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With the Snapdeal Gold service customers will enjoy facilities free shipping, free upgrade to next-day-delivery and extended purchase protection. The service, to be free for customers, will be available when a user pays for their purchase through Net banking, credit/debit card, EMI or wallet at the time of booking the order, Snapdeal said in a statement. The company also revealed in their registered website that only 100 per cent pre-paid modes of payment are eligible to be upgraded to Snapdeal Gold. As of now, orders paid through prepaid modes of...

Chinese E Commerce giant Alibaba is reportedly planning to acquire online marketplace ShopClues.com. The move is considered to be an attempt to overtake the established OLS players in the country such as Amazon and Flipkart. According to the TOIreport, Alibaba wants to merge the marketplace of Paytm, in which it has a stake, with the much bigger rival ShopClues. According to the report, the Gurgaon-based ShopClues numbers GIC of Singapore, Tiger Global, Nexus Venture Partners and Helion among its investors and has raised about $250 million till date. ShopClues is positioned...

Remember the days when sisters used to struggle in crowded retail shops to grab the best Rakhis and gifts for their beloved brothers? Remember the days when finding the best Raksha Bandhan gift for loving sisters used to be Herculean task for brothers? Well, thanks to surge of E Commerce in our day to day lives, this struggle has come to an end. E Commerce has deeply penetrated our day to day lives and given a digital touch to our traditional festivals. So now no more hassle and no more...

In a bid to give boost to the startup ecosystem in the state, the Karnataka government has joined hands with a wide range of companies including IBM, Amazon and Microsoft to offer a slew of benefits to startups. Under the initiative called as the Startup Booster Kit, IBM will offer a suite of cloud services including SoftLayer and Bluemix worth $10,000, Amazon will offer $3,000 of cloud credits, and Knowlarity and Exotel will offer cloud telephony services at discounted rates. The state-run BSNL will offer discounted rates for accessing the...

Downward trends in tablet shipments, with Apple and Samsung YoY shipments falling from 62 per cent to 54 per cent as the market shrinks, are forcing PC brands to strategize survival tactics for their product portfolios, finds ABI Research. While Amazon and Huawei will focus on tablets despite the dwindling figures, not all vendors share this mentality. Dell and HP, for instance, made the decision to shy away from the tablet market and will instead concentrate on providing 2-in-1 systems based on Windows. Read Also: Amazon India To Set Up 6...

In a major relief to offline channel and a big jolt to online marketplaces, the Madhya Pradesh government has proposed 6 per cent entry tax on E Commerce companies. The government has decided to amend the law in order to bring E Commerce transactions under the ambit of taxation. With the move, Madhya Pradesh has joined the list of states who have already levied entry tax on OLS. While offline channel partners have welcomed the move, the E Commerce players seems furious over the decision. Brick and Mortar has demanded...

Expanding its cloud computing platform in India, Amazon Web Services (AWS), today announced the launch of its first India data center in Mumbai. With the launch, it officially becomes the sixth data center to be launched in the Asia-Pacific region, and is joined by the likes of Beijing, Seoul, Singapore, Sydney, and Tokyo. Starting today, global and Indian-based developers, start-ups, enterprises, government organizations, and non-profits can leverage the AWS Cloud to run their technology applications from infrastructure in India, and provide even lower latency to India-based end users. More than...

The US Federal Aviation Administration (FAA) has reportedly proposed a $350,000 fine on Amazon for allegedly shipping hazardous chemicals that injured several UPS workers who handled the package. The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years. The FAA alleged that on October 15, 2014, Amazon sent a UPS package with a one-gallon container of “Amazing! LIQUID FIRE,” a corrosive drain cleaner for transportation by air from Louisville,...

Shoppers today no longer simply go to the nearest store; they grab the nearest digital device. The online retail ecosystem is fast evolving. Digital analytics firm eMarketer projects that online retail sales will more than double between 2015 and 2019 and account for more than 12 per cent of global sales by 2019. Retail therapy is giving way to e-tail therapy. Amazon followed by Filpkart and Snapdeal were the most preferred e-commerce websites among sellers, with highest top of the mind recall, a recent study has revealed. Read Also:Samsung India...

While Walmart, the retail chain with 11,527 stores is promising to match the competitor’s price if the shopper exhibits an advertisement of the same product, eCommerce giant, Amazon is betting big on price drops for its merchandise, purchased recently by shoppers. If the pricing of a product is slashed within 7 days of purchase, Amazon will refund the difference to the consumer. As per experts in the retail segment, the third party refund tracking applications have influenced Amazon’s pricing algorithm concluding in lowered margins retrospectively. For competitors of Amazon, it...