Groupon to layoff 1,100 positions, will shut operations in 7 countries
Groupon an e-commerce company provides daily deals has announced on Tuesday to layoff approximately 1,100 positions and will shut operations in 7 countries.
Groupon an e-commerce company provides daily deals has announced on Tuesday to layoff approximately 1,100 positions and will shut operations in 7 countries.
E-commerce major Snapdeal expects to be operationally profitable in the next three years and is investing heavily in building infrastructure to scale up its business. “More specifically in the next three-year period, at least in our business, I feel fairly confident that we will be at that point of profitability,” Snapdeal CEO Kunal Bahl on […]
One of Reliance Industries’ offices in suburban Mumbai became unusually busy last week. The Reason: a second batch of 10 startups joined the country’s largest private firm’s four-month acceleration programme, run in partnership with Microsoft Ventures, to help them scale up operations through mentoring and infrastructure support in exchange of technology and ideas. A month […]
Setup back in 2008, Cardekho was founded by a team of four people as an initiative towards providing a quality information in a quality environment on one of the biggest assets that a person owns in his lifetime. Recently Ratan Tata backed that Cardekho.com is acquiring Times Internet owned auto portal Zigwheels. The details of […]
Pushing on its hyperlocal offering, AskmeBazaar.com has launched its Next Day Delivery (NDD) service in Hyderabad. Bringing deals from the offline players on the city-specific page of AskmeBazaar, the portal has tied up with 70 merchants in the city across 13 categories for delivery within 24 hours. It will extend its services to Guntur, Vijaywada […]
Many emerging start-ups like BigBasket and PepperTap have started to acquire the market with their services of providing food and groceries right to your doorstep. Providing over more than 14,000 products all over from pulses to dairy and eggs and all that too online is no small thing. These startups have slammed the accelerators and […]
What we will say, Is this Narendra modi effect or what but China’s one of the largest search engine Baidu and one of the country’s biggest private conglomerates Fosun are scouting to invest in Indian startups, joining compatriots from the Middle Kingdom eager to profit from the opportunities in the world’s fastest-growing major economy. Investment […]
Rediff.com India Ltd. (NASDAQ: REDF) (“Rediff” or “the Company”), an India-based internet company which delivers digital content and commerce services, introduced ‘Conversations’, a real-time messaging platform, making it easy and secure for users to converse on topics of common interest. Users can create ‘Conversations’ on the fly and invite others to contribute. Participants can also […]
A new research report released today identifies 35 Indian companies among the global cashback industry leaders. The report analyzes the growth of the industry, its important role in worldwide e-commerce, and the trends and challenges faced by this quickly growing industry. “We identified 35 Indian companies in this worldwide ranking of cashback industry leaders,” said […]
E-commerce major Snapdeal has appointed former TaxiForSure CTO Amitava Ghosh as Vice President Engineering.
Media group NDTV Ltd that has been building up its digital commerce ventures said on Wednesday that it has attracted VC funding for its new e-commerce ventures in gadgets and car & bike at a combined valuation of close to $80 million (Rs 510 crore). It did not share further details on the funding amount […]
Axilor Ventures today announced that Kris Gopalakrishnan will be taking over as its Non-Executive Chairman. Kris Gopalakrishnan, co-founder of Infosys and its former Vice-Chairman, is recognized as a global business and technology leader. Kris was selected to Thinkers 50, an elite list of global business thinkers, for the year 2009. A Padma Bhushan awardee, he […]