Tag: Flipkart



Walmart closes in on Flipkart deal

Rumors have been flying about a possible deal between Walmart and Flipkart. Now it looks like Walmart is set to acquire Flipkart and its subsidiaries for a whopping $12 billion within the next two weeks. 


Bob van Dijk shares his advice for India

Bob van Dijk shares his advice for India

In an interesting interview with The Economic Times, Naspers CEO Bob van Dijk says India needs to build a sustainable ecosystem for local business to avoid becoming a digital colony, like Europe. 


GoZefo bags capital, as preloved catches on in India

GoZefo bags capital, as preloved catches on in India

GoZefo, the Bengaluru-based re-commerce site for used furniture and electronic goods and factory-seconds (unboxed) furniture and electronics, raised about $6 million U.S. (INR 40 crore) in a second round led by Sequoia India. Beenext and existing investor Helion Ventures also participated in the round. The funds will be used for expansion into new geographies and categories, GoZefo said.

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Flipkart’s Anil Goteti to head up EBay India

Flipkart’s Anil Goteti to head up EBay India

The merger of EBay India with Flipkart was officially clinched last week, and this week Flipkart appointed Anil Goteti, head of its marketplace division, retail products and operations, as head of EBay in India, reported Economic Times. Vidmay Naini, EBay India's current country manager, will report to Goteti. 


Another senior manager calls it quits at EBay India

Another senior manager calls it quits at EBay India

Latif Nathani, head of auction site EBay India, called it a day, News Corp-owned VCCircle reported recently. Not long before that, Ramkumar Narayanan, head of new product development at EBay Marketplaces in India, quit his job (we reported here at the time).

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No more shopping at Snapdeal’s Shopo?

No more shopping at Snapdeal’s Shopo?

It's curtains drawn for Snapdeal’s zero-commission, mobile-based, c-to-c marketplace Shopo, the company announced in a post (“Goodbye from Shopo”) on its blog.

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EBay India cuts a third of its staff

EBay India cuts a third of its staff

After losing out the race for a worthy piece of the Indian e-commerce pie to the likes of Amazon, Flipkart and Snapdeal, EBay India, one of the earliest entrants into the space, now retrenched another 100 employees at its Bengaluru development center.

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