In The News Archive
Myntra aims for 5x sales growth during Big Billion Days
Fashion etailer, Myntra managed profitability for its private label business not so long ago. During its EORS sale in June 2017, it recorded 56% sales growth. The ecommerce company...
Amazon, Flipkart announce festive bonanza offers; pre-GST sales would contribute to low GMV growth?
Amazon India is all set to bring the American online shopping experience to India with its Great Indian Sale this festive season. Slated to start from 20th September –...
Snapdeal to host 3-4 festive sales by September end; what should etailer focus on?
The start of September marked just the beginning of Snapdeal’s festive season sales efforts. The etailer is adamant to regain its lost ecommerce popularity. After quitting the merger deal...
Amazon vs Flipkart smartphone war to intensify this festive season
The gloves are off for the upcoming festive season as biggies Amazon and Flipkart get ready to fight each other. The battle for smartphones market share is going to...
Amazon India expands delivery network for festive season
With the onset of festive season, Amazon India on Tuesday announced expansion of its own delivery network in various parts of India, including Leh-Ladakh, Lakshadweep as well as East...
Ecommerce firms speed-up customer grievance redressal; Can sellers expect the same?
Between March 2016 and November 2017, the number of customer complaints against ecommerce firms was around 28,000. In February, Flipkart and Snapdeal were the most complained against etailers in...
C2C market powered by ecommerce firms boost business growth of SMEs
One of the many positives of the evolution of the Indian ecommerce industry is the opportunities presented to small and medium enterprises (SMEs). Ecommerce companies, be it big players...
Flipkart introduces ‘anti-theft’ packaging
E-commerce major Flipkart on Tuesday said it has developed India’s first “anti-theft” packaging to secure goods from in-transit theft and tampering. “Designed specifically for high-net products like mobiles, tablets,...
Paytm Mall looking to acquire a piece of BigBasket for $200 mn
Industry watchers are of the opinion that online grocery will be bigger than current categories – electronics and fashion. Looks like Paytm Mall believes the same. Not so long...
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...
September marks beginning of festive sales; Flipkart, Amazon, Paytm, Snapdeal to offer enticing deals
Indian ecommerce players are all set to woo buyers with exciting festive deals, schemes and discounts. Each year Flipkart, Amazon, Snapdeal, Paytm and others map out plans for the...
Around the Ecommerce world in 5 mins!
Ecommerce is changing everyday, and sometimes by the minute. So many new ideas and developments everyday, becomes hard to keep track. We bring to you a curated digest of ecommerce developments/happenings around...
Vulcan Express rich by Rs. 152 Crore, courtesy of Snapdeal
Snapdeal recently poured $23.7 million (Rs. 152 crore) into it logistics arm Vulcan Express. Filings with the Registrar of Companies disclosed that the home-grown etailer invested this money in...
Constant discounts, festive sales spur digital transaction rise; could this end COD?
The ‘cash on delivery’ payment option powered Indian ecommerce in the start. Now, ecommerce retailers and sellers see it as an obstacle that is slowing down ecommerce growth in...
Amazon launches its largest fulfilment centre in Hyderabad
Ecommerce giant Amazon today announced the opening its largest fulfilment centre in the country here. Located at the Rajiv Gandhi International Airport, the centre covers over 400,000 sq ft...