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Koovs sales jump 65% but demonetisation losses may delay its break even date

By 31 March 2017, Koovs saw a sales spike of 87%. This earned the online fashion etailer £18.6 million and pushed it closer to profitability. It appears that the...

Tolexo struck hard by demonetisation, a windup its next step?

Demonetisation continues to wreak havoc. Online business-to-business platform Tolexo, is one of its badly stricken victims. The online business etailer specialises in the sale of business goods and supplies....

Demonetisation-spurred losses forces Amazon to cut back on sellers

Demonetisation struck everyone by surprise. Online sellers took a hard hit as most Indian online shoppers prefer the cash mode of payment. With insufficient cash to shop online, orders were...

Demonetisation continues to bring down ecommerce projections; Forrester the latest to slash predictions

With the impact of demonetisation, the Indian ecommerce industry witnessed a substantial drop in sales. This put a major speed bump in the road to progressive growth for the...

The impact of demonetisation on the average Indian online seller

The demonetisation calamity has struck many in the online retail segment. This is an industry that thrives on cash on delivery orders. So, the ban on Rs.500 and Rs.1000 notes...

Snapdeal waives Seller charges on COD orders returned after demonetisation

Demonetisation has affected many in the online retail industry. The ban on old Rs.500 and Rs.1000 notes brought COD orders to a grinding halt with marketplaces suspending this payment...