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Amazon runs neck-and-neck with Flipkart, as far as sale on a standalone basis are concerned, but the latter traditionally scores during its Big Billion Days.

Thu, Oct 18 2018. 11 18 PM IST

Amazon disputes data showing Flipkart ahead in festive sales

Amazon says its gross sales nearly doubled from last year’s Great Indian Festival sale

Universal Sportsbiz plans to utilise the funds to grow its offline retail network across key markets. Photo: iStock

Thu, Oct 18 2018. 05 58 PM IST

Universal Sportsbiz raises $13.5 million from Accel Partners, others

The new round of investment values the company at $160 million, against $100 million last year

Treebo and FabHotels have been trying to raise fresh capital, but potential investors have so far shied away from putting money into companies competing with Oyo.

Wed, Oct 17 2018. 11 36 PM IST

Treebo and FabHotels initiate merger talks

Treebo and FabHotels are looking for merger as investor appetite to fund hotel startups is waning following the massive funding round by Oyo Rooms

Photo: Hindustan Times

Wed, Oct 17 2018. 08 08 PM IST

Asus launches 4G smartphones Zenfone Lite and Max

Asus’ 4G smartphones Zenfone Lite and Max priced at ₹5,999 and ₹7,499, respectively, will be available on Flipkart

Walmart also predicted that its US e-commerce growth next year will be slower than the current financial year. Photo: Mint

Tue, Oct 16 2018. 05 05 PM IST

Walmart trims 2018-19 earnings forecast on Flipkart deal

Walmart indicated that the Flipkart business may take time to turn profitable, but has ‘got a lot of levers to pull’ with Flipkart

Flipkart sold 3 million smartphones on October 11, making it the single largest day for smartphone sales in India ever. Photo: Reuters

Tue, Oct 16 2018. 02 36 PM IST

Flipkart claims to have beat Amazon in fashion, mobile phones, large appliances during sale season

Flipkart claims to have amassed an unparalleled 85% market share of online fashion market in India and 75% share in both mobiles and large appliances categories.

Besides discounts and zero-interest EMIs on mobile phones, Amazon was providing another offer of free 1-year screen protection insurance.

Tue, Oct 16 2018. 12 29 PM IST

OnePlus 6, Redmi 6A top selling smartphones on Amazon

Xiaomi phones on Amazon.in registered 200% growth over last year’s sales while the growth for OnePlus mobile phones was 100%.

Almost 80 percent of Amazon’s new customers and half its new Prime members are from smaller towns too, Amit Agarwal said. Photo: Reuters

Tue, Oct 16 2018. 11 43 AM IST

Amazon India say services boosting large appliance sales

The bulk of orders for goods such as washing machines and refrigerators came from India’s smaller towns and cities, says Amazon India business head Amit Agarwal

Walmart, which has committed future investments into its India operations, banks on a growing middle class and internet usage for its fortunes. Photo: Reuters

Tue, Oct 16 2018. 09 11 AM IST

Walmart seems to have met tax obligations in Flipkart purchase: Tax department

Walmart meeting tax obligations arising from this deal is a significant milestone in India’s record of taxing cross-border transactions

Amazon closed the gap with Flipkart during this year’s Great Indian Festival, driven by strong sales of smartphones. Graphic: Mint

Tue, Oct 16 2018. 07 37 AM IST

Flipkart still has an edge over Amazon in festive sales

This, despite Amazon’s Great Indian Festival continuing for one extra day than Flipkart’s Big Billion Days

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