Flipkart: News | Page 19
01 Aug 2017
TencenteBay closes sale of India arm to Flipkart
Four months after announcement of the sale, Flipkart has closed the acquisition of eBay's India arm.
01 Aug 2017
Binny BansalFlipkart launches budget brand 'Billion' for desi sellers and customers
Flipkart has launched 'Billion'- a 'Make-in-India'-inspired initiative that will partner with Indian sellers to cater to Indian customers.
31 Jul 2017
SnapdealSnapdeal calls off merger talks with Flipkart
Six months after intense negotiations, Snapdeal has called-off talks with Flipkart regarding a potential merger.
27 Jul 2017
SnapdealAxis Bank acquires FreeCharge for Rs. 385crore in cash deal
Axis Bank reported that they have acquired FreeCharge, owned by ecommerce platform Snapdeal, for Rs. 385 crore in an all-cash deal.
26 Jul 2017
SnapdealReport: Snapdeal board accepts $900-950 million revised offer from Flipkart
After months of suspense and speculations, the future of Snapdeal has finally been decided. According to Reuters, the Snapdeal board has accepted the revised offer of $900-950 million by Flipkart.
18 Jul 2017
SnapdealFlipkart makes offer of $850 million for Snapdeal, plot thickens!
Post rejection of its earlier bid of $500-600 million, Flipkart has now made its second bid for e-commerce firm Snapdeal at $850-900 million, according to reports.
14 Jul 2017
IndiaAsus launches ZenFone AR at Rs. 49,999, a Flipkart exclusive
Taiwanese tech giant Asus has introduced its flagship ZenFone AR in India at Rs. 49,999.
11 Jul 2017
TencentFlipkart may see the return of Bansals at the helm
Rumors are afloat that with the proposed deal with SoftBank Group Corp, Flipkart will see the return of Sachin and Binny Bansal, co-founders of the company, to their former glory.
10 Jul 2017
IndiaFlying cars feature in hackathon to solve Bengaluru's traffic problem
It's raining ideas at Gridlock Hackathon, a contest kickstarted by Flipkart that aims to address the traffic woes of India's IT capital, Bengaluru.
07 Jul 2017
AmazonAmazon ups Indian investment, Flipkart is bidding its time
Amazon CEO Jeff Bezos, making good on his promise, has now allotted Rs. 341 crore for Amazon Wholesale India i.e. the wholesale B2B arm of its Indian operations and Rs. 1,680 crore to its Indian online wing.
05 Jul 2017
SnapdealSnapdeal says no to Flipkart's offer, haggles over valuation
Indian television serials are infamous for stretching out episodes. However, they'll still come second to the drama that is being played out at Snapdeal.
05 Jul 2017
IndiaIndian start-ups need to find the route towards profit soon
The honeymoon period is slowly coming to an end for Indian Internet firms.
23 Jun 2017
SnapdealSnapdeal-Flipkart merger comes to a halt as Azim Premji objects
According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.
09 Jun 2017
AmazonGST roll-out fear triggers massive online 'sale' by Flipkart, Amazon
Sellers on e-commerce sites like Amazon and Flipkart are offering huge discounts ahead of the Goods and Services Tax (GST) roll-out on 1 July.
09 Jun 2017
IndiaFlipkart eyes new avenues, entry in Fintech, more tech hires
India's home-grown e-commerce platform Flipkart is looking forward to taking the next big leap; the firm is poised to include new categories such as furniture and groceries in its foray.
01 Jun 2017
IndiaHomemakers generated Rs. 54,000cr in sales via social media platforms
Whenever we think about e-commerce, it's usually enterprises like Flipkart, Amazon and how they are changing the consumption pattern in India.
19 May 2017
IndiaWhere do Indians want to work?
India's working class is going a little bit out of the trodden path and opting for companies that didn't even exist ten years ago.
19 May 2017
Indian StartupsNestAway eyes fresh funding, public listing after profitability
Bengaluru-based rental start-up NestAway, which caters to tenants, mainly from the 22-30 age-category, is now planning to raise around $40 million funding.
11 May 2017
SnapdealSnapdeal founders and Nexus agree, Flipkart to buy Snapdeal
According to ET Now, Nexus and the founders of Indian online marketplace Snapdeal have reached an agreement with SoftBank Group over the much anticipated sale of Snapdeal to its larger Indian rival Flipkart.
03 May 2017
SnapdealSnapdeal initiates payments of laid-off employees
Two months after layoffs at Snapdeal, the company has begun initiating due payments of the 1,000-1,500 affected employees; severance packages reportedly range between 2-4 months of salaries.
