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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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ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
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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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Poco Pad Teased to Launch in India Soon; Flipkart Availability Confirmed
Poco Pad was introduced globally in May this year. Now the company is gearing up to launch the tablet in India. A promotional banner on an e-commerce site has teased the upcoming launch but Poco has yet to confirm the timeline. The Indian version is expected to be similar to its global counterpart.
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Indkal Technologies Signs Licensing Deal to Launch Acer Smartphones in India Under Rs. 50000
Indkal Technologies, a Bengaluru-based startup, has signed a licensing agreement to launch Acer-branded smartphones in India, it announced on Thursday. The Taiwanese consumer electronics company is said to be entering the Indian smartphone market again, years after its smartphone business shut shop.
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Tecno Spark 20 Pro 5G India Launch Date Set for July 9; Design, Key Features Revealed
Tecno Spark 20 Pro Tecno Spark 20 Pro 5G was introduced in select global markets in June this year. Tecno has announced the India launch date of the phone. The company has also revealed some of the key features alongside the design of the Indian variant of the model. A live microsite on an e-commerce website has also confirmed the availability deta...
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Amazon Great Indian Festival Finale Days: Discounts Available on OnePlus Nord CE 3, OnePlus Open and More
The Amazon Great Indian Festival will end tomorrow, November 10. The e-commerce site has been offering a wide range of items at significantly discounted prices on multiple products throughout the sale. With just one day of the sale remaining, the following are some of the best OnePlus smartphones you can grab at lower prices than their usual prices...
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Amazon Great Indian Festival Sale 2023: Best Deals on Smart TVs Under Rs. 20,000
Amazon Great Indian Festival 2023 sale is live on the e-commerce platform and you can already avail of deals, discounts and offers during the upcoming sale event. The company is also offering an additional 10 percent instant discount on products purchased using SBI bank cards, during the Great Indian Festival sale.
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Flipkart Big Billion Days Sale: Here Are All Redmi Phone Deals You Should Know
Flipkart and Amazon, two of the biggest e-commerce sites in India, are ready to start with the biggest sales of the year. The Flipkart Big Billion Days Sale and the Amazon Great Indian Festival, starting on October 8, will offer discounts on a wide range of items, including smartphones. Flipkart has revealed some deals that will be offered on a few...
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Amazon Great Indian Festival 2023: Smart TV Deals Live Ahead of Sale
Amazon Great Indian Festival 2023 will begin on October 8 and ahead of it, the e-commerce company has made a few deals live. Smart TVs from top brands including Samsung, OnePlus, Sony, LG, and Xiaomi with OLED and QLED, and 4K displays are listed with up to 60 percent on Amazon right now.
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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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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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Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
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Amazon Partners With Indian Government to Promote State Content
Amazon.com is partnering with India’s federal government to stream movies and TV shows from state-run studios as well as provide internships to students from government film institutes in a key market for the US e-commerce giant. India’s broadcasting ministry and Amazon signed an agreement on Wednesday, the company said in a statement.
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ONDC, Amazon’s SmartCommerce Services to Empower India’s Small Retailers, Buyers
Amazon’s SmartCommerce services will soon be integrated with India’s Open Network for Digital Commerce (ONDC) organisation to digitise micro, small, and medium businesses in the country. The e-commerce giant will also provide its logistics service to small and medium business owners who aim to expand the sale of their products around the world.
-
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.
-
ED Said to Summon Amazon, Flipkart Executives as Regulatory Scrutiny Grows
The planned action signals growing regulatory scrutiny of Walmart-owned Flipkart and Amazon when their sales are rapidly growing in India's $70 billion (roughly Rs. 5,93,614 crore) e-commerce market. An Indian antitrust investigation also found the two companies breached laws by favouring select sellers,
-
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.
-
Poco Pad Teased to Launch in India Soon; Flipkart Availability Confirmed
Poco Pad was introduced globally in May this year. Now the company is gearing up to launch the tablet in India. A promotional banner on an e-commerce site has teased the upcoming launch but Poco has yet to confirm the timeline. The Indian version is expected to be similar to its global counterpart.
-
Indkal Technologies Signs Licensing Deal to Launch Acer Smartphones in India Under Rs. 50000
Indkal Technologies, a Bengaluru-based startup, has signed a licensing agreement to launch Acer-branded smartphones in India, it announced on Thursday. The Taiwanese consumer electronics company is said to be entering the Indian smartphone market again, years after its smartphone business shut shop.
-
Tecno Spark 20 Pro 5G India Launch Date Set for July 9; Design, Key Features Revealed
Tecno Spark 20 Pro Tecno Spark 20 Pro 5G was introduced in select global markets in June this year. Tecno has announced the India launch date of the phone. The company has also revealed some of the key features alongside the design of the Indian variant of the model. A live microsite on an e-commerce website has also confirmed the availability deta...
-
Amazon Great Indian Festival Finale Days: Discounts Available on OnePlus Nord CE 3, OnePlus Open and More
The Amazon Great Indian Festival will end tomorrow, November 10. The e-commerce site has been offering a wide range of items at significantly discounted prices on multiple products throughout the sale. With just one day of the sale remaining, the following are some of the best OnePlus smartphones you can grab at lower prices than their usual prices...
-
Amazon Great Indian Festival Sale 2023: Best Deals on Smart TVs Under Rs. 20,000
Amazon Great Indian Festival 2023 sale is live on the e-commerce platform and you can already avail of deals, discounts and offers during the upcoming sale event. The company is also offering an additional 10 percent instant discount on products purchased using SBI bank cards, during the Great Indian Festival sale.
-
Flipkart Big Billion Days Sale: Here Are All Redmi Phone Deals You Should Know
Flipkart and Amazon, two of the biggest e-commerce sites in India, are ready to start with the biggest sales of the year. The Flipkart Big Billion Days Sale and the Amazon Great Indian Festival, starting on October 8, will offer discounts on a wide range of items, including smartphones. Flipkart has revealed some deals that will be offered on a few...
-
Amazon Great Indian Festival 2023: Smart TV Deals Live Ahead of Sale
Amazon Great Indian Festival 2023 will begin on October 8 and ahead of it, the e-commerce company has made a few deals live. Smart TVs from top brands including Samsung, OnePlus, Sony, LG, and Xiaomi with OLED and QLED, and 4K displays are listed with up to 60 percent on Amazon right now.
-
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...
-
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...
-
Indian Clothing And Fashion Start-Up Meesho Lays Off 15% Of Its Employees
E-commerce firm Meesho has laid off 251 employees constituting 15 per cent of its workforce to cut costs and as part of its efforts to achieve profitability, a top company official said on Friday.
-
Amazon Partners With Indian Government to Promote State Content
Amazon.com is partnering with India’s federal government to stream movies and TV shows from state-run studios as well as provide internships to students from government film institutes in a key market for the US e-commerce giant. India’s broadcasting ministry and Amazon signed an agreement on Wednesday, the company said in a statement.
-
ONDC, Amazon’s SmartCommerce Services to Empower India’s Small Retailers, Buyers
Amazon’s SmartCommerce services will soon be integrated with India’s Open Network for Digital Commerce (ONDC) organisation to digitise micro, small, and medium businesses in the country. The e-commerce giant will also provide its logistics service to small and medium business owners who aim to expand the sale of their products around the world.
