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From Myntra and Jabong to PhonePe, and now talks with BookMyShow, Swiggy, UrbanClap - Flipkart could be eyeing stakes in or buyouts of smaller peers to grow its own top line LATEST NEWS     :India’s largest home-grown internet company Flipkart is looking at acquiring stakes or buying out smaller peers to grow its own top line, a model perfected by Chinese counterparts Alibaba, Tencent and Baidu. Flipkart is said to be in talks with multiple firms like online food-ordering and delivery service Swiggy, home services firm Urban Clap, online furniture retailer Urban Ladder, ticket-booking platform BookMyShow and even some financial technology firms, according to a Livemint report on Monday. These deals seem to be at an exploratory stage, but Flipkart’s intent is increasingly becoming clearer. While investments in some of these firms might have obvious benefits – for example, Urban Ladder could list its furniture exclusively on Flipkart, or Swiggy’s delivery fl...

The additional 14 fulfilment centres will bring the total to 41 centres for Amazon in India Amazon India is doubling its storage capacity with the addition of fourteen new fulfilment centres this year as it looks to cater to a growing base of Prime customers who demand expedited shipping. The company says the expansion will create an opportunity for the employment of around 5,000 individuals, spread across its 14 new centres. This figure will not include the temporary workforce Amazon hires to fulfill increased order demand during festivals and sales. Read this: Gaining in translation: Language users are blowing up internet in India "We've continued to expand our network over the past three years. For Prime customers, this growth in fulfilment centres enables them to get deliveries faster. So as the Prime customer base in India grows bigger they will be able to benefit from this," said Akhil Saxena, Vice President for Customer Fulfilment at Amazon Indi...