Page 2 - Ecommerce Firms

Rapid growth of e-comm matter of concern, not source of pride: Piyush Goyal

Union Commerce Minister Piyush Goyal raised concerns over the rapid growth of e-commerce in India, questions predatory pricing strategies employed by online retail giants

Shoes in 10-minutes: Footwear major Bata wants to join quick-commerce race

The quick-commerce space is becoming an attractive business opportunity, witnessing increased interest from investors. Big guns like Reliance and Walmart want to enter the sector too

E-commerce and consumer internet industry welcomes FM Sitharaman's Budget

Krishnamurthy said the government's commitment to green energy and critical mineral missions underscores a forward-looking strategy to ensure sustainable development

Amazon, Flipkart target small towns to expand personal care business

India's beauty and personal care market, which saw a fourfold increase from 2006 to 2022, is expected to multiply fivefold over the next 15 years

Delhivery, Xpressbees venture into quick-commerce to meet soaring demand

Gurgaon-based Delhivery has started overseeing larger warehouses for Swiggy Instamart while Xpressbees is discussing partnerships with key players in the industry

Commerce Ministry's focus likely on signing FTAs, reviving exports

The new government is likely to complete the unfinished agenda, particularly related to signing of the free trade agreement (FTA) with Oman

Meesho's Valmo to aid profitability growth, concern for third party players

In this short span, Valmo has expanded its reach to include 6,000 pin codes across over 20 cities. The platform has over 3,000 micro entrepreneurs

Non-metros emerging as significant contributors to fashion: Myntra's CBO

Sharon Pais says the demand for international fashion labels, particularly from tier-II cities and beyond, has seen a notable uptick

E-commerce majors Amazon, Flipkart flouted antitrust laws: CCI probe

Competition regulator to soon share report with firms

Health drink to food drink? Ecommerce sellers in a reorganising mode

Major players are working with sellers on their platforms to change the listing of products

Flipkart gives 100% bonus to employees and merit-linked payouts

The number of employees receiving increments this year will be higher than last year, according to the sources

Flipkart, Zomato, Amazon lead efforts to recruit women for night shifts

Presently, women constitute 10% of the overall workforce in e-commerce businesses

Uber signs pact with govt-backed ONDC to democratise digital commerce

Ride hailing services firm Uber on Thursday said it has signed a pact with government-backed Open Network for Digital Commerce (ONDC). A Memorandum of Understanding (MoU) was signed in the presence of Uber CEO Dara Khosrowshahi at an event where he spoke with Infosys Chairman, Nandan Nilekani, on the subject of 'Building Population Scale Technology.' "Our vision for Uber in India is to serve the mobility needs of all Indians. This is in line with ONDC's objective of democratising digital commerce. "We are excited to take our first step through this MoU with ONDC to explore how we can accelerate our ambition to make Uber a platform for every Indian's daily mobility needs," Uber India and South Asia, President, Prabhjeet Singh said. Khosrowshahi said companies and governments around the world can learn from the scale and ambition of India's Digital Public Infrastructure, according to a statement. He added that as a technology company, Uber views open source tech stacks with a lot of

Zomato plans D2C expansion of Blinkit to compete with ecommerce giants

This ambitious endeavour would involve building a dedicated supply chain infrastructure to directly source branded products and manage inventory, to compete with giants like Amazon and Flipkart

Overdose epidemic: Ebay to pay $59 million over pill presses sold online

The e-commerce giant eBay will pay $59 million in a settlement with the Justice Department over thousands of pill press machines sold on the the platform. The machines can be used to manufacture counterfeit pills that look just like prescription pills but instead can be laced with substances like fentanyl, a synthetic opioid drug that is largely fuelling the deadliest overdose crisis in US history, according to the Justice Department. The company did not immediately respond to a request for comment. Sellers of pharmaceutical manufacturing equipment are required to verify buyers' identities, keep records, and report to the Drug Enforcement Administration to make sure the machines are traceable and not used illegally. The Justice Department says eBay, which provides a platform for people to make online sales, failed to meet those requirements for thousands of pill presses and pill-filling encapsulating machines, including high-capacity pill presses capable of producing thousands of ..

Retailers expect to shrug off January blues over Republic Day weekend

Electronics and consumer durables are also expected to witness a rise in sales and customers are expected to pick-up more mobile phones this long weekend

ODOP achieves milestone, enlists 50 Aggregators to promote 'Brand India'

The 50th aggregator is Ayurvedic wellness company Forest Essentials, presenting beauty and wellness ODOP-identified value-added products to a global stage

Flipkart Internet's operating revenue jumps 42% in FY23, loss declines 9%

Total expenses grew 26 per cent to Rs 19,043 crore in FY23

Udaan said to be laying off 120 employees as it seeks profitability

The development comes at a time, when Udaan recently raised $340 million in Series E financing

Amazon's products may soon be delivered in recyclable paper packing

Amazon has designed a new machine that makes recyclable, made-to-fit paper packages for products