Tag: flipkart
quick commerce: Quick commerce firms dangle discounts for bulk buys above Rs 1,000 cart size
Quick commerce, which started off as a top-up service for last-minute purchases, is now seeing companies push bulk orders offering discounts. These discounts — relatively…
Blackbuck IPO: Blackbuck IPO sees 24% subscription on day 1
Zinka Logistics, the parent company of Flipkart-backed trucking aggregator BlackBuck, opened its initial public offering (IPO) on Wednesday, with investors subscribing to 24% of the…
swiggy ipo: Swiggy’s shares jump in trading debut after $1.4 billion IPO
Shares of Indian food and grocery delivery firm Swiggy debuted 7.7% higher in pre-open trade on Wednesday, after institutional investors led its $1.4 billion initial…
udaan: Udaan logs lower net loss, flat operating revenue in FY24
Bengaluru-based business-to-business (B2B) ecommerce platform Udaan posted a nearly flat operating revenue growth at Rs 5,707 crore in FY24 – in a year when the…
Shadowfax: Logistics firm Shadowfax eyes $50 million, doubling value to $700 million
Flipkart-backed hyperlocal logistics startup Shadowfax is in advanced stages of closing a funding round of Rs 350-400 crore ($45-50 million) that is likely to double…
swiggy: Quick commerce’s burning brighter as players add more fuel
Zomato’s move to raise fresh funds through a qualified institutional placement (QIP) despite sitting on $1.5 billion, or about Rs 12,600 crore, of cash has…
Not concerned about new competitors entering quick commerce space: Albinder Dhindsa of Blinkit
Albinder Dhindsa, chief executive of quick commerce platform Blinkit, on Thursday said that the company isn’t concerned about new competitors entering the market. “We are…
Companies lag on worker rights: survey
Many companies are failing to provide fair working conditions for labourers, according to a survey released on Tuesday. Out of the 11 companies assessed, four…
Flipkart sees multi-fold jump in customer purchases using credit instruments
E-commerce company Flipkart on Saturday said it saw a multi-fold jump in customers’ purchases using credit facilities during the first two days of its annual…
Flipkart is sorry for advertisement calling husbands ‘aalsi, bewakoof’: ‘Posted in error’
Sep 27, 2024 05:29 PM IST Flipkart apologized for a promotional ad that called husbands ‘aalsi, kambakkht, and bewakoof.’ Flipkart issued an apology for its…