Flipkart

Global giants like Alibaba, Amazon, Google, and Facebook are keeping a close watch on Indian digital payments opportunity, which is very much untapped since half of the Indians are yet to come online.

Amid slowdown, the Diwali season gives e-retailers like Amazon and Flipkart a significant boost.

Grofers ended FY 2019 with USD 360 million in revenues.

Over 42.6 million handsets have been shipped to India in the last two months to cater to the demand.

This is the fifth edition of Flipkart and Amazon’s annual flagship sale.

As India’s festive season approaches, e-commerce companies are flexing the muscle to out-do the competition

The announcement rings ahead of the e-tailer’s popular Big Billion Days sale during September-October.

There might be a cap on each company’s share of total UPI transactions.