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E-commerce companies in the country are estimated to have raked in sales worth Rs 15,000 crore in about five days of their festive sales with giants like Amazon India and Flipkart claiming stellar show across categories like smartphones, large appliances and…
Chinese internet giant Alibaba has been discussing the acquisition of Indian online marketplace ShopClues, which is valued at more than US$1 billion. Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with larger rival ShopClues,…
India – not China – is set to become the fastest growing B2C eCommerce market of the BRIC countries in the next five years. A new publication by Germany-based secondary market research expert yStats.com India B2C eCommerce Market 2015 also reveals the main…
ShopClues has partnered with a South Korean trade body to enroll 30,000 wholesale merchants, allowing them to sell directly to Indian businesses and consumers through its online marketplace. ShopClues will provide cataloguing, delivery payment and customer…
