Amazon India has increased focus on the high margin cosmetics category and might be in talks with local manufacturers to launch Amazon branded personal care products in India, according to a report in the Economic Times, which has been widely re-circulated by others. India's online beauty and personal care market...
Amazon India to Launch Online Grocery Marketplace
With the Government of India's approval to invest $500 million in its food retail business, Amazon India will soon commence its online grocery and food retail division. Amazon has almost doubled its authorized capital to $4.74 billion matching its earlier capital commitment of $5 billion made in June, 2016. The...
WhatsApp Partners with eTailers in India
With a 200 million plus user base that communicates in 10 Indian languages to generate 50 billion messages a day, Facebook-owned WhatsApp is turning toward businesses in India to monetize the platform. It has already partnered with travel portals MakeMyTrip and Goibibo, and is now planning to add Flipkart, utility...
India Sees Record Private Investment in Q3 2017
A report by Ernst & Young says that private equity/venture capital investments in India touched a record high of $8.7 billion in the July-September quarter, a sharp increase over last year's $3.1 billion for the same period. E-commerce recorded $2.6 billion across 18 deals primarily driven by Softbank's $2.5 billion...
e-Bay India Merges with Flipkart
Online selling platform eBay India, and Bangalore, India-based e-commerce firm Flipkart Group formally concluded their merger process. Flipkart will own and operate eBay, while the latter will function as an independent entity even as the two firms explore opportunities in cross-border trade. Customers from Flipkart and eBay will get access...
Facing its Rivals' Merger, Amazon India Recommits
In an interview with MoneyControl over Amazon's India strategy to counter a possible merger between India's largest e-commerce company Flipkart, and its rival Snapdeal, Amazon's India chief Amit Agarwal said, "... no matter what happens, even after 20 years, customers will want great selection, great product and fast delivery. So...