ED Raids 19 Places Over Alleged FEMA Violations By Amazon, Flipkart
The Central agency said that its investigation is focused on determining the extent of these alleged violations
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E-commerce & Marketplaces
Economy
E-commerce & Marketplaces
Flipkart Sets New Festive Season Record With 7.2Bn Visits
- by BW Retail World Bureau
- October 29, 2024
A notable 14.86 per cent rise in unique visitors was observed from Eastern India, along with a 12 per cent growth in customers compared to last year Flipkart, India’s leading ecommerce platform, saw extraordinary engagement this festive season, recording 7.2 billion visits and an unprecedented 282 million unique visitors. This surge underscores the growing […]
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consumer
E-commerce & Marketplaces
Economy
Flipkart’s Big Billion Days 2024 Kicks Off With 33+ Crore User Visits
- by BW Retail World Bureau
- September 30, 2024
According to the company, as consumer excitement builds, early trends show that categories like mobiles, appliances, fashion, beauty, and home products are in high demand
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Retail
Festive Season: Flipkart Plans To Create 1 Lakh Jobs Within Supply Chain
- by BW Retail World Bureau
- September 4, 2024
Flipkart aims to strengthen its operational capabilities while empowering local communities and driving economic growth during this year’s festive season, the company states
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Flipkart Transforms Quick Commerce With Kirana Store Partnerships
- by BW Retail World Bureau
- April 25, 2024
The decision stems from the considerable costs and regulatory hurdles involved in setting up new dark stores In a strategic move that could redefine the dynamics of quick commerce in India, Flipkart, the ecommerce giant under the Walmart umbrella, has unveiled plans to enter this burgeoning sector. Spearheaded by Hemant Badri, who continues his role […]
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Grocery
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Flipkart Expands Grocery Presence In Andhra Pradesh, Opens New Fulfilment Centre
- by BW Retail World Bureau
- April 12, 2024
Flipkart, one of India’s leading ecommerce platforms, has inaugurated a new grocery fulfilment centre in Visakhapatnam, Andhra Pradesh, signalling its commitment to enhancing its grocery delivery services. The facility promises next-day delivery of groceries to consumers in the vicinity, including Visakhapatnam, Anakapalle, Kakinada, Rajahmundry, Srikakulam, and Vizianagaram. This marks Flipkart’s second grocery fulfilment centre in […]
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Flipkart Expands Travel Services, Now Offering Bus Booking Across India
- by BW Retail World Bureau
- April 9, 2024
Ecommerce major Flipkart has collaborated with multiple state transport corporations and private aggregators to offer bus booking on its application in addition to the flight and hotel booking services that have been available on Flipkart Travel. The company’s new service will offer the option for 10 lakh bus connections with connectivity to over 25,000 routes […]
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Myntra Revenue Soars But Losses Widen Despite Profitability Milestone
- by BW Retail World Bureau
- March 28, 2024
Myntra, the fashion platform owned by Flipkart, announced on Tuesday that it has achieved operational profitability since October last year. According to the company, its marketplace entity has been earnings before interest, taxes, depreciation and amortisation (EBITDA) positive since the last quarter of calendar year 2023, marking the first time the firm has achieved this […]
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People
Flipkart To Give 100% Employee Bonus & Merit-Linked Payouts
- by BW Retail World Bureau
- March 22, 2024
Amidst a technology sector downturn, Flipkart surprises its workforce by offering a 100% bonus to all employees and implementing merit-linked payouts for eligible staff. This initiative, extended to the majority of its approximately 22,000 employees based on eligibility criteria, reflects Flipkart’s commitment to recognising employee performance and effort. In a letter addressed to employees, Flipkart […]
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E-commerce & Marketplaces
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Flipkart Teams Up With IIT Delhi To Revolutionise Ecommerce User Experience
- by BW Retail World Bureau
- March 21, 2024
Flipkart, India’s leading e-commerce platform, has entered into a memorandum of understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT), the industry interface organisation of the Indian Institute of Technology, Delhi (IIT-D). This collaboration marks a significant step in Flipkart’s ongoing efforts to strengthen its industry-academic partnerships. Under the MoU, Flipkart will extend […]