Remove tag flipkart
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Flipkart Ups Its Offer For Snapdeal

PYMNTS

Flipkart, the Indian eCommerce company moved to raise its offer of to up to $950 million for Snapdeal, boosting the chances of the deal going through. A previous Reuters report pegged the price tag for the deal at between $800 million and $850 million, which Snapdeal’s board rejected. Flipkart is backed by Microsoft Corp.,

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How Clothing Stores Are Driving Retail Innovation

PYMNTS

In addition, India’s Flipkart and Germany’s Otto and Home24 also compete with IKEA. “Of Of course, you can see online players such as Amazon and Flipkart growing,” Juvencio Maeztu, IKEA’s CFO, said earlier this year. What is more relevant than ever is to be as close as possible to the consumer — it has much more power than before.” .

Retail 58
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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Consider the fact that the Competition Commission of India ordered an inquiry last month that would look at the discounting policies of Amazon and Flipkart , as well as the agreements struck with third-party sellers. Amazon India and Flipkart stated that they are both studying the proposed tax.