Brand Updates

 
Govt looks into Flipkart, Amazon discounts after retailer complaints

Tuesday, October 15, 2019, 5:41 PM

Govt looks into Flipkart, Amazon discounts after retailer complaints

The government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters. India introduced new rules in February aimed at protecting the 130 million people dependent on small-scale retail by deterring big online discounts. The rules forced e-commerce firms to tweak their business structures and drew criticism from the United States, straining trade ties between New Delhi and Washington. While Amazon and Flipkart say they've complied with the federal rules, local trader groups say the two companies are violating them by burning money to offer discounts - of more than 50% in some cases - during the ongoing festive sales.

Brand Updates

 
Amazon, Flipkart festive sale generates over $1.8B sales in first 3 days, may hit $3.7B in six days

Saturday, October 5, 2019, 10:57 AM

Amazon, Flipkart festive sale generates over $1.8B sales in first 3 days, may hit $3.7B in six days

Online retailers in India have clocked $1.8 billion in gross merchandise value (GMV) during the first three days of the ongoing festive sales and are on track to hitting the $3.7 billion sales mark by the end of the six-day sale period, a leading business daily said quoting a report from RedSeer Consulting, which tracks the e-commerce market in India. Although RedSeer did not break out individual sales numbers of the two largest players in the market — Flipkart and Amazon it said that consumers preferred shopping for fashion on Flipkart but bought electronics on Amazon due to lower prices and faster delivery. According to the report, 55% of the GMV for the sector was driven by mobiles, similar to previous years. Categories like electronics, fashion, and furniture also witnessed growth in GMV.

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Buying From Amazon And Flipkart: Check Seller Rating

Friday, April 12, 2019, 6:49 PM

Buying From Amazon And Flipkart: Check Seller Rating

Buying From Amazon And Flipkart: Check Seller Rating Most people love online shopping. Be it buyi ...

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Stories of How Scamsters Have Cheated Flipkart

Monday, March 18, 2019, 5:14 PM

Stories of How Scamsters Have Cheated Flipkart

Stories Of How Scamsters Have Cheated Flipkart Homegrown online shopping portal, Flipkart, is India's largest and most loved online shopping po ...

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A Story Of How Dr. Fraud Cheated Online Shopping Sites

Friday, March 1, 2019, 7:33 PM

A Story Of How Dr. Fraud Cheated Online Shopping Sites

You must have heard of fake online shopping portals cheating innocent people, by not delivering the ...

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How to cancel order on Flipkart?

Thursday, January 24, 2019, 3:14 PM

How to cancel order on Flipkart?

Flipkart is India's largest e-commerce company selling various products like clothes, footwear, mobile phones, laptops, refrigerators, washing mac ...

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Top 5 Online Furniture Stores In India

Wednesday, January 23, 2019, 4:46 PM

Top 5 Online Furniture Stores In India

Many people prefer online shopping over offline shopping for almost all products ranging from stationery to furniture. Gone are the days when furnitur ...

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How to delete your data before selling your Smartphone?

Friday, January 4, 2019, 6:28 PM

How to delete your data before selling your Smartphone?

How to Delete Data Before Selling Your Smartphone? Selling old mobiles phones is very easy and ca ...

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How you can avoid buying fake products online: Review by IndianMoney

Thursday, November 29, 2018, 6:56 PM

How you can avoid buying fake products online: Review by IndianMoney

Receiving fake products instead of the genuine article is the biggest problem faced by online shoppe ...

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How To Sell On Flipkart?

Monday, October 29, 2018, 5:19 PM

How To Sell On Flipkart?

Flipkart is India's largest online store, which sells a huge range of products across India. Just like Amazon, Flipkart is also an intermediary th ...

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