India online shoppers to jump to 8 cr this year from 5.5 cr – Assocham-PwC study

The number of people shopping online is expected to rise to 8 cr (80 mln) this year from 5.5 cr in 2015 with better infrastructure in terms of logistics, broadband and Internet-ready devices, according to an ASSOCHAM-PwC study. The overall e-commerce industry, valued at $25 billion at present has been growing at a compounded annual […]

Google ends the Great Online Shopping Festival in India

Google India has cancelled its three-year-old annual shopping event – the Great Online Shopping Festival, taking a step back to let the big giants like Flipkart and Amazon do their own thing. As Google pointed out, back in 2012, when it launched Great Online Shopping Festival to rival USA’s Cyber Monday, the total online shopping Industry […]

Amazon India to sell daily household items and FMCG

Amazon India today announced the launch of its Household Supplies store that offers a wide range of products including dishwashing detergents, household cleaners, laundry detergents, paper, plastic wraps as well as puja supplies. These products will be delivered to any place in India. The entry of the giant into this space could squeeze specialized online […]

54% of smartphones have shopping apps; Flipkart No. 1 – Survey

All the mobile web traffic sacrificed by Flipkart seems to be paying off, at least in terms of getting users to install the company’s app. According to Nielsen’s latest survey based on real-time mobile data across 8,000 handsets in the country, Flipkart’s mobile app is present on 35% of all phones checked and was the […]

Industry opposes suggestion to exclude Amazon, Flipkart etc from key ecommerce responsibilities

Certain rules suggested by the government of India for possible inclusion in its upcoming e-commerce policy have drawn opposition from industry bodies. Key among these are the conditions that payment collection, packing and delivery should be made the responsibility of the seller and not the intermediary website (such as Flipkart and Amazon). The Department of […]

Xiaomi Mi Pad at 11k, Mi4 at 14k, Moto G at 10k — on Flipkart Big Sale today

It looks like Flipkart is very eager to get some of its exclusive items moving off its shelves, going by the kind of offers and discounts that the online retailer is offering today – the last day of its Big App Shopping Days. The best offers in the electronic segments are the following. Xiaomi Mi […]

Infibeam to offer up to 80% discounts on ‘Big Bang Sale’

After Flipkart and Amazon, it’s the turn of Infibeam.com to offer its own ‘big bang’ sale, from Monday through Wednesday. “Various global electronics brands including Apple, Microsoft, LG, Samsung, HP, Philips along with several national brands such as Micromax, Intex and many others will be offering their products in the Big Bang Sale,” the company […]

78% of Delhiites prefer online shopping over brick and mortar – Survey

Thanks to scorching heat, shopping trends of Indian consumers have witnessed a significant change this ‘summer season’, a whopping 155% rise in online trends compared to 85% last year, according to a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). As per the ASSOCHAM findings, Delhiites have left behind all other […]

Flipkart raises Rs 1,250 cr funding from DST Global, others

Flipkart, India’s largest e-commerce platform, said it has raised $210 million (Rs 1,250 crore) from a consortium of investors led by DST Global – one of the leading global investment groups focused on Internet. Existing investors Tiger Global, Naspers, and Iconiq Capital also participated in the financing round, it said. The fund raising comes days […]