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Corporate Global

Cashfree announces its partnership with Shipway, an eCommerce automation platform

Digital payments and banking technology company, Cashfree, has announced its partnership with Shipway, an eCommerce automation platform, for faster processing of Cash-on-Delivery (CoD) order refunds. With this partnership, Shipway’s merchants can now process refunds in a single click using Cashfree’s Payouts platform, according to a statement made by the company. Commenting on this partnership, Reeju […]

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Corporate

Unbxd and BigCommerce announce a partnership to enable eCommerce businesses to sell more and grow faster

Unbxd Inc., has been named a BigCommerce Certified Technology Partner, providing more than 60,000 BigCommerce customers access to Unbxd’s AI-powered self-serving Product Information Management solution. Beginning today, BigCommerce customers can integrate Unbxd’s service through the BigCommerce App Marketplace. “Our partnership with BigCommerce is another step towards our vision of modernizing digital commerce for retail stores […]

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Corporate

Zara to close 1,200 retail stores as coronavirus pandemic shifts focus on online shopping

The owner of clothing companies Zara and Massimo Dutti, Inditex recently said that it would be closing about 1,200 retail stores worldwide within the next two years. The recent decision by the company comes after it posted its first ever loss due to the coronavirus pandemic. Meanwhile the company also unveiled a $3.1bn plan to […]

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Corporate

Patanjali to foray into E-commerce space with its new online marketplace ‘OrderMe’

The Prime Minister of India, Narendra Modi recently announced the ambitious plan to make India “Atmanirbhar” or self-reliant to boost the economy and support the Indian industries. Taking cue from the Prime Minister, Yoga guru Baba Ramdev-backed Patanjali Ayurved is gearing up for the launch of its own e-commerce platform “OrderMe.” The platform will be […]

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Corporate

Reliance wants to acquire a majority stake in Netmeds: Report

In an attempt to strengthen its ecommerce footprint, Indian multinational conglomerate Reliance Industries Limited is reportedly in advanced talks to acquire a majority stake in Epharmacy startup Netmeds. According to a Times Of India report, Reliance, through one of its subsidiaries, may pay about $150mn for the assets including fresh capital infusion in the ten-year-old […]