Page 4 - E-commerce Industry

Mensa, house of D2C brands, raises $135 mn to become Asia's fastest unicorn

Within six months of starting the business, Bengaluru-based Mensa has raised more than $300 million in equity and debt

China's 'Lipstick Brother' livestream logs $2 billion in a day

Li, who earned his nickname by trying on various makeup products on his show, pre-sold 12 billion yuan in products ranging from Shiseido lotions to Apple AirPods

Indian e-commerce sales could grow by up to 60%, hit $84 bn in CY21: study

EasyEcom report predicts 32-68% spike in festive season demand; electronics the top category in this space, with 34% share of GMV in CY2020, likely to hold fort going forward

Ananth Narayanan-led Mensa Brands invests in 10 fashion and beauty brands

Over the next three years, Mensa will acquire over 50 brands across categories including home, garden, apparel, personal care, and beauty

India, Australia to include e-commerce in final free trade pact

India and Australia have agreed to include e-commerce in the final free trade agreement which is likely to be put in place by the end of next year

Dukaan®, a Leader in E-Commerce Enablement Space, to Hire 100 Engineers to Strengthen its Product and Offerings

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How Amazon Web Services is working with Govt to take on the Covid challenge

NITI Aayog Frontier Technologies CIC, set up in partnership with AWS, to work on initiatives like telemedicine, safe air travel and reaching critical supplies to patients and frontline workers

Govt-appointed panel to meet on modalities of open network for e-commerce

The discussions and meetings will begin soon to allocate work to various agencies that will be involved in developing the platform, said an official in the know

From regulatory lens to unionisation: Challenges aplenty for Amazon's Jassy

Amazon has been accused of using the proprietary data of third-party vendors to make cheaper, private-label versions of their products

New rules will choke e-commerce growth, Indo-American Chamber tells Govt

Says proposed amendments will increase compliance liabilities, can affect investor sentiment globally especially with respect to 'Ease of Doing Business'

Nandan Nilekani to join govt panel on curbing digital monopolies

Idea is to give 'free and fair' choice to buy products on online platform

SoftBank-backed Snapdeal's home category sales grow by 70% amid pandemic

The growth has been led by kitchenware and home improvement category products, which saw a 50 and 100 per cent jump in demand respectively since March 2020

Consumer protection rules: Decoding the impact on e-commerce firms, buyers

The proposed rules have created quite a stir among companies, with some anticipating a change in their business structure if these are implemented

Walmart's Flipkart tells court it offers lower fee if sellers cut prices

Flipkart and Amazon are in a court battle against the CCI bid to restart an investigation into their business practices, after a judge in early June dismissed the companies' pleas.

Antitrust case: HC paves way for CCI investigation against Amazon, Flipkart

Karnataka HC dismissed the petitions of e-commerce giants Amazon and Flipkart against a probe by CCI

Amazon to ask corporate staff to return to office for three days a week

Amazon.com Inc said on Thursday some corporate employees will be offered the option to return to office for three days a week and work remotely for the other two days.

Flipkart launches QR-code-based pay-on-delivery facility for customers

Walmart-owned Flipkart on Monday launched a contactless, QR-code-based payment facility for all its pay-on-delivery shipments. Consumers who opt for cash on delivery can use this facility, scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery, a statement said. This will help those consumers, who opted for cash on delivery, who can use this facility to scan the QR code attached to their purchase and make a digital payment for their order through any UPI app at the time of delivery. The payment method not only ensures greater safety for consumers at a time when they are looking to minimise personal contact but also addresses the trust deficit that many consumers might face, the statement said. The payment constructs and in-house fintech innovations of Flipkart are empowering new-to-internet customers and helping bring the next 200 million users to the platform, it added. "As the lines between e-commerce ..

Flipkart in talks to raise $3 bn from marquee investors at $35-bn valuation

The funding -- from SoftBank, Abu Dhabi's ADQ, CPPIB -- is expected to set the stage for Flipkart's IPO in the US by next year and increase its valuation to about $50 bn, say sources

Salman Altaf, founder of "Blue Cascade," an E-Commerce venture is all here to upheave your brand.

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Rural push, new launches to sustain growth trajectory for Nestle India

Valuations are, however, rich limiting the upside potential