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E-commerce

Over 80% Indian retailers do not see e-commerce as a threat: Report

Over 80% Indian retailers do not see e-commerce as a threat: Report

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.

E-commerce firm Meolaa gets $2 million seed funding

E-commerce firm Meolaa gets $2 million seed funding

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.

E-comm, FMCG, retail sectors contribute 27% to total warehousing demand since 2019: CBRE-In

E-comm, FMCG, retail sectors contribute 27% to total warehousing demand since 2019: CBRE-In

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.

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Discounted mobile phones on e-commerce sites caused 2 lakh people to lose jobs: ICA

Discounted mobile phones on e-commerce sites caused 2 lakh people to lose jobs: ICA

Thu, Apr 26, 2018

ICA report has argued that the companies were circumventing rules under Press Note 3 on FDI by holding inventory and influencing the prices of electronic goods, eroding offline retailers’ revenue and putting jobs at risk. The second threat that led to the closure of several mobile stores is the availability of the handsets on the companies online platforms as well as in their offline stores, which provide exclusive deals to customers.

Last day for Amazon's 'Go Honor World Carnival' sale; latest phones have best deals

Last day for Amazon's 'Go Honor World Carnival' sale; latest phones have best deals

Sun, Apr 08, 2018

The 'Go Honor World Carnival' sale has begun since April 04 on Amazon, and is available till April 08, 2018.

Amazon sacked 60 staff in India? Report 'incorrect', says company, only a 'small number' impacted

Amazon sacked 60 staff in India? Report 'incorrect', says company, only a 'small number' impacted

Tue, Apr 03, 2018

Amazon has contested the claims saying "reports stating 60 people (being fired) is factually incorrect and overstated". "As a global organisation, we have recognised the need to more organise our teams to keep us agile and help us use our resources optimally. This has impacted a small number of roles within the company," an Amazon India spokesperson said in an emailed statement.

Book movie, travel tickets on Flipkart soon; here’s how

Book movie, travel tickets on Flipkart soon; here’s how

Thu, Mar 29, 2018

Overall e-tail industry reached $17.8 billion in size in 2017, out of which Flipkart accounts for 40% of sales.

Snapdeal's Deal Mela sales begin; HDFC, Axis banks give 10% instant discount

Snapdeal's Deal Mela sales begin; HDFC, Axis banks give 10% instant discount

Fri, Feb 23, 2018

HDFC Bank and Axis Bank both are giving 10% instant discount on different smartphones, if a customer makes payment via their debit or credit cards.

Real growth potential of internet usage lies in rural sector

Real growth potential of internet usage lies in rural sector

Wed, Feb 21, 2018

For the next boost of internet growth, there are certain roadblocks that need to be addressed before the untapped user-base can be converted to internet users.

Amazon allows shopping upto Rs 10,000 through UPI apps

Amazon allows shopping upto Rs 10,000 through UPI apps

Tue, Feb 20, 2018

A customer can register through any of the UPI apps like BHIM, and enjoy payment facility on Amazon using his/her ID.

Amazon's market value on verge of beating out Microsoft

Amazon's market value on verge of beating out Microsoft

Thu, Feb 08, 2018

Amazon.com Inc on Wednesday was on the verge of ending the day with a stock market value higher than Microsoft Corp`s for the first time, as the online shopping behemoth weathered the recent turmoil on Wall Street.

Hike-Airtel partnership to facilitate easy use of smartphones

Hike-Airtel partnership to facilitate easy use of smartphones

Wed, Feb 07, 2018

Hike, a homegrown messaging app, announced a strategic partnership with Bharti Airtel ("Airtel") to embed `Total, built by hike` on mobile devices under the latter`s `Mera Pehla Smartphone` initiative.

E-tailing industry sales slips in October to December period

E-tailing industry sales slips in October to December period

Wed, Feb 07, 2018

E-tailing industry has been growing significantly. However, the last quarter of the 2017 calendar year shows sales were marginally down.

Amazon posts largest profit in its history on sales, tax boost

Amazon posts largest profit in its history on sales, tax boost

Fri, Feb 02, 2018

Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line.

Walmart likely to acquire a minority stake in Flipkart

Walmart likely to acquire a minority stake in Flipkart

Wed, Jan 31, 2018

World's biggest retailer, Walmart Stores Inc, is in advanced talks to acquire a significant minority stake in Flipkart. The deal could be finalised by March, two people with knowledge of the development told ET.

E-tailers see 33% increase in monthly active shoppers in 2017

E-tailers see 33% increase in monthly active shoppers in 2017

Tue, Jan 30, 2018

Monthly active shoppers were tracked to have grown 33% to 20 million last year.

Future will be about 'made on the internet': Jack Ma

Future will be about 'made on the internet': Jack Ma

Wed, Jan 24, 2018

Jack Ma said that even without a perfect logistics system, payments system or blockchain, e-commerce has grown remarkably.

What people really think of the new Amazon Go grocery store

What people really think of the new Amazon Go grocery store

Tue, Jan 23, 2018

From standing in long queues to walking out without actually being billed, customers saw it all. Here's what customers think about the new Amazon Go.

Amazon Pay launches cash-load at doorstep

Amazon Pay launches cash-load at doorstep

Fri, Jan 19, 2018

It has been touted to now make loading cash in customers’ Amazon Pay balance and cash on delivery payments ‘hassle free’.

Pepperfry appoints Abhimanyu Lal as CPO, elevates Hussaine Kesury to CCO

Pepperfry appoints Abhimanyu Lal as CPO, elevates Hussaine Kesury to CCO

Thu, Jan 18, 2018

Pepperfry has appointed Abhimanyu Lal as the Chief Product Officer (CPO) and promoted Vice President and Business Head – Furniture vertical Hussaine Kesury to the position of Chief Category Officer (CCO).

Amazon, Flipkart gear up for Republic Day sales; up to 80% off on smartphone brands

Amazon, Flipkart gear up for Republic Day sales; up to 80% off on smartphone brands

Wed, Jan 17, 2018

E-commerce majors ready themselves for upcoming Republic Day sales. Deals include up to 80% off on mobile brands and fashion.

Flipkart and Myntra uncover fake product returns

Flipkart and Myntra uncover fake product returns

Wed, Jan 17, 2018

The fledgling online fashion retailer was no match for the fraudulent ingenuity of the engineering students from Kanpur. The students would order branded clothes, stitch the labels on inferior locally made replicas, and claim a refund on the imitations citing bad fit.

Online shoppers from Tier II, III cities grew three times faster than metros: Report

Online shoppers from Tier II, III cities grew three times faster than metros: Report

Wed, Jan 17, 2018

Growth in number of unique shoppers from 2016 to 2017 in Tier II+ cities registered an advance of 34%.

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