Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and big sellers of refurbished products across the country to connect with last-mile customers. “The demand for refurbished products is surging,...
Amazon and Walmart-owned Flipkart have reportedly been accused of violating India’s antitrust laws. An investigation found that the two eCommerce rivals broke the competition rules by prioritizing select sellers on their websites, Reuters reported Thursday (Sept. 12), citing reports by the Competition Commission of India (CCI). The CCI had launched an...
Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. The company has added FASTag, direct-to-home recharges, landline, broadband and mobile prepaid bill payments to its app, Flipkart said in a Wednesday (July 10)...
Walmart-owned Indian eCommerce firm Flipkart has launched a Unified Payments Interface (UPI) payment app that offers up to 5% cashback on purchases. The new super.money app is available on the Google Play store. “Unlike other UPI apps, we’ll never offer you useless coupons, scratch cards or coins,”...
February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), […]
August 23, 2019
Alt lending, and, of course, digital payments, were top of mind for investors targeting India FinTechs these past few weeks. We take stock of two quarters and the YTD —...
June 07, 2019
While it might not look like much at first glance, an escalating legal spat between Walmart-owned, Indian eCommerce marketplace Flipkart and a small, relatively unknown New Delhi wearables maker might...
September 03, 2018
Cash continues to command the loyalties of consumers in India. However, as demonstrated this summer, the country is not only embracing digital payments, but increasingly attracting competition from some of...
December 22, 2024
The world’s most populous country is also one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” for that sector, EMQQ Global Founder Kevin Carter told CNBC in an interview Sunday (Dec. 22), “not just in emerging markets, but on the planet.” Carter’s company, the report said, is behind […]
September 25, 2024
Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and big sellers of refurbished products...
September 12, 2024
Amazon and Walmart-owned Flipkart have reportedly been accused of violating India’s antitrust laws. An investigation found that the two eCommerce rivals broke the competition rules by prioritizing select sellers on their websites, Reuters reported Thursday (Sept....
July 11, 2024
Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. The company has added FASTag, direct-to-home recharges, landline, broadband...
