investment (FDI) policy on e-commerce from February 1. "Snapdeal supports the immediate implementation of the current FDI policy on e-commerce so that marketplaces are not misused to run...

There is trouble in paradise. The Government's drastic intervention in e-commerce at the behest of vested domestic interests and the powerful traders lobby has created consternation in the bulge bracket world of e-commerce in India. With the big players having...

Flipkart-owned ecommerce platform Myntra that saw 80 percent revenue fall in FY2018 has doubled down on last-mile delivery, tapping into over 9,000 kirana stores across 50 cities to fast deliver packages. Today, nearly 60 percent of all Myntra's product pick-ups...

The global retailing industry saw a record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 percent, according to a latest report by a professional services multinational that said Reliance Retail was...

Walmart has announced the addition of four delivery companies to its team to help expand the retailer’s popular online grocery delivery option. Point Pickup, Skipcart, AxleHire and Roadie will help power Walmart’s online grocery deliveries in metro areas across...