Page 14 - Ecommerce

Tiger Global-backed Wow! Momo elevates CMO Muralikrishnan to co-founder

He officially joined the founders in 2018 and began by leading the store-level growth hacking to brand development and was later named the group's CMO

E-commerce enabler Optiwise.ai raises $1.3 mn from StartupXseed Ventures

The company plans to spend the proceeds on its products, building a world-class team, and expanding its customer base beyond North America to other emerging e-commerce regions

India's top seller Appario to stop selling on platform, says Amazon

Amazon, which has maintained it does not give preferential treatment to any seller and complies with all laws, agreed to end its relationship with Cloudtail in August last year

Amazon to delist Appario as seller, renews Frontizo JV for 3 years

The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure

How immersive technology is transforming fashion and online shopping

From spray-painted dresses to feeling the texture of a fabric on screen, fashion and shopping are becoming tech-immersive

Flipkart's net loss widens 51% on account of rising transportation costs

Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal

Shiprocket becomes first inter-city logistics provider to join ONDC network

Company will enable sellers to select delivery partners to ship products across India

Phones, watches, cameras: Diwali gift shopping is back with a bang

Two years of pandemic gloom appear over as e-commerce websites and malls report people splurging and bring them business

How Meesho cashed in on the festival season?

Ecommerce unicorn Meesho, clocked a 68% jump in sales during the festive sale. Business Standard's Surjaeet Das Gupta speaks to Utkrishta Kumar, Meesho's business CXO, about the record sales and more

Flipkart unveils Flipverse, a virtual shopping experience in metaverse

The e-commerce firm has partnered with Web3 entertainment firm eDAO for the initiative where consumers can discover products in photorealistic virtual destinations and shop on Flipkart App

ONDC to start outreach programme to help sellers speed up their business

The first event of the programme will be an introductory session in Delhi NCR for restaurants, food entrepreneurs and cloud kitchens, on Oct 17

E-commerce solutions provider Assiduus Global raises $15 mn in funding

The company will use the financing to improve its technology and expand its business

Small cities dominate e-comm platforms' festival sales: Industry players

Small cities dominated the festival season sales of e-commerce platforms accounting for around Rs 24,000 crore or around 60 per cent of the total market share in value terms, according to industry players. The figures are for the recently-concluded festival sales wherein e-commerce players had offered significant discounts on various products. Tier 2 and beyond cities were at par with metros and Tier 1 cities with around 50 per cent contribution in gross merchandise value during the festive sales by the online players last year, according to Redseer Strategy Consultants. The consulting firm said that e-commerce firms are estimated to have registered a 27 per cent growth and clocking sales worth Rs 40,000 crore. Flipkart Group accounted for around 62 per cent of the total market share in terms of Gross Merchandise Value (GMV). Major e-commerce players such as Flipkart, Amazon, Meesho and JioMart have seen more than 60 per cent of the customers being from Tier 2 and beyond cities dur

E-commerce sector expected to create 500,000 jobs by Diwali: Report

The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

Meesho surpasses Amazon in festive order volumes, Flipkart leads the market

E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events

ONDC can be a game-changer for MSMEs

UPI has revolutionised payments. ONDC can do the same for MSMEs, and take e-commerce's share to 25 per cent of all commerce by 2024

Motorola Moto e32 with 6.5-inch HD IPS screen of 90Hz refresh rate launched

Priced at Rs 10,499, the Moto e32 is available in eco black and arctic blue colours on Flipkart

Flipkart spent $1.1 billion from February to July, shows Walmart filings

The firm has also has been an active investor in the ecosystem and has a portfolio of investments in many companies

ONDC goes live with beta launch in Bengaluru; 161 orders placed on Day 1

Govt-owned network starts in Bengaluru with online grocery, restaurant orders

Big Billion Days: Flipkart witnesses over 1 billion customer visits

The e-commerce firm also said TBBD 2022 marked more than 100 per cent increase in crorepati sellers on the marketplace since the last edition