Page 66 - Flipkart

Flipkart claims Billion Capture smartphone sold out on day one

The "Made for India" smartphone went on sale from midnight on November 15, and was sold out on the same day.

Flipkart switches to consumer brand mode

Mobiles to TV, washing machines to ACs, firm plans own brand across product lines

Flipkart looking to 'Chinese' model of e-commerce growth via acquisitions

From Myntra and Jabong to PhonePe, and now talks with BookMyShow, Swiggy, UrbanClap - Flipkart could be eyeing stakes in or buyouts of smaller peers to grow its own top line

Flipkart says competition has been snuffed out this festive season

Flipkart, the country's biggest e-commerce marketplace, said it had "obliterated the competition" during its month-long festive sale period. It says sales rose over four times compared to its normal working days.Prior to the start, its target was capturing 70 per cent in India's online commerce space. Without giving any data to subtantiate, its senior director, Smrithi Ravichandran, said: "We have made the competition irrelevant and surpassed them on every count. In a lot of categories where we were the underdogs going in, we believe that we have beaten them. I hope independent folks can attest this but we're certain we've won."Flipkart said it was able to grow sales in every major category on its platform -- smartphones by five times, large appliances by 10 times, fashion and home by four times and electronics by seven times, compared to 30 days in a non-sale period.Ever since the start of this festive sale season on September 20, there has been a war of words between Flipkart and ...

Flipkart app crosses 100 million downloads mark on Google Play Store

Flipkart's app holds a high average score of 4.4 from over 4 million users on Google Play Store

Flipkart to invest $500 million in PhonePe

The announcement comes a day after the Reserve Bank of India said inter-operability of e-wallets will be enabled in phases

Flipkart commits $500 mn in PhonePe to take on Google, FB in UPI payments

Overall, Flipkart has so far ploughed $75 million into PhonePe since it acquired the company in 2015

Flipkart enters large appliance market with 'MarQ'

Flipkart says large appliances sold under its brand name MarQ will cost between 10 and 20% less than products with similar specifications on its platform

Prep lessons that gave Flipkart a leg-up

The e-tailer focused on product selection, affordability and service levers to dominate this year's sale season so far

Flipkart offers personalised experience for festive sale

Flipkart has also tested with providing customers various options to pay for goods

Flipkart aims to capture 50% of total online smartphone sales

Mobile phones are one of the most popular items sold through e-commerce sites in India

India@70: It's consumer focus that builds successful firms, big or small

Flipkart, IndiGo have redefined services that have become the benchmark for consumers

Flipkart to promote staff participation in talent meets with Rs 3 lakh assistance

The only criterion for this new programme is employment at Flipkart for at least six months

Masayoshi Son confirms SoftBank is still in talks to back Flipkart

This, despite SoftBank-backed Snapdeal backing out from a merger deal with Flipkart

Flipkart to woo festive shoppers, eyes 80% share of large appliances market

The company says it has begun raising stock levels for higher demand during upcoming sales

Infinix debuts in India with battery-centric Note 4, Hero 4 Pro smartphones

The Infinix Note 4 and Hero 4 Pro are Flipkart exclusive and will go on sale starting August 3

Flipkart's mystery 'new kid' handset is battery-centric Samsung smartphone

The e-commerce major has been promoting this smartphone without giving out name or details

Flipkart among MIT Technology Review's 50 smartest companies globally

India's largest e-commerce marketplace Flipkart's resilience against the onslaught from global rival Amazon has earned it a spot in MIT Technology Review's list of '50 Smartest Companies' for the year 2017.Flipkart is placed in 36th position on MIT Technology Review's list, which included the usual suspects such as Alphabet, SpaceX, Microsoft, Facebook and Apple. The recognition comes as the Indian firm turns 10-years old."Amazon's aggressive investments in India have upended the country's e-commerce industry, but Flipkart-India's largest online marketplace-keeps battling back," MIT Technology Review says on its website. "To further boost its competitiveness, Flipkart is expanding its private-label product lines and hiring AI experts to improve product search and recommendations on its website."While Flipkart featured onto MIT Technology Review's list, Amazon, the Indian firm's biggest rival almost topped it. The US online retailer was beaten only by NVIDIA and Elon Musk's SpaceX in ..

Flipkart starts month-long plan for CEO, execs to meet small-town customers

India's largest e-commerce marketplace Flipkart is turning to customers from smaller towns to help figure out how to grow its business beyond large metros. The company has kicked off a month-long programme where top executives will meet with customers to collect feedback on ideas to "help drive the next phase of growth". Claiming to have crossed the 100 million customer mark last year, Flipkart believes that its next 100 million customers will come from smaller towns. As part of its 10th anniversary celebrations, Flipkart employees, including CEO Kalyan Krishnamurthy, will visit customer homes across India, especially those from tier II, III and IV towns. "Customers are at the heart of everything we do, which is why all our work in the past decade was done to simplify and bring value to our customer's life. As we dedicate this month to our customers, we would like to take this opportunity to get to know them better by personally interacting with them," said Krishnamurthy, in a ...

Flipkart claws back market share from Amazon until March 2017: Naspers

India's largest e-commerce marketplace Flipkart clawed back market share from rival Amazon, showing steady growth in the nine months to March 2017 immediately after which it raised a massive $1.4 billion round at a valuation of $11.6 billion. According to Naspers, which is one of the largest investors in Flipkart, the Indian e-commerce firm's market share among the top three players in India grew to around 57 per cent in March 2017 from 45 per cent in June 2016. Part of the increase in Flipkart's market share was on account of reporting sales of Myntra and Jabong since September 2016. "Competition has intensified in the past year, with Amazon gaining market share in the early part of the year. Flipkart has maintained its leadership position, with recent market share trends suggesting gains," said Naspers, the South African internet investor in a statement announcing its annual results. The growth prompted Naspers to participate in Flipkart's latest funding round with an investment ..