US-based e-commerce giant eBay has confirmed that it is setting up a “representative office” in Indonesia. Daniel Feiler, Senior Director of Communications for eBay Asia Pacific, said that the company would soon commence a search for “Head for Cross-border Trade” as part of its expansion plans in the country.
American retail major Walmart is learnt to be exploring ways to tie up with leading e-commerce companies in India, including Flipkart, Snapdeal, ShopClues, Grofers and Bigbasket to tap the growing online retail opportunity eight years after it entered the country.
Baidu is in talks to invest in Indian e-commerce start-ups including Zomato, BookMyShow and BigBasket, a spokesman for China's top online search provider said.
Alibaba last week opened a store in China’s Tianjin Pilot Free Trade Zone, one of 10 such zones the government has authorized since 2013 where foreign companies can warehouse goods without sending them through customs.
Terraa has managed to successfully tackle the major problems that typically afflict grocery delivery startups in India. The app is equipped with a chat-like interface where users can select “prodicons”.