Amazon’s net sales increased 21% to $87.4 billion in Q4FY19, compared to $72.4 billion in the same quarter last year. Operating income increased to $3.87 billion in the fourth quarter,...
Smartphone companies Xiaomi, Oppo and Vivo have assured offline retailers that they will maintain parity on pricing, discounts, and models with online marketplaces, reports...
Accusing e-commerce platforms of openly flouting FDI rules, traders’ body CAIT has asked Finance Minister Piyush Goyal to conduct an investigation into and place...
Jack Ma, founder of China-based e-commerce giant Alibaba has stepped down from his role as chairman, reports Bloomberg Quint. Alibaba Group CEO Daniel Zhang...
How is it that companies like Amazon and Flipkart continue to sell at discounted prices despite being in heavy losses, asked Praveen Khandelwal, national...
Restaurants have alleged that food aggregators are “cannibalising” dining because of deep discounting, and that aggregators’ search algorithms are biased towards their own cloud...
The government has asked e-commerce companies Amazon and Flipkart to upload statutory audit reports certifying that they’re compliant with the FDI rules that came...