Page 8 - India Ecommerce Market

Google in talks to join India's open e-commerce network ONDC: Reports

The ONDC programme aims to join 30 million sellers and 10 million merchants online, and cover at least 100 cities and towns by August

Myntra starts under 48-hour delivery for fashion and beauty products

The 'M-Express' service will work in more than 1,300 pin codes and earn customer loyalty, says the company.

Quick commerce to grow 15 times to touch $5.5 bn size by 2025: RedSeer

Quick commerce is becoming the next major segment in terms of category growth

India's 10-15 minute delivery market to reach $5.5 billion in 3 yrs: Report

As quick grocery delivery under 10-15 minutes time period becomes new growth arena globally, India's quick commerce market is set to witness 15 times growth by 2025, with market size of nearly $5.5 bn

Amazon brand startup Thrasio to invest $500 for India e-commerce expansion

The company and its peers buy out small merchants and plan to use their retail expertise to turn the acquisitions into global brands.

Amazon crosses 1 mn sellers mark in India; 450,000 added since Jan 2020

Amazon India on Wednesday said it now has over 10 lakh sellers on its platform with more than 4.5 lakh new merchants joining the platform in the past two years. More than 90 per cent of the sellers on Amazon.in are local small and medium businesses (SMBs) and over half of these sellers on the marketplace come from tier-II and -III cities, according to a statement. Since January 2020, over 4.5 lakh new sellers have joined Amazon.in. Of these, over one lakh are local offline retailers and neighbourhood stores that have been onboarded on the Amazon marketplace through the Local Shops on Amazon programme, it added. "It is heartening to see the role Amazon is playing in enabling small local businesses across the country, including local offline retailers and neighbourhood stores from across India that are adopting e-commerce and placing their trust in Amazon to grow their business by selling online, participating in last-mile deliveries, joining assisted shopping and more," Amazon India

Flipkart's Shopsy eyes largest grocer tag, rolls out services in 700 cities

Shopsy would leverage Flipkart's grocery supply chain infrastructure and tech capabilities to provide consumers access to an expansive range of products to over 5,800 pincodes

US-based e-commerce fulfillment network XPDEL launches India operations

India's e-commerce sector is expected to reach $111.40 billion by 2025 from $46.20 billion in 2020, signifying an annualised growth of 19.24%

E-commerce firms receive 202 notices for violating country of origin norm

The Union government on Tuesday said it has issued 202 notices to e-commerce players for incorrect declaration of 'country of origin' on products on their platforms in the last one year.

Flipkart launches skill-building academy for e-commerce logistics sector

For the first phase of the program that begins on October 22, Flipkart has on boarded students from Haryana, Bihar, Delhi, Jharkhand, Punjab, Rajasthan and West Bengal

Flipkart is changing 'The Big Billion Days' dates to Oct 3-10

The competition in the Indian e-commerce space is set to heat up further

Amazon creates 110,000 seasonal jobs in India ahead of festive season

This year, seasonal hiring has strengthened its inclusive workforce by adding 50% more women, close to 60% more disabled persons and over 100% increase in LGBTQAI+ representation

Difference of opinion within govt on draft e-commerce rules: Official

The official said that unnecessary fear is created that the government's current e-commerce policy is hurting small traders.

The complex case of India's e-commerce policy

The issue of India's proposed e-commerce policy seems to be getting complex by the day. Many stakeholders, including some government entities are raising concerns over the draft rules.

Beauty startup Nykaa seeks $4 billion valuation in IPO, says report

Company is aiming to file its draft red herring prospectus within the next few days

CAIT says draft e-commerce rules to end crony capitalism in the sector

The traders' body has also suggested to come up with a monitoring mechanism to ensure compliance of these regulations by the online majors.

Industry seeks deadline extension for comments on draft e-commerce rules

In a consultation between industry associations and Department of Consumer Affairs, industry representatives sought extension beyond the July 6 deadline.

Need to review draft e-commerce rules for progressive regulation: Experts

They say increase in liability and compliance burden may affect India's position as ideal place for global investments

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.

A ban, a Chinese e-comm firm and case of distraught Indian sellers

Indian sellers say hundreds of them have been denied legitimate payments, cite a host of other malpractices by China's Club Factory