Reporting and analysis on retail, e-commerce, and consumer trends in India, updated continuously by our newsroom.
Singtel has confirmed it has arranged to indirectly increase its stake in Thai mobile affiliate AIS, and revealed it will also increase its share in India’s Bharti Airtel. The operator announced it has entered a conditional agreement to acquire 21% of Thai…
Premium Indian mall rents have risen “significantly” in the first six months of 2016. A report by property consultant CBRE South Asia shows rental rates at India’s more up-market shopping centres were led by major cosmopolitan mall clusters Noida (rising by…
India is on track to corner a 13.5% share (approximately 180 million smartphones in circulation) of the total global smartphone market by 2019, up from 7.5% today. This was revealed by a joint study conducted by the Associated Chambers of Chambers of Comerce…
Working with local partners, Google India has made online ordering and restaurant bookings easy. When people use their phones to search Google for nearby restaurants, the search results offer an option to “place an order”. By tapping the option, users can…
While Apple India has big plans, a new report from Strategy Analytics says the US tech giant shipped 800,000 smartphones in India in the second quarter of this year – down from 1.2 million units in the same period last year. “Apple IOS fell 35 per cent”…
Flipkart-owned Indian online fashion company Myntra has added two international brands to its platform, Toms and Meters/Bonwe. This makes Myntra home to more than 30 global brands, says its head of international brands business, Gunjan Soni. US-based Toms is…
India’s Department of Telecom has set the date for India’s largest spectrum auction to date, announcing that bidding will commence on September 29. The massive auction will be preceded by a pre-bid auction on Saturday. The government has also pledged to make…
Singapore-based online marketplace Carousell has raised US$35 million in a funding round led by Rakuten Ventures. Other investors in the Series B funding round included Golden Gate Ventures, Sequoia India and 500 Startups. Founded in 2012, the Carousell app…
India’s Idea Cellular has reported a steep 36.1% decline in net profit for its fiscal first quarter to 4.97 billion rupees ($74.4 million), as spectrum and investment costs weighed down the operator’s bottom line. But Idea, the nation’s third largest mobile…
The number of Indian tourists to Bali reached 92,731 people, during the first semester of 2016, up 55.83 percent from 59,509 people during last years same period. Data from the Central Bureau of Statistics (BPS) showed that the tourist arrivals from India…
Having consolidated operations in India in the last couple of years, Czech car maker, Skoda Auto is pursuing volumes from 2017. The company plans to invest Rs 100 crore in revamping the dealership network with new identity and introduce series of service…
The Lenovo-Motorola India combine has applied for single-brand retail licence to open company- owned showrooms. This comes on the heels of the Chinese company’s mobile sales in India crossing the US$1 billion mark. Lenovo India’s director Sudhin Mathur…
Japan’s Ryohin Keikaku, operator of lifestyle retail store Muji, plans to introduce more in-store services and new concept stores in Southeast Asia, as consumers in the region gain more spending power and their spending habits become increasingly…
Bharti Airtel’s CEO Gopal Vittal has suggested that the operator’s participation in India’s upcoming massive spectrum auction may be limited. Vittal told attendees to an earnings call that the operator is “in a very solid position” with its current specturum…
A year ago, Jabong’s founders turned down $700 million plus from Amazon; this week they sold for $70 million to Flipkart’s Myntra. Indian eCommerce site Flipkart has sealed a shock deal to acquire Jabong, the nation’s third largest online fashion retailer.…
Mahindra Comviva has launched the MobiLytix Suite, a big data-driven mobile analytics solution that generates actionable customer insights. The solution aggregates subscriber usage data across multiple touch points, enabling deeper and superior customer…
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