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Zooplus sales increased

Zooplus sales increased by 31% during 2015 and it reached a level of 711 million users.
 

Zooplus was founded in Germany in in 1999. It is the leading online retailer of pet supplies in Europe. It has dedicated ecommerce websites in 30 European countries, selling over 8,000 different products such as pet food, scratching posts, dog baskets and toys.

Freecharge- chat and pay option

Freecharge has introduced a chat and pay option enabling customers to talk to merchants and pay for their purchase.

The chat and pay service of freecharge is currently only available on Android. The iOS and Windows tool will be released soon, a statement released by the company stated.

Snapdeal gets $40mn funding from Bessemer and others

SnapDeal on Friday said it has raised USD 40 million from global investors Bessemer Venture Partners, along with existing investors Nexus Venture Partners and IndoUS Venture Partners.

In January this year, Nexus Venture Partners and Indo-US Venture Partners had invested about USD 12 million in Snapdeal.

Shopsity to raise $3million

Shopsity, a shopping app that connects offline lifestyle retailers to customers in their vicinity, became profitable within three months of going live in the Delhi/NCR region.

Encouraged with the response received by 500 lifestyle retailers who are using Shopsity to generate an average transaction value of 12,000 a month, the app has just been launched in Lucknow and will be launched in Chandigarh and Jaipur next month.

M&M launches Ecommerce Startup

M&M – Mahindra group had announced its ecommerce startup for the agricultural equipment rental services called Trringo. They are planning for a venture of around Rs 10 crore once it expands the business model.

This ecommerce start up will connect the farmers looking to rent farm equipment either through an app or a call. Trringo will operate on a franchise and aggregator-based business model, according to Rajesh Jejurikar, president and chief executive, farm equipment and two wheelers, Mahindra and Mahindra. “Trringo will provide the brand promise of equipment availability, commitment and performance to transform lives of farmers,” he said. The firm will appoint franchises in regional rural hubs, which will buy new farm equipment as well as aggregate the existing equipment for rents.

Flipkart invests Rs338 crore in Myntra

Flipkart has invested Rs.338 crore into online fashion store Myntra to boost its leadership position in the fashion segment.  Myntra Designs Pvt. Ltd in January received the funds from Singapore-based FK Myntra Holdings Pvt.Ltd, a unit of Flipkart Ltd, the documents show.

ODS-On Demand Solution launched ecommerce software solution

ODS- On Demand Solutions has already ecommerce software for B2B retailers, has now launched solution for B2C retailers with the Omni-Channel functionality. ODS-On Demand Solutions  focuses especially on small and medium-sized companies.

Adidas and Puma in to Ecommerce

The famous sports accessories makers Puma and Adidas have sought the government's permission to operate their own ecommerce portals.

The two firms puma and adidas have also sought clarification and approval from the government on whether their existing wholesale entities can engage in direct retailing and ecommerce, executives said.

Amazon and Wal-mart leads the Ecommerce Industry

The e-commerce sales in the U.S. continue growing by 10 to 12 percent a year, total e-commerce sales are already at substantial levels as traditional brick-and-mortar retailers have expanded their online efforts.

As a result, total annual retail e-commerce sales are $201 billion, according to the 180 companies tracked by eMarketer. For the top 25 retailers, total annual e-commerce sales come in at $159 billion, with Amazon Inc., Wal-Mart Stores Inc. and Apple Inc. taking the top three spots.

Flipkart’s New Advertising platform

Flipkart has launched its new advertising platform called as Brand Story Ads on the mobile app with over 50 leading brands on board.

With the launch of Brand Story Ads, Flipkart has ventured into Commerce Advertising. Commerce Advertising delivers a holistic view of consumer's purchase journey post ad interactions and highlight effectiveness of the advertising campaigns.

India’s most trusted ecommerce brand-AMAZON

Amazon is considered to be the India’s most trusted Ecommerce brand followed by Snapdeal and Flipkart. The list is followed by other firms like eBay, Myntra, Yepme, Jabong, Naaptol, Shopclues and Askmebazaar.

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New COO of Jabong

Jabong, the leading online fashion destination announced Mr. Muralikrishnan B as its new COO- Chief Operating Officer. He will be responsible for overseeing the technology, product and digital marketing functions.

Mr. Muralikrishnan has worked with large internet service providers (ISPs) in product management roles before joining eBay in 2005, where he performed leadership roles in product management, category management and marketing before taking over as its Country Manager for India, Philippines and Malaysia in 2011.

Relaunch of Myntra

Myntra, the Online fashion retailer reopened its mobile website on Tuesday. Myntra shut down the mobile and desktop versions of its website and gone app only in May 2015. 

In a phone conversation with Gadgets 360, Ambarish Kenghe, Head of Product, Myntra told Gadgets 360 that it sees its new mobile Web experience as an audition platform, that drives them to install the app. "The overall strategy hasn't changed - if you look at the mobile site, we are pushing really hard for people to install the app because that is the best experience, where we have all the community and engagement features," he said.