Amazon India

The judgment comes after electric appliances maker Marc Enterprises accused Flipkart of trademark violation

The development comes at a time when Flipkart’s Diwali sale is round the corner

MarQ is Flipkart’s private label brand which sells appliances such as microwaves, refrigerators, LED TVs, etc

Close to 40% customers for ecommerce companies’ private labels portfolio came from Tier 3 and below cities for Flipkart

More than 82% new customers were from Tier 2 and below for Amazon India

India's e-retailing industry is expected to have more than 50 Mn online shoppers from Tier 2 cities alone by end of 2018

Paytm sale event ‘Mera Cash Back’ is scheduled to run from October 9-15

During the sale, customers will be able to buy certain products at lowest price between 8 am to 12 pm

Paytm Mall will also let the customers play games and win instant cashback vouchers

In September, South Delhi Municipal Corporation sealed a building in Vasant Kunj, New Delhi, housing Amazon’s delivery centre

An Amazon spokesperson told Inc42 that the company has moved its delivery operations to a nearby centre

Amazon had leased the facility and did not own it

Flipkart and Amazon India are starting their festive season sales from October 10

Paytm Mall received over 1 Mn orders within a single day of its ongoing pre-festive sale

Flipkart and Amazon are expected to spend $55 Mn (INR 400 Cr) in advertising between the two of them

Amazon India's move to cut seller fee will encourage its vendors to stock more products

The company has reduced its sellers’ commission by 2% in the apparel, home, and electronic accessories categories

The rates for the 'Go Local' programme have been reduced by 20%

Amazon India has set up a team within Amazon Pay to work on the RBI guidelines

The RBI has asked payment companies to provide updates on the progress made in storing data in India

Google has also sought a couple of months more to comply with the directive

Food delivery Unicorn Zomato’s newest investor — Ant Financial — has secured the right to become the largest shareholder in the company

Walmart has filed a share purchase agreement with the US securities regulator which states that Flipkart’s minority stakeholder Tencent has the first right to purchase investor shares in Flipkart

Also, the Supreme Court has questioned the Centre on the UIDAI tender which aimed to launch a social media wing in order to “counter” the negative ideas on Aadhaar

In the US, Amazon is integrating its Prime offerings with supermarket chain Whole Foods

Amazon’s global Prime head Jamil Ghani said the company is looking to add more Prime members from small towns in India

Akshay Sahi, the Amazon India head, said Prime members joining from Udaan will get access to Prime Video and Prime Music

Government e-Marketplace expects to increase its transactions to $25 Bn in three years and $100 Bn in seven years

The Centre will now allow private companies to purchase on the government platform

GeM also aims to make savings worth 1% of the GDP in the next three years

Amazon India launched a small pilot wherein the interface features text in Hindi for its mobile website

The idea is to make the shopping experience convenient for customers in India

Number of Indian language Internet users has grown from 42 Mn in 2011 to 234 Mn at the end of 2016

The talks with Spencer's on valuation and structure are currently ongoing

Spencer’s Retail runs 128 stores in over 30 cities

If deals with Future Retail, More and Spencer’s goes through, Amazon will have over 1700 stores