Great Online Shopping Festival
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Great Online Shopping Festival
The Great Online Shopping Festival (GOSF) was an online shopping event created by Google India on 12 December 2012 in collaboration with a number of Indian online shopping portals. The concept of the GOSF was that the online shopping sites would give heavy discounts for one day, in order to promote their sales. In November 2015, Google announced that the event would not be repeated. History 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, Colombia, and the U.K.. In China a similar day of online shopping is observed on November 11, which is known as "Singles Day". Another same type of event started in 2012 in Australia named Click Frenzy. The first Great Online Shopping Festival in 2012 ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ...
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Snapdeal
Snapdeal is an Indian e-commerce company, based in New Delhi, India. It was founded in February 2010 by Kunal Bahl and Rohit Bansal. Snapdeal was one of the largest online marketplaces in India. Snapdeal targets the value e-commerce segment, which Bahl estimated to be three times larger than the branded goods market. Fashion, home and general merchandise account for a majority of the products sold by over 500,000 sellers on Snapdeal. Buyers from more than 3,700 towns in India shop on Snapdeal. History Establishment Snapdeal was founded on 4 February 2010 as a daily deals platform, before expanding to become an online marketplace in October 2011. Unsuccessful merger with Flipkart Reports emerged in Q2 2016 that SoftBank Group planned to engineer a merger between Snapdeal and Flipkart. Discussions took place for months, but concluded in July 2017 after the deal fell through due to lack of consensus among Snapdeal's board members. Disagreements over valuation and proposed ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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Jabong
Jabong.com was an Indian fashion and lifestyle e-commerce portal founded by Praveen Sinha, Lakshmi Potluri, Arun Chandra Mohan and Manu Kumar Jain. In July, 2016 Flipkart acquired Jabong through its unit Myntra for about $70 million. In February 2020, Flipkart formally shut down Jabong to shift focus completely on its premium clothing platform Myntra. The portal sold apparel, footwear, fashion accessories, beauty products, fragrances, home accessories and other fashion and lifestyle products. The company's headquarter was in Gurugram, NCR, India. History It was co-founded by Arun Chandra Mohan, Praveen Sinha, Lakshmi Potluri and Manu Kumar Jain. All co-founders have left the company. In March 2013, Jabong was dispatching over 6,000 orders a day. According to The Economist, Jabong clocked gross sales of around US$100–150 mn in 2012. As per a Rocket Internet investor presentation, Jabong had a net revenue of 32.6 million euros in Q1 2016, up 14% from 28.6 million euros in the ...
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Myntra
Myntra is a major Indian fashion e-commerce company headquartered in Bengaluru, Karnataka, India. The company was founded in 2007-2008 to sell personalized gift items. In May 2014, Myntra.com was acquired by Flipkart. In May 2022, Myntra launched an express delivery service on its app to offer one of a kind of experience by fashion & beauty platform. This service allow shoppers to receive their orders for products marked with ‘M-express tag’ on the listing page within 24–48 hours of purchase. History Established by Mukesh Bansal along with Ashutosh Lawania and Vineet Saxena; Myntra sold on-demand personalized gift items. It mainly operated on the B2B (business-to-business) model during its initial years. Between 2007 and 2010, the site allowed customers to personalize products such as T-shirts, mugs, mouse pads, and others. In 2011, Myntra began selling fashion and lifestyle products and moved away from personalisation. By 2012 Myntra offered products from 350 Indian an ...
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Digit (magazine)
''Digit'' is an Indian technology media publisher (magazine and website) owned b9.9 Group Digit's tagline is "Your Technology Navigator" and it uses the testing done via its Test Centre and reviewers to provide technology buying advice Indians in seven different Indian regional languages – Besides English and Hindi, it is also available in Bangla, Kannada, Malayalam, Marathi, Tamil, and Telugu. Digit Magazine Digit Magazine is a monthly Indian technology magazine that was launched in June 2001 by Jasubhai Digital Media (JDM) Private Limited, which was then bought over by the 9.9 Group in December 2007. According to the last Indian Readership Survey results that mentioned it (IRS 2011 Q1) it has a readership of about 230,000. The IRS surveys have shown Digit to be the most read technology magazine in India. It is officially circulated only in Indian sub-continent, but also reaches Nepal, Sri Lanka, Oman, Dubai, and some other countries through unofficial channels. It is o ...
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Infibeam
Infibeam Avenues Limited is an Indian payment infrastructure and software as a service (SaaS) fintech company that provides digital payment services, eCommerce platforms, digital lending, data cloud storage and omnichannel enterprise software to businesses across industries in India and globally. Through its flagship brand, CCAvenue, the business is present in the payment infrastructure market, processing more than $49 billion in online payments. Infibeam Avenues claims to have more than 6.4 million merchants on its platform. It also operates in overseas markets like the USA, KSA, UAE, and Australia. It is headquartered in GIFT City, Gujarat, India with offices in Delhi, Mumbai and Bengaluru. History Ex-Amazon executive Vishal Mehta, a Cornell University and MIT graduate, decided to return to India in 2007 and founded Infibeam. The company was started with an initial capital of 10-15 crore. Infibeam Avenues was listed on the BSE and the NSE in 2016. Infibeam provides its ...
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Indiatimes Shopping
Indiatimes Shopping was the ecommerce division of The Times of India Group, India's largest media conglomerate. It is one of the pioneers in electronic commerce in India and services its customers through various channels including online and selling over the phone. It also provided platform services for brands to go online and sell their products in partnership through White-label. Some of the major categories sold through Indiatimes Shopping included men & women footwear, apparel & accessories, lifestyle, home décor, mobile phones, consumer electronics, health & personal beauty products, books, jewellery, baby products and flowers & gifts. Indiatimes Shopping operated through a hybrid model which is a mix of warehousing and marketplace. Business model Indiatimes Shopping initiated its operation in the year 2000, being one of the earliest e-commerce companies in India. It has various business models. E-tailing Indiatimes Shopping sold a range of products online including f ...
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Cyber Monday
Cyber Monday is a marketing term for e-commerce transactions on the Monday after Thanksgiving in the United States. It was created by retailers to encourage people to shop online. The term was coined by Ellen Davis of the National Retail Federation and Scott Silverman, and made its debut on November 28, 2005, in a Shop.org press release entitled Cyber Monday' Quickly Becoming One of the Biggest Online Shopping Days of the Year". Cyber Monday takes place the Monday after Thanksgiving; the date falls between November 26 and December 2, depending on the year. Cyber Monday has become the online equivalent to Black Friday and offers a way for smaller retail websites to compete with larger chains. Since its inception, it has become an international marketing term used by online retailers around the world. According to the Shop.org/Bizrate Research 2005 eHoliday Mood Study, "77 percent of online retailers said that their sales increased substantially on the Monday after Thanksgi ...
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Flipkart
Flipkart Private Limited is an Indian e-commerce company, headquartered in Bengaluru, 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 service competes primarily with Amazon's Indian subsidiary and domestic rival Snapdeal. As of March 2017, Flipkart held a 39.5% market share of India's e-commerce industry. Flipkart has a dominant position in the apparel segment, bolstered by its acquisition of Myntra, and was described as being "neck and neck" with Amazon in the sale of electronics and mobile phones. Flipkart also owns PhonePe, a mobile payments service based on the UPI. In August 2018, American retail chain Walmart acquired a 77% controlling stake in Flipkart for US$16 billion, valuing Flipkart at around US$20 billion. Flipkart is valued at $37.6 billion as of 2022. It is pl ...
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