E-commerce majors Flipkart and Amazon India on Sunday said they have witnessed a strong start to this year's festive sale, with demand from tier-II and -III cities driving the momentum
Walmart-owned Flipkart on Wednesday said it will deploy over 2,000 electric vehicles in its delivery fleet prior to the festive season and the Big Billion Days
Festive season sales: Everyone, from sale point to back-end support services provider, is gearing up to grab its share of the pie
Flipkart's The Big Billion Days 2021 will see millions of consumers, sellers, small businesses, artisans, Kiranas, brands and e-commerce ecosystem partners come together for the festive season
Helped by festive demand, retail sales improved in August and reached 88 per cent of the pre-pandemic levels, a survey said on Wednesday.
The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices , which have corrected nearly 12% from an all-time high of $2,072 in August 2020
The Walmart-owned firm is geared to handle 900,000 concurrent users and 20,000 orders per minute at peak and expects to cater to over 4 million unique customers
The Tier II and beyond cities have witnessed a growth of about 99 per cent as compared to last year's festive season, says a new report by Unicommerce
The report said that not just marketplaces but brand websites also reported huge growth in consumer demand his festive season.
Flipkart group (including Myntra) and Amazon accounted for more than 88 per cent of the entire gross merchandise value (GMV) for the festive month.
"The festive season has started well for consumer durables and other essential goods/products across the country," says Revankar
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Dealers fear a weak retail demand may lead to stock pile-up
The number of buying customers, largest ever for any Amazon Business event, saw a 61% spike compared to Great Indian Festival 2019
With consumers staying indoors, e-commerce firms have extended their reach to a larger number of pin codes
The country's largest two-wheeler maker had posted a net profit of Rs 883.78 crore during the July-September period of the previous fiscal
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Myntra said that 51 per cent of shoppers on its platform were women
Largest number of new customers shop first time on platform, 91% from smaller cities. Total iPhones sold in a day were more than iPhones sold in entire festive sale period last year