Page 83 - Peerzada Abrar

Tier-2 & 3 regions are goldmines for e-commerce firms: Amazon India V-P

Amazon India has witnessed a significant demand for services from Tier-1 and Tier-2 regions for its flagship sale event

Consumer companies expect strong sales revival this festival season

There are expectations of a good kharif crop as well

E-com giants clock $3.5 billion in first four days of festival sales

If this trend is maintained, the figure may cross $5.9 bn during the first week

Gameskraft Technology faces Rs 21,000-crore tax notice for 'GST evasion'

The Council is expected to meet next month to take up the panel's report on the issue

1.6 mn users per second on Flipkart app as 'Big Billion Days' sales kick in

Early trends indicate that the overall consumer sentiment towards festive shopping is positive

WhatsApp Pay India head Manesh Mahatme quits, likely to return to Amazon

Mahatme played a role in helping WhatsApp to win regulatory approval to more than double the number of users of its payments service in India to 100 million

Inclusion of OTT platforms in Telecom Bill maybe a risk to digital economy

The Department of Telecommunications (DoT) released the draft Indian Telecommunication Bill, 2022, late on Wednesday

E-com firms ramp up hiring delivery staff to meet festival season demand

Companies such as Flipkart, Amazon, Meesho and Myntra are gearing up to host their biggest festive sale events without covid restrictions for the first time in three years

Amazon, Flipkart HQs get battle-ready: Draw up sales strategy in war rooms

E-commerce firms are also bringing in various technology interventions that will help them handle the scale of business this season and enhance customer experience

Edtech major Byju's Rs 1,500-cr payment to Blackstone by September-end

The most-valued edtech start-up made headlines earlier this month after its FY21 numbers received an unqualified report from the company's auditor, Deloitte Haskins & Sells

Byju's focusing on profitable growth, $2 bn revenue in sight: CEO to staff

Byju's, which is valued at $22 billion, said last week it had earned Rs 2,428 crore in revenues in FY21 and incurred a loss of Rs 4,588 crore

Meesho taps Bharat in its battle with Amazon, Flipkart this festive season

The SoftBank-backed firm is expecting 80% of its orders to come from rural India, which includes small towns and cities

Restructuring at Ola group likely to take away 200 engineering jobs

Aim is to minimize redundancy and centralise operations, says company

Walmart India team playing key role in innovation: CEO Doug McMillon

He added that they've changed the way people spend and save and their perception of value as well as how they travel, communicate, and work

Did Byju's bite off more than it could chew?

Education technology company Byju's FY21 revenues came in flat, and its losses have widened about 20 times. While it may survive this crisis, questions still remain around the future of the unicorn

Trying to be prudent in this macroeconomic environment: Flipkart CEO

'We have focused on compliance as a very key and fundamental pillar of the company for the last several years', he said

We are set to conduct the biggest fashion festive sale: Myntra CEO

Myntra platform is geared to handle 13,000 orders per minute during the online fashion retailer's festive sale event this month

Edtech start-up upGrad acquires corporate training solutions firm Centum

Company led by entrepreneur Ronnie Screwvala is on an acquisition spree and last month bought Exampur, a test-prep provider for state jobs

With a loss of Rs 4,588 crore, Byju's FY21 report card has many red marks

Raising hopes for the subsequent year, 2021-22, the company disclosed unaudited results that show nearly Rs 10,000 crore in gross revenues

We are being penalised far more than we should have been: Byju Raveendran

In growing fast, we would have overlooked a few things and that's why we are being penalised a lot more than we should have been