Page 2 - E-commerce Market
Amazon announces 'Great India Festivals' sale to begin on September 23
As India is set to enter its festive season, Amazon.in, country's leading e-commerce platform is set to launch its annual festive sale.
 "Amazon announces 'Great India Festivals' sale to begin on September 23")
eB2B share of $1.2 trn B2B general trade mkt to be $100 bn by 2030: Redseer
Among eB2B players, Udaan is emerging as the clear leader, followed by Reliance's JioMart
 "eB2B share of $1.2 trn B2B general trade mkt to be $100 bn by 2030: Redseer")
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")
Bata India expands footprint but performs below expectations in Q1
Footwear manufacturer trails peers on 3-year growth parameter
 "Bata India expands footprint but performs below expectations in Q1")
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")
Blue Dart revs up for growth with more planes, greater geographical reach
The company plans to add Boeing 737 aircraft to its fleet in order to access to multiple smaller Indian airports
 "Blue Dart revs up for growth with more planes, greater geographical reach")
Women kirana partners lead deliveries for Flipkart in India's remote areas
The programme enables the kirana partners to make limited time-based deliveries contingent on their comfort and availability and has enabled large-scale participation from women
 "Women kirana partners lead deliveries for Flipkart in India's remote areas")
E-comm retail logistics market projected at $6.3 bn by FY26: Report
The growth will be primarily driven by the e-commerce retail market - expected to reach approximately $145 billion by FY26, with about 15 million daily shipments.
 "E-comm retail logistics market projected at $6.3 bn by FY26: Report")
Panel urges plan to help local vendors build ONDC-compatible technical tool
Says no clarity on ONDC network's liability in case a consumer is delivered substandard products; local businesses will also find it hard to compete with e-commerce giants
 "Panel urges plan to help local vendors build ONDC-compatible technical tool")
Simple-to-use tech platform helps Meesho penetrate India's hinterlands
Meesho said sellers & buyers from tier 2-3 cities and rural India are finding value in the platform's ease of operations and technologies customised as per their unique needs
 "Simple-to-use tech platform helps Meesho penetrate India's hinterlands")
Amazon letter accuses Future group of fraud, seeks forensic audit
E-commerce giant writes letter to retail chain's independent directors, seeks independent probe of dealings with RIL
 "Amazon letter accuses Future group of fraud, seeks forensic audit")
Startups should think of credit solution for small businesses: Vaishnaw
Vaishnaw urged consumer tech companies to leverage Open Network for Digital Commerce (ONDC), India's alternative in its e-commerce market
 "Startups should think of credit solution for small businesses: Vaishnaw")
Rajasthan front-ranker in delivering online services: NeSDA report
Rajasthan ranks first in state/UT service portals in Group B across all sectors (55 services provided online)
 "Rajasthan front-ranker in delivering online services: NeSDA report")
AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab
The company will deploy the capital in strengthening its technology, e-commerce operations & expanding its farm automation footprint to over 100,000 acres of farms by the end of FY23
 "AquaExchange raises $3 mn from Endiya Partners, Accion Venture Lab")
HC quashes order on taxing Flipkart payment to Walmart for deputed staff
Court says assessing officer's stand on employer-employee relationship based on a wrong premise
 "HC quashes order on taxing Flipkart payment to Walmart for deputed staff")
Udaan lays off about 180 employees in a move to drive cost-efficiency
The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months
Piyush Goyal asks for ONDC pilot focused on non-digital traders, artisans
ONDC promotes open networks for exchange of goods and services over digital or electronic networks.
Amazon Retail India enters Gujarat, to source directly from farmers
The e-commerce major said the aim is to empower the farmers of Gujarat and offer high-quality fruits and vegetables to its customers
 "Amazon Retail India enters Gujarat, to source directly from farmers")
Myntra sells record-breaking 5 million products on day 1 of EORS-16
Myntra, one of India's leading fashion, beauty and lifestyle destinations, on Monday said that the 16th edition of its flagship EORS-16 witnessed over 70% growth in traffic over business as usual
 "Myntra sells record-breaking 5 million products on day 1 of EORS-16")
WTO MC12: India to oppose zero Customs duties on electronic transmissions
In 1998, WTO members agreed not to impose customs duties on electronic transmissions and the moratorium has been periodically extended at successive ministerial conferences
 "WTO MC12: India to oppose zero Customs duties on electronic transmissions")
