Page 16 - Flipkart

E-tailing in India is expected to grow 5x to $300 bn by 2030: Redseer

There is expected to be 6 to 8-fold growth in 3PL (third-party logistics) shipments between 2022 and 2030 - from 2 billion in 2022 to an estimated 13-17 billion in 2030, according to Redseer report

CAIT files complaint against Flipkart, Amitabh Bachchan for 'misleading' ad

Traders' body CAIT has filed a complaint with the Ministry of Consumer Affairs against a Flipkart advertisement featuring Bollywood star Amitabh Bachchan on the upcoming Big Billion Days sale, terming the advertisement as "misleading". The Confederation of All India Traders (CAIT) in its complaint to the Central Consumer Protection Authority (CCPA) termed the advertisement "misleading" and against the country's small retailers. It has also sought withdrawal of the advertisement, according to a statement. CAIT demanded that a penalty be imposed on Flipkart as per relevant provisions of the Consumer Protection Act for "false or misleading advertisement" and imposition of a Rs 10 lakh fine on Bachchan. An email sent to Flipkart did not elicit a response. Bachchan could not be contacted for comments. "As per the definition under Section 2(47), Flipkart, acting through Amitabh Bachchan (endorser), have misled the public regarding the price at which mobile phones are being made available

Flipkart unveils VIP subscription programme ahead of the festive season

Flipkart is taking on Amazon by introducing a paid subscription service primarily aimed at shoppers in top cities.

How an advertisement featuring Amitabh Bachchan landed Flipkart in trouble

The Confederation of All India Traders (CAIT) wrote to Amitabh Bachchan stating that his recent ad for Flipkart spreads misinformation and hurts local businesses

Amazon, Flipkart sales could go up by 16% on festive season boost

Marketplaces like Flipkart and Amazon India earn a major chunk of their yearly gross sales in the festive period which usually lasts for a month

Flipkart appoints Microsoft's Keshav Dhakad as senior V-P, general counsel

Dhakad has moved out of Microsoft after spending 15 years with the tech giant in various roles

Final draft of e-commerce policy skips consumer data protection regulations

The earlier draft of the policy which was released in 2019 talked extensively about the ways in which e-commerce companies could collect user data

Flipkart Ventures invests in five early-stage technology startups

These investments are a part of the accelerator programme - Flipkart Leap Ahead (FLA)

Myntra to introduce changes to its return policy, lower convenience fee

Myntra said that flat charge of Rs 199 to Rs 299 per order may impact user behaviour that is adverse to Myntra's business and is likely to affect not just high-return users but also their wider circle

E-com retailers may clock about Rs 90k cr during festive sales: Redseer

This is 18-20 per cent higher than last year and will be driven by about 140 million shoppers who are expected to be transacting online at least once during this festive month

Flipkart crosses 1.4 mn sellers ahead of its annual shopping event

Businesses are using e-commerce to digitise and modernise themselves, says company

Top 5 websites to sell your old phones and get instant cash in 2023

Sell your old device at a reasonable price before buying a new device. If you are finding ways to sell old phones then here are the top 5 websites, where you can sell your old device at a good price

Flipkart to generate over 1,00,000 jobs ahead of the festive season

The e-commerce firm is planning to deliver more than 40% of shipments during the festive event through our Kirana delivery programme

Flipkart to create more than one lakh seasonal jobs in festive season

Flipkart will create over 1 lakh seasonal jobs ahead of the festive times, which will be available in different supply chains, such as fulfilment centres, delivery hubs, and sortation centres

Flipkart aims to create over 100,000 seasonal jobs ahead of festive season

Homegrown e-commerce marketplace Flipkart on Monday said it is looking to create more than 1 lakh seasonal job opportunities across its supply chain to cater to demand during the festive season. The seasonal jobs, both direct and indirect, will include those for local kirana delivery partners and women. Persons With Disabilities (PWDs) will also be employed to create a diverse supply chain talent, the company said in a statement. Ahead of the festive season, Flipkart expects to generate over 1,00,000 new job opportunities across its supply chain, including fulfilment centres, sortation centres and delivery hubs, it said. "The Big Billion Days (TBBD) is about scale, innovating for India, and impacting the ecosystem. It allows millions of new customers to experience the goodness of e-commerce, many of them for the first time," Flipkart Group Senior Vice President and Head of Supply Chain, Customer Experience and ReCommerce, Hemant Badri said. TBBD is the Flipkart sale time during whi

Why are Indian retailers obsessed with Gen Z?

Dear Gen Z, while you may not be old enough to convince your parents for the Goa trip yet, with your shopping habits, you have certainly impressed some of the top retailers in the country >

US retailer Walmart pays $3.5 billion to increase stake in Flipkart

Flipkart co-founder Binny Bansal, Accel and Tiger Global Management have fully exited the e-commerce firm by selling their stakes to Walmart

Mahindra Logistics signs pact with Flipkart for heavy commercial vehicles

Mahindra Logistics Limited (MLL) on Friday announced a collaboration with e-commerce giant Flipkart for providing a dedicated fleet of heavy commercial vehicles, assistance in route management and network operations, among others for the latter's pan India operations. Under the partnership, Mahindra Logistics will operate 32 feet single axle HCVs for Flipkart in collaboration with Daimler India Commercial Vehicles, which will run on multiple national routes, across the country, the company said. The fleet deployed by the company will primarily facilitate Flipkart's e-commerce parcel movements through hub-to-hub operations, MLL said. "We have collaborated with Flipkart and provide these pan-India dedicated line haul transportation solutions. These solutions expand our current line haul offerings for Flipkart enabling them to reduce their total cost of operations and improve service," Rampraveen Swaminathan, Managing Director & Chief Executive Officer, said. The company also said ...

Mahindra Logistics to provide Flipkart with heavy commercial vehicles

Companies announce collaboration to improve e-commerce firm's line haul transportation

Hotels, buses would contribute more than half of our biz: Cleartrip CEO

The Flipkart-owned travel tech firm said that categories such as flights, hotels and buses together are an opportunity worth $80 billion