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In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
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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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CCI Seeks Supreme Court Hearing to Expedite Amazon, Flipkart Cases
The Competition Commission of India asked the court to hear 23 challenges, filed by Samsung, Vivo, and several vendors on the Amazon and Flipkart platforms, to enable the case to be decided quickly.
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Food And Non-Food Items Must Be Delivered Separately: Food Authority's Latest Advisory
The FSSAI (Food Safety and Standards Authority of India) recently issued a detailed advisory for eCommerce Food Business Operators. Here's what you should know.
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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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Adani Total Gas To Aid Flipkart Decarbonise Its Supply Chain
Adani Total Gas Ltd (ATGL) and Flipkart today announced the signing of a memorandum of understanding (MoU) for India's leading energy and city gas distribution company to work with the homegrown ecommerce marketplace.
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Flipkart Teams with Polygon to Scale Web3 Loyalty Programme FireDrops
Flipkart is set to ramp up its Web3 loyalty programme, FireDrops, in its attempt to test deeper waters of the NFT world. To do so, the ecommerce giant has joined forces with the Polygon blockchain. Arun Phillips, the Chief Marketing Officer at Polygon, announced this development during the Polygon Connect India event this week.
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Government Bans Use of 'Dark Patterns' on E-Commerce Platforms; Guidelines Issued
The government has banned the use of "dark patterns" on e-commerce platforms and a gazette notification was issued on November 30 by the Central Consumer Protection Authority (CCPA). The rules are applicable to all platforms offering goods and services in India related to online commerce, and will also apply to advertisers and sellers. Dark patters...
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Flipkart Big Billion Days Sale 2023: Mobile Deals Revealed; Discounts on Galaxy F13, Poco M5, Pixel 7 and More
Flipkart Big Billion Days sale 2023 is yet to begin but the e-commerce platform has already listed some smartphones such as the Nothing Phone 1, Samsung Galaxy F13, Poco M5 and Google's Pixel 7 at discounted prices ahead of the upcoming sale event. Here are some of the best deals on the smartphones listed on Flipkart before the Big Billion Days sal...
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Amazon Great Freedom Festival 2023 Sale Day 1: Here Are the Top Deals on Gaming Laptops
Amazon Great Freedom Festival 2023 sale is live on the ecommerce platform, with impressive deals, discounts, and offers on gaming laptops. If you're in the market for a new gaming laptop, you can consider models from Asus (ROG), Lenovo, HP, and Acer which are on sale at discounted prices during the sale.
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Amazon Great Summer Sale May 2023: How to Find the Best Deals, Discounts and Offers
Amazon Great Summer Sale May 2023 begins on May 4 and the ecommerce giant is set to offer deals, discounts, and offers on a variety of products during the upcoming sale. Customers can avail of additional discounts using eligible bank cards during the sale.
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Delhi LG Permits 55 More E-Commerce, Retail Outlets to Operate Round-the-Clock
Delhi LG VK Saxena on Monday approved a proposal to allow 55 more e-commerce and retail outlets to operate round-the-clock in the national capital. The approval from the Delhi LG comes months after he gave a nod to over 300 establishments to operate around the clock.
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Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
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Tecno Pop 6 Pro With 5,000mAh Battery, 6.56-Inch Display to Launch in India Soon: All Details
Tecno Pop 5 Pro was launched in India in January. Now, the company has announced that it will soon launch the Tecno Pop 6 Pro in India. Tecno said that the upcoming handset will be sold via Amazon. A dedicated landing page for the phone, which reveals some of its specifications, has also gone live on the ecommerce platform.
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Delivery Firms Step Up Hiring of Gig Workers Ahead of Crucial Festival Season
Delivery firms like BigBasket have stepped up their hiring ahead of the crucial upcoming shopping season that is set to arrive with the festivals next month. Companies have attempted to hire more gig workers, for deliveries, even as the demand for these workers has seen a sharp increase. Firms like Dunzo and BigBasket hire their own workers for del...
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In A First, Flipkart Secures Approval For Direct Lending In India: Report
Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it to offer loans directly to customers and sellers on its platform, according to documents reviewed by Reuters and a source.
