Online Shopping

  • Flipkart raises $1 billion funding, highest-ever in Indian e-commerce industry 3 hours 16 minutes ago

    New Delhi: Indian e-commerce marketplace Flipkart has raised $1 billion (about Rs 6,013 crore) in one of the largest funding rounds for any e-commerce company globally - and the single largest round by an internet company from India. Co-led by existing investors Tiger Global Management and Naspers, the funds will...
  • Amazon India to open 5 new centres for faster delivery 7 hours 37 minutes ago

    New Delhi: Global e-commerce giant Amazon will open 5 new centres across India to ensure faster product delivery in the fiercely competitive online shopping space, which is dominated by homegrown players like Flipkart and Snapdeal. The US-based firm already has two fulfilment centres (FCs) in Mumbai and Bangalore. With the addition...
  • Facebook tests 'Buy' button to help advertisers boost sales July 18, 2014

    New York: Facebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network. The company said in a statement Thursday that the button will let people buy products directly from businesses without leaving Facebook. A "Buy" button appears at...
  • Visa launches new Visa Checkout service to make online payments simpler July 17, 2014

    New York: Payment processor Visa is launching a new service called Visa Checkout that eliminates a few steps in online payment. The company and its retailing partners, including Neiman Marcus, Pizza Hut, Staples and others, hope a quicker payout will lead to fewer abandoned shopping carts online. As more customers shop...
  • Amazon brings #AmazonCart to India July 16, 2014

    New Delhi: Amazon.in announced the launch of its #AmazonCart service in India, using which customers can add products that they discover on Twitter to their shopping carts. Customers who have connected their Amazon and Twitter accounts can add items to their carts just by tweeting the link of an Amazon.in product...
  • Asus cautions customers about online purchases June 27, 2014

    New Delhi: After Lenovo and Gionee, another tech giant Asus has advised its customers to be cautious while purchasing devices from e-commerce platforms and online shopping sites. The Taiwanese firm has also advised its users to check pre- and post-sales terms as well as the authenticity of the product while buying...
  • Flipkart to hire 12,000 people this year, aims to beef up its support and technology operations June 22, 2014

    New Delhi: Flipkart will hire 12,000 people this year to beef up its support and technology operations as the homegrown firm witnesses strong surge in online shopping in the country. The online marketplace giant has already chalked out an ambitious plan to expand its reach across India, the world's third...
  • Flipkart tying up with manufacturing clusters to bring more sellers on-board June 21, 2014

    Coimbatore: Flipkart, the largest e-commerce marketplace in India, said it is holding talks to tie-up with manufacturing clusters such as Tirupur and Ludhiana as part of bringing more sellers on-board to meet the strong growth in demand. "We are targeting manufacturing clusters and would sign up partnerships with Surat, Agra and...
  • Is e-commerce the new cool? Here's why young entrepreneurs are more interested in online business June 17, 2014

    New Delhi: Gone are the days when Facebook was used merely as a tool to share personal details with people. Along with Instagram and other such media, Facebook is becoming a lucrative and cheap ground for advertising for young entrepreneurs. The online platform has attracted young entrepreneurs mainly between 19...
  • China's Alibaba to launch its first US shopping website: Reports June 11, 2014

    Bangalore: Chinese e-commerce company Alibaba Group Holding Ltd is launching its first US direct-to-consumer online shop on Wednesday, the Financial Times and other media reported. The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle...
  • Amazon plans to launch local services marketplace this year: Sources June 11, 2014

    San Francisco: Amazon.com Inc later this year plans to launch a marketplace for local services, a broad term that encompasses anything from babysitters to handymen to birthday clowns, beginning with a single market, several people familiar with the matter said. Amazon aims to gauge demand and test logistics before rolling out...
  • Flipkart First: Flipkart's paid subscription service goes live at Rs 500 a year; benefits include free shipping, free in-a-day delivery June 11, 2014

    New Delhi: Online retailing giant Flipkart is going live with its recently announced paid subscription service, Flipkart First, starting Wednesday. For an annual membership of Rs 500, Flipkart customers can avail a bunch of exclusive benefits and priority service features including free shipping for all orders, free in-a-day guarantee delivery,...
  • India likely to announce foreign investment in e-commerce next month: Sources June 4, 2014

    New Delhi: Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, four people with knowledge of the matter told Reuters. A more robust online retail sector will...
  • Flipkart wants to be like China's Alibaba June 4, 2014

    New Delhi: India's online retailers are bulking up on acquisitions and funding as they battle the world's biggest Internet shopping giant, Amazon, for supremacy in the hyper-competitive domestic market. Late last month, Flipkart, India's largest e-shopping portal, announced the takeover of rival Myntra in a deal analysts estimated at $330 million...
  • Flipkart buys online fashion retailer Myntra May 22, 2014

    New Delhi: In what is the biggest consolidation in India's e-commerce sector, homegrown e-retailer Flipkart is buying Bangalore-based online fashion store Myntra. "It's a 100 percent acquisition and going forward we have big plans in this segment," said Sachin Bansal, co-founder of Bangalore-based Flipkart. Flipkart said it would invest $100...
  • Flipkart to acquire a majority stake in Myntra; announcement likely on May 22 May 21, 2014

