News
Flipkart invites its e-commerce users into the Flipverse
Flipkart teams with eDAO to launch its metaverse offering, Flipverse, as it banks on metaverse and Web3 to drive the future growth of online retail. Read more…
Flipkart
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Tencent subsidiary buys a stake in Flipkart worth $264 million
Amid the ongoing scrutiny of Chinese companies, Tencent has acquired a stake worth $264 million in Indian e-commerce major Flipkart. Read more…
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Flipkart Labs sets its sights on Web3 and the metaverse
Flipkart has set up a new innovation arm, Flipkart Labs, to focus and test new Web3 and metaverse use-cases with real-world applications. Read more…
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Flipkart Health+ platform targets India’s digital health sector
Flipkart aims to crack India’s growing e-pharmacy and online health segment with the launch of its Flipkart Health+ platform. Read more…
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India warns Walmart’s Flipkart founders they could face $1.35 billion fine
India’s financial-crime agency has asked Walmart’s Flipkart and its founders to explain why they shouldn’t face a penalty of $1.35 billion. Read more…
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Flipkart says it should not be treated like Amazon in Indian antitrust probe
Walmart’s Flipkart should not be treated the same as rival Amazon in an Indian antitrust probe as the evidence was “qualitatively different”. Read more…
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Indian Minister slams arrogant US tech giants for flouting local laws
Indian Commerce Minister Piyush Goyal accuses US e-commerce giants of being arrogant, flouting local laws and indulging in predatory pricing. Read more…
Features
Flipkart, Amazon India antitrust case accelerates as watchdog targets tech
India’s antitrust watchdog plans speed up a probe into allegations of anti-competitive behaviour at Amazon and Walmart’s Flipkart. Read more…
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Indian court dismisses pleas by Amazon, Flipkart to quash antitrust case
Indian court has dismissed pleas by Amazon.com and Flipkart to quash an antitrust investigation into the business practices of the US firms. Read more…
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Flipkart and PhonePe growing so fast there is room for more investors
Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways. Read more…
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E-commerce players in India will ask sellers to list the country of origin
E-commerce players in India such as Flipkart will consider asking sellers on their platforms to list the country of origin on products. Read more…
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India’s lockdown disrupting e-commerce companies Amazon and Flipkart
India’s coronavirus lockdown is disrupting e-commerce companies including Amazon and Flipkart, despite government assurances it would not Read more…
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India launches antitrust probe of Amazon and Walmart’s Flipkart
India has ordered investigation of Amazon.com and Walmart’s Flipkart over alleged violations of competition law in latest setback for the e-commerce giants Read more…
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Record first day India festive sales for Flipkart, Amazon
Flipkart and rival Amazon said both made record sales in the opening day of their annual festive season sales in India that kicked off over the weekend. Read more…
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Indian trade body asks Govt to stop Amazon, Flipkart discounting
A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon’s local unit and its rival Flipkart. Read more…
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Amazon, Flipkart unlikely to participate in India antitrust study
Amazon.com and Walmart’s Flipkart are unlikely to fully participate in an Indian antitrust body’s study of the e-commerce sector. Read more…
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Flipkart in talks to buy Indian grocery chain Namdhari’s Fresh
Walmart-owned e-commerce firm Flipkart is in talks to buy Indian grocery chain Namdhari’s Fresh, CNBC-TV18 reported on Wednesday, citing sources. Read more…
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Flipkart fears customer disruption from Indian e-commerce curbs
Flipkart has told the Indian government the company faces the risk of “significant customer disruption” if new curbs for e-commerce are not delayed. Read more…
News
Online sellers appeal against India CCI ruling favouring Flipkart
A group representing online sellers in India will appeal against the Competition Commision of India’s (CCI) ruling in favour of Walmart-owned Flipkart Read more…
News
India will ban e-commerce companies under new rules
NEW DELHI/MUMBAI (Reuters) – India will ban e-commerce companies such as Amazon.com and Walmart-owned Flipkart Group from selling products from companies in which they have an equity interest. In a statement, the government also said Read more…