Walmart-owned Flipkart on Monday launched a contactless, QR-code-based payment facility for all its pay-on-delivery shipments. Consumers who opt for cash on delivery can use this facility, scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery, a statement said. This will help those consumers, who opted for cash on delivery, who can use this facility to scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery. The payment method not only ensures greater safety for consumers at a time when they are looking to minimise personal contact but also addresses the trust deficit that many consumers might face, the statement said. The payment constructs and in-house fintech innovations of Flipkart are empowering new-to-internet customers and helping bring the next 200 million users to the platform, it added. "As the lines between e-commerce ..
The funding -- from SoftBank, Abu Dhabi's ADQ, CPPIB -- is expected to set the stage for Flipkart's IPO in the US by next year and increase its valuation to about $50 bn, say sources
Techy conglomerate investing in Flipkart at a time when Reliance Industries and Tata are betting big on e-commerce as well.
Our top headlines on Friday track the latest developments
The company will roll out 1 million self-test kits starting today and based on consumer demand, it will make 7 million units available per week
Sellers get secured and unsecured loans at interest as low as 9%; sanctions and disbursals within 24 hours of application
Additional hiring to meet demand for home delivery as people continue to remain indoors due to coronavirus pandemic
Flipkart has hired 23,000 people across its supply chain, including delivery executives, in the last three months as the e-commerce marketplace strengthens the supply chain to fast deliver products
Walmart-owned Flipkart on Friday said its Kirana partners across the country registered an increase of nearly 30 per cent in their average monthly delivery incomes in 2020.
Kirana partners from Hyderabad saw the highest growth followed by those from Ahmedabad, Mumbai, Bengaluru and Pune
Traders' body CAIT on Thursday urged the government to investigate the "blatant" violation of FDI and taxation rules by e-commerce major Flipkart, alleging that the Walmart-owned firm had "creatively" restructured its business model to exercise control over inventory and retail prices.
From Asus ROG Phone 5 to Realme Narzo 30 Pro 5G, Flipkart has offers on several smartphones, here a list of phones you can check out
Strength in India, Canada, China helps Walmart International post $27.3 bn net sales; 8.3% decrease
Reports to CEO Kalyan Krishnamurthy; Development comes amid company plans for IPO
The Walmart-backed e-commerce firm has relaxed the deadline for this year's goal-setting so that employees can completely focus on their health and well being.
Plans to add over 800,000 sq ft of space through 5 new fulfilment centres over the next three months, in Delhi, Kolkata, Chennai, Coimbatore and Hyderabad
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Walmart-owned Flipkart said it plans to expand its fulfilment centre capacity for grocery by more than 8 lakh sq ft over the next three months across Delhi, Kolkata and other cities
The offer holds for policies between Rs 50,000 and Rs 3 lakh; exempted storage fees for MSME partners