Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said.

Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said.

Flipkart Hotels aims to provide customers options to book hotel rooms across 3 lakh domestic and international hotels. Apart from offering flexible travel and booking policies, Flipkart aims to offer easy EMI options as well. Launched on Cleartrip’s API, Flipkart Hotels will benefit from Cleartrip’s deep understanding of travel customers and sectors, the company said. […]
E-commerce firm Wayflyer bags $253mn debt financing from Credit Suisse

E-commerce firm Wayflyer bags $253mn debt financing from Credit Suisse

Wayflyer has secured a $200 million (plus $53 million mezzanine) debt financing facility from Credit Suisse. The venture, which earlier this year hit unicorn status as it announced a Series B funding round of $150 million , provides e-commerce businesses with a range of financing and analytics solutions. It says it will use the additional […]

WPP to buy European ecommerce consultancy Newcraft for undisclosed sum

WPP PLC (LSE:WPP) said it will buy European ecommerce consultancy Newcraft for an undisclosed sum. The Dutch-based company’s clients include airline KLM, Yakult, and the world-famous Rijksmuseum. The company, set up in 2007, calls itself a “bunch of nerds with a passion for everything that’s digital”. WPP said the acquisition will further strengthen its digital […]
WPP snaps up Dutch ecommerce firm Newcraft amid buoyant sales

WPP snaps up Dutch ecommerce firm Newcraft amid buoyant sales

The world’s biggest advertising group WPP has snapped up Dutch ecommerce consultancy Newcraft, as the powerhouse continues with its expansion push. The 155-strong business will join the Wunderman Thompson global network, bolstering out the firm’s presence in Northern Europe and digital commerce capabilities. “With consumer behaviours and use of new ecommerce channels continuing to change […]
The eCommerce transaction value of BNPL is booming globally

The eCommerce transaction value of BNPL is booming globally

BNPL lending was worth around a few billion U.S. dollars in 2019 but is estimated to increase by 1,200 percent by 2024, according to the report by Bigcommerce. Instead of paying with credit cards or other forms of financing, BNPL solutions allow shoppers to purchase products and pay in installments over time. It is common […]