FlipKart

Platform Industry News: Amazon

US Senator Warren urges Amazon breakup, India retailers seek probe

US Senator Elizabeth Warren called for breaking up Amazon.com Inc and Indian retailers demanded a government probe of the company after an investigation by our content partners Reu...

India Commerce Minister

Invoking ‘Quit India’, minister welcomes Amazon, Flipkart ruling

India’s commerce minister welcomed a Supreme Court decision that Amazon and Walmart’s Flipkart should face investigations into alleged anti-competitive behaviour, sayin...

Platform Industry News: Amazon

Amazon, top Indian seller Cloudtail end relationship amid regulatory heat

Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said, following years of allegations from brick-and-mortar retailers...

Flipkart

Walmart’s Flipkart raises fresh funds for $38 billion valuation as IPO looms

Walmart Inc-owned Flipkart on Monday ushered back SoftBank Group Corp as an investor in a $3.6 billion funding round, doubling the Indian online retailer’s valuation to $37.6...

Platform News: India and the Indian platform economy

Indian commerce minister says ‘Arrogant’ US ecommerce giants flout our laws

Indian Commerce Minister Piyush Goyal has ratcheted up the heat on US ecommerce giants like Amazon and Walmart, accusing them of arrogance and of flouting local laws by indulging i...

Platform News: Flipkart

India plans tighter e-commerce rules amid complaints

India proposed banning flash sales on e-commerce websites and their affiliate entities should not be listed as sellers on their platforms, in a proposed tightening of rules that co...

Flipkart

Walmart’s Flipkart challenges India court order on antitrust probe

Walmart Inc’s Flipkart has filed a legal challenge against the restarting of an antitrust probe into the company, arguing in a court filing that the investigation would cause ̶...

Platform News: Amazon packages ready for delivery

India to expedite Amazon, Flipkart antitrust probe

India’s antitrust watchdog plans to expedite a restarted probe into allegations of anti-competitive behaviour at Amazon.com and Flipkart, as it intensifies scrutiny of big-te...

Platform Industry News: Amazon

Indian court deals blow to Amazon, Walmart’s Flipkart in antitrust case

An Indian court has dismissed pleas by Amazon.com and Walmart’s Flipkart to quash an antitrust investigation into the business practices of the US firms, dealing them a blow ...

Flipkart

Flipkart in early talks for US listing via SPAC deal

India’s Flipkart is exploring going public in the United States through a deal with a blank-check firm, although a traditional stock market listing is much more likely, peopl...

Flipkart

Flipkart and PhonePe have room for other investors, Walmart CEO says

Walmart’s Indian e-commerce company Flipkart and electronic payments firm PhonePe have room for different investors and may raise money in many ways including stock exchange ...

Platform News: Flipkart

Flipkart’s PhonePe to raise $700 million from existing investors

PhonePe, the digital payments business unit of Flipkart has said it would sell a stake to existing investors for $700 million, helping it fuel expansion at a crowded market that in...

Indian Retail

Bezos and Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world’s richest men, face a turning point in a struggle for pre-eminence in India’s flourishing, nearly trillion-dollar retail ...

Flipkart

Walmart’s Flipkart starts wholesale e-commerce service in India

India’s Flipkart established an online wholesale service for mom-and-pop stores and other small businesses on Wednesday, since the Walmart-owned business seeks to compete wit...

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