An initial public offering (IPO) is part of Flipkart’s ambition and long-term strategy, but the Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold. The statement comes amid reports that Flipkart, which is locked in an intense battle with US giant Amazon for leadership in the Indian market, is looking at tapping into the US equity market by 2022.”An IPO has always been part of Flipkart’s ambitions and long-term strategy but right now, we don’t have a time frame on that.

Publication : Moneycontrol

Date : June 24, 2019

Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on thousands of goods made in China, and Lin faced a difficult choice: eat the additional cost or try and pass it onto his mostly American customers. He chose to raise prices and watched sales of some products dive by as much as one third in just two weeks.Amazon.com Inc. merchants around the world are scrambling to navigate an unpredictable trade war that’s upending their proven business model of buying inexpensive goods in China and selling them at a markup in the U.S.

Publication: Mint

Date: June 25, 2019

Pepperfry has introduced standalone experiential Studios in the mattress and sleep category, Pepperfry Snooze Studios. The Pepperfry Snooze Studios have been designed to break through the existing clutter in the category by offering a unique, highly differentiated and best-in-class consumer experience.During the current fiscal year, Pepperfry is planning to open 30 Snooze Studios in Bangalore, Mumbai and Delhi. The company’s goal is to provide easy access to the consumers in these markets.

Publication: Indian Retailer

Date: June 25, 2019