Page 12 - E-commerce Industry

India business most affected due to Covid-19 outbreak, says Amazon

"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.

Covid-19 impact: Paytm Mall plans to partner with over 10,000 small shops

Currently, Paytm Mall is working with all leading logistics players including GATI, Ecom Express, Delhivery, Bluedart, FedEx

The rise of discretion

Recent decisions in the wake of Covid-19 have hurt India's FDI policy

Lighter workload, better safety: French court backs Amazon workers

Amazon must limit deliveries in France to IT products, health items, food and pet food, the Court of Appeal said, upholding a previous order for the firm to curtail shipments

Top headlines: Kirana shops beat online giants, milk demand down, and more

From New India Assurance to insure health workers, Centre disbursing first VRS package for BSNL, MTNL staff to challenges of e-commerce firms, Business Standard brings you top headlines of the day

Coronavirus impact: Delivery for e-commerce firms comes to a grinding halt

Government of Karnataka and Maharashtra have now put out an order saying that e-commerce shall be excluded from the restrictions to prevent the spread of Covid-19.

MEITY advises states to treat e-commerce delivery as essential service

The Indian e-commerce sector has come to a halt across the country including the supply of essential commodities due to various lockdowns to prevent the spread of Covid-19

E-tailers helping states continue with services during coronavirus pandemic

According to industry insiders, Flipkart, Amazon, Bigbasket, and Grofers have witnessed about 30 per cent spike in orders

Goodbye, smartphone decade...

...welcome, smarter-human era?

Big-box retailers turn to small stores amid soaring rentals, red tape

Ikea is not the only one moving away from large-format stores

Digital on-boarding key to retail growth, says Pine Labs' Kush Mehra

Fintech companies will need to design solutions with merchants in focus to encourage faster adoption, he says

The former Infosys engineer who is helping offline retailers go digital

ShopX co-founder Amit Sharma has built an app that's offered on an invite-only basis. His firm already has 50,000 customers, and aims to take that number up to 12 million

Alibaba backs logistics startup XpressBees again, plans to invest $10 mn

XpressBees is allotting 9,317 Series D1 compulsorily convertible preference shares at a price equivalent to $1,073.306 each, to Alibaba

UK's CDC Group invests $36 mn in Warburg Pincus-backed Ecom Express

Ecom Express offers express delivery to the e-commerce industry; claims its network reaches 90% of India's population

Warehousing sector gets Rs 25K-cr in investment since 2017; inflows to grow

The industrial and warehousing sector in India has attracted significant investor interest since 2017 led by robust demand from e-commerce and other consumer-led occupiers

At least half billion new users to log in internet by 2022: Omidyar report

Omidyar Network India report sees structural changes for future e-commerce

Some e-commerce companies are indulging in predatory pricing: Piyush Goyal

Global economic outlook is facing grave challenges amidst growing protectionism and rising trade tensions, said Piyush Goyal

Govt may create a regulator to settle e-commerce disputes: Report

Modi govt is under pressure from small traders, a traditional support base for the ruling BJP, to act against the big online retailers

CCI to give e-commerce firms advisory on discounts as trader protests grow

This comes at a time when Commerce Minister Piyush Goyal has gone public on foreign majors

Former truck driver becomes a billionaire with some help from Amazon

Masaru Wasami made the most of an opportunity in forging a partnership with Amazon for same-day delivery in Japan.