    New Delhi: Homegrown e-retailer Flipkart is likely to acquire a majority stake in online fashion retailer Myntra in what could be the biggest consolidation in India's e-commerce sector. According to sources, the deal could be worth about Rs 2,000 crore. The figure could not be independently verified. The transaction is...
  • Flipkart First: Flipkart announces paid subscription service; benefits include free shipping, free in-a-day delivery May 8, 2014

    New Delhi: Online retailing giant Flipkart has launched an annual membership fee-based service for its customers. Flipkart First is aimed at rewarding registered shoppers, which the company claims are about 18 million for the portal, as well as getting new ones on board. With the $3...
  • Amazon wants to make online shopping as easy as a tweet May 6, 2014

    New York: Online retailer Amazon is introducing a service that lets Twitter users add Amazon.com products to their carts without leaving the social media site. The service comes as Amazon seeks to make social media a bigger source for sales. Twitter also has been seeking new revenue streams beyond advertising services...
  • Snapdeal's 50 per cent sales come via apps, mobile website May 2, 2014

    New Delhi: Domestic e-commerce major Snapdeal now gets about 50 per cent of its sales through its mobile platform as an increasing number of shoppers place orders using their smartphones. The New Delhi-based firm has seen a 25-fold growth in mobile-based transactions from a year ago. "With increasing consumption of data on...
  • Chinese e-commerce giant Alibaba expected to file for US IPO next week April 16, 2014

    San Francisco: Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering. Alibaba is expected to file prospectus for the share sale as early...
  • Amazon launches Amazon Dash, a device to help order groceries, household items April 5, 2014

    Amazon.com launched a new product named Amazon Dash on Friday that allows the user to add groceries and household goods to their shopping lists using the company's AmazonFresh service. A black-and-white hand-held wand-shaped remote-control features a microphone, speaker as well as a bar-code reader and links directly to the user's AmazonFresh...
  • 50 per cent of consumers in Delhi-NCR search online but buy offline January 19, 2014

    New Delhi: Around 50 per cent of the consumers in Delhi-NCR region use e-commerce websites as a medium of information and product search before buying them offline, says a Zinnov study. According to the study, the tendency of searching online and buying offline is higher among urban respondents as 64...
  • India's e-commerce market rose 88 per cent in 2013: Survey December 30, 2013

    New Delhi: India's e-commerce market grew at a staggering 88 per cent in 2013 to USD 16 billion, riding on booming online retail trends and defying slower economic growth and spiralling inflation, according to a survey by industry body Assocham. "The increasing Internet penetration and availability of more payment options...
  • Google India's GOSF loses direction on launch day December 11, 2013

    Update: Google India says it is still working to resolve the technical issues. New Delhi: Google India's much-hyped 2nd edition of the Great Online Shopping Festival (GOSF) faltered on launch as the homepage of the festival (gosf.in) website failed to redirect to the intended page leaving many potential shoppers frustrated. At the...
  • Prime Air: Amazon testing 30-minute package delivery using drones December 2, 2013

    Amazon.com is testing delivery packages using drones, CEO Jeff Bezos said Sunday on the CBS television program 60 Minutes. Bezos said the drones, unmanned vehicles that fly through the air, could deliver packages that weigh up to five pounds (2.3 kg). That represents roughly 86 per cent of packages that...
  • How technology reveals the kind of shopper you are November 30, 2013

    Washington: Advances in technology have never made finding deals this holiday season so easy - or so creepy. Marketers and mobile app developers have developed creative new ways to help shoppers find what they want for less. But these inventive techniques also allow for more aggressive tracking of consumer behaviour, whether...
  • How Amazon is trying to lure online Indians November 2, 2013

    Bangalore: Free shipping on a 100 rupee book. Delivery times guaranteed to the minute. These are some of the incentives the world's biggest online retailer Amazon.com is using to entice Indians to shop on the web, a sector where growth has been stifled by payment problems, low Internet usage and a...
  • Delhi loves to shop online: Assocham August 15, 2013

    Mumbai: Delhiites have been lapping up the opportunity to shop online and lead the race in shopping on the internet. The capital ranks first in online shopping, followed by Mumbai and Ahmedabad, an Assocham survey says. Assocham’s survey found that 62 per cent of Delhiites preferred to shop online, while 30...
  • Amazon launches Amazon Art, selling works from $150 to $4.85 million August 9, 2013

    New York: Amazon, the world's largest online retailer, has launched Amazon Art, offering shoppers a catalogue of more than 45,000 works by 4,000 artists in association with 150 galleries and merchants from around the world. Amazon Art has search features that allow shoppers to browse all types of art works. Prices for...
  • Shopping through smartphones on the rise: Study July 8, 2013

    Mumbai: An online study among smartphone users has found that 65 per cent of them use their phones to make a retail purchase, and 81 per cent of them frequently use social media to seek advice before making a purchase. As many as 78 per cent of smartphone users also...