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Cashify (formerly known as ReGlobe) is a recommerce company with headquarters in Gurgaon, India.It was founded in 2009. It operates as an online marketplace where users can sell their used electronic gadgets like mobile phones, tablets, smartwatches, laptops and video game consoles to professional buyers.
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 Koramangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
The reports of Flipkart, an e-commerce firm, joining the "Airtel Zero" scheme drew negative response. People began to give the one-star rating to its app on Google Play. [116] [117] Following the protest, Flipkart decided to pull out of Airtel Zero. The e-commerce giant confirmed the news in an official statement, saying, "We will be walking ...
MobiKwik is an Indian financial technology company, founded in 2009 that provides a mobile phone-based payment system and digital wallet. [3] [4] In 2013 the Reserve Bank of India authorized the company's use of the MobiKwik wallet, [5] and in May 2016 the company began providing small loans to consumers as part of its service.
In response, a number of retailers decided to go back to closing on Thanksgiving for 2015, and Walmart, although its holding firm opening on the holiday and holding its sale, also pledged to offer the same deals online for those who wished to stay home. [30] Retailers have received pushback from some consumers over opening on Thanksgiving Day. [31]
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