Page 21 - Ecommerce

E-commerce firm Cloudtail's revenue grows 46% to Rs 16,639 cr in FY21

The firm's net profit was up 171% YoY to Rs 183 crore

3 arrested for selling 20kg weed on Amazon India: Newspaper report

E-commerce website's comment awaited as traders association seeks action against it.

Bumper festive season for e-comm firms; India's rich loosen purse strings

Amazon recently said its month-long sales event had seen the biggest-ever shopping activity for its sellers and brand partners, bringing services to millions of customers

Udaan aims to have 100 exclusive brands in tie-up with small garment makers

Udaan exclusive brands have been specially created to help and empower small businesses - including manufacturers and retailers of Bharat to compete with established brands

Traders protest against foreign e-commerce players, lament 'Black Diwali'

'Bharat Chhodo Morcha' includes a national conclave and on-ground protests in Rajasthan, MP, UP, Punjab and Haryana to urge both govt and consumers to shun foreign brands, embrace local ones

Lovelocal raises $18mn in pre-series B round led by Vulcan Capital

LoveLocal, which has grown 40x since inception is changing how India shops by empowering local retailers and is digitising the $1.1 trillion unorganised retail market

Flipkart builds Snap's Camera Kit into its app to offer users AR experience

Snap's AR technology coupled with Flipkart's understanding of its 350 million customer base will help build an immersive e-commerce experience for Indian users

202 notices for violation of country of origin norms on e-com players

Out of the 202 notices, the highest violations were seen in case of electronic products

Flipkart launches skill-building academy for e-commerce logistics sector

For the first phase of the program that begins on October 22, Flipkart has on boarded students from Haryana, Bihar, Delhi, Jharkhand, Punjab, Rajasthan and West Bengal

Flipkart Wholesale, Rupifi partner to offer 'Buy Now, Pay Later'

Rupifi said it is powering MSMEs with a purchase credit line with flexible repayment options, usage-based interest and zero fees

These teams worked remotely to help Flipkart pull off Big Billion Days sale

RedSeer says Flipkart emerged as the leader during festive sales with an impressive 64% market share. It competes with Amazon, Reliance's JioMart and Tata CLiQ in this space

After India report, US mulls bill to fix Amazon's predatory practices

The third-party sellers have long accused Amazon of similar anti-competition behaviour.

Amazon rigged search results to promote its own products in India: Report

Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines

Roposo launches creator-led live entertainment commerce for shoppers

Live commerce, a format that allows users to shop online while watching live video streaming events, could hit $300 bn in sales in China this year. It is still at a nascent stage in India

Swiggy plans entry into community commerce with Swiggy Bazaar: Sources

Firm plans to leverage group buying model, puts out job postings on LinkedIn and Getwork for the upcoming vertical

The e-com debate in India

A thinking man's guide to the state of ecom in a nation of shopkeepers

Jeff Bezos makes first-ever investment in southeast asia's e-commerce

Indonesian startup Ula offers technology solutions to small retailers and seeks to expand its base.

Myntra adds warehouse in Kolkata, bolstering storage before festive season

Fashion e-tailer Myntra on Monday said it has set up a fulfilment centre in Kolkata and strengthened its supply chain network across the country ahead of the upcoming festive season.

Flipkart prepones dates of flagship sale event to a day Amazon's event

In an email addressed to employees, Kalyan Krishnamurthy, CEO, Flipkart Group said the company has the potential to make a deep positive impact on the lives of everyone who engages with it

Flipkart Wholesale expands into general merchandise ahead of festive season

Flipkart Wholesale competes with players such as Udaan, Amazon and Reliance's JioMart