FLIPKART SELLER HUB
Budget 2024: TDS cut, ecommerce hubs to free up capital, propel growth
Finance minister Nirmala Sitharaman said the TDS for ecommerce operators for certain payments to “ecommerce participants” will be cut from 1% earlier to 0.1% now. The move would provide “substantial working capital relief for micro, small, and medium enterprises (MSMEs),” a spokesperson for Amazon India told ET.
Meesho tightens returns process to save costs, triggers seller protests
Meesho undertook changes to its product returns policy following feedback from its third-party logistics partners, the sources added. Returns comprise a big cost area for e-commerce players in India as it adds to logistics expenditure.
Countdown begins: Flipkart, Amazon gear up for festive battle
Amazon tests live commerce on app; Flipkart top execs including CEO hold on-ground sessions with sellers, brands
Flipkart adds 66 warehouses, sortation centres, creates 1.15 lakh seasonal job opportunities
"The complexity and scale during BBD (Big Billion Day sale) require us to scale up for capacity, storage, placement, sorting, packaging, human resource, training, delivery, and the entire supply chain. This scale is always unprecedented so we start preparations months in advance," Flipkart Senior Vice President and Head of Supply Chain Hemant Badri told PTI.
Flipkart adds new warehouse centres in Haryana; to create 12,000 job opportunities
The new fulfilment centres (warehouses) will help create deeper capabilities to support thousands of sellers, MSMEs, small farmers from the state to cater to the growing customer demand, create more employment opportunities while enabling faster deliveries for consumers, a statement said.
Flipkart adds new warehouses in Karnataka, to create over 14,000 job opportunities
The new fulfilment centres (warehouses) will help create deeper capabilities to support thousands of sellers, MSMEs, small farmers from the state to cater to the growing customer demand, create more employment opportunities while enabling faster deliveries for consumers, a statement said.
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Flipkart opens its first grocery fulfillment centre in Coimbatore
This will be Flipkart’s second grocery facility in Tamil Nadu after Chennai and ninth in the South. The sustained growth in Flipkart’s grocery business is also giving a boost to the local food processing industry, supporting Indian agriculture and small and medium farmers.
Flipkart opens new fulfilment centre in West Bengal
The new centre in Dankuni is spread over 2.2 lakh square feet and creates nearly 3,500 direct jobs which will cater to the needs of both Flipkart and Myntra customers in the region, the company said.
Flipkart JV to bring Toys"R"Us to online customers in India
For over 70 years, Toys"R"Us has been a global leader in the toy category. It generated more than USD 2 billion in global retail sales annually through nearly 900 branded stores and e-commerce businesses in over 25 countries.
Another Indian alliance for Flipkart as it ties up with Adani
As part of the Flipkart-Adani partnership, the fulfilment centre that will be set up at the Adani Logistics hub in Mumbai will be leased to Flipkart, while the proposed data centre is due to come up at AdaniConnecX’s facility in Chennai.
Flipkart enters into strategic partnership with Adani Group to strengthen logistics, data centre capabilities
The companies did not disclose the financial consideration for the agreement. The project will strengthen Flipkart’s supply chain infrastructure and create around 2,500 direct jobs and thousands of indirect jobs.
Flipkart acquires 140-acre land at Rs 432 crore, to develop logistic park
Walmart-owned Flipkart will set up a logistic park in the land parcel over the next 3-5 years, which has a potential of a total buildup area of five million square feet and will be developed in 2-3 phases. The development is expected to cost Rs 3500 crore and will create over 12000 jobs in the state.
Flipkart, Amazon strengthen furniture offerings ahead of festive season
With consumers now investing more in creating their own comfortable space at home, there is a notable increase in the demand for ergonomic furniture across furniture segments, said a Flipkart official.
Big brands unmask a hot new sales category
Amazon and Flipkart have asked apparel brands and suppliers to up their production of masks. For apparel companies, this huge demand for masks comes as a boon as their core products may not see an uptick in demand anytime soon, two industry executives said.
Flipkart nudges inactive sellers to relist, use its local hubs
In December, Flipkart said about 45% of its sellers were from small towns and cities, without specifying the total number of such sellers.
Flipkart adds 30,000 seasonal positions ahead of festive sale
Flipkart, which will hold the fifth edition of its Big Billion Days (BBD) sale from October 10-14, also expects its seller partners to have added over five lakh indirect jobs at their locations.
Innovations for festive sales help build capabilities for future, says Flipkart
Flipkart has doubled its warehousing capacity and now has over 65 fulfilment centres and more than 60 'mother hubs' that will cater to the demand during the festive sale.
Flipkart acquires Israel’s retail analytics company Upstream
Flipkart, now owned by Walmart, did not disclose the deal size but some industry insiders peg it at $30-40 million.
Flipkart acquires Israel-based company Upstream Commerce
This comes just a month after Flipkart acquired AI-led speech recognition startup Liv.ai, when CEO Kalyan Krishnamurthy had said that the ecommerce firm is scouting for companies with a “strong tech team”.
Flipkart to bring private labels to add fireworks to its annual sale
Online marketplace Flipkart has a strong line-up of private labels it hopes to expand in time for its five-day annual sale.
Flipkart prepares ammo for seller gains ahead of its Big Billion Day
Incentives for sellers like SBI tie-up and enhanced 'seller hub' app on the cards
Snapdeal opens 6 logistics hubs to ramp up delivery operations
All processes -- from receipt of stocks, quality inspection, preparation for dispatch and return handling -- would be available to sellers under one roof.
Paytm to assist sellers in six more local languages
"Sellers can add new products, manage inventory and orders, and get payment details in the regional language app," said Sudhanshu Gupta of Paytm.
Ecommerce major Flipkart revises policy to allow sellers to weigh packages themselves
Flipkart has revised its shipping policy to allow sellers, who do not use the company’s warehouse facility, to weigh and measure their products.
Government plans to take etailers like Flipkart, Snapdeal to rural areas
The government plans to partner with the likes of Flipkart and Snapdeal and use common service centres (CSCs) in rural areas to deliver ecommerce services.
Flipkart's 'Big Billion Days' sale: Vendors suffer this time
Vendors said the listings of their products were not visible on the company’s website since the second day of the mega sale event.
How e-tailers like Amazon & Flipkart are roping in local merchants to curb cost, win more customers
Hyper-local strategies are becoming central to online marketplaces in India as they struggle to contain delivery costs and schedules.
Flipkart ramps up logistics; partners with Mumbai's dabbawalas
At present, the person who will be part of this pilot will be involved in the last mile delivery and will not communicate with seller or merchant.
Flipkart aims to generate 20 lakh jobs in 2015
The Bangalore-based firm expects 60 per cent of this employment to be generated in the logistics and warehousing sector.
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