Page 8 - E-commerce Companies

'Gig hiring picks up ahead of festive season, led by e-commerce firms'

Ahead of the festive season, the demand for contract workers has witnessed a 66 per cent sequential growth during June mainly led by e-commerce companies, according to a report.

Simple-to-use tech platform helps Meesho penetrate India's hinterlands

Meesho said sellers & buyers from tier 2-3 cities and rural India are finding value in the platform's ease of operations and technologies customised as per their unique needs

Aiming to clock 100 mn users by end of 2023, says Flipkart's Shopsy

Flipkart's social commerce platform has over 250,000 sellers and 150 million products ranging across fashion, beauty, mobiles and home

Udaan lays off about 180 employees in a move to drive cost-efficiency

The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months

Most analysts positive on Nykaa as firm takes rollercoaster ride after IPO

However, there is a significant variance in valuations, ranging from Rs 1,300 to Rs 1,730

Amazon's new India chief pulled plug on cricket, not the country

Amazon pulled the plug before the IPL auction started and decided those billions would be better spent on Amazon's e-commerce business

Sea's e-commerce arm Shopee laying off staff across Southeast Asia: Report

The move is reportedly aimed at "rationalising its e-commerce business" as rising inflation and high interest rates have hit the startup ecosystem globally

Consumer affairs ministry to set up panel for FAQ on cryptocurrencies

Calls meeting to discuss complaints against edutech firms

Consumer Affairs Ministry to hold meeting with edtech firms amid complaints

Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".

42% users say e-commerce sites display country of origin: LocalCircle study

It has been almost two years since govt asked online platforms to ensure compliance to display this information

Social e-com firm Meesho eyes $500-mn war chest; funds to be used for M&As

Mandates Morgan Stanley to find lead investor; funds to be used for M&As

Data breach: Business models of payment platforms under RBI scrutiny

Seeks info on lending ops after cases of data breach

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises

Facebook-backed Meesho targets early 2023 for IPO: Report

In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group

Alibaba reports smallest rise in quarterly revenue, misses expectations

The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

India to soon become 5th largest beauty market: Nykaa chairperson

FSN E-Commerce Ventures Ltd, which runs Nykaa, had posted about 57 per cent decline in consolidated profit after tax to Rs 29 crore in the third quarter

Nykaa shares down nearly 8% as net profit declines 57% in December quarter

On Wednesday, the firm reported about a 57 per cent decline in consolidated profit after tax (PAT) to Rs 29 crore in the third quarter ended December 31, 2021

Nykaa profit drops 59% to Rs 28 cr in Q3, revenue up 36%

The company's consolidated gross merchandise value grew 26 per cent sequentially and 49 per cent on a YoY basis to Rs 2,044 crore in Q3 of FY22

Meesho adopts boundaryless workplace model to attract talent

Earlier, Meesho also introduced employee friendly practices like 30-week gender-neutral parental leave policy, gender reassignment leave and 10-day reset and recharge policy

Has 2021 been a watershed moment for India's e-commerce industry?

New forms of online distribution and business models like live commerce, quick commerce, group buying, WhatsApp commerce, dukaantech and D2C roll-up have made their mark this year