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The Bengaluru-headquartered startup, which operates a social commerce platform, is currently at a GMV run rate of over $5 billion and its eponymous app grew 32% year-over-year in December 2023 ...
The items sold through Bazaar will be priced under 600 Indian rupees, or $7.2, the company says in its communication. “Your products will be featured in a special store on Amazon, making them ...
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to ...
Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
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.
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