New software to help shop through the cellphone
He seems to have struck a chord with young entrepreneurs.
Flipkart and Snapdeal take a cue from Amazon even as they differ on who is ahead in the race
Another point of contention is the invoice issued by the e-companies.
'The conversation is no longer just about securing funds or acquiring customers but about the long-term value of customers.'
rediffGURU Dr Ganesh Natarajan offers advice on how to build and scale your first start-up.
Some companies are already seeking review of the new norms.
Indian kiranas are agile enough to face the q-com challenge, but it's going to be a tough fight, notes Ambi Parameswaran.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
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
The big story is that IntraSoft is a remarkable proxy of the American e-commerce market.
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.
Leading FMCG firms reported a nearly two-fold increase in the share of quick commerce within their total e-commerce sales, and this surge is anticipated to continue, said a joint report by Deloitte and industry body FICCI. Quick Commerce, also known as hyperlocal delivery, is now reaching around 35 per cent of online sales and has become a preferred channel for urban consumers. "About 18 per cent of consumers prefer purchasing food and beverage items from Q-commerce channels.
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.
The Slovak Republic's President, Peter Pellegrini, has expressed interest in adopting a tree-planting initiative similar to India's "Ek Ped Maa Ke Naam," launched by Prime Minister Narendra Modi. The inspiration came during a meeting with Indian President Droupadi Murmu, who was on a two-day state visit to Slovakia. During a tree-planting ceremony in Nitra, Murmu highlighted Modi's initiative to plant trees in the name of mothers. Pellegrini was impressed and suggested that Slovakia could consider a similar program. The initiative, launched on World Environment Day last year, encourages people to plant a tree in their mother's name as a symbolic gesture of love and respect.
E-commerce buyouts: Mahindra, Godrej to leverage on physical stores.
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.
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.
Union Minister of Commerce and Industry Piyush Goyal's recent comments on large e-commerce players have reignited the debate about their impact on smaller offline retailers. On Wednesday, Goyal said that the rapid growth of e-commerce in India is a "cause for concern" and is diminishing the market share of small, mom-and-pop stores by offering high-margin products such as consumer electronics and apparel at discounted rates.
Overall automobile retail sales in India grew a modest 2.95 per cent in April this year to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note, Federation of Automotive Dealers Associations said on Monday.
Flipkart's model is a money guzzler
51% GenZ want to build multiple income streams through side hustles, freelancing and other gigs.
Govt's e-commerce portal asks sellers to specify country origin of products. Now, the commerce & industry ministry has mandated that the Government e-Marketplace, which has seen Rs 55,048 crore worth of transactions till now, adopt this approach in the interest of creating an 'Aatmanirbhar Bharat'.
'We saw 581 chocolate orders per minute and 324 rose orders per minute.'
Jack Ma is learnt to have discussed about e-commerce, mobile telephony
Quick commerce (Qcom) platforms are bringing upon a rapid change in the behaviours of online shoppers, with 31 per cent of buyers relying on the fast delivery option for grocery needs, according to a new study.
From 690,800 sq ft in 2013, the absorption by e-commerce companies in Chennai dropped to 31,150 sq ft last year.
Internet retailer Amazon and its fast-growing local rivals are driving a boom in commercial property leasing in India.
Riding on e-commerce wave is the youngest state, which faces competition from neighbours.
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Tata Value Homes, a 100 per cent subsidiary of Tata Housing, on Monday launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore (Rs 10 billion) revenue by FY2015-16.
A growing preference for convenience products and hybrid media consumption, and a surge in digital engagement have led to a rise in the average basket size for fast-moving consumer goods (FMCG) among rural consumers. The average of the rural FMCG basket saw a 60 per cent rise from 5.8 in 2022 to 9.3 in 2024 as it expanded to include convenience products like ready-to-eat packages and beverages, stated the fifth edition of the Rural Barometer Report, brought out jointly by GroupM and Kantar, which surveyed 4,376 rural adults across 20 states.
For TCS, the retail business has been growing at 10-12 per cent over the last three quarters. On a year-on-year basis, the growth rate of the retail business has been impacted due to currency fluctuation and the general slowdown. In dollar terms, the retail business grew 51.6 per cent for the company last financial year.
The company, which recently hit the run rate of $1 billion in gross merchandise value ahead of the target date, is the largest mobile phone retailer in the country, counting online and offline stores, estimates show.
High return rates in the e-commerce space are making a dent in the margins of e-retailers.
Tata has invested in close to 10 companies, mostly in the e-commerce space, including Snapdeal and Chinese handset maker Xiaomi.
Diane Wang's DHgate makes inroads into India's e-commerce ahead of Jack Ma's Alibaba.
It is hard enough to make a profit in e-commerce without having to deal with excessive paperwork, legal fees and the constant threat of harassment by revenue officials.
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