Last Updated:November 18, 2024, 17:04 IST Magenta is also working closely with major partners like Flipkart, Amazon, Porter, Delhivery, and Kuehne+Nagel to integrate its EV fleet into regional logistics networks. The company plans to deploy over 2,500 electric vehicles (EVs) in Uttar Pradesh by 2025. Magenta Mobility, a leading name in electric mobility, has announced … Read more
China’s Xiaomi has asked India’s antitrust body to recall its report that found the company and Walmart’s Flipkart breached competition laws, arguing it contains commercial secrets, two people familiar with the matter said. Any recall of the Competition Commission of India report could delay its antitrust investigation, which began in 2021. In a rare move … Read more
Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Flipkart to exclusively launch products on the e-commerce firms’ Indian websites in breach of antitrust laws, according to regulatory reports seen by Reuters. Antitrust investigations conducted by the Competition Commission of India (CCI) have found that Amazon and Flipkart violated local competition laws by … Read more
New Delhi: As the Indian e-commerce space heats up with a spurt in the digital economy, Google has invested nearly $350 million in Walmart-owned Flipkart, taking the homegrown company’s valuation at nearly $36 billion. In a statement, Flipkart said it has added Google as a “minority investor” in the e-commerce platform as part of the … Read more
New Delhi: Flipkart-owned online travel aggregator Cleartrip on Tuesday announced that Aditya Agarwal will step down as Chief Financial Officer (CFO) owing to personal reasons. Akshat Mishra will take over as the new Head of Business Finance at the company. Agarwal will remain with Cleartrip for a few months to facilitate a smooth transition, the … Read more
The in-house UPI facility will be spread across Flipkart group companies including, Myntra, Flipkart Wholesale, Flipkart Health+, and Cleartrip. The Flipkart UPI, launched in partnership with Axis Bank, will initially be available for Android users E-commerce company Flipkart on Sunday launched its unified payments interface (UPI) services for online and offline payments. The Flipkart UPI, … Read more
Bengaluru: E-commerce marketplace Flipkart on Sunday launched its Unified Payments Interface (UPI) handle to further enhance its digital payment offerings for all customers, including its 500+ million customers. With Flipkart UPI, users can now set up their own UPI handle for online and offline Merchant transactions within and outside of the Flipkart marketplace. For a … Read more
Flipkart customer receives fake iPhone Going into the story, Ajay Rajawat had purchased the latest iPhone 15 on Flipkart during the Republic Day sale, which kicked on January 13th and lasted until January 19th. Flipkart has delivered the product on January 15th. However, on opening the box, the user was greeted with a defective iPhone … Read more
