Page 16 - Ecommerce

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

Children's shopping platform Bundle O Joy raises Rs 3.9 cr in funding

Founded in February 2022, Bundle O Joy helps parents to find products in apparel, footwear, toys, books, and accessories

New e-commerce policy may allow only third party items on e-marketplaces

The proposed policy seeks to ensure that e-commerce marketplaces sell only third-party products on their platform

Amazon Prime Day Sale 2022: Top deals on smartphones, electronic items

Amazon is offering an instant discount of up to10 per cent on purchases made using SBI and ICICI bank cards

No immunity for e-tailers over fake products sold online: Parliament panel

E-marketplaces have claimed that since inventory is not controlled by them, they should not be liable for any dispute with sellers

Adarsh Menon to head new businesses at Flipkart as Prakash Sikaria moves on

Flipkart will restructure Sikaria's portfolio into two units--New Businesses and M3--for focus and to scale up, said Kalyan Krishnamurthy, Flipkart's chief executive officer

448 notices served to e-commerce entities for violations of declaration

As many as 448 notices were served to e-Commerce entities for violations of the declaration during the last one year and nine months and approx Rs 78 lakh penalty was charged from companies

ONDC adds 15 more cities, onboards Snapdeal for pan-Indian access

The network first began its pilot on April 29 in Delhi, Bengaluru, Coimbatore, Bhopal and Shillong

Mistakes make a Meesho: What founder Vidit Aatrey learned from failed ideas

Meesho discovered its successful business model the hard way

Nykaa's parent FSN E-commerce soars 5% after men's innerwear brand launch

Shares of FSN E-Commerce Ventures, the parent of cosmetics-to-fashion retailer Nykaa, jumped 4.8% on Thursday, a day after it said its fashion segment was expanding into the men's innerwear

SoftBank-backed Unicommerce to deploy tech in 8,000 warehouses by next year

Multiple new categories and business models have emerged in the last two years in the area of e-commerce

ONDC to give public access by August, has 150 entities on board yet

Seven companies - one buyer side app, five seller side apps, and one logistics service provider app - have built their own ONDC compatible apps

E-com platforms not publishing negative ratings/reviews in India: Report

More than one in two (58 per cent) consumers complain that their negative product ratings and reviews are not being published by e-commerce platforms, a new report showed on Tuesday

Millions of customers shopped during End Of Season Sale event: Flipkart

Flipkart said it saw a resurgence in consumption and a drastic increase in engagement post the pandemic during the company's End of Season Sale

E-com platforms to offer $8 bn market for digital ads in India: Report

E-commerce platforms are now the fastest growing medium for digital ads in India, with a $6-8 billion opportunity by 2030, according to a new report

Customers may see lower discounts, fewer end-of-season stocks on sale

Sale days are also likely to be reduced as retailers emerge from pandemic to post strong surge in business-as-usual (BAU) sales

Unicommerce to increase manpower by 50%, hire 150 employees in FY23

E-commerce-focussed IT firm Unicommerce on Wednesday said it will increase manpower by 50 per cent by adding over 150 team members in 2022-23