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.
Mon, Dec 17, 2018
Interestingly, categories posting the most significant growth in e-commerce channel included packaged grocery (where 40 per cent of respondents said they made a purchase), fresh groceries, and baby and children products.
Sat, Dec 15, 2018
Prominent companies which made offers included Google, Apple, Microsoft, Intel, Tata Steel, Flipkart, L&T Construction, Mahindra & Mahindra, TVS Motors, HSBC, JP Morgan, Qualcomm, Barclays, Goldman Sachs, Master Card and Capgemini.
Thu, Nov 22, 2018
Walmart said it is in talks to bring new investors into Flipkart, said the report, and cited one person familiar with the matter saying that Flipkart is in discussions with Google, Intel and existing investor Microsoft to raise more capital.
Wed, Nov 14, 2018
The products will be shipped through the postal department`s Speed Post service, it said.
Sun, Nov 04, 2018
"Earlier we would get large pre-Diwali orders of 500-700 items like cookers, tiffin sets, but now nobody is looking for such big orders. They only buy one or two items like spoons, steel plates, or bowls," he said.
On the other hand, leading e-commerce websites are looking forward to Diwali
Sun, Oct 28, 2018
E-commerce major Flipkart Internet has trimmed its consolidated losses to Rs 1,160.6 crore for the financial year ended March 2018, as per regulatory documents.
Thu, Oct 25, 2018
Nearly everyone is shopping online – 94% of consumers globally; unchanged year-over-year. But, the frequency with which consumers shop online is accelerating, said a report by Pitney Bowes.
Thu, Oct 04, 2018
US retail giant Walmart has submitted to Income Tax authorities its rationale for deducting tax on payments made to some Flipkart shareholders and not to others, a senior official said Wednesday.
Fri, Sep 21, 2018
On Thrusday, The Finance Ministry notified TCS at the rate of 0.50 per cent of the net value of intra-state taxable supplies made through the e-commerce portals by other suppliers in the Central Tax law.
Sun, Sep 09, 2018
According to RedSeer, the daily gross merchandise value (GMV) during the five-day sale period is expected to be around USD 527 million. GMV refers to the total sales value of merchandise sold through the platform over a certain period of time.
Fri, Sep 07, 2018
The report titled ‘Propelling India towards global leadership in e-commerce’ further states that e-tail and e-travel will continue to hold over 90 per cent share of e-commerce.
E-tail and e-travel will continue to hold their sway with over 90 per cent share of e-commerce while online financial services will experience the fastest growth, the report said. It also noted that e-commerce can potentially create one million plus jobs by 2023. "The Indian e-commerce market of USD 35 billion is expected to grow at 25 per cent in the next five years and exceed USD 100 billion by 2022," it said.
Wed, Sep 05, 2018
A malware is stealing data including usernames, passwords, credit card information and personal details.
Amidst the new game set to begin, a series of interesting trends will roll out both for consumers and the sector alike, predict experts. Firstly, for consumers, the party will continue with raining deals, discounts and cashbacks, says Sidharth Rao, co-founder and CEO of digital agency Dentsu WebChutney. Secondly, the market will further ripen up for acquisitions. The big three, flushed with big money and investor optimism, will aim to buy out smaller players to beef up their e-commerce war chest in India.
Thu, Aug 23, 2018
Apparel brand Being Human, which launched its e-commerce operations early this month, is looking at 8-10 per cent of its sales to come from this medium in the next two to three years, a top company executive said.
Tue, Aug 21, 2018
"Their approach towards leveraging technology to solve financial concerns of the common individual was particularly impressive... Walnut Prime is a product of deep interest to us, and it will essentially become a new addition to our stable of exceptional, customised credit products," Capital Float founders Sashank Rishyasringa and Gaurav Hinduja said in a statement.
The average size of space take-up increased from approximately 75,000 square feet during first half of 2017 to close to 90,000 square feet during January-June 2018, the report noted
Wed, Jul 18, 2018
The government today said that several complaints have been received regarding supply of defective and damaged goods by online retail companies and in various cases consumers have been advised to file grievances at appropriate forums.
Mon, Jul 09, 2018
Leading stock exchange BSE has postponed the launch of its new platform for listing startups. The platform, scheduled for launch today, was aimed at facilitating the listing of companies in sectors such as IT, ITES, bio-technology and life sciences, 3D printing, space technology and e-commerce.
Mon, May 21, 2018
Private equity and venture capital investments in April were up 23% at $2.4 billion
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