Brokerage firm UBS said that the ‘etail’ market in the country is well placed for growth and could be worth $50 billion by 2020.
India is currently estimated to be one of the fastest growing e-commerce markets in the Asia-Pacific region.
Flipkart said Peeyush Ranjan from Google will join the company as Senior Vice President and Head of Engineering.
The National Payments Corporation of India (NPCI) said it has completed system integrations to enable e-commerce transactions through RuPay cards of the public sector banks.
Xiaomi will not be exclusive to Flipkart anymore as the company has decided to start selling its smartphones on other eCommerce sites such as Snapdeal and Amazon as well.
BHarti Airtel is set to launch Zero — an open, non-discriminatory platform for e-commerce app players, which it terms as a B2B service for the over-the-top (OTT) players.
eCommerce major Snapdeal has picked up majority stake in digital financial products platform, RupeePower, for an undisclosed amount through a stock and cash deal. The move will help Snapdeal...
NOFN, which seeks to connect 250,000 gram panchayats through broadband optical fibre network, can be an important driver for e-commerce.
Mobile commerce is likely to overtake eCommerce in the next few years, spurred by the continued uptrend in online shopping and increasing use of mobile apps, says an industry...
Increasing Internet penetration and growing preference for online shopping is expected to push the digital commerce market to over Rs 1 lakh crore this year