Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
The government, in February, had released the draft national e-commerce policy proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
CCI investigation into predatory pricing likely
The company has tied up with five distributors this year.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Every competitor is eyeing the top slot that Flipkart holds.
The FDA Maharashtra on Friday lodged an FIR against Snapdeal.
While the first half of the year saw India's e-commerce market shrinking, the success of Diwali sales will boost the sector beyond last year's benchmark
Flipkart aims to double the total value of goods it sells to $8 billion in the next three years.
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
Flipkart and Myntra, together, post higher sales than Amazon
It is still "discounts" that e-commerce players have to rely on to bring in customers, though they might claim otherwise.
Amazon has seen its India sales growing four times this year.
Flipkart has seen 33 per cent growth in past 6 months despite slowing e-commerce business and stiff competition from Amazon.
Alibaba, the world's biggest e-commerce firm by transaction value, supports small businesses on its platforms.
Most of Flipkart's business came from consumer electronics.
Flipkart, Amazon & Paytm have raised commissions from sellers.
E-commerce companies typically stick to the gross merchandise value run rate to calculate sales.
Flipkart's valuation of $15.2 bn arrived at during latest round of $700-mn fund raise.
According to experts, the company might be trying to ape Amazon, the largest e-commerce player in the world.
To take on Amazon, Paytm e-commerce plans to add close to a billion products from all across the globe to its shopping cart.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Fewer e-commerce companies hired candidates from B-schools this year.
On Tuesday, while several consumers took to social media to share their grievances about the Snapdeal site crash, many others said they visited the website to either compare prices or for window shopping.
Seeks to cut biz costs by 10% for sellers across 24 verticals, by slashing fees and delivery charges.
12,000: Number of people Flipkart plans to hire in FY15.
LG, Samsung, Videocon, Sony and Panasonic have instructed their trade partners that products sold through online marketplaces without their knowledge during flash sales will not get the benefit of after-sale service and warranties.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
It all started with Flipkart and Amazon trying to outdo each other - after Flipkart announced $1-billion fund-raising in July.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
The competition which BigBasket faces now is with the big three - Amazon, Walmart, and Reliance.
The rises in the sector follow an increasing churn rate.
Paytm e-commerce plans to add close to a billion products from across the globe to its platform before the festive season this year.
The cost of luring buyers and sellers to its platform means the new funds won't last long.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
Earlier this month, retail associations across the country held a meeting with the hardware manufacturers industry body -- MAIT -- to raise the issue of undercutting prices.
In 2015, e-commerce contributed significantly to the growth in television advertising revenues.
Eyeing $9 billion business opportunity in booming e-commerce business, India Post, which has the biggest network and serves the last mile, is boosting its infrastructure for real-time tracking of parcels through satellites using a new technology.
Amazon.in has announced the launch of first-of its-kind women-only outlets for delivering products.
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