Page 22 - Ecommerce

Real national interest

E-commerce spat reveals deeper faultlines

Decoded: Why commerce minister Piyush Goyal is peeved at some in India Inc

Indian industry would import even if it helped them save just 10 paise in the finished cost of goods, and then lobby to avoid the levy of anti-dumping duties on such imports, Goyal said

Amazon to end partnership with Murthy's Catamaran Ventures from May 2022

The two partners on Monday announced they have mutually decided to not continue their joint venture beyond the end of its current term

Colloquial searches: Flipkart's voice feature lets users converse with app

Metro cities contribute over 19% of voice searches, with New Delhi at the top

Flipkart bets big on social commerce, a $70 bn market by 2030

Today 70% of Flipkart's customers come from tier-2 and tier 3 cities and with Shopsy, Flipkart aims to scale this to 90%

ED slaps Rs 10,600-crore notice on Flipkart for forex violations

The probe reflects discrepancies in Flipkart's structuring operations, according to the official

Competition Commission open to probe Flipkart, Amazon separately

The two e-commerce giants are currently named in a single complaint, which is being probed by the anti-competition watchdog

Prione's 'mission' is to enable 25 mn businesses in e-commerce: CEO Jathar

Company is a joint venture between Amazon and Catamaran Ventures; it is aiming for 20 per cent year-on-year growth.

The opportunities and challenges for India's social commerce start-ups

Industry experts say there are, however, some basic hurdles that video-based commerce needs to overcome to be successful in India

China fines tech giants for spreading content exploiting children

China's internet watchdog said Wednesday it has fined platforms operated by e-commerce company Alibaba and gaming firm Tencent

Sharp rise in Amazon customer base in tier II, smaller towns: Pranav Bhasin

The Amazon.in marketplace has witnessed an exponential increase in customer base in tier II cities and smaller towns since the coronavirus-induced lockdowns last year, Pranav Bhasin, Director, MSME and Selling Partner Experience, Amazon India, said. Work-from-home and online schooling enablers are in high demand, besides personal grooming, wellness and grocery products as more customers are getting online for their shopping needs since mid-2020, he added. In an interview to PTI, Bhasin said, "In the last 15- 18 months, we have seen a lot of customers move online, not just in the tier I & II cities but also in smaller towns. Today, 65 per cent of customer orders and over 85 per cent of new customers on Amazon.in are from tier II and below geographies." The Amazon.in marketplace is operated by Amazon Seller Services Private Ltd, an affiliate of Amazon.com, Inc. Stating that customers across nearly 100 per cent of India's serviceable pin codes are in their network, he ..

Amazon sued by US product-safety agency over selling defective items

The complaint filed says Amazon sold children's sleepwear that failed to meet federal standards for flammability

LVMH's Moët Hennessy teams up with Campari in wines, spirits e-commerce

LVMH's Moët Hennessy and Italy's Campari have agreed to team up to invest in wines and spirits e-commerce companies and create a European ecommerce player in sector

Flipkart offers employees option to liquidate shares worth Rs 600 cr

During a town hall meeting, Flipkart CEO Kalyan Krishnamurthy told the employees that the firm aims to become a $100 billion company in terms of valuation

Social commerce firm Trell raises $45 mn in series led by Mirae Asset, H&M

It is first Indian investment by H&M Group, company that owns fashion retail brand H&M, COS, and Monki

Ecommerce giant Amazon's prime day sale on July 26 and 27

There will be new launches from top brands and Small and Medium Businesses (SMB).

Bisleri eyes major e-commerce headway amid the coronavirus pandemic

The company had launched its e-commerce portal 'Bisleri@Doorstep' last year providing access to the full range of its products.

Jeff Bezos retires officially, Andy Jassy takes over as Amazon CEO

Bezos founded Amazon exactly 24 years ago on July 5, 1994

Govt to soon issue 'clarification' on FDI in e-commerce: Piyush Goyal

Minister rules out amendments; development follows complaints that some e-commerce behemoths have been flouting the policy rolled out by govt

Need to review draft e-commerce rules for progressive regulation: Experts

They say increase in liability and compliance burden may affect India's position as ideal place for global investments