Page 8 - Ecommerce

E-commerce enablement platform GoKwik raises $35 mn for expansion

E-commerce enablement platform GoKwik said it has raised $35 million led by Think Investments and RTP Global, and will use the funds to work on tech solutions for large marketplaces

42% users say e-commerce sites display country of origin: LocalCircle study

It has been almost two years since govt asked online platforms to ensure compliance to display this information

Zepto raises $200 mn to expand its 10-minute grocery delivery across India

The firm, which was launched 9 months back by two 19-year-old Stanford dropouts, has raised $200 million Series D fundraise, valuing the quick commerce company at around $900 million

udaan, JioMart may disrupt $100 bn B2B e-commerce mkt in decade: Jefferies

udaan has already garnered over 50 per cent market share while Reliance is at around a quarter share, says the report by top investment bank Jefferies.

Decoded: How ONDC plans to level e-commerce playing field in India

The open network concept will not be restricted to the retail sector but will extend to mobility, food delivery, travel, among others

Preferential treatment case: CCI raids sellers of Amazon, Flipkart

India's antitrust body launched raids on the two top domestic sellers of Amazon over accusations of having violated competition laws

100 cities in six months: Govt's ambitious ONDC pilots today

UPI equivalent for e-commerce will help create a robust playbook

BigBasket eyes 30% rise in GMV to Rs 13,000 crore this fiscal

BigBasket co-founder and CEO Hari Menon said that the company will significantly scale up offline stores from 90 to 695 in a year to reach out to 100 per cent of its customer base.

The talent crunch: Why fresh graduates are fleeing the hospitality sector

As occupancy peaks, hospitality firms find themselves competing with retail, e-commerce, real estate and IT for employees

Mobile retailers' body to seek govt intervention on e-commerce onslaught

A leading mobile retailers' body has claimed that unethical and monopolistic business practices of online sales platforms are jeopardising' the future of 150,000 brick and mortar smartphone retailers

Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz

The firm now aims for a US listing in 2023 instead of this year, say sources. This would be the biggest consumer tech IPO in India

Meesho to integrate grocery biz in core app, scale to 12 states this year

The company expects to complete the integration of the grocery business by the first week of May and will rebrand it from Farmiso to Meesho Superstore.

udaan takes on Amazon, Flipkart, JioMart to win Indian e-grocery market

Grocery needs supply chain of fulfillment centres or hubs in an area or region, and several small branches serviced from those centres; it is this challenge udaan is meeting

E-commerce portal Shopee shuts shop in India, CAIT welcomes move

Shopee will cease operations in India from Tuesday and aims to process all orders placed before that

With record GMV of $13.4 bn, GeM catching up with Amazon and Flipkart

Crosses annual procurement of Rs 1 trillion in FY22

Meesho launches integrated e-commerce app for buyers and sellers on Android

Sellers, in particular, can expect a superior e-commerce experience with access to multiple features on the app, which were earlier present only on the web versions

ONDC to help small retailers with modern ways of delivery: Goyal

The Open Network for Digital Commerce (ONDC) will ensure that small retailers get an equal opportunity to engage with big firms, Commerce and Industry Minister Piyush Goyal said on Saturday.

Online shopping platforms witnessing blockbuster Holi festival sales

Meesho clocked 1.4 crore orders during Holi sale and surpassed peak Diwali demand in 2021. Holi essentials category witnessed 60 per cent traction from Tier 3+ cities, on Flipkart' Shosy

Foodie couple and an online biz delivering sweets, snacks fresh to the door

Mirchi.com serves 20,000 pin codes with a delivery model that promises to bring the delicacies to your door absolutely fresh from across mainland India within 1-3 days

Zomato, online grocery company Blinkit in talks for a merger deal

Sources say what is under discussion is a share-swap deal in which Blinkit would be valued at around $750-800 million