e-commerce
Abidia launches wireless auction application for eBay
MUMBAI: Utah-based Abidia, the provider of online auction tools and services, has unveiled its third generation wireless applications for eBay. The product enables effortless real-time access to eBay accounts and listings for mobile devices worldwide.
Abidia develops wireless handheld devices for auction sites provided by eBay and Overstock.com.
The technology features a convenient auction experience comparable to a personal computer; users are allowed to bid, search, browse, and monitor live auction listings from the eBay site. Abidia Wireless 3.0 makes it easy to carry item listings and visual images as well as buyer and seller lists in your pocket.
Easy, on-the-go supervision of real-time auction status is a simple install away. Additionally, Abidia Wireless 3.0 offers a streamlined and improved interface allowing instant access to eBay auction information, informs a company release.
Abidia customers can now view items they are watching, selling, and bidding upon easily. Abidia Wireless is a convenient way to monitor auction status, including the current price, the amount of bids, the high bidder, as well as the seller and start and end times. With the improved user interface, information is easy to view, and simple to access.
Abidia technology provides an experience comparable with a desktop browser in speed, ease of use, and rich multimedia presentation. Abidia designed the new version to give customers a better choice for viewing eBay content, the release adds.
e-commerce
Flipkart rolls out 105 per cent bonus for 20,000 employees
Strong FY25 performance drives payouts even as layoffs and shifts unfold.
MUMBAI: In a year where belts were tightened and rewards loosened, Flipkart seems to be playing both offence and defence trimming roles on one hand while handing out a generous 105 per cent bonus on the other. The Walmart owned e commerce major has rolled out a 105 per cent bonus payout for 2025, covering nearly 20,000 employees, signalling a year of steady operational momentum even as the company navigates restructuring pressures. The payout, communicated internally by chief human resources officer Seema Nair, is tied to performance across key metrics including growth, operational efficiency, financial outcomes and people indicators, a combination that suggests the company is inching closer to its long stated goal of sustainable profitability.
Employees at SD level and below are set to receive their bonuses in March, while payouts for senior leadership, including vice presidents and senior vice presidents, will follow after the close of the performance cycle. The elevated 105 per cent multiplier stands out in a sector where cautious payouts have increasingly become the norm, pointing to what appears to be a relatively strong internal scorecard for FY25.
Yet, the announcement arrives with a noticeable contrast. Earlier this year, Flipkart reduced its workforce by around 300 roles as part of its annual performance review process. While officially framed as performance driven, the juxtaposition of layoffs alongside above target bonuses reflects a more nuanced balancing act, one that prioritises cost discipline while continuing to reward and retain high performing talent.
This dual approach is becoming increasingly common across the technology and e commerce landscape, where companies are navigating an uneven hiring environment while under pressure to deliver profitability. Rewarding top contributors, even amid selective workforce reductions, allows firms to maintain morale and retain critical talent without losing sight of financial prudence.
At the same time, Flipkart is also undergoing leadership shifts that hint at a broader strategic recalibration. Nishant Verman has been appointed senior vice president for corporate development and partnerships, while group chief financial officer Sriram Venkataraman is set to step down. Ravi Iyer will take on expanded responsibilities within the finance function, marking a reshuffle at the top as the company gears up for its next phase.
These changes come amid reports that Flipkart is planning to shift its holding structure back to India, a move widely interpreted as groundwork for a potential public listing. While timelines remain fluid, the combination of stronger financial discipline, leadership restructuring and employee incentivisation suggests a company preparing itself for greater scrutiny and scale.
For employees, the 105 per cent payout offers a welcome boost in what has otherwise been a period of adjustment. For Flipkart, it is a signal that even as it cuts where necessary, it is willing to spend where it counts. In the high stakes game of growth versus profitability, the company appears to be hedging its bets carefully, rewarding performance while reshaping itself for what could be its most defining chapter yet.
