Shopping

  • Amazon infuses $2 billion into Indian arm, a day after Flipkart announced $1 billion funding 22 hours 34 minutes ago

    New Delhi: On Tuesday Flipkart announced that it raised a fresh round of funding worth $1 billion. This is seen as a part of Flipkart's aggressive scale up after Amazon's rapid expansion in India that has heated up competition. Now a day later, Amazon announced that it will invest an additional...
  • Flipkart adds $1 billion to its armoury to battle the Amazon invasion 23 hours 23 minutes ago

    Mumbai: India's top e-commerce company Flipkart said on Tuesday it had raised $1 billion (Rs 6,000 crore) in funds as it battles US giant Amazon for supremacy in the hyper-competitive local market. Flipkart, set up in 2007 by two former Amazon employees, said Singapore sovereign wealth fund GIC was among those...
  • Flipkart raises $1 billion funding, highest-ever in Indian e-commerce industry Yesterday

    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 Yesterday

    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...
  • On Eid eve, sellers dictate prices in Srinagar 3 days ago

    Srinagar: Despite appeals for austerity by religious and social groups, frenzied Eid shopping started on Sunday, two days ahead of the festival, with sellers dictating the prices. Markets are full of edibles, including mutton, poultry, eggs and festive merchandise like firecrackers and toys for children, garments for families and jewellery for...
  • 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...
  • SC dismisses PIL on no liquor shops on highway July 8, 2014

    New Delhi: The Supreme Court on Tuesday refused to direct state governments to ban liquor shops on national highways saying it is for the legislature to enact a law in this regard. A bench, headed by Justice Ranjan Gogoi, dismissed a PIL filed by a Chandigarh-based NGO Arrive Safe Society seeking...
  • SC dismisses PIL on no liquor shops on highway July 8, 2014

    New Delhi: The Supreme Court on Tuesday refused to direct state governments to ban liquor shops on national highways saying it is for the legislature to enact a law in this regard. A bench, headed by Justice Ranjan Gogoi, dismissed a PIL filed by a Chandigarh-based NGO Arrive Safe Society seeking...
  • Vasundhara Raje government plans to sell onion, potato, pulses through PDS shops July 8, 2014

    To check inflation and rise in prices of essential commodities, Rajasthan Chief Minister Vasundhara Raje has asked the food and civil supply department to come out with a plan to sell onion, potato and pulses through Public Distribution System (PDS) at low price in the state. The state government would take...
  • 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...
  • 'Awful break-up happening beside me in cafe': Author live tweets heartbreaking break-up of a couple sitting next to him May 7, 2014

    You are at a coffee shop. There is a couple next to you obviously distressed about something. With a rising sense of disquiet you realise the couple is having their last conversation together. They are breaking up.Faced with a situation such as this, what would you do? Author Dave...
  • 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...
  • Restaurants in Delhi's Connaught Place to remain open till 1 am April 26, 2014

    New Delhi: Restaurants and bars in the heart of Delhi, Connaught Place, will soon remain open till 1 am. Even the shopping outlets will remain open till 11 pm. The decision was taken by the New Delhi Municipal Corporation (NDMC) to promote night shopping in Connaught Place. The decision is,...
  • Snapshot: Hollywood actress Audrey Hepburn shopping with her pet deer 'Ip' in Beverly Hills in this stunning photo from 1958 April 24, 2014

    A lovely snapshot of Hollywood actress Audrey Hepburn surfaced on Imgur today of her shopping with her pet deer 'Ip' in Beverly Hills. The picture is from 1958. The stunning picture shows the actress down on her haunches browsing through things while her deer waits. ...
  • 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...