Retail News Round Up_ Jan 13,2016

Retail News :

  • Shopclues at par with Snapdeal, Paytm with undisclosed funding valuing company at Rs 7,300 crore
  • Amazon and Future Group partnership on rocks over funding of discounts
  • Nitish Kumar government to impose 13.5% tax on luxury items
  • Amazon has bought a French delivery company
  • PayPal ties-up with first Indian partner Shopmatic for cross-border transactions

  • Reliance eyes Rs 1,800 cr sales from Vimal brand in 3 years
  • Van Heusen ropes Infinite Analytics for its style studio
  • Starbucks says aims to open 500 new stores in China in 2016
  • Start in India, stay in India, government tells fleeing startups
  • Women and Child Development Ministry, eBay partner for online platform for women entrepreneurs
  • Oxigen Wallet launches mobile virtual cards powered by Visa
  • ShopClues raises $100 million; plans IPO in 2017
  • OYO Rooms expands to Malaysia; looks at Africa, South America, South-east Asia next
  • Ortel launches free public WiFi for its customers in Bhubaneswar
  • Hike secures funds from WordPress and Quora founders & other individual investors
  • Persistent Systems acquires CloudPlatform & CloudPortal from Citrix
  • Spice Mobility acquires 22.5% stake in Sunstone Eduversity
  • Hike messenger to match Delhi commuters to comply with odd even rule

 

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

-Warren Buffett

 

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Retail News Round Up_Dec 21,2015

Retail News :

  • Accel Partners sells fractional stake in Flipkart to Qatar Investment Authority for $100 million
  • Myntra takes on brick-&-mortar retailers with private brands
  • Van Heusen opens first digital store in Bengaluru
  • Rio Tinto, De Beers and other global miners to trade on Mumbais diamond centre
  • After a lull, Star Bazaar plans store expansion
  • Bisleri set to re-enter soft drinks space in 2016

  • How a small vegan community is trying to create thriving businesses in a dairy-obsessed India
  • 42 mega food parks worth Rs 2,000 crore to be set up in the country
  • Quikr adds Hindi translations among six other Indic languages
  • Reliance Jio to be launched on the 27th of December
  • The News Minute raises funding from Quintillion Media
  • WudStay launches paying guest feature

 

“It’s a misnomer to think of gamification as playing games. Gamification is a lot like shopping. It’s about insight.” – Karen Etzkorn, EVP and CIO of the Home Shopping Network

 

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