JUN 23, 2021
India cracks down on ecommerce giants: The country proposed regulations that would ban ecommerce sites from hosting flash sales or listing affiliated entities as sellers on their platforms, which could spell trouble for players like Amazon and Walmart’s Flipkart.
NOV 15, 2021
SoftBank has also backed Indian ecommerce giant Flipkart, which Walmart owns a majority stake in as of 2018. Ecommerce on the rise: With the pandemic inspiring a surge in digital purchases, ecommerce is poised to make inroads. The market opportunity in India will reach $200 billion by 2026, per the India Brand Equity Foundation (IBEF).
SEP 24, 2021
The startup offers its more than 11 million users short-term and long-term installment loans and works with more than 10,000 online merchants in India, including Amazon and Flipkart, per a press release. The strategic investment gives Zip a foothold in the Indian market—a region we said was untapped by mainstream BNPL players.
JUL 7, 2021
Helping push that trend were players like Flipkart and Reliance Industries—both of which updated their ecommerce solutions. And expanding Paytm’s payment solution can keep the momentum going by making it easier for consumers to purchase smaller-ticket items online.
JUN 25, 2021
Article: India proposes tighter ecommerce rules targeting Amazon and Flipkart.
MAR 3, 2021
JUN 22, 2020
Flipkart, the giant Indian digital marketplace, reportedly had roughly $12 billion in GMV last year—but Flipkart is now owned by Walmart. In Europe, meanwhile, Amazon is the dominant ecommerce retailer in every major market. The ecommerce game is a tale of two countries for now, with China far out in front. Key Takeaways.
AUG 2, 2019
. · Amazon’s Indian rival Flipkart has also been chasing advertising dollars. Flipkart had first talked of entering advertising as a business around 2015, the same time as Amazon. The company, however, has also recently talked up its advertising business again.
MAR 16, 2021
Indian regulators want to implement policies that would require ecommerce platform providers such as Amazon and Flipkart to avoid preferential treatment of sellers. The government is investigating claims that these firms promote select sellers they have an indirect stake in and offer deep discounts that make it hard for local sellers to operate.
JUL 13, 2020
Facebook is likely looking to secure its position in India’s competitive and fast-growing ecommerce market, which is dominated by Amazon and Walmart-backed local player Flipkart. As part of the deal, consumers can now place JioMart orders through Facebook-owned WhatsApp. India is WhatsApp’s largest market, with 380.7 million monthly users this year, per our latest estimates. Payments.
OCT 30, 2019
Flipkart (India). In September 2019 Flipkart used TikTok’s hashtag challenge ad format to promote its Big Billion Days sale to potential new customers who live in smaller cities in India. “We have also partnered with TikTok to reach out to the new-age audience through a challenge underpinning user-generated content.
OCT 7, 2020