Page 13 - E-commerce Market
Warehousing absorption to grow 83% on e-commerce, manufacturing expansion
Third party and e-commerce accounted for 60% of total absorption in 2020, followed by manufacturing at 24%. That year, investments of over $1-bn were made in industrial & warehousing market
 "Warehousing absorption to grow 83% on e-commerce, manufacturing expansion")
Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn
The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion
 "Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn")
Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report
While IT/ITeS continues to grab the lion's share, leasing activity is being driven by increased demand from sectors such as e-commerce, healthcare and FMCG
 "Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report")
Flipkart Wholesale app logs 75% month-on-month growth in customer base
Flipkart Wholesale app, which currently offers fashion products to retailers in 23 cities, witnessed 75 per cent month-on-month growth in customer base since its launch in September
 "Flipkart Wholesale app logs 75% month-on-month growth in customer base")
Retailer Myntra Designs sees loss widening to Rs 744.4 crore in FY20
Online fashion retailer Myntra Designs saw its loss widening to Rs 744.4 crore for the financial year ended March 2020, according to regulatory documents.
 "Retailer Myntra Designs sees loss widening to Rs 744.4 crore in FY20")
Analysts cheer Colgate's growth plans and focused product innovation
Focus on modern trade and market share gains has led brokerages to hike their target price estimate for the stock
 "Analysts cheer Colgate's growth plans and focused product innovation")
Rising tech adoption among small businesses a big opportunity: Shopify
Shopify is at an inflection point in India, as the market opportunities for online commerce in the country are expected to touch $200 billion by 2028
 "Rising tech adoption among small businesses a big opportunity: Shopify")
The next online tonic: E-majors, corporate giants eye e-pharmacy business
Amazon, Reliance recently announced their foray into e-pharma sector
 "The next online tonic: E-majors, corporate giants eye e-pharmacy business")
Only Bengaluru office market among top cities that may see rents go up
In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020
 "Only Bengaluru office market among top cities that may see rents go up")
Start-ups take on Covid gloom with campaigns around safety and positivity
Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional
 "Start-ups take on Covid gloom with campaigns around safety and positivity")
From Gangtok to Gir, Flipkart and Amazon festive sales traverse India
The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
 "From Gangtok to Gir, Flipkart and Amazon festive sales traverse India")
Online sale of durables nearly doubles this season, grabs offline share
With consumers staying indoors, e-commerce firms have extended their reach to a larger number of pin codes
 "Online sale of durables nearly doubles this season, grabs offline share")
We believe e-commerce can touch $100 bn: Flipkart CEO Kalyan Krishnamurthy
Being an industry leader, the role that Flipkart plays is to expand the market, says Krishnamurthy
 "We believe e-commerce can touch $100 bn: Flipkart CEO Kalyan Krishnamurthy")
FMCGs, retailers continue to forge direct consumer link as lockdown eases
Retailers continue to innovate on last-mile delivery; FMCGs focus on digital channel
 "FMCGs, retailers continue to forge direct consumer link as lockdown eases")
Amazon's arbitration proceedings against Future Group may start from Nov
This follows a dispute over the Future's sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL)
 "Amazon's arbitration proceedings against Future Group may start from Nov")
Video commerce takes wing with near-life-like shopping experience
Unlike e-commerce shopping, video commerce provides a personalised buying experience to both buyers and sellers who are connected in real time
 "Video commerce takes wing with near-life-like shopping experience")
Logistics growth to be driven by e-commerce among other sectors: ICRA
The near-term growth of the Covid-19-battered logistics sector is expected to be driven by specific segments like e-commerce, ratings agency ICRA said on Monday
 "Logistics growth to be driven by e-commerce among other sectors: ICRA")
Consumers come to grips with 'new normal' as Covid-19 cases rise in country
From groceries to electronics, consumers are more willing to buy online as compared to three months back
 "Consumers come to grips with 'new normal' as Covid-19 cases rise in country")
Ecom Express to create 30,000 temporary jobs ahead of festive sales
E-commerce firms see a large chunk of their business coming in during festive sales and they make significant investments ahead of time to ramp up capacity
 "Ecom Express to create 30,000 temporary jobs ahead of festive sales")
A year later, govt's plan to enter e-retail remains a non-starter
Bharat Craft portal planned by the MSME ministry to help small biz, rural and tribal communities still not ready
 "A year later, govt's plan to enter e-retail remains a non-starter")