Thu, Nov 02, 2023
MSME-focused digital lender in India NowGrowth surveyed around 3,000 Indian retailers and shoppers across more than 25 top cities in India, wherein it was found that at-home delivery remains a top priority for shoppers, with 60 per cent of offline retailers receiving customer requests to start home delivery services.
Tue, Oct 10, 2023
The company raised its pre-seed funding round of $165K in March 2022. This round of funding helped to kickstart Meolaa's growth and support its mission to create a community of conscious consumers and purpose-driven brands.
Wed, Sep 27, 2023
E-commerce, FMCG and retail sectors contributed 27 per cent to total warehousing demand since 2019, according to a report by CBRE and Indospace.
Tue, Jun 27, 2017
'E-tail' is expected to pick up in India as the cost of renting places in Tier-I cities are expected to shoot up. It has become more economical for retailers to focus on e-tail rather than brick and mortar stores.
FICCI says that the TCS provision under GST would have led to a slowdown in e-commerce, economic growth and job creation as it would have a direct impact on sellers on these platforms.
Touted as India's biggest tax reform -- the Goods and Services Tax (GST) -- is all set to be rolled out from 1st July 2017.
Mon, Jun 26, 2017
The Ministry said that persons who will be liable to deduct or collect tax at source will be required to take registration, but the liability to deduct or collect tax will arise from the date the respective sections are brought in force.
Sun, Jun 25, 2017
Indian online retailer Snapdeal has filed a police complaint against some former directors and former management of a local logistics company, in which it owns a stake, accusing them of defrauding the company of 3.57 billion rupees ($55.37 million), a police report showed.
Thu, Jun 22, 2017
China`s Alibaba Group Holding and JD.com Inc have invested heavily in offline retail - bricks-and-mortar stores - in recent years to complement their online offerings.
Tue, Jun 20, 2017
Mon, Jun 19, 2017
Myntra's sale comes at a time when brick and mortal retail stores are offering heavy discounts to customers to clear stocks, ahead of the GST roll-out from July 1.
Over 50 new retail brands that have tied up with Franchise India may enter India in the next six months investing a total of $300-500 million.
Sun, Jun 18, 2017
When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment - the world`s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete.
Fri, Jun 16, 2017
Whole Foods shares were halted at $32.77 in premarket trading, while Amazon`s shares were up 0.5 percent at $969.
Tue, Jun 13, 2017
Mon, Jun 12, 2017
A few players in the e-commerce sector feel that under the current foreign trade policy, there is a "lack of clarity" in terms of e-commerce exports.
Paytm has named Amit Sinha, vice president of One97 Communications as Chief Operating Officer of its e-commerce venture - Paytm Mall.
Wed, May 31, 2017
One of the reasons for the consumer sentiment and the purchase of premium products is the e-commerce boom in India.
Among the other four largest U.S. companies by market cap, Apple and Facebook share prices have also risen nearly 33 percent this year while Alphabet has gained 26 percent and Microsoft has added 13 percent.
Tue, May 30, 2017
Online food delivery platform Swiggy today said it has raised $80 million (over Rs 517 crore) in series E funding led by global internet group and technology investor Naspers.
Mon, May 29, 2017
It is not clear how long the fresh financing round will help Snapdeal in continuing operations as it faces intense competition from rivals Flipkart and Amazon.
Fri, May 26, 2017
Flipkart, Indian e-commerce website has been named the most well-funded unicorn in India and ranked second in all of Asia Pacific region. The company has a total disclosed funding of $4.74 billion.
Tue, May 23, 2017
The sale of Xiaomi Redmi 4 garnered record sales with Amazon.in on Tuesday. The e-commerce site said it had received 10 million hits per minute with 250,000 units being sold within the first 8 minutes of the sale.
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