Page 25 - Ecommerce

Ecommerce platform Udaan inks pan-India distribution deal with hummel

Hummel is a Danish sportstyle brand

Amazon faces class-action lawsuit over eBook pricing, says report

The lawsuit comes a day after Connecticut said it was investigating Amazon for potential anti-competitive behaviour in its business selling digital books

Amazon discontinues pantry service as it focuses on grocery delivery

E Commerce giant Amazon has announced to discontinue its pantry service, as it strengthens its grocery delivery both online and offline

Amazon Pay revenue grew 64% to Rs 1,370 crore, losses increase 61%

After the closure of the financial year 2019-20, the firm has revised authorised share capital from Rs 6,000 crore to Rs 16,000 crore in an extraordinary general meeting held in September this year

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

Amazon, CII partner to bring e-commerce to small enterprises in 10 states

Amazon.in and CII will work closely with the Ministry of MSME to enable lakhs of MSMEs across these states to leverage technology to reach customers in India and globally

Karnataka HC to hear CCI petition against Amazon, Flipkart in January

In October, the CCI appealed in the Supreme Court against the Karnataka High Court's interim stay on its probe against the e-commerce firms

Australia reports record-breaking online shopping boom amid the pandemic

Australia has witnessed an unprecedented online shopping boom amid the Covid-19 pandemic.

Resilience, doing more with less helped us during Covid-19: BigBasket CEO

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand

Amid earlier-than-ever online promotions, Black Friday takes a new shape

Most major retailers closed on Thanksgiving this year in a nod to the stress endured by their workers during a global health pandemic

India's festive season gross sales in e-commerce cross Rs 61,000 cr: Report

Flipkart group (including Myntra) and Amazon accounted for more than 88 per cent of the entire gross merchandise value (GMV) for the festive month.

Ecommerce pivots to social media to boost festive sales further

With an accelerated eCommerce adoption, the twin marketing goals of driving efficient customer acquisition and retention, leveraging social media, have become more important than ever before

Over 1 mn small enterprises shop on Amazon Business during festive sale

The number of buying customers, largest ever for any Amazon Business event, saw a 61% spike compared to Great Indian Festival 2019

Flipkart Group garners 68% of Rs 29,000 crore festive sales: Report

Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68% of the total sales as the country saw a massive 55% (year-on-year) growth

Retail chain Tablez aims Rs 500-cr turnover, 250 outlets in 5 years

Multi-brand retail chain Tablez is looking at a turnover of around Rs 500 crore and expanding its network to around 250 stores in India over the next five years, a top company official has said.

After muted Q2 show, DMart's sales may gain traction in third quarter

Margin trajectory, however, depends on festival season discounts, share of general merchandise

Top trader-retailer body moves govt against Amazon, Flipkart festive sales

Says hefty discount amounting to predatory pricing, cashback by credit and debit card banks and high interest rate on EMI offered to buyers need to be scrutinised

DMart shuts two Mumbai stores to take on Reliance in e-commerce space

Converts outlets into online fulfillment centres; experts say firm had been quietly stitching up a strategy to boost e-commerce operations, push its value proposition aggressively among consumers

FM's consumption boost of Rs 1 trillion to turbocharge e-commerce cos

While India e-commerce is booming, retail sector is steadily recovering post 'unlock' to reach over 80% of pre-Covid levels of about $780 bn in 2020, according to RedSeer

100,000 Amazon-enabled local shops, kiranas gear up for festive season

Over 20,000 offline retailers and kiranas from 'Local Shops on Amazon' programme will participate in their first 'Great Indian Festival' sale event, to be hosted by the e-commerce giant this month