Delivery Hero Holding GmbH on Friday announced the acquisition of Rocket Internet SE-backed Emerging Markets Online Food Delivery Holding S.à r.l, which owns food delivery startup Foodpanda and the deal brings together two of the largest players in the food delivery space. The acquisition will increase Berlin-based Rocket Internet’s stake in… Read more »
By Anirban Sen
Online fashion retailer Myntra on Thursday named marketing chief Gunjan Soni the new head of Jabong, a rival it bought last July, and said its co-founder Ashutosh Lawania has quit to start a new venture. The Flipkart-owned company is in the process reshuffling its top deck following the departure of… Read more »
Chief executives of Flipkart and Snapdeal, two of India’s largest e-commerce companies, are now touting their efforts at satisfying and retaining customers.
Unicommerce said it would not use the Paytm sellers’ data for any other purpose except for providing service to them
Budget hotels platform Oyo Room’s acquisition of Zo Rooms has run into trouble with its early investors. Meanwhile e-commerce major, Flipkart will start selling two-wheelers on its platform from next month. Oyo Room’s acquisition of Zo Rooms hits hurdle Budget hotel aggregator Oyo Rooms‘ acquisition of smaller rival Zo Rooms,… Read more »
Indonesian President Joko Widodo has launched an online marketing system (e-commerce) for agricultural products, in an effort to cut the long distribution chains from farmers to consumers. The agricultural e-commerce is part of the ‘Synergized-Actions for the People Economy’, a program that synergizes three ministries – the Communication and Information… Read more »
Chinese e-commerce giant Alibaba Group Holding Ltd has scrapped plans to inject its pharmacy business into a Hong Kong-listed affiliate.
Flipkart Ltd, India’s largest e-commerce firm, is close to naming Saikiran Krishnamurthy, a senior leader in its core commerce business, as the head of its logistics unit ekart, said four people familiar with the matter.
Although a comparatively small IPO, Infibeam’s debut is widely expected to serve as a proxy for investors’ appetite for future offerings in the e-commerce sector,
SoYoung Technology (Beijing) Co., the developer of the application, has attracted Tencent Holdings Ltd. in a financing round of $50 million. The funds will be used to develop cloud computing technology as the app considers loan-financing to help younger people get surgery.