Start-ups starts sacking more employees to manage cost
Indian start-ups have received more than $42 billion in VC funding last year alone. It seems the flow of funds did not assist employers...
IKEA to spend $3.2 bn on stores to build ecommerce business
IKEA retailer Ingka Group will be spending $3.2 billion through 2023 on new and existing retail stores as part of its plan to use...
Amazon to create 2,500 jobs in California
Amazon announced plans to create more than 2,500 corporate and technology jobs over the coming years in multiple cities across California.
Amazon will expand its...
India to launch open e-commerce network to take on Amazon, Walmart
India will launch an open network for digital commerce (ONDC) as the government tries to end the dominance of U.S. companies Amazon.com and Walmart in the...
Reliance drops $3.4 bn retail deal with Future
Reliance has called off its $3.4 billion deal with Future Group, saying it cannot be implemented after Future’s secured creditors rejected it.
The deal was...
Amazon buys women-focused social commerce startup GlowRoad
Amazon has acquired India-based women-focused social commerce startup GlowRoad as part of its commitment to digitize 10 million local Indian businesses by 2025.
Flipkart’s social...
Australia fines Expedia’s Trivago $33 mn on misleading hotel room rates
An Australian court fined Trivago, a unit of U.S.-based online travel firm Expedia Group, A$44.7 million ($32.91 million) for misleading consumers over hotel room...
Indian online retail market to reach $85.5 bn: Forrester
The Indian online retail market rose by $7 billion in 2021 and is forecast to grow at a CAGR of 19.8 percent to reach...
Flipkart buys e-commerce enabler ANS Commerce
Flipkart Group announced the acquisition of ANS Commerce, an e-commerce enabler that helps brands sell online.
Flipkart said it continues its efforts to strengthen the...
Amazon plans 5% surcharge on US merchants for FBA services
Amazon said it will impose an average 5 percent fuel and inflation surcharge on merchants to warehouse and ship their products in the United...
LATEST POSTS
