Tag: India

Honor Claims It Sold 1 Million Smartphones in India This Diwali

Huawei’s online-focused sub-brand Honor on Thursday announced that the brand has sold over one million smartphones during the Diwali festive season sale on Flipkart, Amazon and the Honor store. As compared to 2017, the company touched a 300 percent growth during the Diwali season sale, the company said in a statement. “The record-breaking sales are […]

China’s HOMTOM to Debut in India With 5 Budget Smartphones

China-based handset maker HOMTOM on Wednesday announced to enter the Indian mid-price segment with five smartphones starting at Rs. 8,000. Part of Shenzhen Zhouji Hengtong Technology Co, the company also announced it would manufacture its products in India. “Since inception, we have expanded our business in more than 200 countries and regions and made our […]

Indian Tablet Market Declined 10 Percent in Q1, With Lenovo in the Lead: CMR

The tablet market in India saw 10 percent decline in the first quarter of 2018 compared to the last quarter, with Lenovo leading the pack with a 23 percent market share, a new report said on Friday. According to CyberMedia Research’s (CMR) “Tablet PC Market” report, Samsung stood at second place with 21 percent share while Datawind was third at 16 percent. “Interestingly, […]

SoftBank Says Selling Its Entire Flipkart Stake to Walmart

SoftBank Group said on Wednesday it is selling its roughly 20 percent stake in Indian e-commerce firm Flipkart to Walmart. Walmart said earlier this month it will pay $16 billion (roughly Rs. 1.1 lakh crores) for a roughly 77 percent stake in Flipkart, the US retailer’s largest-ever deal. A SoftBank spokesman declined to give further details. SoftBank CEO Masayoshi Son said earlier […]

MobiKwik Launches UPI Services, Offers Its Own VPA Handle

MobiKwik on Wednesday announced the launch of Unified Payments Interface (UPI) on its platform via its own virtual payment address (VPA) handle @ikwik. MobiKwik users can by default use their mobile number as their own VPA which will be @ikwik. They will also be able to link multiple bank accounts with just one VPA and users can change primary […]

Indian Tablet Market Declined 10 Percent in Q1, With Lenovo in the Lead: CMR

The tablet market in India saw 10 percent decline in the first quarter of 2018 compared to the last quarter, with Lenovo leading the pack with a 23 percent market share, a new report said on Friday. According to CyberMedia Research’s (CMR) “Tablet PC Market” report, Samsung stood at second place with 21 percent share while Datawind was third at 16 percent. “Interestingly, […]

Amazon India Valued at $16 Billion, Has 30 Percent Market Share: Citi Research

While we are yet to see the impact of Walmart on Flipkart, but Citi Research claims its arch rival Amazon India is worth $16 billion (approximately Rs. 1.09 lakh crores). This is the same amount Walmart has agreed to pay to acquire a 77 percent stake in Flipkart. However, Amazon India has 30 percent market share despite the lower estimated valuation, […]

OnePlus 6 to Be Available via 112 Croma Stores Across India Starting May 22

Alongside its availability via Amazon India, online OnePlus Store, and OnePlus pop-up stores, the OnePlus 6 will also be available for purchase through Croma stores. Customers will be able to experience and buy the latest OnePlus flagship by visiting any of the 112 Croma stores across India from May 22. Croma stores will also host daily cashback offers with partners such as […]

Itel A44, A44 Pro, S42 Now Available With Rs. 1,800 Cashback via Airtel

China-based Transsion Holdings’ brand Itel Mobile on Friday extended its partnership with Airtel under the latter’s Mera Pehla Smartphone initiative. As part of the partnership, Itel’s A44, A44 Pro, and S42 devices will be available for customers at effective prices of Rs. 3,999, Rs. 5,399, and Rs. 6,699, respectively, thanks to instant cashback coupons worth a total of Rs. 1,800 from Airtel. To get the cashback, […]