Page 7 - Indian Ecommerce

IndiaMART and four other Indian markets figure in US Notorious Markets list

IndiaMART, one of the largest Indian e-commerce websites, along with four physical marketplaces in Delhi, Bengaluru, Kolkata and Mumbai have figured in the latest annual edition of the Notorious Markets List of the US. Released by the US Trade Representative (USTR) on Tuesday, the 2022 Notorious Markets List identifies 39 online and 33 physical markets that are reported to engage in or facilitate substantial trademark counterfeiting or copyright piracy. The Indian markets in the list are IndiaMART, Heera Panna in Mumbai, Kidderpore in Kolkata, Sadar Patrappa Road Market in Bengaluru, and Tank Road in Delhi. "The widespread trade in counterfeit and pirated goods harms the economic security of American workers and undermines our work to craft equitable and inclusive trade policy," USTR Katherine Tai said. "The Notorious Markets List is an important tool that urges the private sector and our trading partners to take action against these harmful practices," she added. According to the

Demand for gig workers increased by 10 times in 2022, says report

Around 49 per cent of gig workers on the company's platform are under the age of 25

Meesho order volume more than doubles to 91 cr, onboards 5 lakh suppliers

Softbank backed e-commerce firm Meesho recorded over 100 per cent jump in order volume to 91 crore in 2022, the company said on Wednesday. The company onboarded around 5 lakh suppliers in 2022 of which 61 per cent were new to e-commerce and selling online for the first time, Meesho said in a statement. As per data shared by Meesho, its sellers were able to save Rs 3,700 crore in commissions in 2022 under the company's zero commission model. "From Mumbai to Mirzapur, a record 91 crore orders were placed this year, up 135 per cent year-over-year, equalling India's registered voter base in the 2019 Lok Sabha polls," the company said. Nearly 130,000 Meesho sellers did sales of over lakh and 6,000 crossed business of over Rs 1 crore in 2022, with Rajasthan and Uttar Pradesh leading the charge. According to market research firm Redseer Strategic Consulting, Meesho pipped Amazon to become the second-largest contributor in order volume during the first week of last festive season sale wh

Consumer interest watchdog's notices to Flipkart, Meesho for acid sale

Several states/UTs have already issued guidelines to regulate the sale of acids

78% of frontline workers in Delhi NCR employed in e-commerce sector: Survey

During pandemic, consumer sentiment improved for SMEs that went online, leading to a spike in frontline jobs, revealed study by BetterPlace, a tech platform for blue-collar workforce management

More sectors to be covered under PLI scheme soon, says Piyush Goyal

"PLI gives the kickstart, but then the industry has to move on its own strength, he said

Why have fake reviews on e-commerce sites become rampant?

In another big development, India on Monday came out with a framework to address the menace of fake online reviews on e-commerce websites. Now websites like Amazon and Flipkart and food delivery apps

Appario Retail's revenue rises 9% to Rs 15,915 cr, profit increases 53%

However, Amazon recently said it has decided that Appario Retail would cease as a seller on the e-commerce giant's platform within the next 12 months

Amazon India extends four-hour delivery to 50 cities and towns

Company says service for its Prime members creates job opportunities

Amazon likely testing TikTok-like feed on its app, says report

With an aim to generate more engagement on its platform, tech giant Amazon is likely testing a TikTok-like vertical photo and video feed in its app internally.

Internet usage grows faster in rural India; knowhow still a deterrent

346 million make online transactions for e-commerce and digital payments, with coronavirus boosting practice

ONDC to give public access by August, has 150 entities on board yet

Seven companies - one buyer side app, five seller side apps, and one logistics service provider app - have built their own ONDC compatible apps

E-com platforms not publishing negative ratings/reviews in India: Report

More than one in two (58 per cent) consumers complain that their negative product ratings and reviews are not being published by e-commerce platforms, a new report showed on Tuesday

Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans

ONDC promotes open networks for exchange of goods and services over digital or electronic networks.

Millions of customers shopped during End Of Season Sale event: Flipkart

Flipkart said it saw a resurgence in consumption and a drastic increase in engagement post the pandemic during the company's End of Season Sale

Footwear firm Khadim India celebrates founder's 96th birth anniversary

Khadim at present has expanded to 799 retail outlets and has a network of 575 distributors

Framework for fake reviews on e-com websites within 60 days, says govt

Days after meeting stakeholders, the Department of Consumer Affairs (DoCA) on Friday said it will be developing a framework to keep check over fake reviews on e-commerce websites within 60 days.

Flipkart clocks over 200 mn fashion products in Spring-Summer of 2022

Season saw a resurgence in consumption on renewed economic recovery post-pandemic

Mensa Brands is profitable with net revenue run rate of Rs 1,500 cr

The Ananth Narayanan-led firm achieved this in the first 12 months of operations and it has plans to hire 700 employees in 2022

Centre to develop framework to check fake reviews on e-commerce websites

Department of Consumer Affairs held meeting with stakeholders including Amazon, Flipkart, Reliance and Tata to discuss issues arising due to fake and deceptive online reviews