The company noted in a statement that small and medium businesses across India had been financially impacted due to the nationwide lockdown to precent the spread of coronavirus
WhatsApp's integration into Jio's e-com platform holds the key: Experts
In a mail to employees, Krishnamurthy also encouraged them to explore innovative ways to drive value for the ecosystem including sellers, brands, kirana stores and customers
Amazon has already announced waiver of commissions for small sellers by almost half, larger rival Flipkart said that it is taking proactive steps to settle the payments related to cancelled orders
Products related to electronics such as phones, laptops and televisions are among the first ones to be allowed by various governments of states such as Rajasthan and Maharastra.
E-commerce companies are exploring unique models to ensure business continuity amid the lockdown imposed by the government to contain the spread of the coronavirus infection.
Trade Minister Piyush Goyal held a video conference with nearly two dozen e-commerce executives in a bid to understand hurdles faced by the sector.
Secretary in the Deparrment for Promotion of Industry and Internal Trade (DPIIT) Guruprasad Mohapatra said that with lot of follow ups on their issues, relaxations were given to them by the Home Minis
They're dialling 700-plus district administrations to organise curfew passes as coronavirus spreads across the country
Local authorities to issue passes for this purpose; govt also allows unrestricted movement of trucks
The advisory should help food delivery services, e-commerce companies, cold storages and warehousing establishments.
An on-the-ground report shows how bustling complexes have emptied out
Firms like Flipkart, Amazon, Bigbasket witness 30% spike in orders as COVID-19 spreads
The report stated that industries, such as logistics and jewellery, had seen the biggest increase in usage over the past two years
"Warburg is not happy with the speed with which the land acquisition and development happened in the JV," said sources.
The report also says that online private labels have the potential to develop into self-sustaining brands that have a captive base beyond the e-commerce platform that has nurtured it.
Consumers look for quality, differentiated experiences across categories, finds a Kantar study; Amazon, Flipkart say the focus is on relationships
Flipkart is of the view that this differentiator will work in its favour to grow its business further
As allegations of anti-competitive practices like vertical restraints by e-commerce firms become more frequent, the CCI's "light touch" decision-making approach for the sector is likely to change
Experts further said that e-commerce companies already deduct 1 per cent TDS under the Goods and Services Act