Indian e-commerce firm Snapdeal expects to turn profitable in the next two years, its CEO said, as the company cuts costs and boosts efficiency in a market currently dominated by homegrown Flipkart as well as Amazon.
Amazon.com removed doormats resembling the Indian flag from its Canadian website on Wednesday, after an Indian government threat to rescind visas of the U.S.company's employees if they did not stop selling the product.
Wal-Mart is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.
India's biggest e-commerce firm Flipkart is buying domestic online fashion retailer Jabong from Global Fashion Group for $70 million in cash, the latest consolidation move in the country's e-commerce sector as competi...
India's biggest conglomerate Tata Group launched an e-commerce venture on Friday, as it seeks its share in a market dominated by deep-pocketed international retailers and startups backed by global tech investors.
India's biggest e-commerce company Flipkart's CEO and co-founder, Sachin Bansal, will step down and be succeeded by its other co-founder Binny Bansal, in a move viewed by some as a step towards a stock market listing.
Taking lessons learnt from its daily battles with India's choked roads and cramped cities to some of its largest developed markets, Amazon is exporting a model of cheaper deliveries and reduced warehousing costs.