Page 7 - Ecommerce

AliExpress recruits Beckham as ambassador to 'score more' global sales

Earlier this year, AliExpress also signed on as a sponsor of the UEFA Euro 2024 tournament, which starts in June, where it will invest millions of dollars in discounts

Flipkart Grocery records 1.6X y-o-y growth; scales up operations in metros

The e-commerce firm reports notable surge in premium categories such as liquid detergents by 1.8times, dry fruits by 1.5times, and energy drinks by 1.5 times

Ola's next stop: Scaling up fintech, logistics, e-commerce businesses

The company's vision is to serve 1 billion Indians and drive sustainable growth and efficiency in the organisation

From Zerodha to Cars24, 10 unicorns to hop on government-backed ONDC

ONDC in 'serious discussions' with Amazon, Flipkart to join the network

India's internet economy likely to reach $1 trillion by 2030: Experts

Shriram Subramanian said as India becomes a $5 trillion economy, e-commerce will continue to annually grow at about 25 per cent per annum from $60 billion in FY2023

Reliance Retail to bring UK's leading online fashion retailer ASOS to India

Reliance Retail will introduce ASOS's curated portfolio of fashion-led own brand labels to the Indian market through a multi-channel presence for ASOS and a diverse array of retail formats

Flipkart introduces new rate card policy to enhance the seller experience

Through the Simplified Rate Card, Updated Shipping Costs and Economical FBF (fulfilment by Flipkart) rates, sellers will be able to deliver superior value to the customers

Our bolt-on value-accretive M&A strategy will be deployed: HUL CFO

Ritesh Tiwari talks about the company bringing more Unilever brands to India

E-commerce market to hit $325 billion by 2030, rural India to lead growth

Invest India forecasts India's e-commerce to soar to $325 billion by 2030, fueled by 500 million shoppers and a robust, low-cost internet penetration

Nestle India Q4FY24 results: Net profit soars 27% to Rs 934 crore

Company to launch Nespresso in India, announces joint venture with Dr. Reddy's Laboratories

Amazon's secret Project Curiosity used to gather intel on rivals for years

E-commerce giant Amazon used a company called Big River to gather intel on competitors, especially targeting Walmart, which back Flipkart in India

Building materials B2B e-comm segment heats up; JSW One prepares for IPO

JSW One prepares for IPO, Birla Pivot eyes $1 bn revenue in next three years

SoftBank-backed Meesho to roll out ESOP buyback program worth Rs 200 cr

The SoftBank-backed e-commerce firm Meesho is enabling opportunities for wealth creation for 1,700 past as well as present employees

TMS Ep640: SC on Patanjali, Blinkit, Vodafone Idea stock, CBAM

Where does the buck stop after SC rap on Patanjali? Can Blinkit challenge Amazon & Flipkart? Why did Vodafone Idea's fundraise plan fail? What is the Carbon Border Adjustment Mechanism? Answers here

Walmart's International Q4 sales growth driven by Flipkart, Mexico, China

Walmart International comprises the retail giant's operations outside the US, including retail websites

Zomato plans D2C expansion of Blinkit to compete with ecommerce giants

This ambitious endeavour would involve building a dedicated supply chain infrastructure to directly source branded products and manage inventory, to compete with giants like Amazon and Flipkart

E-commerce giant Amazon exports from India crossed $8 billion in 2023

Highest-growing categories include toys, beauty products, furniture, and luggage

Valentine's week: E-com giants record high demand for roses, chocolates

Chocolate and rose sales on Zomato-owned Blinkit broke all previous records at the start of this year's Valentine's Day week, on February 7, which is celebrated as Rose Day

Overdose epidemic: Ebay to pay $59 million over pill presses sold online

The e-commerce giant eBay will pay $59 million in a settlement with the Justice Department over thousands of pill press machines sold on the the platform. The machines can be used to manufacture counterfeit pills that look just like prescription pills but instead can be laced with substances like fentanyl, a synthetic opioid drug that is largely fuelling the deadliest overdose crisis in US history, according to the Justice Department. The company did not immediately respond to a request for comment. Sellers of pharmaceutical manufacturing equipment are required to verify buyers' identities, keep records, and report to the Drug Enforcement Administration to make sure the machines are traceable and not used illegally. The Justice Department says eBay, which provides a platform for people to make online sales, failed to meet those requirements for thousands of pill presses and pill-filling encapsulating machines, including high-capacity pill presses capable of producing thousands of ..

Flipkart co-founder Binny Bansal exits board, launches new startup OppDoor

Binny Bansal has officially exited the board the Walmart-owned e-commerce firm, which he founded along with Sachin Bansal 16 years ago