Year: 2022
Onboarding Flipkart, Amazon may provide ONDC scale and credibility: report
Onboarding some of the larger incumbents early might actually provide ONDC the much-needed scale as well as credibility with buyers and sellers, it said. The best-case scenario for ONDC – the government’s ecommerce initiative – would be to work along with incumbents Amazon and Flipkart, JM Financials has said in a report. This, despite Open …
Onboarding Flipkart, Amazon may provide ONDC scale and credibility: reportRead More
Amazon is struggling in India unlike Reliance, Meesho says wealth management firm Bernstein
Amazon marked a spectacular entry into India in 2013 and not just because Jeff Bezos sat atop a colourful truck or it invested $7 billion into the market. India is one of the biggest emerging ecommerce markets globally, estimated to reach $130 billion by 2025. Almost ten years later, its success is being questioned by a wealth management …
Amazon is struggling in India unlike Reliance, Meesho says wealth management firm BernsteinRead More
When Wedding Planning Is More Like Online Shopping
After users complete an online questionnaire that asks for their desired location and guest count, the website presents a selection of venues and booking packages. At a minimum, packages typically include an officiant, a photographer for one hour and the ability to invite up to 20 guests. For an additional cost, couples can invite more …
Profitability remains elusive for Amazon in India, despite $6.5-billion investment: Bernstein
Brokerage firm expects the e-commerce market in India to grow at an annual rate of 30 percent to cross $130 billion by 2025 Even after making investments of $6.5 billion in India through the last eight years, profitability remains elusive for the e-commerce major in the country with negative EBITDA margins of 5-10 percent, according …
Udaan, Jiomart Led India’s B2B E-Com Market To Reach $100 Bn By 2030
Bengaluru, Aug 31 (IANS) 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 on Wednesday. It is further projected that the B2B general trade opportunity in India will reach $1.2 trillion by 2030, with eB2B coming up as a …
Udaan, Jiomart Led India’s B2B E-Com Market To Reach $100 Bn By 2030Read More
Govt notices to 63 firms selling kitchen scales and weighing machines to check compliance of law
Govt notices to 63 firms selling kitchen scales and weighing machines to check compliance of lawNew Delhi: The government has issued notices to 63 manufacturers, importers and sellers of personal weighing and measuring instruments like kitchen scales on e-commerce platforms, asking whether they have complied with all regulatory norms. The development comes in the backdrop …
Live News Updates | Reliance commits Rs 2 lakh crore investment for 5G rollout, says Mukesh Ambani in AGM
RIL 45th AGM on retail biz: Isha Ambani of Reliance Retail says Jio Mart and WhatsApp partnership will aid growth. JioMart-Whatsapp users can use Whatsapp pay, cash on delivery and other payment methods. Reliance Industries Chairman Mukesh Ambani announced that the company will commit Rs 2 lakh crore investment for 5G rollout. In his keynote address during …
Consumer complaints related to e-commerce hike manifold times in the last 5 years; THIS popular state tops the list
Nearly 50 % of complaints related to e-commerce sector came from only five states — Uttar Pradesh, Maharashtra, Delhi, Rajasthan and Bihar, with UP has the highest proportion. New Delhi: Consumer complaints related to the e-commerce sector have recorded a spike in the last few years. The total number of complaints witnessed a significant rise of …
UP tops list as e-commerce complaints record 300% spike in last 5 years
Consumer complaints related to the e-commerce sector have recorded a spike in the last few years. The total number of complaints witnessed a significant rise of over 300% in the previous five years. As per the latest data issued by the Department of Consumer Affairs, the total number of complaints received on the National Consumer …
UP tops list as e-commerce complaints record 300% spike in last 5 yearsRead More
New foreign trade policy likely next month; focus on e-commerce exports, hubs
The government is likely to release next month the new foreign trade policy with a focus on boosting ecommerce exports and developing districts as export hubs. The commerce department is working on the policy that may detail ways to reduce the compliance burden on small exporters and fund MSMEs to increase exports. It may also seek to …
New foreign trade policy likely next month; focus on e-commerce exports, hubsRead More
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