Page 15 - Ecommerce

Patanjali Foods plans to build export portfolio of FMCG, health products

Firm to focus on new launches with high margins and high growth

E-com giants clock $3.5 billion in first four days of festival sales

For the first 4 days, an estimated Rs 11,000 crore worth of mobiles were sold from the large e-commerce players - In terms of units, 60-70 lakh mobiles were sold in the first 4 days

E-commerce platform magicpin announces multiple leadership appointments

The new appointments are part of building the magicpin organisation as it prepares for its next phase of growth, and span product, marketing, technology and operations

JioMart morphs into e-marketplace to take on Amazon and Flipkart

Reliance Retail's digital commerce arm has been onboarding additional sellers across categories

Amazon India extends four-hour delivery to 50 cities and towns

Company says service for its Prime members creates job opportunities

Amazon, Flipkart HQs get battle-ready: Draw up sales strategy in war rooms

E-commerce firms are also bringing in various technology interventions that will help them handle the scale of business this season and enhance customer experience

Not enough delivery execs: Gig workers in high demand ahead of festivals

Companies are also giving better incentives such as instant payment throughout the year and consistent working capital flow for delivery partners

Meesho taps Bharat in its battle with Amazon, Flipkart this festive season

The SoftBank-backed firm is expecting 80% of its orders to come from rural India, which includes small towns and cities

Now, order your iPhone 14 on Blinkit and get it delivered in minutes

Service available in Delhi and Mumbai for now. Apple reseller Unicorn Infosolutions to store inventory

Prepare robust grievance redress system before beta test: Govt to ONDC

Govt wants this in place to build trust before making network available to public

Amazon India to halve the fee for new sellers in festival season

Amazon Indian said it will halve the fee for new sellers on its platform as the e-commerce giant gears up for the festive season in one of its key markets.

Live commerce to virtual try on: Flipkart revamps app to woo customers

Introduces Image Search, Live Commerce, and Virtual try-ons for a better discovery experience for customers

E-commerce giants may clock $11.8 bn in gross festive sales: Redseer

The massive growth in festive sales will further push the overall online retail GMV (gross merchandise value), which stood at $52 billion in 2021, to grow by 30 per cent to reach $68 billion in 2022

Over 2 years after Covid outbreak, consumer firms see strong festival sales

The sentiment is robust even in the consumer durables segment

Profits elusive for Amazon India despite $6.5 bn investment: Bernstein

Company faces 'immense competitive pressure' and unfavourable regulatory environment, says US research group

Credit cards gain more currency pipping debit cards for e-commerce

They overtake debit cards for e-commerce and bill payments but remain a minuscule portion of personal loans

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

E-commerce firms such as Amazon, Flipkart, and others witnessed blockbuster festive season sales of about $9.2 billion last year

Flipkart's social commerce arm Shopsy hits 100 mn users ahead of timeline

Top exec says about half of Shopsy's customers are new to e-commerce, market is large enough to onboard another 100 million users by next year on Shopsy

E-commerce company Wayfair lays off 870 people, 5% of its global workforce

E-commerce company Wayfair CEO Niraj Shah has fired 870 people, or 5 per cent of the company's global workforce, as growth it anticipated has not materialised this year.

Amazon Great Freedom Festival sale goes live for Prime user: Details here

Amazon is offering major deals and offers during the Great Freedom Sale 2022 on mobile phones, laptops, TVs, wearables among a wide range of electronics