Page 11 - Online Shopping

Social commerce industry to touch $1.2 trn by 2025 globally: Accenture

Just under two thirds of social media users surveyed said they made a social commerce purchase in the last year, which Accenture estimates to reflect nearly 2 bn social buyers globally

Shopping on social media to hit $1.2 tn by 2025, India key market

Driven by Gen Z and millennial users, shopping on social media platforms is likely to reach $1.2 trillion globally by 2025, and highest growth will be seen in India and Brazil

Why creator is the new king in online commerce's latest iteration

At one end of the spectrum, a host of start-ups are basing entire business models on the presumption that content creators will drive the next wave of e-commerce.

'Oh my God, buy it!' How livestream shopping works in China

Top Western brands from L'Oreal to Louis Vuitton engage livestreamers to help market products on China's top e-commerce platforms

Plan to expand into omni-channel distribution, says Snapdeal

Snapdeal said the company intends to create a distribution channel through offline stores, partnering with existing neighbourhood stores and new franchisees

Online shopping by Indian gated communities to hit $500 bn by 2026

As online shopping explodes in India with an increase in smartphone the total online consumption by the gated communities in India will increase by 2.5 times new report showed on Monday.

Monthly mobile shopping app installs in India reached 113 mn in October

Shopping app installs on India's app stores reached 113 million downloads in October 2021, at the height of the shopping season in the country.

EBay revenue outlook disappoints as pandemic-led boom fades

The company reported a 5% decline in the number of active buyers on its marketplace in the third quarter

Visa beats quarterly profit estimates on travel, online spending boom

Total cross-border volume rose 38% on a constant dollar basis from a year earlier

India's e-commerce industry set to grow 84% by 2024, says report

In India, daily active user (DAU) growth in top shopping apps accelerated in the past three quarters

These teams worked remotely to help Flipkart pull off Big Billion Days sale

RedSeer says Flipkart emerged as the leader during festive sales with an impressive 64% market share. It competes with Amazon, Reliance's JioMart and Tata CLiQ in this space

Clothing & accessories to home appliances, a digital festive season's here

An on-device survey of 2,500 Indian mobile users over Inmobi Pulse

Google adds visual search features in shopping, video push

(Reuters) -Google users can soon combine images and text in search queries, a feature unveiled on Wednesday that could help the Alphabet Inc unit expand its role in e-commerce and dominance in online video.

Flipkart prepones dates of flagship sale event to a day Amazon's event

In an email addressed to employees, Kalyan Krishnamurthy, CEO, Flipkart Group said the company has the potential to make a deep positive impact on the lives of everyone who engages with it

Connected consumers in India likely to spend 42% more than last yr: InMobi

Almost 68% of the respondents plan to shop online this festive season, with 43% of Indians increasing their online shopping budgets this year

Colloquial searches: Flipkart's voice feature lets users converse with app

Metro cities contribute over 19% of voice searches, with New Delhi at the top

The opportunities and challenges for India's social commerce start-ups

Industry experts say there are, however, some basic hurdles that video-based commerce needs to overcome to be successful in India

Amazon Covid-19 pandemic bump fades as vaccinated shoppers leave home

Amazon shares declined 8% at 9:34 a.m., for the biggest drop since May 1, 2020. This was the first time Amazon missed quarterly sales estimates since 2018

UPS shares hit three-month low on worries e-commerce is cooling

UPS is reserving planes and other equipment needed for the expected surge

With an eye on online shoppers. YouTube buys social commerce startup simsim

The simsim app serves as a platform to connect local businesses, influencers and customers. The company had raised $16 million in 2020