What Are Stablecoins? A Blockchain Expert Explains
The majority of the dozens of stablecoins that currently exist use the dollar as their benchmark asset, but many are also pegged to other fiat currencies issued by governments like…
JD.com beats second-quarter sales estimates on online strength
Global brands such as Louis Vuitton owner LVMH expanded partnerships with the company during the quarter, while other brands such as Estee Lauder Cos Inc launched flagship stores on its…
Amazon warns merchants about antitrust bills in Congress
In a prior statement, Amazon said the antitrust legislation would make it harder for merchants to make a living and reduce price competition, likely hurting consumers. Amazon.com Inc has warned…
Flipkart Wholesale rolls out new credit program to support kiranas
Flipkart Wholesale’s credit offerings, including ‘Easy Credit’ in partnership with IDFC FIRST Bank, are in line with a series of initiatives undertaken to solve local pain points of kiranas in…
Combo masks, organic rakhis in huge demand
This Rakhi season, the highest purchase and engagement have been recorded for Rakhi combos This Rakshabandhan, shoppers are availing organic rakhi options and masks on e-commerce websites. Online shopping websites…
Diwali should be very good for our sellers, consumers: Manish Tiwary, Amazon India
“Our current focus is not so much on how many billion dollars, it is more on saying ‘how can we make the maximum number of sellers successful during this Diwali?’.”…
Samsung Now Live Online Shopping Platform Unveiled; Galaxy Z Fold 3 and Galaxy Flip 3 Displays Expensive to Repair
Samsung Now will bring additional offers for shoppers who pre-book during the live event. Samsung Now is a new live online shopping platform introduced to Samsung India website for the…
Flipkart Wholesale eyes 3-fold growth in its India footprint
Launched in September 2020, Flipkart Wholesale has witnessed strong growth in the first half of 2021, spearheaded by the adoption of e-commerce by retailers and kiranas, said a company statement.…
Amazon plans to open large physical retail stores in U.S. – WSJ
Some of Amazon’s first department stores are expected to open in Ohio and California, the report said, adding that the shops will be about 30,000 square feet in size and…
Flipkart CEO Kalyan Krishnamurthy meets FM Nirmala Sitharaman
While details of the meeting were not shared, sources said the top executive informed the minister of the company’s engagement with sellers, especially MSMEs. Flipkart chief executive Kalyan Krishnamurthy on…