Nearly 7 out of every 10 P2M UPI transactions take place in high frequency categories like groceries, restaurants, pharmacies, fuel service stations, bakeries and utility services such as electricity, gas, water and sanitation.
Morgan Stanley writing down its investment in the e-commerce leader by 27 per cent does not augur well for the sector.
Even smaller players like Bluegape.com have launched T-shirts, cups, wall clocks and other products inspired from the fan community.
Walmart is keen to spruce up presence in India.
IRCTC and Yebhi's partnership was based on a revenue sharing model where Yebhi held inventory for IRCTC and shared about 2-10 per cent of the revenue.
Industry body to write to commerce ministry, seek regulation for e-tailers.
Access to capital for sub-standard companies is on the decline
'It is unclear whether clothing or home items qualify as essential items. A lot of professionals are working from home, and they need electronics for their productivity. Does this qualify as essential?'
With more than 10,000 stores under the various Reliance retail brands and over 2.5 million kirana stores already tying up with it, Jio's online marketplace would have the biggest hyperlocal logistics network in the country.
Today, India is one of the fastest-growing eCommerce markets in Asia/Pacific along with China.
IndusInd Bank, has recently launched www.themorestore.com only for its credit card and debit card holders
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
E-retailers with foreign investments may now find it difficult to provide discounts.
Indian retail market would have a size of $1 trillion by 2020, said India director for e-commerce and local classified, Nitin Bawankule, on Thursday.
It is still "discounts" that e-commerce players have to rely on to bring in customers, though they might claim otherwise.
The e-tail venture plans to initially offer apparel, electronics and footwear products.
New software to help shop through the cellphone
The company is keen on creating 'a differentiated e-commerce model'.
He seems to have struck a chord with young entrepreneurs.
Another point of contention is the invoice issued by the e-companies.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
If you are thinking of upgrading to the new iPad Air, e-commerce platforms are offering a discount on the 2024 iPad Air with the M2 chip.
Snapdeal chief executive officer Kunal Bahl said Piramal's investment was a significant endorsement for the firm and the transformation the company has undergone over the last couple of years.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
Flipkart Group Chief Executive Kalyan Krishnamurthy on Monday said the firm was advancing preparations for a potential initial public offering (IPO) in India, which included shifting its holding company to India from Singapore. Speaking at an internal town hall, Krishnamurthy said the company's leadership structure is strengthening and that the steps toward relocating Flipkart's legal base to India are progressing as planned, according to people familiar with the matter.
Some companies are already seeking review of the new norms.
The big story is that IntraSoft is a remarkable proxy of the American e-commerce market.
In its highest ever reduction in seller fees, ecommerce giant Amazon India has introduced zero referral charges on over 12 million products on its platform that are priced below Rs 300. The move is aimed at boosting seller growth on Amazon.in and supporting hundreds of thousands small businesses across the country.
After 100% FDI, DIPP has put a condition an e-commerce entity will not be permitted more than 25% of sales through its marketplace from one vendor or their group companies
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Market watchers, players and investors, however, feel the e-commerce sector has yet to reach the pinnacle.
Uber India has readied itself for another $500 million (Rs 3,300 crore) investment in the next three months.
The Food Safety & Standards Authority of India (FSSAI) on Tuesday asked e-commerce and quick-commerce food operators to ensure a minimum shelf life of 30 per cent or at least 45 days before products expire at the time of delivery. The order follows rising concerns over violations of food safety standards in quick-commerce and e-commerce.
The $12 billion plus rising Indian e-commerce business market is witnessing a rush of hiring and may need one lakh people over the next six months, industry experts have said.
India is world's one of the biggest e-commerce markets.
The 53-year-old entrepreneur has felt the heat of e-commerce.
E-commerce buyouts: Mahindra, Godrej to leverage on physical stores.
The website will operate as a marketplace similar to Alibaba's China-based TMall, which offers virtual store fronts to merchants who set their own prices and handle their own logistics for nearly everything but payments, the newspaper reported.
The market, however, reacted negatively to SpiceJet's announcement and the company's stock dropped by 0.87 per cent as analysts became wary of diversion into a new business during a high fuel price environment.
Mother Dairy has hiked milk prices by up to Rs 2 per litre effective Wednesday to partly offset rising input costs. The price revision will be effective from April 30, 2025 across its market, a company official said on Tuesday.