03 May 2017
SnapdealFlipkart's acquisition brings along mixed fortunes for Indian e-commerce space
Consolidation in e-commerce might bode well for giants but now things get divided into a series of pros and cons for the consumers when the options start to thin out.
29 Apr 2017
IndiaAmazon will not slow its investment pace in India
A $481m loss might deter others, but to Amazon CEO Jeff Bezos it is just another hurdle Amazon has to overcome in order to finally triumph.
27 Apr 2017
IndiaFlipkart outpaces Amazon in volume of sales
Flipkart is defeating Amazon in terms of value of goods sold, even as the American company continues to sell as many items as the Indian retailer.
25 Apr 2017
WorkplaceGet rid of bosses to create an equal working environment
A new kind of organizational structure, dubbed Decentralized Autonomous Organization, aims to revolutionize the way companies work.
25 Apr 2017
SnapdealCash-strapped Snapdeal vacates 60% of Gurgaon office space
In yet another sign of a severe cash-crunch, Snapdeal is vacating 60% of its Gurgaon office-space after mass layoffs in February.
25 Apr 2017
IndiaFlipkart to replace CEO for a day
Flipkart is planning to replace its CEO for one day, to give an employee the opportunity to see how it feels to run the company. It is a part of the company's 10th anniversary celebration.
25 Apr 2017
iPhoneFlipkart offers massive discounts on Apple Days Sale
Flipkart is offering massive discounts on Apple products as the Apple Days sale has begun.
16 Apr 2017
IndiaDelivery boy to multi-millionaire: Iyyappa recalls his Flipkart Journey
Flipkart employee Ambur Iyyappa's story is a fascinating one. Starting his career as a courier delivery boy and then moving to Flipkart, Iyyappa grew along with Flipkart, becoming a multi-millionaire.
10 Apr 2017
TencentFlipkart raises investments from Tencent, Microsoft; buys eBay.in
Flipkart has raised investments worth $1.4bn from Tencent, eBay and Microsoft, at a post-transaction valuation of $11.6bn.
10 Apr 2017
IndiaFlipkart to re-enter the grocery sector
After months of deliberation, Flipkart announced its second foray into the grocery sector which makes up "80% of the units bought in India".
06 Apr 2017
SnapdealFlipkart's mergers if okayed, starts the proper e-commerce war
The market is currently ripe with rumours regarding two major Flipkart mergers - one with eBay and another with Snapdeal.
23 Mar 2017
Alibaba GroupWill Indian e-commerce giants show profit anytime soon?
Currently, there are three major players in the Indian ecommerce space - Flipkart, Paytm and Snapdeal.
21 Mar 2017
TencentFlipkart secures $1 billion in funding, eyes $1 billion more
Flipkart manages to secure $1billion in funding in a bid to stay ahead of the competition.
21 Mar 2017
IndiaFlipkart raises $1bn in fresh funding, eyes another $1bn
Flipkart has raised funds of $1bn, and is planning to raise another $1bn in the next few months.
13 Mar 2017
IndiaFacebook and Flipkart to work together
Flipkart and Facebook are teaming up in an effort to improve connectivity for their apps and websites for users on slower networks and older handsets.
26 Feb 2017
IndiaNew CFO-backed Flipkart returns to the game
India's largest online retailer Flipkart is looking at a fundraising of as much as $1.5 billion from investors including Microsoft, eBay, PayPal among others at a valuation of $10-12 billion.
22 Feb 2017
IndiaFlipkart looking to raise $1.5 billion from Microsoft
E-commerce giant Flipkart is amidst talks in order to raise a funding round of up to $1.5 billion from investors including Microsoft, eBay, PayPal Holdings and Tencent Holdings.
20 Feb 2017
IndiaFlipkart signs on Microsoft cloud service
India's largest e-commerce firm Flipkart, has signed up to use Microsoft's Azure cloud service platform.
17 Feb 2017
Tata Consultancy Services (TCS)E-commerce sellers will pay 2% tax at source in GST
E-commerce giants like Amazon, Flipkart and Snapdeal are trying to convince the government to scrap from the final Goods and Services Tax draft, the 2% tax that e-commerce marketplaces collect from sellers on their platform.
16 Feb 2017
IndiaFlipkart sales exceeded Amazon's in December, January
In December 2016 and January 2017, Flipkart Internet Pvt. Ltd's gross sales were more than Rs. 2,600 crore.