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India Business News: The Centre has asked Amazon and Flipkart to establish Open Network for Digital Commerce (ONDC) storefronts on their home pages to support the governme ....
Udaan was eyeing an IPO in 2023. But the viability of its business was questioned revenue dropped massively in FY23 and the company continued to make heavy losses. The B2B commerce company now has a new deadline to hit the public markets. A new business model, too. ....
Ecommerce: In February this year, the retail traders body had written to the CCI, seeking urgent steps in the Delhi Vyapar Mahasangh case involving the anti-competitive practices of Amazon and Flipkart. ....
The Centre has asked Amazon and Flipkart to set up Open Network for Digital Commerce (ONDC) storefronts on their home pages to help the government-backed network scale up operations and assist with deliveries, said executives aware of the development. The aim is to boost operations and order efficiencies as well as iron out glitches and delays on ONDC, they said. ....