Industry experts say there are, however, some basic hurdles that video-based commerce needs to overcome to be successful in India
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 is reserving planes and other equipment needed for the expected surge
The simsim app serves as a platform to connect local businesses, influencers and customers. The company had raised $16 million in 2020
Facebook Pay is arriving on other online shopping platforms, starting with e-commerce platform Shopify, that will help businesses ensure a seamless checkout experience
Even as policy makers grapple with ways to revive demand, an online sale fest launched by Axis Bank offering 15 per cent discounts is witnessing a 10-times surge in daily volumes
The startup will showcase more than 15 brands across various categories offering discounts and giveaways
The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented
Experts say these changes could impact business structures used by Flipkart and Amazon in the fast growing Indian e-commerce market
In the pilot, which looked at a few hundred cases, Snapdeal and Sama helped settle a 100, with an overall success rate of 50 per cent
This trend was observed not just in the big cities, but also tier-1,2,3 towns, a survey by community led social media platform LocalCircles has found
London-based Depop, founded in 2011, is known for its vintage and streetwear collections and has more than 26 million users from over 147 countries.
Order steers clear of confusion on essentials and non-essentials, allows inter and intra city movement of goods, unlike Maharashtra, where clarity on this took some time
It's fresh fruits and veggies over junk, surge in alcohol consumption
WhatsApp on Wednesday announced two new features to make it easier for people to know whats available and for entrepreneurs to quickly sell their products on WhatsApp for Business
'Jaldi Payments' will slash payment receipt time by 76 per cent and help sellers use capital to expand their business, says company.
E-commerce rules should be stable and equitable
18 per cent said they "called local retail stores and got home delivery" and 31 per cent "visited the mall, local retailers, markets and shop there."
The merchants will be well-positioned to be successful if they put customer experience at the heart of the checkout process.
IPOs have been on a tear since last summer