Flipkart Archives - Page 3 of 5 - Inside Retail Asia
India’s online fashion market is expected to grow 63.45 per cent by 2020, says a Research and Markets report.
Indian online fashion company Myntra has two new international brands, Toms and Meters/Bonwe.
A year ago, Jabong’s founders turned down $700 million plus from Amazon; this week they sold for $70 million to Flipkart’s Myntra.
Aditya Birla Fashion and Retail (ABFRL) will acquire Forever 21 India from franchise partner Diana Retail.
Adidas Group India is planning to launch a shopping app, primarily to drive customer engagement.
Amazon Indonesia may soon be a reality, with the US eCommerce giant planning to invest $600 million in its first year in the market.
Chinese internet and ecosystem conglomerate LeEco India has ventured into the offline retail space on the sub-continent.
Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites.
BookMeds, which lets customers across India order medicines online for delivery from their nearest pharmacy, may move into Malaysia.
The Indian eCommerce industry is expected to burgeon in the next four years, according to a report co-authored by Deloitte Touche Tohmatsu India.
Rakuten, Japan’s equivalent of Amazon, is planning to enter India’s eCommerce sector with a Rakuten India business.
Online fashion store Myntra is seeking to take over management of Forever 21 India brick-and-mortar stores.