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Social commerce set to scale, but concern of authenticity looms large: Industry

The coming together of e-commerce and social media to create a new business channel, social commerce is increasingly gaining traction in the retail spaceNew Delhi: Social commerce is poised for dynamic growth, with some estimating a 10-fold rise by 2030,...

Amazon sells its largest seller Appario to remain complaint

As per India’s FDI in e-commerce norms, marketplaces are forbidden from following an inventory modelE-commerce major Amazon India is set to sell its stake in Appario, the largest seller on its platform, to Vinod Poddar group promoted Clicktech, which...

ETP Group launches two retail products, eyes ~60% topline growth per year

Unlike its established product  ETP V5, with Ordazzle and ETP Unify, the company aims to target mid-sized businesses from the retail ecosystem Mumbai: Singapore-based leading retail software company ETP Group launched two cutting-edge cloud-based platforms—Ordazzle and ETP Unify—in India on Wednesday....

Amazon India revises seller fee structures

Amazon said it will apply 18% GST (goods and services tax) to all the fee types listedNew Delhi: E-commerce major Amazon on Saturday said it is revising its seller fees on account of inflation and interest rates, as well...

Starbucks enters Gwalior 

The new Starbucks outlet is located at DB Mall, Gwalior, Madhya Pradesh Bengaluru: US-based coffee chain Starbucks has launched its first store in the city of Gwalior, a company official wrote on social media on Saturday. Located at DB Mall in...

SSBeauty unveils largest beauty store in India

Located on the first floor of Quest Mall, Kolkata, the massive outlet is spread across 9,000 sq. ft. of retail spaceBengaluru:  Department store chain Shoppers Stop’s beauty retail arm SSBeauty has launched the largest beauty store in India, the...

Flipkart valuation declines by over Rs 41,000 crore in two years

The valuation of the e-commerce firm declined to $35 billion as of January 31, 2024, from $40 billion in the financial year ended on January 31, 2022New Delhi: E-commerce firm Flipkart's valuation has declined by $5 billion or around...

Unicorns to add $1trillion to economy by 2030, generate 50 million jobs

The CII report introduces an ambitious 'Unicorn 2.0' scenario, envisioning the startup ecosystem's potential to add $1 trillion to India’s estimated $7 trillion economy by FY30New Delhi: New unicorns are likely to add $1 trillion to the Indian economy,...

DGFT inks pact with DHL to train MSMEs on e-commerce exports

The company will conduct training sessions and workshops for MSMEs in 76 districts of the countryNew Delhi: To promote e-commerce exports, the commerce ministry's arm DGFT in partnership with logistics services provider DHL will conduct training sessions and workshops...

How to scale your brand from local to global

From understanding the market to crisis management, there are several factors that brands aspiring to transcend national borders must consider before taking the leapFor any company, scaling up from a local player to a global level is a big...
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Bata India aims expansion, to prioritise top 6 brands

The company's retail network now spans over 1,850 stores, including over 500 franchise stores, and 650 plus sneaker studios.New...
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