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.
MAR 3, 2021
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 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.
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.
JUN 27, 2019
After Amazon and Walmart both kicked the tires, Flipkart was ultimately acquired by Walmart for $16 billion in April 2018. In December 2018, Flipkart chief executive Kalyan Krishnamurthy pegged new user growth at 55% to 60% year over year, highlighting the massive opportunity for this marketplace.
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.
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.
JUL 15, 2019
It shares this market with Flipkart, making it an unlikely hub for Alibaba. However, the third-place players in this market have been unseated recently and that may suggest that there is space for another player. Alibaba, while it has made certain attempts in North America, it is unlikely to unseat Amazon where it is based.
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.