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Page 2 - E-commerce Industry

Amazon woos Indian exporters to sell products on Black Friday sale event

US e-commerce giant cuts subscription fee for new exporters joining Global Selling programme

Amazon woos Indian exporters to sell products on Black Friday sale event
Updated On : 15 Nov 2022 | 6:00 PM IST

Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr

The B2B arm of Walmart-owned e-commerce firm Flipkart reported expenses of Rs 54,580 crore, up about 19% over the previous year

Flipkart India FY22 revenue at Rs 51,176 cr, loss widens 39% to Rs 3,404 cr
Updated On : 01 Nov 2022 | 8:46 PM IST

Amazon to delist Appario as seller, renews Frontizo JV for 3 years

The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure

Amazon to delist Appario as seller, renews Frontizo JV for 3 years
Updated On : 31 Oct 2022 | 11:25 PM IST

Shiprocket becomes first inter-city logistics provider to join ONDC network

Company will enable sellers to select delivery partners to ship products across India

Shiprocket becomes first inter-city logistics provider to join ONDC network
Updated On : 27 Oct 2022 | 11:15 PM IST

NSDL acquires 5.6% stake in govt's e-commerce project ONDC for Rs 10 crore

Leading depository NSDL on Wednesday said it has acquired a 5.6 per cent stake in the Union government's Open Network for Digital Commerce for Rs 10 crore. National Securities Depository Limited (NSDL) invested an amount of Rs 10 crore in ONDC under the private placement route, the depository said in a statement. "This strategic deal will further strengthen the digital ecosystem to take digital e-commerce to the people of India," Padmaja Chunduru, MD and CEO at NSDL, said. ONDC is an initiative of the Commerce Ministry to create an open public digital infrastructure, while NSDL has played a key role in transforming the Indian securities market by facilitating, holding and transfer of securities in dematerialised form. NSDL demat account holders are serviced through the Depository Participants from 58,000 service centres. Its investors are present in 99 per cent of pincodes in India and are spread across 189 countries. "We are glad to have NSDL as a stakeholder which would be of ..

NSDL acquires 5.6% stake in govt's e-commerce project ONDC for Rs 10 crore
Updated On : 12 Oct 2022 | 11:17 PM IST

E-commerce sector expected to create 500,000 jobs by Diwali: Report

The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

E-commerce sector expected to create 500,000 jobs by Diwali: Report
Updated On : 10 Oct 2022 | 12:00 AM IST

ONDC goes live with beta launch in Bengaluru; 161 orders placed on Day 1

Govt-owned network starts in Bengaluru with online grocery, restaurant orders

ONDC goes live with beta launch in Bengaluru; 161 orders placed on Day 1
Updated On : 01 Oct 2022 | 12:30 AM IST

Lower-income groups not so hopeful this festival season sale: Report

While the e-commerce platforms have seen an uptick in their festival season sale to Rs 24,500 crore, the average user spending has come down significantly

Lower-income groups not so hopeful this festival season sale: Report
Updated On : 30 Sep 2022 | 6:35 PM IST

E-com giants clock $3.5 billion in first four days of festival sales

For the first 4 days, an estimated Rs 11,000 crore worth of mobiles were sold from the large e-commerce players - In terms of units, 60-70 lakh mobiles were sold in the first 4 days

E-com giants clock $3.5 billion in first four days of festival sales
Updated On : 27 Sep 2022 | 10:19 PM IST

India to see smartphone sales worth Rs 61k cr this festive season: Report

E-commerce channels are expected to capture 61 per cent of the overall sales, down from 66 per cent last year, according to Counterpoint Research.

India to see smartphone sales worth Rs 61k cr this festive season: Report
Updated On : 20 Sep 2022 | 7:26 PM IST

Despite 8% sales growth, Amazon Retail India saw Rs 794-crore loss in FY22

The numbers come amid preparations for Amazon's month-long flagship sale event The Great Indian Festival (TGIF), which starts on September 23

Despite 8% sales growth, Amazon Retail India saw Rs 794-crore loss in FY22
Updated On : 13 Sep 2022 | 10:40 PM IST

Amazon Seller Services reports Rs 3.6K-crore loss; revenue up 32%

E-commerce firm's units for digital payments and selling cloud service report losses too for FY22

Amazon Seller Services reports Rs 3.6K-crore loss; revenue up 32%
Updated On : 12 Sep 2022 | 10:43 PM IST

Premium smartphone demand in smaller cities up 40% in Jan-July: Flipkart

E-commerce website records over 60% growth in new smartphone launches by premium brands

Premium smartphone demand in smaller cities up 40% in Jan-July: Flipkart
Updated On : 12 Sep 2022 | 5:10 PM IST

JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32

Of the targeted $20 billion GMV by FY32, JSW products is expected to account for 65 per cent, the balance would be non-JSW

JSW sets ambitious goals for e-commerce business, eyes $20-bn GMV by FY32
Updated On : 07 Sep 2022 | 8:53 PM IST

Existing players will join once penetration crosses single digits: ONDC CEO

In a Q&A, T Koshy, dwells on the network's national road map, challenges in onboarding small retailers, and the value proposition for customers

Existing players will join once penetration crosses single digits: ONDC CEO
Updated On : 06 Sep 2022 | 8:16 PM IST

Temp staff hiring to rise as consumers return to stores in festive season

During the festive season, more than 500,000 short-term jobs are expected to be created

Temp staff hiring to rise as consumers return to stores in festive season
Updated On : 05 Sep 2022 | 1:40 PM IST

Udaan, Jiomart led India's B2B e-commerce market to reach $100 bn by 2030

India's B2B e-commerce market, led by players like Udaan and Jiomart, will reach $90-100 billion in gross merchandise value (GMV) by 2030, a report showed

Udaan, Jiomart led India's B2B e-commerce market to reach $100 bn by 2030
Updated On : 31 Aug 2022 | 1:40 PM IST

ONDC to soon open up for beta-testing for public in limited areas

Since April-end, ONDC has been testing with a closed user group for end-to-end execution.

ONDC to soon open up for beta-testing for public in limited areas
Updated On : 30 Aug 2022 | 11:21 PM IST

E-commerce solution provider Graas raises $40mn in funding round

Graas, a solution provider the for e-commerce industry, said on Wednesday that it has raised more than $40 million in the first close of a funding round.

E-commerce solution provider Graas raises $40mn in funding round
Updated On : 18 Aug 2022 | 12:32 AM IST

Changing customer behaviour helps establish new age e-commerce models

New e-commerce players have set a hawk-eye focus on the latest dynamic trends to ensure success for years to come

Changing customer behaviour helps establish new age e-commerce models
Updated On : 10 Aug 2022 | 7:11 PM IST