Walmart, owners of top ecommerce marketplace Flipkart, is not surprised by internet major Facebook’s investment in Reliance, Brett Briggs, chief financial officer of the US retail giant, has said. “It’s (online retail space) been competitive…Reliance, Amazon… When you have 1.3 billion people, it’s going to attract a lot of investment…a lot of the reasons why […]
Indian startups eye virtual wedding space amid coronavirus curbs
After virtual board meetings and court hearings, comes the virtual wedding. More couples are tying the knot online, thanks to the new physical-distancing and safety norms. Helping them put such plans into action are startups offering the look and feel of a conventional wedding. They organise the sangeet complete with DJ, mehndi ceremony and even […]
Helping sellers revive their business will jump-start the economy: Amazon’s Amit Agarwal
The revival of the economy will come from helping merchants, retailers and brands reboot their businesses and tap into the heightened demand being generated online due to the Covid-19-induced lockdown in India, according to a top Amazon executive. The Seattle-headquartered online retailer which had seen its operations come to a grinding halt when the nationwide […]
Merchants, retailers and brands to revive India’s economy: Amazon India head
The revival of India’s economy will be driven by merchants, retailers and brands rebooting their businesses by tapping into the rising demand for online commerce which is induced by the lockdown, said a top Amazon executive. “Between the reduced footfalls in physical stores and increased online demand, we need to make sure that in totality […]
Paytm moves Delhi HC claiming telecom companies not preventing phishing activity over their networks
One97 Communications, which runs the online payment platform Paytm, has moved the Delhi High Court alleging that telecom service providers are not blocking fraudsters who are defrauding its customers by “phishing” activities over the various mobile networks. Paytm has claimed that millions of its customers have been defrauded by the phishing activities over the mobile […]
Trump’s move against social media firms unlikely to change India’s stand
Illustration: Rahul Awasthi US President Donald Trump’s executive order diluting the immunity enjoyed by social media companies is unlikely to change India’s stand on making firms such as Twitter and Facebook more responsible and accountable for content posted on their platforms. India has been facing a challenge of misinformation on a large scale and has […]
ETtech Top 5: Online grocery consolidation, fashion retail makeover, Wipro’s new CEO & more
Happy Friday! The weekend is here. But we still don’t have a clue on what Monday is going to like. The government is yet to announce whether it’ll extend or lift the lockdown. Meanwhile, India’s online grocery market, which is expected to drive e-commerce growth in 2020, may be heading for consolidation. Paytm Mall-Grofers potential […]
ITC Hotels partners with Swiggy for home delivery of food
ITC Hotels said on Friday that it has partnered with the on-demand delivery platform Swiggy to offer ITC’s dining options to customers in the comfort of their home. ITC Hotels said Swiggy will enable ‘no contact’ deliveries on all pre-paid orders, which involves a delivery partner leaving the food at the doorstep rather than an […]
Twitter flags Trump’s Minneapolis tweet for glorifying violence
Twitter on Friday sounded an all-out war against US President Donald Trump by flagging a fresh tweet from him that violated Twitter policies about glorifying violence. Twitter placed a public interest notice on the latest Tweet from Trump that read: “….These THUGS are dishonoring the memory of George Floyd, and I won’t let that happen. […]
Indian users target of ‘state-backed’ attackers: Google
Google notified between 51 to 100 users in India that their accounts were being targeted by “state-sponsored” attackers in April, the technology giant said in a blog released late on Wednesday. The post did not specify if the users were targeted by their own government or others. Globally, Google sent out 1,755 warnings to users […]