As reported earlier, Myntra is shutting down its website and going app only. The fashion and lifestyle portal is shifting to an app only model from May 15th.
Continue reading “Myntra to finally go app only from May 15th, will shut down desktop website”
Customers will not be able to shop from Myntra’s website as the fashion portal is shutting down its website on May 1st, as per a report from The Economic Times. Myntra will now be a mobile app retailer and allow purchase only from its dedicated mobile app.
Continue reading “Myntra to shut down website from May 1st, only app purchase available”
Snapdeal is looking forward to buy online mobile recharge platform Freecharge, according to a report from The Economic Times. The deal is expected to be sealed at Rs 2,800 Cr ($450M).
Continue reading “Snapdeal eyeing Freecharge acquisition for Rs 2,800 Cr”
Flipkart just keeps getting bigger and bigger. The homegrown e-commerce player is looking forward to raise another huge round of funding, as per a report from The Economic Times.
Continue reading “Flipkart reportedly in talks to raise $1.7 billion funding in coming months”
Flipkart is working on a new delivery model where the e-tailer may deliver products in about three hours, according to a new report from The Economic Times.
Continue reading “Flipkart to deliver products in just three hours?”
Flipkart has secured a fresh round of funding following a report last week. The homegrown e-commerce giant has received $180 million from Hong Kong-based investment firm Steadview Capital, as per a report from The Economic Times.
Flipkart has announced that it is expanding its leadership team with two new appointments. The homegrown e-commerce player has appointed Rishi Vasudev, as the new Vice President — Fashion (Retail) and Parameswaran Balakrishnan as Vice President — HR for supply chain.
Continue reading “Flipkart expands leadership team, makes two new appointments”
Snapdeal has raised a whopping $627 mn in funding from Japan SoftBank. The news follows a report that came in two weeks back. Snapdeal plans to use this capital to ramp up technology and supply chain management.
Continue reading “Snapdeal secures $627 mn in funding from SoftBank”
Snapdeal is close to raising funding worth $600-$650mn, as per a latest report from Reuters. The funding will be led by existing investor Japan’s SoftBank Corp to expand Snapdeal’s operations.
Continue reading “Snapdeal reportedly set to raise $600-$650mn in funding”
Amazon is in initial stage of talks to buy fashion and lifestyle portal Jabong, according to a report from the Economic Times (ET). The US based online retail giant is eyeing the acquisition to enhance its fashion offerings, as per four source of ET.
Continue reading “Amazon reportedly eyeing Jabong acquisition”
Amazon India has introduced ‘Pay With Amazon’ service in the country. The service is aimed at simplifying online payments as it allows users to pay using payment methods stored in their Amazon account.
Continue reading “Amazon India unveils ‘Pay With Amazon’ Processing service”
Flipkart has shut down its payment gateaway service PayZippy and made a strategic investment in mobile payment company Ngpay. The e-commerce giant had launched PayZippy in December last year where e-commerce merchants can accept payments from all credit and debit cards as well as use 53 net banking options.
Continue reading “Flipkart pulls plug on PayZippy, invests in Ngpay”
Homeshop 18 has teamed up with Paytm to integrate its wallet for online shopping. The integration will allow customers with an alternate payment option.
Continue reading “Homeshop 18 integrates Paytm wallet for online shopping”
Last month Twitter was testing a “Buy Now” button that will enable users to buy things directly from the platform. Now a report from Re/Code is stating that the Twitter will roll out this initiative later this year.
Continue reading “Twitter to roll out ‘Buy Now’ button via payment start-up Stripe later this year”
Soon after Flipkart announced that it has secured $1 billion in latest funding, Amazon has revealed that it is investing $2 billion in India. The e-commerce firm stated that the funds would be used to support its rapid growth and continue to enhance the customer and seller experience in India.
Continue reading “Amazon announces $2 billion investment in India”
