Seller base on Amazon India reaches 2 lakh; Double since July 2016
Amazon India has reached a milestone of having over 2 lakh registered sellers on its platform. The number has been doubled since July 2016.
Amazon in talks to acquire BigBasket
Amazon is reportedly said to be in initial talks to acquire online grocery startup, Bigbasket. The financials of the deal have not yet been discussed.
Flipkart plans to step in fintech sector
Flipkart is planning to step in the fin-tech sector and includes all the customers in small cities and towns.
Amazon India invests ₹200 crores in logistics arm
Amazon has invested ₹200 crores in its logistics arm, Amazon Transportation Services to take on Flipkart's eKart.
GST pushes Flipkart, Amazon to clear inventory by discounted sale
Amazon and Flipkart to host sales and offer discount this month to get rid of existing stock. new GST policy will be imposed from 1st July.
Flipkart Summer Sale offers upto 80% discount on Electronics, gadgets
Flipkart has launched Summer Sale to offer upto 80% discounts on electronic and home appliances. The sale comes with exchange offers and no-cost EMIs.
Amazon puts additional ₹67 crores to support Amazon Pay in India
Amazon has invested additional ₹67 crores in its India business to empower the wallet and online payment services.