E-commerce: News
Amazon is targeting $20bn in exports from India by 2025
Amazon is working toward a goal of $20 billion (Rs. 1.66 lakh crore) in merchandise exports from India by 2025, as stated by Bhupen Wakankar, Director of Global Trade division at Amazon.
Procurement from Government e-Marketplace crosses Rs. 2L crore this year
India's Government e-Marketplace (GeM) portal has reached a notable milestone, as the procurement of goods and services surpassed Rs. 2 lakh crore in the current fiscal year.
RIL-owned AJIO launches a D2C e-commerce platform called AJIOGRAM
On November 2, AJIO, the e-commerce platform of Reliance Retail, unveiled AJIOGRAM, a direct-to-consumer (D2C) centric e-commerce platform.
1.5mn iPhones sold in first week of India's festive sales
According to a Counterpoint Research report, during the first week of festive season sales from October 8 to 15, Apple sold more than 1.5 million iPhones in India on e-commerce platforms Amazon and Flipkart, marking the first time they achieved this milestone.
ONDC to soon offer Urban Company-like professional services
The Open Network for Digital Commerce (ONDC), a government-backed e-commerce initiative, is looking to expand its services by adding skill-based offerings like appliance repair and teaching assistance.
JioMart shoppers can avail up to 70% off through WhatsApp
As part of Meta and JioMart's one-year-long partnership anniversary celebration, JioMart has announced huge offers, where the e-commerce company will offer massive discounts of up to 70% on a wide range of products.
ONDC revises incentive scheme: Here's what has changed
Indian government-backed Open Network for Digital Commerce (ONDC) has introduced a revamped incentive scheme aimed at empowering buyer-side applications with more flexibility while extending support to smaller cities.
Meesho could launch IPO in 12-18 months
Bengaluru-based e-commerce start-up Meesho is considering an initial public offering (IPO) within the next 12 to 18 months.
ONDC to enter financial services; releases draft specifications
ONDC, or Open Network Digital Commerce, is aimed at transforming India's e-commerce. The government-backed network has already shown glimpses of what it can do in food and grocery delivery, ride-hailing, and more.
Pepperfry co-founder Ambareesh Murty passes away at 51
Pepperfry co-founder Ambareesh Murty (51) tragically passed away from a cardiac arrest in Leh, shocking the business community.
How Google's accelerator program can improve ONDC
India's government-backed Open Network for Digital Commerce (ONDC) has been growing in popularity. The open e-commerce network has attracted the interest of various companies.
Meesho becomes fastest shopping app to cross 500 million downloads
Indian e-commerce start-up Meesho has achieved a significant milestone in downloads. The shopping app now has over 500 million combined downloads across Google Play and iOS App Store.
E-commerce platform Shopify fires 20% of employees, sells logistics business
Canadian e-commerce platform Shopify has announced it is laying off 20% of its workforce. This is the second time company has decided to fire staffers in 10 months.
Walmart-backed PhonePe launches Pincode app in e-commerce push
PhonePe, India's leading UPI payment app, is making an e-commerce push. The Walmart-backed company has launched a hyperlocal, consumer-facing app dubbed Pincode.
Karnataka: Customer fails to pay for iPhone, kills delivery agent
A 20-year-old man reportedly murdered a delivery agent in Karnataka's Hassan district as he was unable to pay for the iPhone he had ordered.
Amazon now takes a whopping 50% cut of seller's revenue
Amazon's sprawling online marketplace is a favorite of buyers due to the variety of products it offers and the discounts it provides. There are millions of sellers on the e-commerce site.
GAC portal to address social media grievances from March 1
The portal for Grievance Appellate Committees (GAC) aimed at looking into complaints against online platforms is likely to be activated by March 1.
You can now order printouts from Blinkit: Here's how
Blinkit, the Zomato-owned grocery delivery app, has launched a new service to make it stand out in the crowded quick commerce segment - delivery of printouts.
Digital minimalism 101: Get a focused life with digital declutter
Dealing with overflowing inboxes, e-commerce, social media, and news notifications, your smartphone can make you feel as though your time spent online isn't in your hands.
