Paytm forays into eCommerce; to compete with likes of Flipkart

Last Updated: Friday, April 24, 2015, 23:12

Mobile payment services firm Paytm on Friday announced its foray into the eCommerce space, putting itself, which is backed by Alibaba, in direct competition with giants like Amazon, Flipkart and Snapdeal.

'Indian eCommerce not a bubble, to grow to $50 billion by 2020'

Last Updated: Wednesday, April 15, 2015, 18:52

Terming investor concerns on Indian eCommerce sector as "misplaced", brokerage firm UBS on Wednesday said that the 'etail' market in the country is well placed for growth and could be worth USD 50 billion by 2020.

Snapdeal CFO Aakash Moondhra resigns

Last Updated: Tuesday, April 14, 2015, 22:12

Aakash Moondhra, chief financial officer at e-commerce major Snapdeal, has put in his papers.

Xiaomi no more exclusive to Flipkart, signs deal with Snapdeal and Amazon

Last Updated: Tuesday, April 7, 2015, 16:55

"Starting tomorrow, 8 April, we're adding two more partner channels that you can purchase from ? Snapdeal and Amazon India," Xiaomi said in a post on its official Facebook page.

FTP to promote eCommerce cos focusing on job creation

Last Updated: Wednesday, April 1, 2015, 18:48

Under the new five-year Foreign Trade Policy (FTP), the government will provide incentives to eCommerce companies exporting products from sectors that create jobs.

Jack Ma meets Modi; Alibaba to help small businesses in India

Last Updated: Monday, March 30, 2015, 22:37

Looking to expand its presence in India, Chinese ecommerce giant Alibaba's Chairman Jack Ma today met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.

Flipkart aims to generate 20 lakh jobs in 2015

Last Updated: Wednesday, March 25, 2015, 17:44

Domestic eCommerce major Flipkart on Wednesday said it will generate over 20 lakh jobs through its marketplace and ancillary services this year.

Alibaba in talks to invest up to $700 million in Snapdeal

Last Updated: Thursday, March 12, 2015, 18:19

Online marketplace Snapdeal is in talks with e-commerce giant Alibaba for upto USD 700 million investment, which will expand the Chinese firm's footprint in India, sources said.

Alibaba meets with China regulator, controversial report retracted

Last Updated: Saturday, January 31, 2015, 09:03

The head of China`s commerce regulator met with Alibaba Group Holding Ltd chairman Jack Ma on Friday to discuss combating fake products, the official Xinhua news agency reported, with the two adopting a conciliatory tone after a row over illegal business on the Internet company`s platforms.

Alibaba quarterly revenue disappoints, shares fall

Last Updated: Friday, January 30, 2015, 08:34

Earnings per share (EPS), calculated to exclude one-off and extraordinary items, beat estimates of $0.75, coming in at $0.81.

eBay looks to tap more local artisans, industries

Last Updated: Sunday, January 11, 2015, 16:19

eBay has joined hands with one of India's largest fabric traders body DHMA as the global eCommerce giant tries to reach out to local traders and artisans to offer more options for online shoppers.

eCommerce sales in India to touch $7.69 bn in 2015: eMarketer

Last Updated: Wednesday, January 7, 2015, 18:43

The country had witnessed retail eCommerce sales of USD 5.3 billion last year, according to eMarketer estimates of digital and brick-and-mortar retail sales around the world.