E-business
Amazon set to challenge Apple with $900-bn market cap
20 Jul 2018
Amazon.com's stock market value reached $900 billion on Wednesday for the first time in 21 years as a listed company, bringing it closer to Apple, Wall Street's most valuable jewel
Do we really buy 'top-rated' deals online? New research may surprise you
12 Jul 2018
The position of a product in a website ranking (i.e. Amazon or Expedia) does influence how consumers search, but in many cases, it does not have an additional effect on their actual purchase decisions
RIL to enter e-commerce market riding on Reliance Retail and Jio
06 Jul 2018
With Walmart joining the fray in India’s retail market, RIL is expected to leverage its grocery retailing arm Reliance Fresh, the 215 million Jio subscribers and the power of its JioGigafibre for its e-commerce push
Traders threaten to fight Flipkart-Walmart deal in Supreme Court
03 Jul 2018
India currently allows 100-per cent foreign direct investment in e-commerce firms that operate on an online marketplace-based model and most analysts and experts expect the deal to go through
Amazon CEO Jeff Bezos added $5-bn to his wealth since 1 June: Forbes
19 Jun 2018
Jeff Bezos, the world’s richest man with a net wealth of $141.9 billion, is now $49-billion richer than Microsoft founder Bill Gates and $60-billion richer than Warren Buffett, the founder chairman and CEO of Berkshire Hathaway
Google bets $550 million on Chinese e-commerce firm JD.com
18 Jun 2018
Google has been rapidly expanding its e-commerce business, partnering with Costco, Target, and Walmart and promoting products through the Google Assistant and Google Shopping
Walmart-Flipkart deal: RBI, ED to look into alleged FDI rule violation
02 Jun 2018
The commerce ministry has asked the Reserve Bank of India and the Enforcement Directorate to look into the alleged violation of FDI rules in the $16-billion Walmart-Flipkart deal
Walmart will kill India’s domestic retail trade, warns CAIT
26 May 2018
Comparing Walmart to The East India Company, the Confederation of All India Traders says Walmart will penetrate retail trade through e-commerce, and indulge in predatory pricing and deep discounting, creating an uneven playing field for others
Amazon eyes Future Retail stake as Walmart pockets Flipkart
23 May 2018
Amazon, which lost out to Walmart in acquiring Flipkart, is reported to be in talks to acquire a 10-per cent stake in Future Retail Limited, the company which owns Big Bazaar and Easy Day
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
For $16 bn Walmart bags Flipkart
10 May 2018
The acquisition of the majority stake makes the $500-billion Walmart the largest shareholder of the Flipkart group and help it emerge the undisputed leader in ecommerce
Walmart to announce Flipkart deal this week, to acquire 70-75% stake with Google
08 May 2018
Retail major Walmart along with Google's parent Alphabet are expected to announce their acquisition of Flipkart,, India's largest e-commerce business, before the end of this week
Flipkart turns itself into a private firm ahead of Walmart deal
07 May 2018
With a second buyback of shares from investors worth $350.46 million, Indian online retail major Flipkart has turned from a holding company into a private firm in Singapore where it is registered
Alibaba’s Jan-March revenue vaults 61% to $9.9 bn
05 May 2018
Alibaba set a record of $768 billion in gross merchandise value, a measure of sales, in its financial year ended in March