E-marketplace

On March 30, GeM completed five million transactions in a single financial year for the first time ever

To acquire majority stake in OZiva maker, 19.8% in Nutritionalab

Here is our morning brief of today's top headlines

Cumulatively, GeM has surpassed GMV worth Rs 3 trillion since inception and the number of transactions on GeM exceeded 12 million

G20 Presidency an opportunity to showcase ODOP products

New demographic joining information superhighway, he says at Bengaluru Tech Summit

More than 400 cooperative societies have registered on the Government e-Marketplace (GeM) portal in last three months, Union Minister B L Verma said on Monday. On June 1, the Union Cabinet had given its approval for expanding the mandate of GeM to allow procurement by cooperatives as buyers on GeM. But it was on August 9, the cooperatives were formally onboarded the portal. "So far, more than 400 cooperatives have registered on the GeM portal and begun the trade," the Minister of State for Cooperation said. He was addressing the 69th All India Cooperative Week organised by National Cooperative Union of India (NCUI) here. Organic products, especially from North-East do not find a right market. Be it organic or other products, cooperatives can sell these items on the GeM portal, he added. Besides this, the minister said the government has taken several measures to strengthen and expand cooperatives since formation of a new cooperation ministry in July 2021. On setting up of a new .

Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal

The JioBook is currently available for government department employees via the GeM at Rs 19,500. For others, it is expected to be available around Diwali

The Centre has incrementally been expanding the GeM shopping basket by offering over 300 services and 10,000 goods categories for government sector buyers

Reliance Retail's digital commerce arm has been onboarding additional sellers across categories

The decision is expected to help cooperatives in getting competitive prices through an open and transparent process

The platform has a 60% share in this space, with Reliance Jiomart being the only other dominant player

There has been a global uproar against the anti-competitive app store policies of both Apple and Google, which include a steep gatekeeper tax on all digital goods

Coinbase has received more than 2.5 million emails seeking to sign up for the marketplace since it was first announced in October

Shinsegae Group's E-Mart officially acquired about 80 per cent of share in eBay Korea, which operates G market and Auction, on the 30th

Commerce and Industry Minister Piyush Goyal on Tuesday called upon GeM to expand its scope and include more participants for public procurement of products and services.

Launching e-Santa, the minister said the platform will change the traditional way of carrying out business on word-of-mouth basis and will make the system more formal and legally binding

A set of common items were identified or the study, done on January 4.

Tech startups including Jumbotail are poised to transform the kirana store ecosystem at an unprecedented pace and scale over the next few years