The first week of the year has seen what could well be the biggest data breach in a long time. The transaction data of some 100 million Indians, allegedly obtained from the financial technology service provider Juspay, was sold on the Dark Web. Bengaluru-based digital payments platform Juspay processes transactions …
Read More »Flipkart refits the board after the spin-off of PhonePe
Bengaluru : Flipkart has made key changes to its board of directors even as the Walmart Inc-owned e-commerce company prepares for an initial public offering (IPO) and days after its digital payments company PhonePe was spun off as a separate entity. Flipkart Group CEO Kalyan Krishnamurthy will join the board …
Read More »Flipkart Co-Founder Binny Bansal to Join PhonePe Board
BENGALURU: Flipkart co-founder Binny Bansal will join PhonePe’s board of directors as the digital payments company splits from Walmart-owned Flipkart to become a separate entity. Bansal will join PhonePe co-founders Sameer Nigam, Rahul Chari and Rohit Bhagat on the board. Read also: Inside India’s quest to fix its payments puzzle …
Read More »The largest opening day recorded by witnesses in iPhone 11 sales
Amazon’s Great Indian Festival sale has been a huge success this year. The e-commerce giant, in a press release, detailed how the company’s Prime Early Access day saw massive sales, along with new Prime subscriptions, especially from Tier 2 and Tier 3 cities. The company also revealed that the amount …
Read More »Flipkart Big Billion Days Smartphone Deals
The Flipkart Big Billion Days sale has been going on since October 16 and the e-commerce giant will be selling products under the holiday season sale until October 21. Flipkart offers deals on a wide range of products including smartphones, laptops, appliances, fashion products, and furniture. The e-commerce giant also …
Read More »Reverse Migration Drives Holiday Ecommerce Sales to Tier 2, 3 Cities
Bangalore: India’s top two e-retailers saw a surge in new shoppers from smaller cities in the first two days of holiday sales, thanks to discounts, reverse migration of metro customers, and credit products. Walmart-backed Flipkart and Amazon India have seen sales more than double in the first 48 hours compared …
Read More »Future Group Will Seek Mediation on Amazon’s Disclaimer on RIL Agreement: Report
“We have initiated steps to enforce our contractual rights,” said a spokesman for the Seattle-based e-commerce giant. “As the matter is under trial, we cannot provide details.” Last year, Amazon bought a 49% stake in one of Future’s unlisted companies, Future Coupons Ltd, with the right to buy into the …
Read More »Future Group will seek mediation on Amazon’s legal notice on the RIL agreement
American online retailer Amazon.com Inc has sent a legal notice to Future Group, alleging that the sale of the retailer’s Rs 24,713 crore assets to Reliance Industries violated an agreement with the e-commerce giant. “We have initiated steps to enforce our contractual rights,” said a spokesman for the Seattle-based e-commerce …
Read More »Flipkart Partners With Paytm For The Big Billion Days Sale
NEW DELHI Walmart-owned Flipkart said Monday that it has partnered with major fintech Paytm to provide customers with a host of offers and benefits during its holiday sale. “This partnership will allow millions of Paytm users to conveniently pay through their Paytm Wallet and Paytm UPI while shopping on Flipkart …
Read More »Amazon Great Indian Festival Sale, Flipkart Big Billion Days Sale Announced – Technology News, Firstpost
FP trendSeptember 30, 2020 5:26:24 PM IST With the holiday season just a month away, Amazon and Flipkart are ready to host your sales. Both platforms have announced upcoming days of sales. While Amazon is coming with the Indian Festival Grand Deal, Flipkart is back with their Billion Days Grand …
Read More »