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Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company.The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.
The concept of a one-day online sale originated in the United States, where many online shopping sites offer discounts on "Cyber Monday", the first Monday after the so-called Black Friday, the day that follows the U.S. Thanksgiving. Cyber Monday started in 2005 and the concept has spread to several countries including Canada, Japan, Australia ...
Snapdeal is an Indian e-commerce company, based in New Delhi, India.It was founded in February 2010 by Kunal Bahl and Rohit Bansal. [3]Snapdeal is one of the top 5 online marketplaces in India. [4]
Open Network for Digital Commerce (ONDC) is a public technology initiative launched by the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India to foster decentralized open e-commerce model and is led by a private non-profit Section 8 company.
Flipkart introduced Shopsy in July 2021 [3] [4] as a mobile app that allowed people in India to launch their own online reseller business. [5] [6] [7] By August 2021, the app had adopted a zero-commission marketplace model. [8] [9] Later, Shopsy shifted its focus to become a B2C company. [10]
[168] [r] ASSOCHAM, a trade organisation in India, forecasted that online shopping alone to be over ₹ 300 billion (US$3.5 billion) over the 2017 Diwali season. [171] About two-thirds of Indian households, according to the ASSOCHAM forecast, would spend between ₹ 5,000 (US$58) and ₹ 10,000 (US$120) to celebrate Diwali in 2017. [ 172 ]
By 2021, spending during the holiday season was expected to continue to increase, but Black Friday was no longer a single day. It was instead an opportunity for retailers to offer deals during the season as online shopping continued to change consumer behavior. COVID-19 had increased the changes in buyer and retailer moves toward online ...
Naraka Chaturdashi (also known as Kali Chaudas, Narak Chaudas, Roop Chaudas, Choti Diwali, [1] Narak Nivaran Chaturdashi and Bhoot Chaturdashi) is an annual Hindu festival that falls on Chaturdashi (the 14th day) of the Krishna Paksha in the Hindu calendar month of Ashvin (according to the amanta tradition) or Kartika (according to the ...