Tag Archives: Goods

Flipkart Launches 2GUD Refurbished Goods Platform After Shutting Down eBay India

January 2, 2019 Comments Off on Flipkart Launches 2GUD Refurbished Goods Platform After Shutting Down eBay India

Flipkart on Wednesday finally launched its new e-commerce platform for refurbished goods that it had revealed late last month, when CEO Kalyan Krishnamurthy announced the shutdown of eBay India. Called 2GUD, it is the company’s first foray into the refurbished goods market – which it says is expected to be a $20 billion (roughly Rs. 1,39,740 crores) market in 5-6 ... Read More »

US Judge Dismisses Part of Alibaba Counterfeit Goods Lawsuit

August 11, 2016 Comments Off on US Judge Dismisses Part of Alibaba Counterfeit Goods Lawsuit

A US judge on Thursday dismissed part of a lawsuit filed last year by Gucci, Yves Saint Laurent and other luxury brands accusing Chinese e-commerce company Alibaba Group Holding Ltd of promoting the sale of counterfeit goods. US District Judge Kevin Castel in Manhattan dismissed racketeering claims asserted by brands owned by Paris-based Kering SA , saying their complaint failed ... Read More »