Snapdeal raises $500-mn from Alibaba, Foxconn and others

Last Updated: Tuesday, August 18, 2015, 18:01

Online marketplace Snapdeal has raised USD 500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank.

Resale price pacts in online retail space under probe: CCI

Last Updated: Wednesday, August 12, 2015, 18:02

Keeping a close watch on the growing e-commerce market, fair trade regulator CCI is probing whether certain resale price arrangements between manufacturers and e-retailers violate competition norms.

Amazon offers limited free shipping on same-day delivery orders

Last Updated: Thursday, May 28, 2015, 19:57

Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area.

Amazon starts declaring sales to pay taxes in 4 European countries

Last Updated: Tuesday, May 26, 2015, 17:09

Amazon has tax agreements in Luxembourg under which it recorded European sales and paid taxes on them in the tiny country instead of at the source.

Walmart eyes Amazon in potentially costly e-commerce battle

Last Updated: Wednesday, May 20, 2015, 10:49

Walmart`s sluggish quarterly results that were released on Tuesday highlighted the importance of growing its online business.

Well-funded Jet.com may be ecommerce game-changer

Last Updated: Sunday, May 17, 2015, 07:06

Jet has raised $220 million so far for an ecommerce service with some 1,600 retail partners, and plans to sell some 10 million products when it launches in the coming weeks.

China fines Alibaba $129,000 for pricing violations

Last Updated: Saturday, April 18, 2015, 15:12

China`s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

ASEAN's online retail market has 25% growth potential: Study

Last Updated: Friday, February 13, 2015, 15:19

The online retail market in the six ASEAN economies has the potential to grow 25 percent annually through 2017, a study said Friday.

Online retail mkt spend to jump 10 times to USD 14 bn in 5 yrs

Last Updated: Monday, February 9, 2015, 19:18

Online retail market spending is likely to jump more than 10 times to USD 14 billion in the next five years in the seven major cities, according to property consultant Knight Frank.

Amazon takes first-ever Golden Globes for `Transparent`

Last Updated: Monday, January 12, 2015, 11:02

Online retail giant Amazon scored its first ever Golden Globes on Sunday with two wins for dark comedy "Transparent" -- a breakthrough in its bid to catch up with streaming pioneer Netflix.

Online retail spending to touch $16 bn by 2018: Report

Last Updated: Monday, December 15, 2014, 18:52

The online retail spending in the country is expected to reach USD 16 billion (around Rs 1 lakh crore) by 2018 with the number of people buying online touching 128 million, a report said Monday.