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Binny Bansal is looking to sell his stake and exit the company following Walmart-Flipkart deal.
The overall losses increased by 68 percent in FY17 to Rs 8,771.4 crore as compared to the previous fiscal
50% of the e-commerce companies which are being set up are headed towards failure.
None of the digital commerce companies in India are profitable. They typically earn between 5-15 percent commissions but massive discounts and need to expand to more geographies saw those companies losing money. This can be a serious problem when the capital market tightens up.
Here are a few things Amazon India has done to gain a competitive edge.
With the latest partnership announced with mobile payments and commerce platform Paytm, Kishore Biyani is making an effort to go online without taking on the risks and huge costs associated with the e-tail business.
Here are 5 most common pitfalls that you, as an e-commerce seller, should look out for.
When Sameer Grover was younger, he would collect the crowns of soda bottles and exchange them for discounts at local restaurants. It was like a game for him and his friends.
Flipkart is among the first batch of India’s biggest startups to have achieved a billion-dollar valuation today. Its success story has inspired many entrepreneurs to start their own startups.
Amazon was India's second-largest online marketplace by shipments last month, industry estimates show, as it dislodged Snapdeal to become the only major player to increase share from a year ago.