Tag archives for Flipkart
Flipkart’s Myntra Buys Rival Jabong for an Undisclosed Amount
E-commerce giant Flipkart makes its second big acquisition, buying out Jabong for an undisclosed amount. In 2014, Flipkart had acquired Myntra to shore up its fashion offerings in what was…
Delivery boy steals 12 iPhones from Flipkart, gets caught
A Flipkart delivery boy has been arrested for stealing at least 12 iPhones from his employer. The delivery boy’s name is B Naveen, reports the New Indian Express. The report…
Flipkart Shuts Down Image Search and Ping Social Features
Almost 10 months after launching its in-app peer-to-peer chat service Ping, e-commerce major Flipkart has decided to replace it with 'user to seller' chat. Ping allowed users to browse for…
Amazon goes all out to take on Flipkart
It's a sort of cat and mouse game that Amazon is playing with Flipkart. In May, the global giant's Indian arm had increased the referral rates it charges on sellers…
Amazon’s $3 bn will give Flipkart, Snapdeal the nightmares.
Forget the funding crunch and valuation mark downs, the Indian e-commerce sector is going to see more action. That is what Amazon's pledge to invest $3 billion in India indicates.…
Flipkart may lose its ‘Day One’ status at IIT placements
MUMBAI: Indian Institutes of Technology ( IIT ) are likely to strip Flipkart of its Day One status in their campus placement programs. This is a fallout of the e-commerce…
Punit Soni quits Flipkart
Punit Soni, the much heralded Chief Product Officer (CPO) of Flipkart, has quit. Soni, a former Google top executive from Silicon Valley has put in his papers barely a year…
Ex-Flipkart duo to launch healthcare start-up
Mukesh Bansal and Ankit Nagori, who left Flipkart this month, are teaming up and pooling $5 million to launch a start-up in the area of healthcare and sports and fitness.…
Leg-up likely for Flipkart, Snapdeal as govt mulls 100% FDI in marketplace model
New Delhi - The government is considering permitting 100% foreign direct investment (FDI) in the marketplace format of e-commerce retailing with a view to attract more foreign investments. The norms…
Flipkart’s Myntra unit expects to turn profitable in fiscal 2017
Myntra, part of Indian's biggest e-commerce company Flipkart, said it expects to turn profitable by the end of next financial year as the online fashion store looks at slashing discounts…
Flipkart rejigs top brass: Sachin Bansal to be Executive Chairman, Binny Bansal CEO
E-commerce major Flipkart has announced that Sachin Bansal, CEO and Co-founder of Flipkart, will now be the Executive Chairman of the company and Binny Bansal, COO and Co-founder of Flipkart,…
Flipkart Acquires Stake in MapmyIndia to Improve Delivery Operations
Bengaluru: Online commerce giant Flipkart has acquired a strategic minority stake in navigation and tracking solutions provider MapmyIndia to strengthen its supply chain management. With Flipkart's investment, MapmyIndia's early financial…