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ED Said to be Quizzing Apple, Xiaomi in E-Commerce Probe on Amazon, Flipkart
ED, which probes economic crimes, has been investigating Amazon and Flipkart for years for allegedly breaching laws by stocking and exerting control over goods they list online. The agency, in recent weeks wrote to smartphone companies, including Apple and Xiaomi, to get data related to their online sales.
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Walmart-Backed Flipkart to Shift Base Back to India from Singapore
Flipkart will shift its holding company from Singapore to India as its parent Walmart aims to take the 17-year-old company public. Walmart is looking to list Flipkart and PhonePe in India over the next couple of years, Dan Bartlett, Walmart's executive vice president for corporate affairs, told Reuters last year.
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US Pressures India To Give Amazon, Walmart Full Market Access: Report
Amazon and Walmart operate in India through local units but face restrictions on holding inventory and directly selling to consumers.
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Stay Warm And Cosy All Winter Long: Explore How Electric Blankets Can Help You Sail Through The Winters
Winter nights just got a whole lot cosier. To get the best electric blankets for double beds features the top-rated options for warmth, comfort, and safety. From heated blankets with multiple settings to soft and fuzzy throws.
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Rev Up Your Ride: Explore Deals On Tyre Inflator And Vacuum Cleaner At Amazon
This is the perfect time to give your car a little extra love with incredible discounts on tyre inflators and vacuum cleaners. From compact portable tyre inflators to high-power vacuum cleaners, here's a look at the must-have deals.
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Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
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Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
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CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
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Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India
Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.
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What Is Temu? 5 Points On Chinese Discount Shopping App
The Chinese shopping app Temu has gained immense popularity worldwide, enticing customers with incredibly low prices for products shipped directly from China.
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Meesho Posts First-Ever Profit, Plans IPO in 12 to 18 Months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...
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Xiaomi Plans to Boost Smartphone Sale in India as Samsung Struggles
China's Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea's Samsung. 44 percent of India's smartphones sales are now online.
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Amazon Prime Day US Sales Rise by 6 Percent to $6.4 Billion From 2022 on First Day
Amazon's Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed.
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Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.
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ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
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ED Said to be Quizzing Apple, Xiaomi in E-Commerce Probe on Amazon, Flipkart
ED, which probes economic crimes, has been investigating Amazon and Flipkart for years for allegedly breaching laws by stocking and exerting control over goods they list online. The agency, in recent weeks wrote to smartphone companies, including Apple and Xiaomi, to get data related to their online sales.
-
Walmart-Backed Flipkart to Shift Base Back to India from Singapore
Flipkart will shift its holding company from Singapore to India as its parent Walmart aims to take the 17-year-old company public. Walmart is looking to list Flipkart and PhonePe in India over the next couple of years, Dan Bartlett, Walmart's executive vice president for corporate affairs, told Reuters last year.
-
US Pressures India To Give Amazon, Walmart Full Market Access: Report
Amazon and Walmart operate in India through local units but face restrictions on holding inventory and directly selling to consumers.
-
Stay Warm And Cosy All Winter Long: Explore How Electric Blankets Can Help You Sail Through The Winters
Winter nights just got a whole lot cosier. To get the best electric blankets for double beds features the top-rated options for warmth, comfort, and safety. From heated blankets with multiple settings to soft and fuzzy throws.
-
Rev Up Your Ride: Explore Deals On Tyre Inflator And Vacuum Cleaner At Amazon
This is the perfect time to give your car a little extra love with incredible discounts on tyre inflators and vacuum cleaners. From compact portable tyre inflators to high-power vacuum cleaners, here's a look at the must-have deals.
-
Online Sellers on Walmart's Flipkart Sue Competition Commission of India Over Antitrust Probe
Three of Flipkart sellers - CIGFIL Retail, Wishery Online, Xonique Ventures have sued the Competition Commission of India (CCI) over an investigation which found they, Flipkart and rival Amazon breached competition laws. Flipkart and the CCI did not immediately respond to a request for comment.
-
Samsung, Xiaomi Accused Of Collusion With Amazon, Flipkart: Report
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's Flipkart to exclusively launch products on the e-commerce firms' Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters.
-
CCI Accuses Samsung, Xiaomi of Colluding With Amazon and Flipkart
Samsung, Xiaomi and other smartphone manufacturers have been accused of colluding with Amazon and Walmart's Flipkart for exclusive product launches on their Indian e-commerce platforms, violating antitrust laws, as per regulatory reports from the Competition Commission of India. The involvement of smartphone manufacturers such as Samsung and Xiaomi...
-
Amazon, Flipkart Festival Season Spurs Online Shopping Spree in India
Run off their virtual feet at the start of India's festival season, e-commerce companies like Amazon and Walmart owned Flipkart are looking forward to a potentially record breaking few weeks. Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled.
-
What Is Temu? 5 Points On Chinese Discount Shopping App
The Chinese shopping app Temu has gained immense popularity worldwide, enticing customers with incredibly low prices for products shipped directly from China.
-
Meesho Posts First-Ever Profit, Plans IPO in 12 to 18 Months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. Meesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targeting smaller towns and cities...
-
Xiaomi Plans to Boost Smartphone Sale in India as Samsung Struggles
China's Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea's Samsung. 44 percent of India's smartphones sales are now online.
-
Amazon Prime Day US Sales Rise by 6 Percent to $6.4 Billion From 2022 on First Day
Amazon's Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a year ago on its first day, as heavy discounts lured bargain-hunting customers who splurged on appliances and toys, Adobe Analytics data on Wednesday showed.
-
Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.
-
ONDC Expands Its Operations to 236 Cities, Adds More Than 36,000 Merchants: CEO
The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior company official said on Thursday. The government launched the Open Network for Digital Commerce (ONDC) last year to give small businesses and retailers access to processes and technologie...
