Online sales News

India is now the 4th most-affected country by spam calls. Just one phone number made over 202 million spam calls in India, as per the Truecaller report. Roughly, 6.64 lakh calls were made every day by the spam number in India; 27,000 calls/hour. As per a 2017 survey, 6 out of 10 people in India received spam calls when they were busy.

CAIT in its letter said that these online portals are indulging into predatory pricing and deep discounting and are openly flouting FDI norms.

Gross merchandise volume, Alibaba's key measure of online sales, had overtaken last year’s total of 91.2 billion yuan ($13.4 billion) by 3:20 pm (0720 GMT), the firm said -- with more than $1 billion spent in the first five minutes.

Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.

In case, you are facing any technical glitches with the phone, Flipkart engineer will make a visit to your house and sort out the problem.

US-based Amazon on Friday said it has witnessed a 250 per cent year-on-year growth in bringing new sellers on board as it looks to tap into the booming ecommerce market in India.

In a bid to take on local e-commerce player Flipkart, American market leader in the same sector Amazon has slashed its seller fees on smartphones and software. 

The sale has already begun at midnight January 21 and will continue till 12am on January 23.  

Shopping through mobile devices soared on Cyber Monday.

Alibaba recorded sales of 10 billion yuan (USD 1.57 billion) within 12 minutes and 28 seconds of midnight.  

With e-commerce companies launching their big sale to woo shoppers, Delhi has recorded an 88.5 percent rise in online shopping during this festive season against regular online shopping that rose 56 percent, as per a report.  

Leading e-retail major Flipkart on Monday said it has sold 150 million products till date this calendar year, registering a whopping 150 percent growth over last year.

European Competition Commissioner Margrethe Vestager said she decided to launch the year-long inquiry because such hurdles were hampering the growth of online sales. 

The glitch occurred between 7 p.m and 8 p.m. Friday, and affected firms that use the tool RepricerExpress, The Telegraph reported.

The top US shopping "holiday" saw a surge this year in online sales with smaller crowds in stores -- but Black Friday still brought some of its trademark shopping mall pandemonium.

"We have received many inputs. Lot of concern has been expressed. We will look into it," Commerce and Industry Minister Nirmala Sitharaman told reporters on Flipkart`s `Big Billion Day` sale.