E-commerce policy expected to be finalised by end of June
If the listing does happen, the scale could be comparable to what the LIC public issue will be in the insurance sector
USTR Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK
E-commerce firm backed by Google says it handled more than 20,000 orders to hospitals between March and May.
States such as Maharashtra and Delhi, which reported most cases, have taken the lead in terms of the demand from customers ordering essentials and groceries online
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 .
Two recent steps, both by the original posterboy of e-commerce, Flipkart, make it clear that we've come full circle on grocery
Small retailers are chary about integrating digitally with larger players on grounds that it will give them access to their customer bases
Traders' body CAIT wrote to Prime Minister Narendra Modi seeking "strong action" against e-commerce firms for alleged violation of FDI policy by them
For e-commerce firm Snapdeal, nearly 30 per cent of the total orders on the first day of its festive sale were from first-time users
This is a major jump from last year's survey when only 27% of consumers planning festive spending had indicated using e-commerce sites as their primary channel for shopping.
The Confederation of All India Traders (CAIT) which represents 70 million traders termed the appeal in the Supreme Court against Amazon and Flipkart as 'logical'
Flipkart is expecting to host the biggest flagship sale event 'Big Billion Days' this month
McMillon said that he is pleased with how the teams at Flipkart managed the Covid-19 environment in a really effective way
CRISIL Research expects their revenue to decline 30-35 per cent in FY 2021
The event, which concluded on August 10, saw participation from sellers primarily from tier-2 cities that have now become local businesses with strong growth pipelines
While there's been no dinner on the house in the run up to the D-Day, the typical war room or the command centre has silently moved to the laptop and mobile screens of the executives coordinating the
A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian issued notice to the Centre and sought its response
Online penetration of retail is expected to reach 10.7 per cent by 2024, versus 4.7 per cent in 2019
India said the ongoing multilateral consultations under the aegis of the G-20-OECD due in this regard have not arrived at any consensus even after many years of discussions