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...
Online retail technology and IBM

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 India e-commerce

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 employees

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...
Tata Neu e-commerce app

Tata launches e-commerce app Tata Neu to take on Amazon and Flipkart

Tata Group has launched its e-commerce app offering several items under one roof in a renewed push for a slice of a fast growing...
Flipkart sales

Flipkart targets IPO valuation of $60-70 bn and U.S. listing in 2023

Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S....
Carrefour and technology investment

Carrefour launches VC fund to invest in digital retail startups

Carrefour, the largest food retailer in Europe, announced its partnership with venture capital firm Daphni to invest in digital retail startups as part of a...
RIL Isha Ambani

Reliance buys stake in innerwear brand Clovia

Reliance Retail Ventures has acquired 89 percent stake in Purple Panda Fashions, which operates the Indian lingerie brand Clovia. Clovia is India’s leading innerwear and...
Walmart retail store associates

Walmart to hire 5,000 associates globally to tech hubs

U.S. retail chain Walmart plans to hire more than 5,000 new associates globally to its tech hubs during the current fiscal year. Walmart Global Tech,...
Volvo in deal with Infosys

Volvo Cars sets up tech hub in Stockholm to drive online business

Volvo Cars will establish a tech hub in Stockholm, the capital of Sweden, as it seeks to reach its goal to sell at least...



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