Flipkart on Tuesday launched a hyperlocal service in suburbs of Bangalore, four years after the e-commerce group abruptly concluded its previous foray into this category. The e-commerce group, owned by Walmart, said Flipkart Quick leverages the company’s supply chain infrastructure and a new location mapping technology framework to deliver more than 2,000 products across grocery, perishables, […] …Continue Reading

Amazon may join its global rivals Google and Facebook in backing one of Indian billionaire Mukesh Ambani’s ventures. The American e-commerce giant is in preliminary talks to acquire a 9.9% stake in Reliance Retail, local TV news channel ET Now reported Thursday afternoon, citing unnamed sources. Reliance Retail, founded in 2006, is the largest retail […] …Continue Reading

Amazon’s India business said on Thursday it has begun offering auto insurance to cover two and four-wheeler in the country, marking American giant’s first foray into this financial services category globally. The e-commerce giant said it had inked a deal with Mumbai-headquartered Acko General Insurance to offer customers car and motor-bike insurance. Amazon is also an […] …Continue Reading

Flipkart said on Thursday it is launching a wholesale marketplace to serve small and medium-sized businesses and neighborhood stores in India, entering an increasingly crowded space that has attracted several players including India’s largest physical retail chain (Reliance Retail), Lightspeed-backed Udaan, Amazon, and Facebook in recent years. To launch the wholesale marketplace, called Flipkart Wholesale, […] …Continue Reading

Amazon said on Monday it has eliminated all single-use plastic in its packaging across its fulfillment centers in India, delivering on a pledge it made last year to achieve this goal by June. The American e-commerce group said it had replaced packaging materials such as bubble wraps with paper cushions and was also using “100% […] …Continue Reading

For Amazon, it’s never too late to try something in India. The e-commerce giant is exploring ways to further spread its tentacles in the largely offline, technology-free neighborhood stores in one of its key overseas markets. The American firm’s latest attempt is called “Smart Stores.” For this India-specific program, Amazon is providing physical stores with […] …Continue Reading

Flipkart on Wednesday added support for three more local languages as the Indian e-commerce giant looks to widen its foothold in smaller cities and towns across the country where fewer people speak English and Hindi. The Walmart -owned firm said its online marketplace now has interfaces in Tamil, Telugu, and Kannada, three languages that are […] …Continue Reading

Flipkart is rolling out a voice assistant feature to its platform to make it easier for consumers to shop as the Walmart-owned e-commerce giant looks to expand its reach in the nation. The AI-powered voice assistant currently supports grocery category, called Supermart, but a company spokesperson told TechCrunch that Flipkart will be extending it to […] …Continue Reading

In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. In May, more than 75 million users transacted on Google Pay app, ahead of PhonePe’s 60 million users, people familiar with the […] …Continue Reading

The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns majority of the Indian e-commerce firm and which recently counted its business in Asia’s third-largest economy as one of the worst impacted by the global coronavirus pandemic. The Department for Promotion of Industry and Internal […] …Continue Reading

The rationale behind the deluge of dollars flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is beginning to become more clear as his e-commerce venture JioMart starts rolling out to more people across India. An e-commerce venture between the nation’s top telecom operator Jio Platforms and top retail chain Jio Retail, JioMart just launched its […] …Continue Reading