Page 19 - E-commerce Firms

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

Virtual war rooms set tone for mega e-commerce sale in Covid-19 times

While there's been no dinner on the house in the run up to the D-Day, the typical war room or the command centre has silently moved to the laptop and mobile screens of the executives coordinating the

Govt establishes authority to protect and enforce consumer rights

The additional secretary in the Department of Consumer Affairs, Nidihi Khare, has been given the charge of chief commissioner

E-commerce spends surpass pre-Covid levels post lockdown in Metros: Report

E-commerce spends surpassed pre-Covid-19 levels after the lockdown across Delhi, Mumbai and Bengaluru as more individuals opted to shop online for their discretionary and non-discretionary spends

Amazon Prime Day sale begins Aug 6, to offer over 1000 new products

More than 270 handicrafts sourced from artisans across the country will be on offer during Prime Day, says company

Google getting serious about competing with Amazon in online shopping

As the coronavirus pandemic continues, the push to create an online shopping marketplace to compete with Amazon has taken on new urgency as consumers are avoiding stores

New rules for e-commerce players coming into effect from week-end: Paswan

According to the rules, e-commerce players will have to display the total 'price' of goods and services offered for sale along with break-up of other charges

E-tailers, sellers face 'tag challenge' amid border dispute with China

Compliance issues and lack of guidance make mandatory disclosure of country of origin tough for sellers, e-tailers

Equalisation levy on e-commerce firms: Govt says tax in line with WTO rules

It emphasised that the levy was applicable prospectively, and could not be said to have 'extra-territorial' application

E-comm firms start work on country of origin tags for over 600 mn products

Industry insiders said that the e-commerce platforms had started working on the technology feature which involves a lot of coding, building algorithms and databases

Top headlines: Tatas in talks for AirAsia stake, google tax collection dips

From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.