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Government bans "dark patterns" on e-commerce platforms; notifies guidelines

Government bans "dark patterns" on e-commerce platforms; notifies guidelines

Sat, Dec 02, 2023

In order to protect consumers' interest, the government has banned use of "dark patterns" on e-commerce platforms which intend to deceive customers or manipulate their choices.

Over 80% Indian retailers do not see e-commerce as a threat: Report

Over 80% Indian retailers do not see e-commerce as a threat: Report

Thu, Nov 02, 2023

MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.

E-commerce firm Meolaa gets $2 million seed funding

E-commerce firm Meolaa gets $2 million seed funding

Tue, Oct 10, 2023

The company raised its pre-seed funding round of $165K in March 2022. This round of funding helped to kickstart Meolaa's growth and support its mission to create a community of conscious consumers and purpose-driven brands.

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Xiaomi Redmi 4 registers ‘record sales,’ says Amazon

Xiaomi Redmi 4 registers ‘record sales,’ says Amazon

Tue, May 23, 2017

The sale of Xiaomi Redmi 4 garnered record sales with Amazon.in on Tuesday. The e-commerce site said it had received 10 million hits per minute with 250,000 units being sold within the first 8 minutes of the sale.

Fashion and apparel: Are men shopping more than women online?

Fashion and apparel: Are men shopping more than women online?

Tue, May 23, 2017

Men have leaped from shopping for smartphones and consumer electronics online to footwear and apparel. Fashion heads at Amazon and Flipkart share views of consumer traffic on their sites with Zeebiz.

Fashion and apparel overtake gadgets and mobile phones as top categories on e-commerce sites in India

Fashion and apparel overtake gadgets and mobile phones as top categories on e-commerce sites in India

Mon, May 22, 2017

From books to smartphones to fashion products, Indians online shoppers are slowly changing trends. Sale of fashion apparel on e-commerce sites have rapidly improved Amazon and Flipkart fashion heads tell Zeebiz.

Alibaba's quarterly revenue beats estimates

Alibaba's quarterly revenue beats estimates

Thu, May 18, 2017

Alibaba`s total revenue rose about 60 percent to 38.58 billion yuan ($5.60 billion) in the quarter ended March 31, versus an average forecast of 36 billion yuan according to Thomson Reuters.

Paytm Payments Bank to begin operations from May 23

Paytm Payments Bank to begin operations from May 23

Wed, May 17, 2017

Paytm Payments Bank has received RBI approval to run its banking operations from May 23. The bank will be converting customers' e-wallets to bank accounts.

Amazon takes on Flipkart’s Big 10 sale with similar offers

Amazon takes on Flipkart’s Big 10 sale with similar offers

Tue, May 16, 2017

In the battle of e-commerce sites between Flipkart and Amazon the latter could be undermining the former’s sale. Zeebiz looked into the offers for various consumer electronics and appliances on both sites and found an uncanny similarity.

Flipkart Big 10 Sale: You can buy iPhone 7 for Rs 43,999

Flipkart Big 10 Sale: You can buy iPhone 7 for Rs 43,999

Mon, May 15, 2017

Soon after Amazon India concluded its four day ‘Great Indian Sale,’ on Sunday night; e-commerce major – Flipkart commenced its ‘Big 10’ sale. The sale was in honour of Flipkart who completed 10 years of operation and will offer deals from May 14 to May 18, the company said.

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Snapdeal Sale: E-Commerce company being sold at a 50% discount?

Fri, May 12, 2017

Flipkart has made an informal offer to buy rival Snapdeal for $1 billion in an all-stock deal.

Amazon's results beat estimates, lifted by cloud unit; shares hit high

Amazon's results beat estimates, lifted by cloud unit; shares hit high

Fri, Apr 28, 2017

The world`s largest online retailer said net income rose 41 percent to $724 million, or $1.48 per share, marking the eighth straight quarter that Amazon - known among investors for heavy spending and roller-coaster results - posted a net profit. Analysts on average were expecting $1.12 per share, according to Thomson Reuters I/B/E/S.

You can now buy gold on Paytm

You can now buy gold on Paytm

Thu, Apr 27, 2017

Paytm founder, Vijay Shekhar Sharma on Thursday announced the launch of Digital Gold - a wealth management product on its e-wallets platform.

Flipkart relaxes return policy to include refunds on these items

Flipkart relaxes return policy to include refunds on these items

Thu, Apr 27, 2017

E-commerce major, Flipkart on Wednesday modified its returns policy to include refunds on objects that were temporarily restricted from the site. Flipkart had mentioned that ‘All sales were final’ on its returns policy which no longer reflects on its website.

Warehouse executive gets to be day-long CEO at Flipkart

Warehouse executive gets to be day-long CEO at Flipkart

Wed, Apr 26, 2017

Thirty four-year old Padmini MP, a warehouse executive at Flipkart, today walked into office as the CEO of India's largest e-commerce company, Flipkart.

Flipkart begins Apple Days Sale; iPhone 7 256 GB for Rs 60,000

Flipkart begins Apple Days Sale; iPhone 7 256 GB for Rs 60,000

Tue, Apr 25, 2017

E-commerce major, Flipkart has announced its Apple Days Sale which began on April 24 and will continue till April 26 or till stock lasts. Apple iPhone 7 256GB variant is being sold at a discount of up to Rs 20,001 in the silver, black, jet black, gold and rose gold variant.

Once fuelled by it, can India's e-commerce boom continue to rely on mobile phones?

Once fuelled by it, can India's e-commerce boom continue to rely on mobile phones?

Mon, Apr 24, 2017

Still a feature phone market, more than six out of 10 mobile phones to be sold in India in the coming few years are likely to be smartphones. Will the e-commerce boom be able to suffice on smartphone sales alone?

EBay's second-quarter profit forecast falls short of estimates

EBay's second-quarter profit forecast falls short of estimates

Thu, Apr 20, 2017

EBay Inc on Wednesday forecast second-quarter profit that fell short of analysts` estimates, as it spends heavily on revamping and marketing its e-commerce platform amid stiff competition from much larger rival Amazon.com Inc .

E-commerce definition too wide in GST dispensation: Assocham

E-commerce definition too wide in GST dispensation: Assocham

Sun, Apr 16, 2017

It has also sought clarity on treatment of goods and services under GST for exports, gems and jewellery, MSME sector, banking and telecom.

India Inc's March M&A deal tally jumps 4-fold to $ 28 billion

India Inc's March M&A deal tally jumps 4-fold to $ 28 billion

Thu, Apr 13, 2017

India Inc's M&A deal tally in March rose four-fold to $ 27.82 billion, led by the Vodafone-Idea merger, taking the overall figure to $ 31.54 billion in the first quarter of 2017, says a report.

StayZilla co-founder Vasupal granted bail but on one condition

StayZilla co-founder Vasupal granted bail but on one condition

Tue, Apr 11, 2017

C S Aditya of Jigsaw Advertising and Solutions had filed complaint for offences including criminal breach of trust, intimidation and cheating against Vasupal.

Flipkart Vs Amazon: What's in cart for discount-seekers?

Flipkart Vs Amazon: What's in cart for discount-seekers?

Tue, Apr 11, 2017

The sale of eBay's India business to Flipkart means further consolidation in the e-commerce market and the growing dominance of the No 1 e-commerce company in India.

Snapdeal employees may get salary increments of over 20% this year

Snapdeal employees may get salary increments of over 20% this year

Mon, Apr 10, 2017

What is bigger news for Snapdeal employees is that the letter mentioned that the overall increments this year will be higher than those offered last year.

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