Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Myntra revises sellers' cut to drive sales

Mint Mumbai

|

June 18, 2025

Apparel marketplace Myntra has rolled out a revised seller fee structure, charging commissions as low as 0-1% for products priced under ₹500 in select categories like westernwear, sports apparel, and intimate garments, marking a departure from its earlier flat 15-16% commission, according to two sellers with direct knowledge of the development.

- Sakshi Sadashiv & Sowmya Ramasubramanian

The new structure appears aimed at boosting order volumes and sales frequency—especially in lower-price segments—and positions the Walmart-backed online retailer to better compete with online rivals like Meesho and Amazon, which dominate in value-driven categories. The revised rates went into effect last week.

MORE STORIES FROM Mint Mumbai

Mint Mumbai

Mint Mumbai

Govt may not fine green project exits

Until now, such surrender of projects wasn't allowed. In case developers sought to abandon projects, the government forfeited their bank guarantees

time to read

3 mins

September 22, 2025

Mint Mumbai

Thousands rally in Philippines as they protest corruption

Thousands of Filipinos joined marches in Manila and other areas of the country on Sunday, protesting against what organizers say is widespread corruption within the government.

time to read

2 mins

September 22, 2025

Mint Mumbai

Mint Mumbai

Doctors, nurses await clarity as H-1B fee may hit US offers

Astech workers brace for the impact of Donald Trump's H-1B work visa fees, another category of highly skilled Indian professionals awaits clarity: healthcare professionals.

time to read

2 mins

September 22, 2025

Mint Mumbai

Airfares to US spike amid H-1B visa confusion

Airfares and last-minute bookings from India to the US spiked this week amid confusion over who the new $100,000 fee on H-IB employment visas applies to.

time to read

1 mins

September 22, 2025

Mint Mumbai

Mint Mumbai

Tata Sons director urges Tata Int'l to focus on profit

Tata International has been in losses for the past two fiscal years

time to read

2 mins

September 22, 2025

Mint Mumbai

ONGC, OIL to begin new campaign in '26

State-run oil explorers ONGC and Oil India Ltd are planning to begin a ₹3,200 crore stratigraphic drilling campaign in untapped offshore areas early next year, as part of efforts to discover new hydrocarbon reserves and cut reliance on imports, officials said.

time to read

1 min

September 22, 2025

Mint Mumbai

Mint Mumbai

America’s $100,000 H-1B visa fee will redefine tech sector hiring

Indian IT service majors will be hit but let’s accept that the US programme had got warped and some reform was inevitable

time to read

4 mins

September 22, 2025

Mint Mumbai

Mint Mumbai

India Inc’s earnings growth might remain sluggish for next two years’

India Inc.’s elusive capex cycle expansion means corporate earnings growth might remain at mid-to-high single digit, according to Kenneth Andrade, precluding a tearaway market rally.

time to read

4 mins

September 22, 2025

Mint Mumbai

How Trump’s Chabahar U-turn puts India’s regional ambitions at risk

The US's move to revoke the sanctions waiver for Iran’s Chabahar Port has cast uncertainty over India’s regional trade strategy.

time to read

2 mins

September 22, 2025

Mint Mumbai

WORLD PEACE STAYS ELUSIVE AMID RISING CONFLICTS

Years ago, we accidentally bumped into each other in Anantnag. He narrated his tragic story insisting he was being harassed. He contacted senior district officials but to no avail.

time to read

3 mins

September 22, 2025

Listen

Translate

Share

-
+

Change font size