E-commerce firms also making arrangements to keep their supply chains running
He's stepping down as CEO later this year to become executive chairman, and it was clear to experts that legacy was on his mind in his final missive to investors
Amazon is heading into the final stretch of a union push in Bessemer, Alabama with a sizeable lead over labour organisers
The government widened the scope to impose 2 per cent tax on non-resident e-commerce players with a turnover of Rs 2 crore from April 1, 2020
Workers say company's new terms have reduced their earnings after lockdowns to contain the coronavirus.
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules.
China's market regulator on Tuesday tightened scrutiny over the country's booming livestreaming e-commerce platforms
This is not the time that the government is emphasizing fair competition in the e-commerce space
The pandemic has led to a sharp growth in consumer demand for e-grocery, not only in metros but also from tier 2 cities and beyond
January 2021 recorded three large deals worth $680 mn compared to five large deals worth $1.4 bn in January 2019 and 12 large deals worth $6 bn in December 2020
How industry uses 'access to technology' will matter in a democratic system, says Debjani Ghosh
The last quarter of 2020 saw e- commerce order volume growing by 36 per cent in India with Personal care, Beauty and Wellness (PCB&W) segment being the biggest beneficiary, according to a report. In October to December 2020 period, PCB&W and FMCG & Healthcare (F&H) categories' volumes grew by 95 per cent and 46 per cent year-on-year (YOY) respectively, said the Q4- 2020 -E-commerce Trends Report', released by Unicommerce and Kearney. Tier 2 and 3 cities accounted for a 90 per cent YOY incremental volume and value growth, it said. The report, which assesses the e-commerce growth in Q4 2020 with the sector-wise analysis, said brand websites reported a 94 per cent volume growth in fourth quarter of 2020 as compared to same period last year. The last quarter of 2020 saw e-commerce grow by 36 per cent and 30 per cent YOY in terms of order volume and gross merchandise value (GMV) respectively, while theaverage order value declined by five per cent in Q4-2020 as .
Under Bezos's leadership, Amazon identified India as a strategic market as early as 2013
He further stated that "this is going to help us realise that vision of Atmanirbhar Bharat and e-commerce is going to play an important role."
Walmart to build more robot-filled warehouses at stores
Online grocer BigBasket saw huge expansion on the back of lockdown restrictions but it had to first cope with logistics and back-end services to stay on course
E-commerce marketplace Snapdeal said its consolidated revenue from operations has grown marginally to Rs 846.4 crore in FY20
The Walmart-owned firm is geared to handle 900,000 concurrent users and 20,000 orders per minute at peak and expects to cater to over 4 million unique customers
The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices
The report said that not just marketplaces but brand websites also reported huge growth in consumer demand his festive season.