Page 8 - E-commerce Market
InMobi Group's e-commerce model to mirror physical 'bazaar' feel
Glance, which currently provides a feed of entertainment, news, sports and video game oncent on mobile phone lock screens, has already garnered over 125 million users
 "InMobi Group's e-commerce model to mirror physical 'bazaar' feel")
Kirana comes full circle
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery
 "Kirana comes full circle")
SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales
The Gurugram-based firm is expecting its GMV to touch around Rs 30,000 crore by 2022 as the coronavirus pandemic has accelerated the shift towards online grocery
 "SoftBank-backed Grofers eyes Rs 10,000 cr GMV by March on heavy GOBD sales")
CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail
Amazon and Flipkart can't directly acquire assets under FDI rules, so they are doing smaller strategic stake deals with offline retailers, hoping to acquire offline assets when rules change
 "CCI okays Flipkart's Rs 1,500 cr stake in Aditya Birla Fashion and Retail")
Online transactions grew 80% in 2020 driven by tier 2, 3 cities: Razorpay
The rise was driven by strong adoption of digital transactions in tier II and III cities, according to a report by fintech firm Razorpay
 "Online transactions grew 80% in 2020 driven by tier 2, 3 cities: Razorpay")
Ecom Express expands to Bangladesh, invests Rs 80.6 cr in Paperfly
Logistics solutions provider Ecom Express on Tuesday said it has invested USD 11 million (about Rs 80.6 crore) in Bangladesh's largest third-party e-commerce logistics (3PL) firm, Paperfly.
 "Ecom Express expands to Bangladesh, invests Rs 80.6 cr in Paperfly")
Warehousing absorption to grow 83% on e-commerce, manufacturing expansion
Third party and e-commerce accounted for 60% of total absorption in 2020, followed by manufacturing at 24%. That year, investments of over $1-bn were made in industrial & warehousing market
 "Warehousing absorption to grow 83% on e-commerce, manufacturing expansion")
Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn
The additional financing exercise takes the overall funding raised by Udaan to date to $ 1.15 billion
 "Udaan raises $280 mn from existing, new investors, valuation crosses $3 bn")
Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report
While IT/ITeS continues to grab the lion's share, leasing activity is being driven by increased demand from sectors such as e-commerce, healthcare and FMCG
 "Office absorption up 52% in Q4 of CY20 on sequential basis: JLL report")
Flipkart Wholesale app logs 75% month-on-month growth in customer base
Flipkart Wholesale app, which currently offers fashion products to retailers in 23 cities, witnessed 75 per cent month-on-month growth in customer base since its launch in September
 "Flipkart Wholesale app logs 75% month-on-month growth in customer base")
Retailer Myntra Designs sees loss widening to Rs 744.4 crore in FY20
Online fashion retailer Myntra Designs saw its loss widening to Rs 744.4 crore for the financial year ended March 2020, according to regulatory documents.
 "Retailer Myntra Designs sees loss widening to Rs 744.4 crore in FY20")
Analysts cheer Colgate's growth plans and focused product innovation
Focus on modern trade and market share gains has led brokerages to hike their target price estimate for the stock
 "Analysts cheer Colgate's growth plans and focused product innovation")
Rising tech adoption among small businesses a big opportunity: Shopify
Shopify is at an inflection point in India, as the market opportunities for online commerce in the country are expected to touch $200 billion by 2028
 "Rising tech adoption among small businesses a big opportunity: Shopify")
The next online tonic: E-majors, corporate giants eye e-pharmacy business
Amazon, Reliance recently announced their foray into e-pharma sector
 "The next online tonic: E-majors, corporate giants eye e-pharmacy business")
Only Bengaluru office market among top cities that may see rents go up
In the APAC region, industrial investment share of commercial transaction volumes increased by 50 per cent in 2020
 "Only Bengaluru office market among top cities that may see rents go up")
Start-ups take on Covid gloom with campaigns around safety and positivity
Some players are also striking an emotional chord by promoting values of togetherness; Brands are also spending more on e-commerce ads as opposed to conventional
 "Start-ups take on Covid gloom with campaigns around safety and positivity")
From Gangtok to Gir, Flipkart and Amazon festive sales traverse India
The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
 "From Gangtok to Gir, Flipkart and Amazon festive sales traverse India")
Online sale of durables nearly doubles this season, grabs offline share
With consumers staying indoors, e-commerce firms have extended their reach to a larger number of pin codes
 "Online sale of durables nearly doubles this season, grabs offline share")
We believe e-commerce can touch $100 bn: Flipkart CEO Kalyan Krishnamurthy
Being an industry leader, the role that Flipkart plays is to expand the market, says Krishnamurthy
 "We believe e-commerce can touch $100 bn: Flipkart CEO Kalyan Krishnamurthy")
FMCGs, retailers continue to forge direct consumer link as lockdown eases
Retailers continue to innovate on last-mile delivery; FMCGs focus on digital channel
 "FMCGs, retailers continue to forge direct consumer link as lockdown eases")
