e-commerce company
E-Commerce
E-commerce firms should respect law of land: Goyal
PTI -
Addressing an event in Mumbai, Goyal said the country's foreign direct investment (FDI) norms are clear for the e-commerce retail and these companies should stick to the rule of the lawNew Delhi: Commerce and Industry Piyush Goyal On Tuesday...
Fashion & Lifestyle
Meesho narrows adjusted losses to Rs 53 cr in FY’24
PTI -
Meesho's revenue from operations grew by 33% to Rs 7,615 crore in FY'24, from Rs 5,735 crore in FY'23.New Delhi: Softbank-backed Meesho on Wednesday said it has narrowed adjusted losses to Rs 53 crore in the financial year ended...
E-Commerce
Flipkart India’s revenue jumps 26% to Rs 70,844 cr in FY24
The robust growth comes even as the Bengaluru e-commerce company’s net losses rose 13% to Rs 4,194 crore, the Tofler data accessed through the Registrar of Companies (RoC) showed.
New Delhi: India’s top e-commerce company Flipkart India Pvt. Ltd saw...
E-Commerce
57% of Indian e-commerce and q-commerce shoppers struggle to find ‘best before date’ on most platforms: Survey
A comparison with the 2023 results shows that the percentage of consumers who cannot find the displayed best before date has increased from 50% to 57%, reflecting a decline in complianceBengaluru: As many as 57% of Indian e-commerce and...
E-Commerce
E-comm deep discounting creating grey mkt, leading to loss to national exchequer: CAIT, AIMRA
PTI -
Confederation of All India Traders (CAIT), in collaboration with the All India Mobile Retailers' Association (AIMRA), placed the demands in a white paper on the impact of e-commerce giants Amazon and Flipkart on India's retail ecosystemNew Delhi: The Competition...
E-Commerce
71% Indians indicate a sentiment to shop online this festive season: Report
The report indicates that nearly 50% of respondents planning to shop online would spend more on festive shopping this year compared to last yearBengaluru: As many as 71% of Indian consumers indicate a sentiment to shop online this festive...
Retail
Will protect aspirations of 100 million small retailers, mom-and-pop stores: Goyal
PTI -
The minister had last month stated that e-commerce companies are eating into the small retailers' high-value, high-margin products that are the only items through which the mom-and-pop stores surviveNew Delhi: Commerce Minister Piyush Goyal on Wednesday said that the...
E-Commerce
E-tailers breaching FDI norms, consumers should think who benefits from their purchases: Goyal
PTI -
The minister said the deep pockets of companies like Amazon help the small traders and retailers indulge in predatory pricing and also deploy algorithms to influence consumer choice and preferencesMumbai: Continuing to voice concerns over e-commerce players like Amazon,...
E-Commerce
Amazon India top boss Manish Tiwary quits
Tiwary has resigned the e-commerce major after eight years to pursue other opportunitiesMumbai: Country head of leading e-commerce marketplace Amazon India, Manish Tiwary, has quit the company and will be moving on as reported by a leading media. Tiwary...
E-Commerce
ShopClues aims $100 million in e-commerce exports by year end; eyes US, European markets: MD Anuraag Gambhir
The Gurgaon-based company is also planning to introduce international brands to India from Southeast Asian countries Bengaluru: ShopClues, the Indian e-commerce platform owned by Singapore-based Qoo10, has entered the next phase of its rebranding as a cross-border e-commerce platform, now...
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Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk
More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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