There could be a major increase in the number of consumers for whom e-commerce will be the primary channel for shopping this festive season, as they look at sourcing even mundane items such as namkeens, sweets and other groceries through online shopping apps and websites, according to a new survey. The number of festive shoppers […]
Infibeam Avenues signs deal to license ecommerce and payment software to Jio Platforms
Infibeam Avenues said it has signed a deal to license its ecommerce and payment software to Jio Platforms, Reliance Jio’s digital platform venture.the company said in a BSE filing. Infibeam Avenues is the Gandhinagar-headquartered parent of payment gateway company CCAvenue. “We hereby inform that the Company has entered into a definitive agreement with Jio Platforms […]
Netflix releases all episodes of ‘Bad Boy Billionaires’ except B Ramalinga Raju’s
B Ramalinga Raju Netflix has finally released its web series “Bad Boy Billionaires“. All episodes except the one involving B Ramalinga Raju, the founder of Satyam Computer Services have been released. The release was made possible after a lower court in Bihar, on Saturday, vacated its own stay order on the release of ‘Bad Boy […]
Flipkart decks up with tech for festival shoppers
Flipkart is betting on new seller sign-ups, video commerce, expanded logistics infrastructure, gaming, and its personalization engine to lure shoppers online this festive season, which kicks off on October 16 with its flagship Big Billion Days sale, top executives told ET in an interview. The homegrown e-tailer expects to see increased value-conscious buying compared to […]
Flipkart’s Big Billion Days sale to begin from October 16
Walmart-owned Flipkart said it will host its largest annual sale event – Big Billion Days – for six days starting from October 16, as it looks to record its highest-grossing sale days this year amid the Covid-19 pandemic. The ecommerce marketplace said the focus of the sale would be on creating opportunities for micro, small […]
With the US government circling, Google is starting to play nice with smaller rivals
Small rivals of Alphabet’s Google say signs are emerging of more benevolent behavior from the online advertising leader amid accusations by the U.S. government and states that the company uses its dominance to thwart competition. Among the dozens of software companies who rely on Google as an intermediary to ad buyers and sellers, six told […]
Airbnb aims to raise roughly $3 billion in IPO: Report
Home rental company Airbnb is aiming to raise around $3 billion in its upcoming initial public offering (IPO), people familiar with the matter said on Friday, taking advantage of the unexpectedly sharp recovery in its business after the Covid-19 pandemic roiled the travel industry. Airbnb will be one of the largest and most anticipated U.S. […]
Facebook, Twitter, Google CEOs will testify before U.S. Senate committee
The chief executives of Facebook and Twitter confirmed on Friday that their CEOs, Mark Zuckerberg and Jack Dorsey, respectively, will appear, while a source said that Google‘s Sundar Pichai will appear. That came a day after the committee unanimously voted to approve a plan to subpoena the three CEOs to appear before the panel. Twitter’s […]
JioMart pilots milk deliveries in Bengaluru, Chennai
JioMart has started testing subscription-based daily morning deliveries of essentials like milk, eggs and bread in Bengaluru and Chennai. This will pit it directly against online food delivery platform Swiggy’s Supr Daily and Bigbasket’s BB Daily services, besides standalone player Milkbasket. Sources said the company aims to launch it nationally by Diwali, depending on the […]
JioMart bets on private labels
Illustration: Rahul Awasthi Reliance Retail has started pushing its array of existing private brands with kiranas across metro and non-metro markets, offering high margins of 20% as in-house label sales jump in online grocery. Multiple sources said this would result in higher availability of private labels on Reliance’s e-commerce platform JioMart, which is aggressively on-boarding […]