A Mexican shopping app becoming No. 1 in the US is a miracle in a country full of top-class local apps.
While a decision was made weeks ago that ByteDance would sell its US operations of TikTok to Oracle and Walmart, the transition has been anything but smooth.
The POTUS gave his blessing to the deal “in concept” – one that is way off from what he promised would be ideal to ensure that TikTok is not a national security anymore.
With the Reliance Industries flagship JIO Mart already having an $8 Billion backing from Facebook and Vista Equity while a further $4 Billion in talks with Google topped by a $1 Billion investment in India by Amazon makes this investment crucial for the survival of Flipkart.
As pending deliveries clog supply chains, the world’s biggest online retailer plays for time by imposing restrictions on non-essentials. The big question: Who decides what’s essential and what isn’t?x
Experts have suggested that the Coronavirus COVID-19 pandemic will result in millions of jobs vanishing into thin air. But right now, it seems to be creating new opportunities too. Highlights! 700,000 plus new jobs in the times of the coronavirus-forced…
Flipkart recently announced the formal closure of the Jabong fashion portal, thereby making Myntra its sole focus – but the trouble lies in the company’s business model for the Indian apparel industry.
Walmart Inc said on Monday it has laid off 56 associates across levels at the India corporate office while looking for ways to operate efficiently in an underserved market.
Offline retail is suffering amid a country-wide cash crunch, while credit-driven e-commerce giants Amazon and Flipkart soar in 2019 Diwali buying.