Page 23 - Ecommerce

Saw over 5X surge in demand for Covid safety essentials in 2nd wave: Udaan

The second wave saw a huge demand of over 11 million protective masks, making it the largest item sold on the platform.

United Kingdom watchdog probes Amazon, Google for fake reviews of goods

Google and Amazon said they will work with UK regulators in their investigation.

US lobby group views India's e-commerce plan as worrying, email shows

India this week spooked online retailers like Amazon and Walmart's Flipkart by outlining plans to limit "flash sales"

Reliance, Tata superapps gear up for battle royale in e-commerce space

While Tata has an upper hand like in-house products and brands, RIL has the backing of global biggies like Google, Facebook and Microsoft, says head of a rating firm

Grofers co-founder Saurabh Kumar exits co, will continue as board member

The development comes at a time when the SoftBank-backed company is looking at launching an initial public offering (IPO).

IKEA enters Bengaluru, launches ecommerce and mobile shopping app

Swedish home furnishing retailer IKEA announced on Thursday the launch of its eCommerce services and mobile shopping app in Bengaluru. There will be over 8,000 home furnishing products and solutions to choose from, it said in a statement. The company opened its second IKEA India store in Navi Mumbai in December 2020. IKEA already has online presence in Hyderabad, Mumbai, Pune, Ahmedabad, Surat, and Vadodara. The IKEA mobile shopping app features product recommendations, ratings, and reviews, along with "easier" searching and browsing experience, the statement said. Customers can also find a built-in barcode scanner which will help them learn more details about the products, including materials and dimensions, it was stated. IKEA India CEO & CSO (Chief Sustainability Officer) Peter Betzel said Karnataka is a very important market for IKEA and Bengaluru is one of the largest home furnishing markets in India. The company will also open a big IKEA store, close to 400,00

Flipkart unveils fulfilment centre in Bengal to ramp up supply chain infra

Flipkart said it is working with over 9,300 Kirana delivery partners and 10,000 sellers from the region.

InMobi subsidiary Glance to acquire ecommerce platform Shop101

Glance is also the owner of video-sharing social media platform Roposo

Big Bazaar's online bet clicks as platform hits 50,000 orders a day

With this, it has achieved half its initial target within two months

Covid: Flipkart extends support to families of deceased employees

Walmart-owned Flipkart has announced a new policy for employees

E-grocery space to grow 59% CAGR to Rs 1.31 tn by 2024: Motilal Oswal

Covid-19 led lockdown has helped e-grocers

SK Telecom not selling stake in e-commerce unit 11Street to Amazon

SK Telecom denied a news report on Monday that it is planning to sell a stake in its e-commerce unit 11Street to ecommerce giant Amazon in a bid to bolster its online retail business.

Reliance Retail got sizable revenue in FY21 from digital commerce

The digital commerce and merchant partnerships business has gained significant traction in the wake of Covid-induced disruptions

Etsy eyes Gen-Z shoppers with $1.63 bn deal for fashion reseller Depop

London-based Depop, founded in 2011, is known for its vintage and streetwear collections and has more than 26 million users from over 147 countries.

Outsourcing service provider BLS to help Amazon expand India footprint

The company provides outsourcing services to governments and diplomatic missions globally

Delhi's amended excise rules allow home delivery of Indian, foreign liquor

The Delhi government has allowed home delivery of liquor under the amended excise rules

Flipkart kirana partners post 30% rise in monthly delivery incomes in 2020

Kirana partners from Hyderabad saw the highest growth followed by those from Ahmedabad, Mumbai, Bengaluru and Pune

Vaibhav Global trades ex-split; stock zooms 19%, scales new high

The company has split the stock in the ratio of 1:5, i.e. equity share of face value Rs 10 has been split into five shares of face value Rs 2

Delhi curfew: Movement of all goods, e-comm delivery of essentials allowed

Order steers clear of confusion on essentials and non-essentials, allows inter and intra city movement of goods, unlike Maharashtra, where clarity on this took some time

Amazon's win in union fight shows harsh realities facing labour movement

A vote by workers on whether to unionize failed on Friday by a more than 2-to-1 margin