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Posts tagged with "ecommerce"

ACQUISITION

Tata Group to acquire 68 percent stake in BigBasket for $1.3 billion

February 16th, 2021

Tata Group will buy a 68% stake in online grocery startup BigBasket for $1.3 billion.

Market

South Korea eCommerce platform Coupang revenue surge ahead of IPO

February 15th, 2021

Founded in 2010, eCommerce platform Coupang revenue Surge ahead of IPO.

News

Jeff Bezos will step down as CEO of Amazon

February 3rd, 2021

Jeff Bezos will be replaced by Andy Jassy, who runs Amazon's cloud computing business.

News

Walmart Launch Fintech Startup in partnership with Ribbit Capital

January 18th, 2021

Walmart Announces Creation of New Fintech Startup, partners with industry leader Ribbit Capital to offer next generation digital financial products.

BUSINESS

Logistics Company Ecom Express expands to Bangladesh

January 15th, 2021

Ecom Express invested USD 11 million in Bangladesh's largest third-party e-commerce logistics firm, Paperfly to expand its outreach.

BUSINESS

Pet Care Industry Continues to Grow Amid Pandemic

December 22nd, 2020

One industry that has been quietly making steady growth during this pandemic is pet care. Read our report here.

ACQUISITION

FedEx to acquire eCommerce platform ShopRunner

December 7th, 2020

FedEx acquireS ShopRunner, the e-commerce platform that connects online shoppers with their favorite merchants and brands.

FUNDING

PhonePe Raises $700 million at $5.5 billion valuation

December 3rd, 2020

Flipkart separated its payment unit PhonePe, as the digital payment firm raises $700 million in funding valued at USD 5.5 billion.

News

Shopify Merchants Cash In Record $5.1+ Billion in Holiday Sales Worldwide

December 1st, 2020

Leading global commerce company Shopify Merchants Break Records with $5.1+ Billion in Worldwide Sales over Black Friday/Cyber Monday Weekend.

INDIA

Indian eCommerce platforms reported USD 8.3 bn GMV during festive Sales

November 28th, 2020

India's e-commerce companies reported USD 8.3 billion in gross sales during the festive sale season.

FUNDING

Bangladesh based ShopUp raises $22.5 Million in Funding

October 20th, 2020

ShopUp raises $22.5 million in a Series A round funding led by Sequoia Capital India and Flourish Ventures.

News

Amazon Sends Legal Notice to Future Group over Asset Sale to Reliance Group

October 12th, 2020

eCommerce giant Amazon sends a legal notice to Future Group over its asset sale to Reliance Industries.

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