Flipkart said in the run-up to its annual festive season sales, it expects to have increased the indirect jobs through the seller network by 30 per cent as compared to last year taking it to 6.5 lakh
Flipkart said in the run up to its annual festive season sales, it expects to have increased the indirect jobs through the seller network by 30 per cent as compared to last year taking it to 6.5 lakh. The annual six-day event begins on September 29.
The agreement offers 2GUD online distribution rights for MINISO's products in India effective from this month-end, and will enable the brand to reach 2GUD's million-plus consumer base across the country, a Flipkart statement said.
E-commerce firm Flipkart on Sunday said it has expanded delivery reach by 80 per cent to cover almost all pin codes in India for large appliances, ahead of its big billion day sales, starting from September 29.
While Flipkart announced that its annual six-day sale ahead of Diwali and Dussehra would take place starting September 29, Amazon is yet to announce the dates for its annual bumper sale.
Flipkart's Big Billion Sale will go online at 8 PM on September 29. The sale will offer upto 90% discounts on various categories.
This will further strengthen and personalise e-commerce experience for its existing 160 million customers, help deepen its reach to newer geographies and consumers and support 'kiranas' by enhancing their income, a statement said.
The initiative 'Flipkart Samarth' aims at enabling and handholding craftsmen from across India to set up online business.
"Regulatory filings submitted by Flipkart indicate that former co-founder Binny Bansal has sold a tranche of shares for the third time since Walmart’s takeover of the e-commerce company. This time around, Bansal transferred part of his holding to two Tiger Global funds," Paper.vc said.
The development comes amid intensifying competition between Amazon and Walmart-owned Flipkart. Both the players are betting aggressively on the online grocery space.
Flipkart is all set to roll out a new free video streaming service in India to take on Amazon India.
The Flipkart Big Freedom sale 2019 will see offers of up to 80 per cent discount on major accessories and electronics, as well as 75 per cent off on TVs and appliances.
The Delhi HC has restrained e-commerce majors like Amazon, Flipkart and Snapdeal from selling health and beauty products of direct sellers -- Amway, Modicare and Oriflame, without their consent. The interim direction by Justice Pratibha M Singh came on the pleas of the three direct sellers alleging that products under their brands were being sold on the e-commerce platforms at cheaper rates resulting in financial losses to them.
Samsung and Xiaomi are focusing on users who are looking for smartphones within respective brands and not the ones who are undecided.
Realme C2 is up on a flash sale today, available on online shopping site Flipkart as well as Realme.com, starting at 12:00 p.m (noon).
Honor 20 is set to go on sale today in India via Flipkart for the very first time.
The statement comes amid reports that Flipkart, which is locked in an intense battle with US giant Amazon for leadership in the Indian market, is looking at tapping into the US equity market by 2022.
"Walmart increased its equity holding in Flipkart by buying 5,39,912 shares of its erstwhile co-founder Binny Bansal for $76 million through its Luxembourg-based entity.
Sachin Bansal will be joining the bank board on 1st June, while Nitin Chugh will be joining the bank in August where he will be succeeding Samit Ghosh on 1st December.
Even before Brahmastra, lovebirds Ranbir Kapoor and Alia Bhatt are seen together in a Flipkart ad film.
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