Page 5 - Online Shopping

Growing presence: D2C brands hitch a ride on the quick-commerce wagon

D2C brands growth in quick commerce has overtaken traditional e-commerce, and the channel is currently proving to be more profitable as well

Quick, quicker, quickest: The impatient Indian fires up an industry

Instant delivery firms diversify to high-end consumer durables & e-comm majors enter the space

Holy grail of blended commerce

Combining the power of physical and online retail represents the next frontier

Ecommerce company Amazon infuses Rs 1,600 crore into India entity

Amazon's chief rival Flipkart recently raised nearly $600 million in fresh funds from its parent company, Walmart, and another investor

Demand for ice creams, ACs expanded during summer sales event: Amazon India

As the temperature in India soars, so does the demand for cooling essentials

Amazon's 'just walk out' checkout tech was powered by 1,000 Indian workers

As many as 1,000 workers in India were required to review what the customers picked up, and ultimately walked out with from Amazon's Just Walk Out-enabled stores

Operationally profitable for two quarters: Fashion platform Myntra

Brands on Myntra have recorded strong year-on-year (YoY) growth, with the catalogue size on the platform also having grown by over 50 per cent in the last year

Myntra obtains India franchise rights for UK's fashion brand NEXT

E-commerce platform Myntra on Friday said it has bagged franchise rights for UK's fashion brand NEXT for the country. Myntra has signed a franchise agreement with UK's fashion brand NEXT to this effect. The association allows Myntra Jabong Pvt. Ltd, Myntra's B2B wholesale entity, the right to distribute NEXT's range of products, while holistically scaling NEXT's omni-channel presence in India, a company statement said. "As a part of this franchise agreement, Myntra's business-to-business (B2B) entity will set up NEXT branded stores in India," it said. It added that the association enables NEXT to tap into the vast, diverse and ever-evolving Indian market by allowing Myntra Jabong Pvt Ltd to distribute its products on a wholesale basis. "With a successful trajectory of growing NEXT online in India, our first year of working together has resulted in establishing the right product, audience and price fit in the country. "With a strong playbook in exponentially building adoption for

'53% consumers did not receive refund for inherently defective products'

At least 74% consumers had reached out for action on defective products, of which, only 21% got a product replacement or refund

Meesho initiates largest ESOP buyback programme totalling Rs 200 cr

Eligible current and ex-employees across the spectrum, from junior-level executives to senior leadership can voluntarily participate in this program, the company said in a statement

Flipkart unveils its UPI handle to boost India's digital evolution

The service would be available to all users including Flipkart's over 500 million customers

Urban Indians ready to pay premium price for quick delivery: PwC report

The lack of discounts and special offers in physical stores, along with large crowds in malls during weekends are some of the reasons why urban dwellers prefer to shop online

Shadowfax raises $100 million from TPG NewQuest, Flipkart and others

It would use the funds to reinforce its middle-mile network and extend its last-mile delivery services to cover all 20,000 pincodes across India

Myntra names Venu Nair as chief of strategic partnerships and omnichannel

Nair joins Myntra's senior leadership team where he will be responsible for strengthening the online fashion retailer's existing international brands portfolio

About 45% of demand for global brands come from non-metros: Myntra's CPTO

AI and personalised shopping drive Myntra's expansion into new regions

Look forward to seeing our leaders steer us to new heights: Flipkart CEO

Krishnamurthy said that Flipkart's growth in the past decade would have been impossible without their contribution

Jeff Bezos unloads another $2 billion of Amazon stock in latest sale

The move to Florida has now likely saved Bezos about $430 million in taxes. Washington state recently implemented a 7% levy on capital gains, while Florida has no such tax

Simpl launches merchant biz offering to reduce CoD settlement time

The company said the product aims to reduce the settlement time for cash-on-delivery (CoD) orders by up to 90 per cent and improve daily sales by 40 per cent

Temple fever grips Indians, lifts travel demand and hotel bookings

Spiritual merchandise sales on e-commerce platforms surge ahead of Ram Mandir inauguration

Indians spent 12.84 bn hours on shopping apps in 2023, next only to China

The time spent by shoppers on these apps in 2023 was far higher than in the US (2.8 billion hours), Brazil (3.020 billion hours), but it was less than that in China where it was 49.60 billion hours