Page 9 - E-commerce Market

From fashion to food, behind the scenes of India's direct-to-consumer rush

Over 600 brands born on the internet are selling to customers directly in India. It is now called the direct-to-commerce rush. Let us understand how this trend is shaping up in Indian e-commerce

TMS, Ep 39: GST on cryptos, D2C rush, investing in IPOs, and ELSS schemes

How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings schemes? How is D2C different from traditional business? All answers here

Super app war: Adani, Tata and Reliance Industries go on acquisition spree

The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers

Connected consumers in India likely to spend 42% more than last yr: InMobi

Almost 68% of the respondents plan to shop online this festive season, with 43% of Indians increasing their online shopping budgets this year

Amazon spends $1.2 bn in legal expenses during 2018-20 for India presence

US e-commerce giant Amazon spent a staggering Rs 8,546 crore or USD 1.2 billion in legal expenses for maintaining a presence in the country during 2018-20, sources said.

Social commerce player DealShare to expand operations in Delhi-NCR

In the first phase, DealShare will provide services to more than 160 pin codes across Delhi, Ghaziabad, Faridabad, Meerut, Noida, and Gurgaon

Udaan names co-founder Vaibhav Gupta as CEO, plans IPO in 18-24 months

The B2B e-commerce platform looks at becoming a publicly listed entity in the next 18-24 months.

Infosys launches Equinox platform to boost clients' e-commerce sales

Infosys launched its 'Equinox' suite of solutions to help enterprises transform their online and in-store functions and deliver personalised omnichannel commerce experiences for B2B and B2C buyers.

Snapdeal expands logistics network, sets up 130 distribution hubs

Value e-commerce marketplace Snapdeal on Thursday said it has opened 130 new distribution hubs this year across the country that will help cater to the growing demand from smaller cities, especially during the festive season. The maximum number of these hubs are located in Maharashtra, Karnataka, Telangana, and Uttar Pradesh, Snapdeal said in a statement. The company has also augmented its logistics network in Jammu and Kashmir and in the North-East, and with the addition of these hubs, Snapdeal now serves over 26,000 pin codes, it added. "The network expansion is serving the growing demand for online shopping from smaller cities such as Baramulla (J&K), Saharanpur (Uttar Pradesh), Khammam (Telangana), Alwar (Rajasthan), Sambalpur (Odisha), Tumkur (Karnataka), Latur (Maharashtra), Dimapur (Nagaland) and is designed to speed up deliveries for customers in these cities and in surrounding areas," it said. The expanded network is also designed to cater to the surge in demand that is ..

Robotics & automation firm Addverb Technologies to further expand globally

This strategic initiative stems from increased demand for robotics and automation solutions in the global market

Govt to take 'balanced' approach on e-commerce rules: Consumer Affairs Sec

To protect the interest of consumers, the government has proposed key amendments to the Consumer Protection (e-commerce) Rules, 2020 which include ban on fraudulent flash sales and misselling

Ahead of festive season, Amazon, Flipkart scale-up facilities across India

The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency

Govt examining public comments on draft Consumer Protection (e-comm) Rules

The consumer affairs ministry is examining stakeholders' views on all provisions of the draft Consumer Protection (e-commerce) Rules, including definition of 'related party', a govt official said

Shopee dips toe in India e-commerce market with seller recruitment campaign

"Shopee is coming to India!" announces a video posted earlier in August that promises free shipping and no commission fees for sellers and buyers.

India among most exciting markets, to grow to $1 trn by 2025: Walmart CEO

The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a trillion dollars by 2025, according to CEO Doug McMillon

E-commerce enablement startup ANS Commerce eyes Rs 500 cr GMV in FY22

With reports suggesting an 88% increase in consumer demand for D2C brands/products, ANS Commerce plans to leverage this surge in demand to act as a catalyst for its business and revenue growth

Flipkart Plus sees robust growth, reaches 20 million customer base

Around 30% of monthly active customers on Flipkart are now Plus members. Today, Flipkart issues over 1 billion SuperCoins a month, where customers avail various benefits

Will extend full cooperation to CCI probe: Amazon, Flipkart on SC decision

E-commerce giants Amazon and Flipkart said they are in compliance with all the rules, and will extend full cooperation to the CCI probe, following the Supreme Court's refusal to entertain their pleas

E-commerce market's revenue at $56.6 bn in FY21: Choubey citing Nasscom

India's e-commerce market continues to grow at 5 per cent year-on-year, with an estimated revenue of $56.6 billion in the financial year 2020-21, despite the Covid-19 pandemic, according Nasscom

Amazon's recent numbers don't look good: should investors start worrying?

E-commerce sales are clearly slowing, foreshadowing more lackluster revenue results the rest of the year