In a rare public feud between large technology companies, Amazon.com Inc said on Tuesday its Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service.
E-commerce companies generated sales of an estimated Rs9,000 crore in the festive season sales offered last week on most platforms, research firm RedSeer Consulting said Monday.
Uber’s new boss apologised to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its licence in one of its major markets.
Aditya Birla Group will shut down its online shopping portal Abof.com by the end of this year, failing to sustain intense competition from the sector giants Amazon and Flipkart.
E-commerce majors Flipkart, Amazon and Paytm Mall have seen a huge spurt in smartphone purchases on the first day of their festive season sales, beating last year’s figures.
San Francisco based Slack Technologies Inc. raises $250 million funding round led by SoftBank Group Corp.’s Vision Fund, valuing the startup at $5.1 billion. According to the reports, Slack will be utilising the funds for expansion in an increasingly competitive market for workplace messaging services. The Vision Fund was joined by Accel and other investors, Slack […]
E-commerce giants like Amazon, Flipkart, Myntra, and Paytm are gearing up to launch their festive sales. CashKaro.com has analyzed past trends to identify marketing strategies that e-commerce websites will use to amplify their sales during this period. Incentivizing Wallet Payments By capitalizing on the cashless wave, payment through self-funded mobile wallets has become a widely used strategy. Customers […]
India’s Paytm Payments Bank is in talks to partner with full-service banks to offer services such as loans and term deposits which it cannot do on its own due to regulatory restrictions, its chief executive told Reuters. Payments banks are niche banks that were allowed by the Reserve Bank of India in a bid to […]
One97 Communications’, Digital mobile wallet Paytm has rebranded one of it’s services earlier called Paytm Postcards, a digital option to gift money to someone on festive occasions, to ‘Lifafa‘, after having received a notice from India Post asking them to stop using the term ‘postcard’.
Myntra co-founder Mukesh Bansal and former Flipkart executive Ankit Nagori’s health and fitness platform CureFit, has raised a fresh round of funding of $25 million from existing investors Accel Partners, Kalaari Capital, IDG Ventures and UC-RNT fund, a joint investment vehicle of the University of California and Ratan Tata’s RNT Associates. The new round expects to […]
Male grooming products manufacturer, Bombay Shaving Company has raised $2.5 million from Fireside Ventures and high net-worth individuals (HNIs) including senior executives from McKinsey & Co. The pre-series A funds will be used for brand building initiatives and introducing new products. Started in 2016, Bombay Shaving Company sells a premium range of shaving products including […]
In the past centuries, several sectors have seen tremendous growth. And ever since the startup bubble, things have started to move over to cloud. General utilities like groceries and bathroom kits, food, furniture and even heavy electronics are some mere clicks away. With this advent of “finding everything online” some sectors are still expecting attention […]