Page 11 - Online Shopping
Blackstone bets on hunger for urgent delivery in Europe in $24-bn deal
Rather than list or seek a private sale, the US investor is opting to recapitalise Mileway, Europe's largest owner of last-mile logistics
 "Blackstone bets on hunger for urgent delivery in Europe in $24-bn deal")
Ola to set up India's largest dark store network for its quick commerce biz
In next six months, Ola Dash aims to expand its dark store network to 500 dark stores spread across 20 cities, making it the largest dark store network in India.
 "Ola to set up India's largest dark store network for its quick commerce biz")
Flipkart to host first-ever dedicated Samarth sale event on January 26
Rival company Amazon India's 'Great Republic Day Sale' started from midnight on January 17 with offers until 11:59 pm on January 20.
 "Flipkart to host first-ever dedicated Samarth sale event on January 26")
Fashion retailer Myntra elevates Achint Setia as the head of marketing
Setia will lead Myntra's marketing function while continuing to oversee the social commerce business
 "Fashion retailer Myntra elevates Achint Setia as the head of marketing")
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
 "Social commerce industry to touch $1.2 trn by 2025 globally: Accenture")
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
 "Shopping on social media to hit $1.2 tn by 2025, India key market")
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.
 "Why creator is the new king in online commerce's latest iteration")
'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
 "'Oh my God, buy it!' How livestream shopping works in China")
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
 "Plan to expand into omni-channel distribution, says Snapdeal")
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.
 "Monthly mobile shopping app installs in India reached 113 mn in October")
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
 "EBay revenue outlook disappoints as pandemic-led boom fades")
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
 "Visa beats quarterly profit estimates on travel, online spending boom")
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
 "These teams worked remotely to help Flipkart pull off Big Billion Days sale")
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.
 "Google adds visual search features in shopping, video push")
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
 "Flipkart prepones dates of flagship sale event to a day Amazon's event")
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
 "Connected consumers in India likely to spend 42% more than last yr: InMobi")
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
 "Colloquial searches: Flipkart's voice feature lets users converse with app")