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EU plans to tackle online barriers in digital single market

Last Updated: Wednesday, March 25, 2015, 17:58

Germans should be able to buy books from British online retailers and Italians ought to have access to movies on sites in Belgium, according to EU draft proposals on Wednesday setting priorities to boost Europe`s digital economy.

Myntra to focus on private labels; to launch new brands

Last Updated: Sunday, March 22, 2015, 11:36

Online retailer Myntra will introduce 5-6 new brands of apparels and accessories over the next six months as it looks to increase revenue share from the higher-margin, in-house labels.

Snapdeal to invest up to $200 mn on logistics in next 1 year

Last Updated: Tuesday, March 17, 2015, 17:52

The city-based firm has also picked up a minority stake in logistics firm GoJavas, which is the former logistics arm of smaller rival Jabong.

90% of traffic generated through mobile services: Myntra

Last Updated: Friday, March 6, 2015, 15:53

Myntra.Com, India's leading online fashion retailer, today said that 90 percent of its traffic is being generated through mobile devices.

Target to cut thousands of jobs, eyes $2 bn in cost cuts

Last Updated: Wednesday, March 4, 2015, 08:19

The cost-cutting forms a key plank of a revival plan outlined by Chief Executive Officer Brian Cornell, who is seeking to narrow the retailer`s focus to a handful of key product lines and bolstering its online business to rejuvenate sales.

Buffett buys German motorcycle gear retailer

Last Updated: Saturday, February 21, 2015, 02:25

Warren Buffett is getting into motorcycle gear, snapping up a German retailer in a rare investment by his Berkshire Hathaway in Europe in recent years.

Snapdeal for single-factor authentication for low value deals

Last Updated: Sunday, February 15, 2015, 12:58

E-commerce major Snapdeal has sought a staggered approach for ushering in single-factor authentication regime for small value transactions, starting initially with a cap of Rs 3,000.

Flipkart targets $8 bn in sales in three years: Sources

Last Updated: Thursday, February 12, 2015, 10:39

India`s largest online retailer Flipkart aims to double the total value of goods it sells to $8 billion in the next three years, as it looks to widen the gap with rivals including Snapdeal and Amazon.com`s India unit. 

Alibaba deploys drones to deliver tea in China

Last Updated: Wednesday, February 4, 2015, 21:50

Airspace in China is strictly controlled, with the majority used by the military.

Amazon to offer business email, taking on Microsoft

Last Updated: Thursday, January 29, 2015, 08:59

The service appears aimed at corporate customers that currently pay for Microsoft Outlook or other services.

Flipkart joins hands with TCYonline

Last Updated: Monday, January 19, 2015, 19:28

Homegrown e-retailer Flipkart has joined hands with online education pioneer TCYonline to offer a wide spread of test preparation tools, the company said Monday.

Lenovo launches cheapest 4G smartphone A6000 at Rs 6,999

Last Updated: Friday, January 16, 2015, 15:44

Lenovo has partnered with online retailer Flipkart and the smartphone will go on sale via Flipkart from January 28.