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Currently Browsing: Results for Tag "Ecommerce"

India wants to make credit and debit cards obsolete for payments

India wants to make credit and debit cards obsolete for payments The Indian government has launched BharatQR Code to enable people to pay for things they purchase without swiping their plastic cards.Instead, merchants can ask shoppers to scan a QR code and make payments directly from their bank account.

How one startup peon had a real-life Slumdog Millionaire moment

How one startup peon had a real-life Slumdog Millionaire moment The old English proverb came to life for Mumbai-based Shyam Kumar, a peon at mobile wallet firm Citrus Pay.He became a millionaire after his employer was acquired by Naspers-backed online payments company PayU in a $130 million deal last year.

Former Indian minister falls for online puppy scam

Former Indian minister falls for online puppy scam A former Indian minister has been duped in an online puppy sale.Salman Khurshid, who had served in the previous government, tried buying a pedigree Maltese puppy on a website that was offering them for cheap.

Thousands of women have launched virtual storefronts in Indonesia

Thousands of women have launched virtual storefronts in Indonesia Thousands of Indonesian women are launching a new breed of mom-and-pop shop — one that's entirely contained within a phone or tablet.A startup called Mindstores lets anyone apply to launch a three-dimensional virtual storefront with the country's biggest retailer, Alfamart.

India's biggest online retailer is acquiring eBay's India business, report says

India's biggest online retailer is acquiring eBay's India business, report says The deal is said to be structured as part of Flipkart's ongoing $2 billion fundraising.The Bangalore-based company is seen to be strengthening its arsenal to wage a war with Amazon that might soon define India's $15 billion e-commerce sector.

Softbank reportedly wants to merge India's top online retailers to take on Amazon

Softbank reportedly wants to merge India's top online retailers to take on Amazon Japanese telecom giant and startup investor, Softbank, wants India's top two online retailers to join forces to fight Amazon in the country.Interestingly, Softbank is the largest investor in Snapdeal with a 30 percent share.

In its bid for world domination, Amazon buys up main competition in the Middle East

In its bid for world domination, Amazon buys up main competition in the Middle East Founded in Dubai, UAE, Souq reportedly sold to Amazon for $650 million.Emaar Malls, a Dubai-based operator of shopping centers, submitted an $800 million bid for Souq.

Alibaba is making moves in the world's fastest-growing e-commerce market

Alibaba is making moves in the world's fastest-growing e-commerce market The Chinese internet giant has started working out of a shared office space in India's Silicon Valley, Economic Times reports.This comes a few months after Alibaba announced its first India office in Mumbai a stone's throw away from rival Amazon's headquarters.

Amazon is closing in on Flipkart in India, one metric at a time

Amazon is closing in on Flipkart in India, one metric at a time When it comes to mobile engagement, the data suggests, Amazon India is showing promising growth.As of March 2017, four-year-old Amazon India held 30.

How Softbank is adding spice to the Amazon-Alibaba battle in Indian e-commerce

How Softbank is adding spice to the Amazon-Alibaba battle in Indian e-commerce Venture Beat recently published a piece headlined 'India’s e-commerce battle is not Indian anymore' that highlighted the battle between Amazon and China's Alibaba Group in the world's fastest-growing e-commerce market.And that is Japanese telecom and investment giant Softbank which is suddenly the buzzword in India's e-commerce world.

RIP bandage dresses: Bebe will close all its stores next month

RIP bandage dresses: Bebe will close all its stores next month The retailer announced its plans Friday through a regulatory filing with the Securities and Exchange Commission.There were at least 180 Bebe stores at the end of 2016.

PayPal follows Amazon, applies for mobile wallet license in India

PayPal follows Amazon, applies for mobile wallet license in India Global payments major PayPal wants a slice of the blossoming mobile wallet pie in India, according to reports.This comes at a time when the payments space in India is abuzz with potential foreign investments, mergers and acquisitions.

UberEATS starts serving in India, its fourth Asian market

UberEATS starts serving in India, its fourth Asian market Interestingly, Uber's local rival Ola had started a similar service, Ola Cafe, in 2015 and shut it down a year later after reportedly failing to expand its network of restaurants.Consumers will be able to order through the UberEATS app every day of the week, round the clock, as long as the partner restaurants are operational.

Amazon's new Instagram thingy is the grossest, purest thing on the internet

Amazon's new Instagram thingy is the grossest, purest thing on the internet If every social network were brutally honest with you, they'd be Amazon Spark.The newest feature on the Amazon app is the grossest, purest thing on the internet.

Regulators are looking into complaints that Amazon is misleading customers about their savings

Regulators are looking into complaints that Amazon is misleading customers about their savings As Amazon prepares to lock down its mega-merger with Whole Foods, one of its most controversial sales practices may be coming back to haunt it.The group behind the complaint, Consumer Watchdog, reviewed around 1,000 Amazon products and found these reference prices used on nearly half.

Amazon already has its eye on the car repair market, and auto shops should be worried

Amazon already has its eye on the car repair market, and auto shops should be worried Between Amazon's blitz into the grocery market and its fashion aspirations, you might have missed the shopping juggernaut's entry into the auto world.The company has already built a sizable business selling vehicle parts online, and it could have its sights set on auto services and even car sales down the road.

Amazon Prime Now launched in Singapore, then quickly couldn't cope with demand

Amazon Prime Now launched in Singapore, then quickly couldn't cope with demand Just hours after it launched in Singapore to great fanfare — Amazon Prime Now is down.But for all the initial hype and excitement it drummed up, it seems like the delivery service is unable to cope with demand.

Amazon is selling you a bunch of stuff through secret brands

Amazon is selling you a bunch of stuff through secret brands And several more of these sorts of secret Amazon brands may be in the works.Among the report's finds are a brand for motorhome-related goods called "RV Me," a leather goods line called "Concrete New York," a car products tag called "GT Prime," and a frozen foods brand called "Single.

Google and Walmart team up to take on a common enemy: Amazon

Google and Walmart team up to take on a common enemy: Amazon Probably the most significant part of the deal is that shoppers with Google Home devices can now order Walmart products through the tech giant's digital assistant, just as Amazon customers do with its own Echo gadgets.The agreement appears to be the result of two very different businesses bonding over a common enemy.

Icelanders can get burgers and beer by drone, and we're all moving

Icelanders can get burgers and beer by drone, and we're all moving The system comes from a partnership between Israeli drone logistics company Flytrex and Icelandic eCommerce company AHA.It's not the only one trying to make drone delivery work in an urban setting.