Page 18 - E-commerce Firms

Haryana govt allots 140 acre land to Flipkart to set up fulfillment centre

The fulfilment centre will have a covered area of 3 million square feet at Patli Hazipur, Manesar in Gurugram district, the statement issued by the Haryana government said

Prepping for the festive cheer: Amazon scales delivery network in India

Competing with Walmart-owned Flipkart and Reliance-owned Jiomart, the e-commerce major has added tens of thousands of delivery partners to serve the rising customer demand for the festive season

CAIT seeks early rollout of e-commerce policy to curb malpractices

The Confederation of All India Traders (CAIT) claimed that the country's e-commerce ecosystem has been greatly vitiated by large e-commerce companies

Japan's MonotaRO invests $15 mn in joint venture with Industrybuying.com

MonotaRO will own 51.6 per cent stake in the JV, IB monotaRO Pvt Ltd, while the rest will be held by Emtex Engineering Pvt Ltd

E-commerce, IT, telecom and pharma buck lockdown trend, stay resilient

Confined indoors, people veered towards over-the-top (OTT) platforms and ordering everything online

E-commerce cos fret over Madras HC ruling on GST refunds on service inputs

The high court's order, which says refunds paid on service inputs can be restricted, runs contrary to Gujarat HC verdict and could complicate matters

Taking all shelf space: Why Reliance Retail will be a tough act to follow

Reliance Retail is everywhere, and its consumers can do just about everything - entertainment to payments and financial product purchase - that business model is hard to emulate, writes Arvind Singhal

No global offers, but highest domestic pay up 35% in IIM-A's PGPX placement

Attracts domestic maximum earning potential (MEP) of Rs 81 lakh as against Rs 60 lakh last year

Are Covid and the economy still linked?

The pandemic, much less fatal than earlier feared, is now beyond control, but the economy can still be helped

BigBasket sees 84% increase in new customers as compared to pre-Covid level

Retention rates higher by 50%, number of orders up over 40%; daily fresh deliveries double

Traders' body urges govt to probe Chinese investments in Indian startups

In a letter to Commerce and Industry Minister Piyush Goyal, CAIT shared a list of 141 prominent Indian startups claiming they have significant Chinese investments

E-commerce retail market expected to cross $100-bn mark by 2024: Report

The e-commerce retail market, which stood at USD 30 billion in 2019, is expected to cross the USD 100-billion mark by 2024, driven by an increasing set of suppliers selling online and change in buying behaviour of consumers, among others, according to a white paper released on Thursday. The rise of online fresh groceries sales along with growing numbers of prepared food delivery companies entering this space could propel category growth by five times in the next five years, according to the paper jointly prepared by global professional services firm Alvarez & Marsal (A&M) India and CII Institute of Logistics. According to the white paper, titled 'Enabling the next wave of e-commerce in India through supply chain innovation', some of the key evolving models for e-commerce include order to store for apparel; dark store for FMCG/ grocery and meat/pharmaceuticals; store to customer deliveries for FMCG grocery and omnichannel presence for retailers. The Indian retail landscape has .

Over 2,000 online sellers file antitrust case against Amazon in India

The case presents a new regulatory challenge for Amazon in India, where it has committed $6.5 billion in investment but is battling a complex regulatory environment

All-in-one app race heats up with Tata's plan to roll out one by Jan 2021

Reliance Jio, which signed a $5.7 bn deal with Whatsapp owner Facebook, is building its own digital empire by entering the hot e-commerce space in the grocery segment with its JioMart

Flipkart resolves to transition to EVs by 2030, make them locally

According to sources, Flipkart is expecting to have more than 35,000 electric vehicles by 2030 and they would be made in collaboration with local OEMs and start-ups

Festive strategy: Digital shoppers in focus as firms eye sales turnaround

Covid-19 has changed the way companies sell and people shop. The first of a three-part series looks at firms' changing strategies as festive season kicks off

Amazon's consumer CEO Jeff Wilke to retire in 2021, Dave Clark to take over

Bezos, who became the world's richest person as Amazon's stock soared, said in another note to staff that Wilke's "legacy and impact will live on long after he departs

Flipkart top executive Anil Goteti leaving to pursue entrepreneurial goals

Will be with Flipkart till November, and will continue to be associated with the firm in consultative capacity after the its flagship sale event 'Big Billion Days'

Warehousing demand may rise as e-comm firms target same-day delivery

The demand is likely to be for warehousing of 5000-10,000 sq ft size, property consultant Colliers International said

Facebook plans to expand footprint, steps up product testing in India

Plans to export JioMart-WhatsApp model