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Shopsy is a zero-commission marketplace model for sellers in India . It is a digital commerce initiative by Flipkart, the Bengaluru -headquartered and Walmart-owned e-commerce company with over US$7.7 billion in annual revenue (FY 2022). [21] [22]
Flipkart was founded in October 2007 in Bangalore [11] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [12] [13] [14] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [2] Snapdeal is one of the top 10 online marketplaces in India. [3] Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market.
‘I’ve had 16 free batteries’: This Florida woman used lifetime warranties to continually replace parts on her car for 43 years. Here’s how you can save money with a similar strategy
One of the most polarizing and influential figures of the information age, Julian Assange is now free after five years in a British prison and seven years in self-imposed exile in a London embassy ...
Myntra is an Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart.
Walmart's Flipkart marketplace and PhonePe payments business in India could be $100 billion businesses buoyed by strong growth, the retailer's chief financial officer said on Wednesday at an ...
India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...