-
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.
-
CCI Seeks Supreme Court Hearing to Expedite Amazon, Flipkart Cases
The Competition Commission of India asked the court to hear 23 challenges, filed by Samsung, Vivo, and several vendors on the Amazon and Flipkart platforms, to enable the case to be decided quickly.
-
Food And Non-Food Items Must Be Delivered Separately: Food Authority's Latest Advisory
The FSSAI (Food Safety and Standards Authority of India) recently issued a detailed advisory for eCommerce Food Business Operators. Here's what you should know.
-
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.
-
Adani Total Gas To Aid Flipkart Decarbonise Its Supply Chain
Adani Total Gas Ltd (ATGL) and Flipkart today announced the signing of a memorandum of understanding (MoU) for India's leading energy and city gas distribution company to work with the homegrown ecommerce marketplace.
-
Flipkart Teams with Polygon to Scale Web3 Loyalty Programme FireDrops
Flipkart is set to ramp up its Web3 loyalty programme, FireDrops, in its attempt to test deeper waters of the NFT world. To do so, the ecommerce giant has joined forces with the Polygon blockchain. Arun Phillips, the Chief Marketing Officer at Polygon, announced this development during the Polygon Connect India event this week.
-
Government Bans Use of 'Dark Patterns' on E-Commerce Platforms; Guidelines Issued
The government has banned the use of "dark patterns" on e-commerce platforms and a gazette notification was issued on November 30 by the Central Consumer Protection Authority (CCPA). The rules are applicable to all platforms offering goods and services in India related to online commerce, and will also apply to advertisers and sellers. Dark patters...
-
Flipkart Big Billion Days Sale 2023: Mobile Deals Revealed; Discounts on Galaxy F13, Poco M5, Pixel 7 and More
Flipkart Big Billion Days sale 2023 is yet to begin but the e-commerce platform has already listed some smartphones such as the Nothing Phone 1, Samsung Galaxy F13, Poco M5 and Google's Pixel 7 at discounted prices ahead of the upcoming sale event. Here are some of the best deals on the smartphones listed on Flipkart before the Big Billion Days sal...
-
Amazon Great Freedom Festival 2023 Sale Day 1: Here Are the Top Deals on Gaming Laptops
Amazon Great Freedom Festival 2023 sale is live on the ecommerce platform, with impressive deals, discounts, and offers on gaming laptops. If you're in the market for a new gaming laptop, you can consider models from Asus (ROG), Lenovo, HP, and Acer which are on sale at discounted prices during the sale.
-
Amazon Great Summer Sale May 2023: How to Find the Best Deals, Discounts and Offers
Amazon Great Summer Sale May 2023 begins on May 4 and the ecommerce giant is set to offer deals, discounts, and offers on a variety of products during the upcoming sale. Customers can avail of additional discounts using eligible bank cards during the sale.
-
Delhi LG Permits 55 More E-Commerce, Retail Outlets to Operate Round-the-Clock
Delhi LG VK Saxena on Monday approved a proposal to allow 55 more e-commerce and retail outlets to operate round-the-clock in the national capital. The approval from the Delhi LG comes months after he gave a nod to over 300 establishments to operate around the clock.
-
Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
-
Tecno Pop 6 Pro With 5,000mAh Battery, 6.56-Inch Display to Launch in India Soon: All Details
Tecno Pop 5 Pro was launched in India in January. Now, the company has announced that it will soon launch the Tecno Pop 6 Pro in India. Tecno said that the upcoming handset will be sold via Amazon. A dedicated landing page for the phone, which reveals some of its specifications, has also gone live on the ecommerce platform.
-
Delivery Firms Step Up Hiring of Gig Workers Ahead of Crucial Festival Season
Delivery firms like BigBasket have stepped up their hiring ahead of the crucial upcoming shopping season that is set to arrive with the festivals next month. Companies have attempted to hire more gig workers, for deliveries, even as the demand for these workers has seen a sharp increase. Firms like Dunzo and BigBasket hire their own workers for del...
