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 cuts around 300 jobs in annual performance review
E-commerce giant trims ~1.5 per cent of workforce as IPO preparations continue.
MUMBAI: Flipkart just gave performance the pink slip because when the annual review bell rings, even the biggest cart sometimes needs to lighten its load. Flipkart has let go of approximately 300 employees as part of its annual performance management cycle, Moneycontrol reported on 7 March 2026, citing people familiar with the matter. The exits represent roughly 1.5 per cent of the company’s total workforce of around 20,000 people across its businesses.
The move follows Flipkart’s standard practice of asking employees placed in lower performance bands to leave during yearly reviews, a process the company has carried out periodically in recent years. A similar exercise in early 2024 saw around 1,000 employees (nearly 5 per cent of the workforce) exit.
The latest round comes amid Flipkart’s continued push for operational efficiency and cost discipline, mirroring broader trends across the Indian startup ecosystem where funding slowdowns have shifted focus toward profitability.
The development also arrives as Flipkart advances preparations for a potential domestic IPO. The company has held early discussions with investment banks including Goldman Sachs, Morgan Stanley, JP Morgan and Kotak Mahindra Capital to explore feasibility. Industry sources indicate a possible listing timeline of late 2026 or early 2027, though the final size and schedule remain undecided.
In December 2025, Flipkart received National Company Law Tribunal approval to shift its holding company domicile from Singapore back to India. a key regulatory step that simplifies the group structure ahead of a public market debut.
Controlled by Walmart, Flipkart remains one of India’s largest e-commerce platforms, locked in fierce competition with Amazon. In a market where every rupee counts and every headcount is scrutinised, the latest cuts aren’t just housekeeping, they’re part of a bigger balancing act between growth ambitions and the road to listing.
