Page 5 - Ecommerce

216k festive season jobs recorded in logistics, e-com, hospitality: Apna.co

This hiring trend is not limited to major metro cities; Tier-II and Tier-III cities are also experiencing a significant rise in job opportunities

B2B e-commerce platform ElasticRun reduces FY24 loss to Rs 359 crore

Revenue for the financial year 2024 came in at Rs 2,434.84 crore, down 48.6 per cent year-on-year. Revenue for FY23 was Rs 4,738 crore

Trai's new traceability rules won't disrupt e-commerce OTP services

Trai's new mandate, set to take effect on November 1, would require traceability of messages sent by principal entities, including banks, e-commerce platforms, and financial institutions

Zepto looks to raise $100 million, marking third funding round in 6 months

Quick commerce startup Zepto is seeking funding from domestic sources, including Indian family offices and high-net-worth individuals, as it prepares for its upcoming IPO

FMCG distributors red flag e-com, qcom firms' use of private vehicles

In August, AICPDF also wrote to the Ministry of Commerce and Industry regarding the rapid growth of the quick commerce industry, which it said is hurting the trade

Regulator CCPA increases scrutiny on quick commerce, e-commerce players

This comes amidst concerns that quick commerce players are eating into the business of small kirana stores

After iPhones, PC makers look to jump on quick commerce bandwagon

Platforms like Blinkit, Zepto, and Big Basket are already witnessing unprecedented demand for smartphones, particularly the Apple iPhone

India will take a multi-pronged approach to boost exports: Piyush Goyal

Our national interest will always be paramount. We'll calibrate and balance our policies based on needs of the country, says Piyush Goyal

Meesho's festival sale breaks record, doubles day 1 orders from last year

Fashion, personal care & beauty, home & kitchen, and electronic accessories drove the majority of e-commerce traffic on Meesho

Carrefour looking to export from India in next five years: Lasfargues & Ved

In an exclusive interview Patrick Lasfargues, international partnership executive director, Carrefour and Nilesh Ved, owner of Apparel Group spoke about French retail major's plans for the Indian mkt

Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD

Analysts believe market share gains by Reliance Jio and Bharti Airtel will continue

Revved up! Nykaa scales its same, next-day deliveries to 110 cities

Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21

Ecommerce festive sales to reach $12 billion, quick commerce gains ground

Quick commerce, the burgeoning segment that promises rapid deliveries, is set to contribute $1 billion in gross merchandise value (GMV) to the festive sales

IPO-bound Ecom Express used incorrect numbers in DRHP, says Delhivery

These are related to metrics such as shipment volumes, Service EBITDA and cost per shipment

FinMin extends exports incentive schemes to exports through courier

The e-commerce business in India has seen exponential growth over the last decade and is expected to witness a steep increase in revenues in the coming years

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles

The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Flipkart launches 11 fulfilment centres, expects to create over 100k jobs

This comes at a time when e-commerce and quick commerce companies are expanding their supply chain infrastructure ahead of the festival season

Swiggy ropes in former Flipkart executive Amitesh Jha as Instamart CEO

Reshuffle of the top deck comes ahead of food delivery major's IPO

Festive season to boost gig rider demand by 40% on quick commerce platforms

The quick and ecommerce sector is expected to expand its workforce by hiring an additional one to two million gig riders throughout the upcoming festive season

Rapid growth of e-comm matter of concern, not source of pride: Piyush Goyal

Union Commerce Minister Piyush Goyal raised concerns over the rapid growth of e-commerce in India, questions predatory pricing strategies employed by online retail giants