Chinese business magnate Jack Ma-led Alibaba and Ant Financials, after supporting Paytm for five years, have offloaded their entire stake in Paytm Mall, an e-commerce platform. Alibaba got rid of…
Alibaba-backed Indian fintech firm Paytm announced on Thursday, that they are targetting to have a million apps on its mini-app store by the first quarter of 2021, aiming to go…
The Department for Promotion of Industry and Internal Trade (DPIIT), has asked Snapdeal and Paytm Mall to share information on their selling practices, reported Inc42. As per the sources, the…
Myntra, a fashion etailer owned by Flipkart, has posted a loss of INR 539.20 crore in FY18-19, against INR 151.22 crore in the previous year, reported ET. Whereas, Myntra’s revenue…
After Paytm Mall, PhonePe, now Dunzo, a hyperlocal delivery startup, has reported a net loss of INR 168.9 crore in FY19, which is an eight times more than loss of…
Paytm’s e-commerce marketplace segment Paytm Mall, reportedly has been hit by a 35 per cent reduction in losses to INR 1,171 crore in 2019 against the loss of INR 1,806…
ShopClues, an e-commerce startup, has been taken over by Singapore-based Qoo10 Pte Ltd in a stock deal, cited Inc42. According to ShopClues, the partnership presents new strategic opportunities for both…
The festive season is heavily packed with offers and sales, given by various e-commerce platforms. Among which Paytm Mall, a subsidiary of Paytm, India’s biggest digital wallet unicorn startup, has…
After experiencing a financial turmoil in 2018 and slashing workforce by 50 per cent in July 2019, ShopClues, an e-commerce space, now, has secured ₹7.86 crore as funding from its…
Alibaba, a Chinese tech giant, which has made some promising investments in the Indian startup ecosystem, is temporarily, stopping all new investment activity to review its India strategy, reported by…
