The pandemic has by turn boosted and hobbled ecommerce platforms but Flipkart for one seems to have thrived on the whole, based on its latest numbers, which we report exclusively today.
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Exchanges plan ad blitz for festival crypto gold rush
Exclusive: Flipkart in line for a 50% rise in its annualised GMV at $23 billion
This year's GMV run-rate indicates more than 50% growth year on year for the Walmart-owned ecommerce giant even as the sector remains in a policy flux. Of the current annualised GMV, around $20 billion is estimated to be from Flipkart while the rest is from Myntra.
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Facebook Asked by Italy Data Authority to Provide Privacy Clarifications on Ray-Ban Stories Smart Glasses
Facebook was asked by Italy's data protection authority to provide clarifications over the newly launched Ray-Ban Stories to assess whether the product is compliant with privacy laws.
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Apple vs Epic: Fortnite Maker’s Narrow Win in App Store Case Toughens Fight Against Google Play Rules
Android app makers suing to stop Google from siphoning up to 30 percent of their sales received little reassurance about their chances as a judge allowed a comparable fee charged by Apple to stand.
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Bitcoin in El Salvador: Chivo Digital Wallet Still Beset by Technical Glitches
For a fourth day in a row, technical glitches have beset the Salvadoran government's bitcoin digital wallet Chivo, a setback that could discourage residents from signing up to the app promoted by President Nayib Bukele.
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Apple vs Epic: Ruling Invites Future Efforts to Paint the iPhone Maker as Monopolist, Experts Say
Android app makers suing to stop Google from siphoning up to 30 percent of their sales received little reassurance about their chances as a judge allowed a comparable fee charged by Apple to stand.
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