How this woman entrepreneur helps small retailers run online stores
Helping tie various elements of a growing e-commerce business together, Mason is a no-code Software as a Service (SaaS) platform that businesses need to ensure the customer-facing storefront always stays shipshape.
How to create efficient supply chain management systems
E-commerce platforms are experiencing immense growth and this has led to the boom in supply chain management (SCM). Therefore, SCM Analytics is essential. It helps to analyze available data and gather metrics that can determine how systems can become more efficient.
Here's how Mighty is empowering children through e-commerce and entrepreneurship
Just when you thought that e-commerce is at its pinnacle, a Los Angeles-based start-up called Mighty is here to take it up a notch.
Instagram launches new 'Shop' tab section exclusively for product drops
In yet another move markedly reducing dependency on advertising revenue, Instagram has announced that it will add a new section called "Drops" under the Shop tab on the app.
Google expands partnership with Shopify to enhance shopping experience
Google announced on day one of the Google I/O 2021 conference for developers that it has expanded its partnership with e-commerce platform Shopify, and that it will offer an enhanced shopping experience for Photos and Chrome users.
Where should social commerce sit on the path to purchase?
Social commerce might be the flavor of the month, but it's an industry cooking on gas without any real recipe.
Entrepreneur Luke Bielby found his niche in e-commerce
Luke Bielby is an entrepreneur and CEO of an e-commerce site, Ecom Unlocked. He started his professional career as a sales representative for a furniture company. Realizing that he was not reaching his full potential, Luke started down the marketing path.
PayPal will shut down domestic payments business in India
PayPal will be shutting down its domestic payment services from April 1. The move will not affect international transactions, as small and large Indian businesses can continue to receive/send money from/to their international contacts.
Khushwant Singh all set to take Indian brands international
Khushwant Singh made eight figures in three months and is all set to launch Indian made online brands in the international market. His e-commerce store for Indians has helped entrepreneurs earn through the internet.
Flipkart 'Launchpad' offers students a chance to earn Rs. 22,500
Ahead of the Big Billion Days festive sale, e-commerce giant Flipkart has announced the 'Launchpad' internship program for students in India.
Now, Google plans to make YouTube a shopping hub
With a user base of more than two billion, YouTube dominates as one of the biggest video streaming services in the world.
Annakoot: FMCG & Sattvik restaurants with a touch of finesse
A new retail chain called 'Annakoot - God's own cuisine' has announced its arrival in the Indian food and FMCG market.
Amazon accused of unfair business practices in India: Details here
Amazon's antitrust troubles are not just limited to the United States or the European Union.
Flipkart partners with Nepal's Sastodeal, opening new market for MSMEs
In a bid to enable cross-border trade for small Indian businesses and sellers, e-commerce giant Flipkart has partnered with Sastodeal, a leading online shopping platform in Nepal.
Flipkart is gearing up to deliver alcohol in India
After groceries, essentials, and travel bookings, e-commerce major Flipkart is looking to expand into the alcohol delivery category, Reuters has reported.
Flipkart buys Walmart India, foraying into online wholesale
In a major move, homegrown e-commerce giant Flipkart has acquired Walmart India.
Government wants shopping sites to display 'origin country' of products
Amid calls to boycott the foreign goods, especially those from China, to make way for Atmanirbhar Bharat, the Government of India is looking to have 'origin country' of products displayed across online shopping portals.
Now, Walmart is bringing an Amazon Prime-like membership service
More than 15 years after the launch of Amazon's Prime subscription service, its competitor Walmart is set to bring its own membership - Walmart+.
Verishop = Pinterest + Instagram + TikTok
The idea of online shopping has long revolved around visiting e-commerce websites, searching for products, or exploring categories.
South Korea's coronavirus cases surge raising fears of second wave
The number of daily coronavirus infections rose for the third consecutive day in South Korea raising fears of a second wave of the outbreak.
'Facebook Shops' to take on Amazon in e-commerce: Here's how
After launching several scattered features aimed at buying and selling products, Facebook is making a full-fledged move in the social e-commerce arena to take on players like Amazon.