etailer

Online beauty products retailer Purplle has closed a $40-50 million funding round, split between primary and secondary transaction, at a flat valuation of $1.1 billion, people aware of the matter said.As part of the secondary transaction,…

Ecommerce major Amazon has increased commissions and fees collected from sellers across multiple categories including electronics, beauty, apparel, eyewear, pharmaceuticals, home, and pets.This could potentially increase prices for…

SHANGHAI : German luxury e-tailer Mytheresa is refocusing its efforts to grow its business in China, a notoriously competitive e-commerce landscape dominated by local giants Alibaba and, increasingly, Douyin, the Chinese version of…

Multiple cities across India are now connected to the 5G network. To access next-gen internet connectivity users have to own a 5G-enabled phone. E-commerce giant Amazonhas announced the 5th Gear store for 5G smartphones. The sale will…

As the Flipkart- PhonePe separation process was formally announced on Friday, Kalyan Krishnamurthy, CEO of the Flipkart group, sent an internal note to the web e-tailer’s employees informing them about "a one-time discretionary cash payout…

Just like the other major tech concerns, e-tailer giant Amazonhas also announced massive workforce reductions to cut costs over the past few weeks. Apart from job cuts, Amazon has also started pulling the plug on some of its other online…

Amazon, like several other tech companies across the world, are taking steps to be prepared for the upcoming economic downturn. As a part of this preparation, the e-tailer major has already started cutting jobs across multiple divisions and…

Rakuten India announced Thursday the formal launch of their new office Rakuten - Crimson House Bengaluru in the city- the company's largest outside of Japan. The Bengaluru facility will service the company's existing businesses like Rakuten…

The Central Consumer Protection Authority (CCPA) passed an order on violation of consumer rights by e-commerce platform ‘Flipkart’ for allowing sale of domestic pressure cookers in violation to mandatory standards. The CCPA has directed …

Furniture retailer Pepperfry has begun to overhaul its business structure as it plans to debut on India's stock exchanges. To start with, the founders Ambareesh Murty and Ashish Shah have redomiciled Pepperfry from Cayman Islands to Mumbai.…