Marketplace Watch Archive

Flipkart attempts to win over Snapdeal with a new bid closer to $1bn

After a poor bid of $800-850 million for Snapdeal, the Flipkart-Snapdeal merger deal was nearly called off, or so it appeared. Flipkart initially valued the etailer at $1 billion...

Snapdeal ready for seamless GST transition with over 92% seller compliance

Before the dawn of Goods and Services Tax (GST), Snapdeal was one of the first to introduce initiatives to prepare online sellers for the new tax era. In spite...

Profit strategy: Myntra targets offline expansion & Jabong premium labels

With GST at the forefront of ecommerce, marketplace profit strategies took the backseat for a while. But, online fashion portal, Myntra has given profits centre stage again. It wants...

Amazon-Kirana store partnerships pay off; fulfilment cost 10% lower each year

Amazon was the first to tie up with kirana stores, in 2014, to improve the quality of its logistics. This it managed through an alternative supply chain initiative called...

Marketplaces bar sellers non-compliant with GST; a sales dip likely to occur?

To ensure the smooth roll-out of the Goods and Services Tax (GST), the government deferred TDS and TCS under the tax. This meant that persons selling through ecommerce operators...

Voonik to focus on products manufacturers for affordable fashion

When selling online it is important to observe customer trends and devise means to capitalize on these. Since customers love its affordable fashion, Voonik is looking to cut prices...