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India's e-commerce market was worth about $3.9 billion in 2009. As per "India Goes Digital", [10] a report by Avendus Capital, the Indian e-commerce market is estimated at ₹28,500 crore ($6.3 billion) for the year 2011. Online travel constitutes a sizable portion (87%) of this market today. Online travel market in India had a growth rate of ...
eBay Inc. (/ ˈiːbeɪ / EE-bay, often stylized as ebay and/or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. Sales occur either via online auctions or "buy it now" instant sales, and ...
As of September 2014, eBay has acquired over 40 companies, the most expensive of which was the purchase of Skype, a Voice over Internet Protocol company, for US$ 2.6 billion in cash plus up to an additional US$1.5 billion if certain performance goals were met. [2] The majority of companies acquired by eBay are based in the United States.
Flipkart was founded in October 2007 in Bangalore [ 11 ] by Sachin Bansal and Binny Bansal, alumni of the IIT, Delhi and former Amazon employees. [ 12 ][ 13 ][ 14 ] The company was started from a two-bedroom apartment in Kormangala, Bengaluru. The initial investment was provided by their families, which was INR 2 Lakh from each family.
Alma mater. Institute of Management Technology, Ghaziabad. Occupation (s) Co-founder & CEO, Pepperfry. Ashish Shah is an Indian entrepreneur. He is the co-founder and CEO of Pepperfry, [1] [2] a Mumbai -based furniture and home décor company. [3] Before that, he headed eBay's operations in India and the Philippines.
Ambareesh Murty. Ambareesh Vedantam Murty (1971 or 1972 – 7 August 2023) was an Indian entrepreneur and business executive. He was the co-founder and CEO of the e-commerce furniture and home goods company Pepperfry, which he co-founded with Ashish Shah in 2012. Before founding Pepperfry, Murty was a country manager at eBay for India.
Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser or a mobile app. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which ...
1970s–1980s. Very basic systems of electronic commerce emerge, using new technologies electronic funds transfer (EFT) and electronic data interchange (EDI), used by a relatively small number of people. [1][2] 1980s–1990s. During this time period, automated teller machines and credit cards laid down the foundation for the growing world of e ...