Anti-trust suit against Google could have lessons for India
RedSeer said the first few days of this year's online sale season saw a more explosive start compared to the last year- and is on track to meet its forecast of $4 billion by end of the event
Flipkart and Amazon are likely to sell about 15 mn smartphones in India during the festive sales, which will account for over 36 per cent of total expected sales for October-December, Techarc said
These firms are discovering new frontiers and consumers with the help of Flipkart, Amazon
The chairman of Japan's Fair Trade Commission, also said Tokyo could open a probe into any merger or business tie-up involving fitness tracker maker Fitbit if the size of such deals are big enough
These traditional brands are also discovering new frontiers and consumers by creating special product lines catering to a pan India market.
For e-commerce firm Snapdeal, nearly 30 per cent of the total orders on the first day of its festive sale were from first-time users
E-commerce giant's marketplace is offering these deals during its biggest festive season sale Great Indian Festival across segments such as laptops, printers and office electronics
The development comes at a time when Amazon and Flipkart are hosting their biggest festive sale events. The firms have been asked to reply to the notices within 15 days.
The government on Friday issued notices to Flipkart, Amazon and other e-commerce companies for not mandatorily displaying information, including country of origin, on products sold on their platforms
Third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60% year-over-year increase, Amazon said after wrapping up the two-day event across 19 countries.
Downbeat comments from Treasury Secretary Steven Mnuchin that a deal would not likely be made before the vote
However, the EU's competition enforcer is now considering splitting the two issues to focus on one, making it easier to move forward with the case, one of the people told Reuters
The facility has a capacity of 1.2 mn cubic ft; firm triples storage at an existing centre for large appliances and furniture to 600,000 cubic ft
Nirmit Parikh went undercover as a factory hand in Ahmedabad for a few days before the lockdown, to understand the ground realities of grey and blue-collar workers
These kiranas and local stores will play a crucial role to sell and safely deliver shipments to millions of customers during these sales
What matters is the cumulative discount - that on price and on payment option
Crucible was seen as a key test for Amazon's games division, which was formed in 2012
This follows a dispute over the Future's sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL)
Amazon says the deal violates the no-compete contract signed with the Future group and the RIL-Future deal will derail its plans to buy a stake in Future Retail Ltd