Tag Archives: electronic commerce

E-retailers can post record sales of $ 7 billion in holiday months

BENGALURU: Electronic commerce Businesses are expected to post a nearly 50% increase in gross sales to $ 4 billion this Diwali, a two-year high, during the five-day sales events of Flipkart, Amazon India and others, according to the latest estimates from market research firm Redseer. With Covid-19 accelerating digital adoption …

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Flipkart aims to list abroad from 2021: report

NEW DELHI / BENGALURU : Indian e-commerce company Flipkart, controlled by Walmart Inc, is preparing for an overseas initial public offering starting in 2021, which could value the company up to $ 50 billion, sources familiar with the plans told Reuters. the company. Bengaluru-based Flipkart, which competes with players such …

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