Indian e-commerce giant Flipkart announced a collaboration with Adani Group on April 12 to expand its supply chain base. Under the strategic and commercial partnership, Adani Logistics Limited will help Flipkart in strengthening its supply infrastructure and will construct a logistics hub in Mumbai. The collaboration is likely to generate 2,500 direct and thousands of indirect jobs. Additionally, Flipkart will open a data centre at… read-more
American smartphone maker Motorola is eyeing to launch its much awaited Moto G10 Power and Moto G30 in India on March 9. With a waterdrop style display notch, Moto G10 comes with a 48 MP primary camera. Whereas, Moto G 30, with a 90Hz refresh rate, comes with a 64 megapixel primary sensor. Besides, the smartphones comes with Android 11 OS. Initially launched in Europe, the phone will be available in Flipkart.
Flipkart on March 4 floated a new voice search feature on its platform, enabling customers to search products in Hindi, English, and Hinglish languages. The new feature aims to "make the digital commerce experience convenient, accessible and seamless". A joint study by Flipkart and Bain & Company has revealed that online shoppers in tier-2 cities count nearly half of the total shoppers. Notably, over 75% internet users in India come from… read-more
Courtesy: The New Indian Express
Walmart-owned Flipkart on February 24 said it will deploy more than 25,000 electric vehicles by 2030, thrusting its commitment of total transition to electric mobility. The fleet will comprise two-wheelers, three-wheelers and four-wheelers designed and assembled in India. Flipkart has even tied-up with Hero Electric, Mahindra Electric and Piaggio for customized manufacturing of EVs. The Walmart-owned company is also developing charging… read-more
Courtesy: Hindustan Times
Indian conglomerate Tata Group has inked an agreement with online grocery platform BigBasket acquiring 68% stakes for Rs 9,500 crore. Resultantly, BigBasket's enterprise value clocked beyond Rs.13,500 crores. The new development arrived amidst speculations suggesting Tata Group's possible venture into the e-commerce arena, currently reigned by Grofers, Amazon, and Flipkart. While the rival Reliance Retail is also advancing invasions in the… read-more
Courtesy: The Hindu
Income Tax Department has conducted surveys at the head offices of Flipkart and Swiggy in its Bengaluru offices. Reportedly, about 20 officials have raided the offices for alleged tax evasion by their third-party vendors. The spokespersons of the companies have informed that the firms have extended their full cooperation by providing the officials with the necessary information. However, the IT officials have not released any statement… read-more
Courtesy: Hindustan Times
Based on the complaints made by Confederation of All India Traders (CAIT), the Commerce Ministry has directed the Enforcement Directorate and Reserve Bank of India to take necessary action against e-commerce websites. The websites include renowned etailers like Amazon and Flipkart, that are alleged to have violated several rules of FDI like policy deal, manufacturing, and Foreign Exchange Management Act, 1999 (FEMA). Besides, it accused the… read-more
Courtesy: The Times of India
Xiaomi on December 16 launched its first QLED TV for Indian market named Mi QLED TV 4K. Priced at Rs 54,999, the 55-inch Ultra-HD screen TV is powered by Android TV and PatchWall. Besides, the 3840x2160 pixel resolution TV supporting HDR up to the Dolby Vision format is less expensive than its competitors, OnePlus and TCL. The TV's sale in Indian will start from December 21 via Flipkart, Mi.com and Mi Home Stores.
Nokia is entering a new segment of electronic devices as its laptop series PureBook X14 is slated for launch on December 18. Priced at Rs 59,990, the laptop will be exclusively available for pre-order on Flipkart following Nokia's partnership with the e-commerce platform. Along with 10th generation Intel Core i5 processor, the X14 series promises 8-hour battery life, 14-inch FHD screen with face-unlock and Dolby Vision technology.
Courtesy: Business Insider
Recent data from Redseer and Shadowfox has revealed Amazon.com topped the list of e-commerce companies for better consumer experience and delivery speed. As per reports, consumers were interested in Amazon due to its return policies and reverse logistics. The etailer has outplayed other leading brands, including Flipkart, Paytm Mall, etc. Shadowfax CEO Abishek Bansal said, "We are seeing e-commerce and logistics players investing… read-more