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Paytm today said its e-commerce platform, Paytm Mall, has crossed sales of Rs 100 crore from the two-wheeler category. "Paytm Mall has noted a massive surge in two-wheeler sales over the last year as sales figures crossed Rs 100 crore. The company is currently witnessing over 3X quarter-on-quarter growth in the number of vehicles sold," Paytm said in a statement. Launched in February 2016, Paytm Mall's two-wheeler booking platform includes offerings from brands like Suzuki, Honda, Hero and Yamaha, among others. The company sold 50,000 units in 2016. The aim is to sell over half a million two-wheelers this year, the statement said. "Our goal is to partner with offline stores by helping them grow their business online rather than to cannibalise their sales. We aim to bring brand ...

Apple Inc has registered domain names related to automobiles, adding to speculation about the company's plans to develop an automobile. The iPhone maker registered the domain names, which include apple.car, apple.cars and apple.auto in December, according to domain information provider Who.is. MacRumors had first reported the news on Friday, but said the domain names could be related to Apple's CarPlay, which lets drivers access contacts on their iPhones, make calls or listen to voicemails without taking their hands off the steering wheel. While never openly acknowledging plans to build a car, Apple has been aggressive in recruiting auto experts from companies such as Ford or Mercedes-Benz. Car technology has become a prime area of interest for Silicon Valley companies includin...

Tag: automobiles

Paytm Mall Surpasses Rs 100 Crore Sales in Two Wheeler Category

Apple registers automobile domain names, including “apple.car”