E-commerce Marketplace

Why antitrust body CCI has moved Supreme Court against Amazon, Flipkart

The CCI has moved the Supreme Court to expedite the resolution of 24 court cases pending against Amazon and Flipkart, asserting that they were intended to derail its probe

Meesho generates positive operating cash flow of Rs 232 cr in FY24

Company says it is India's first horizontal e-commerce platform to have free cash flow as adjusted losses reduce by 97% to 53 cr

D2C brands raise funds to boost sales through quick-commerce platforms

With consumers preferring quick deliveries of items from groceries to mobile phones, direct-to-consumer brands find quick-commerce platforms the best option to increase their footprint

E-com retailers may clock Rs 120K cr in GMV during festive sales: Redseer

The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave

E-commerce firms witness huge jump in festive sales from towns, cities

Flipkart recorded 330 mn user visits during Early Access and Day 1 combined, during The Big Billion Days (TBBD) 2024 sale event. Another e-commerce firm Meesho said it achieved 100 per cent increase

Meesho sees 65 mn unique visitors on Day 1 of festive sale; orders double

SoftBank-backed e-commerce platform Meesho on Saturday said it recorded about 6.5 crore unique visitors on its portal on Day 1 of the annual festive season 'Meesho Mega Blockbuster Sale'. Meesho Founder and CEO Vidit Aatrey said the company's app downloads reached around 1.5 crore ahead of the sale and the number of purchase orders has doubled on the first day of the sale on Friday as compared to that of the previous season. "By just 2 PM yesterday, we had already surpassed our previous best of highest orders placed on Day 1 previous year, and by the end of the day, that number had more than doubled. Around 6.5 crore unique customers visited the mobile app on Day 1," Aatrey said on a social media platform. According to a report by research firm Statista, the number of online shoppers was estimated to be about 25 crore across India in 2023 and it is likely to increase to 42.5 crore in 2027. Meesho claimed that the orders on Day 1 doubled compared to last year while it tripled compar

SMBs to launch over 9,500 products in Amazon's month-long festive sale

Ahead of its month-long festive season sale, Amazon India on Wednesday said more than 9,500 new products from small and medium businesses (SMBs) will be showcased on the platform. The Indian SMBs, a part of Amazon's seller programmes, include Karigar, Saheli, Alpino, Phool, Aazol, Taasha Craft, among others. "Our goal is to make the festive season memorable for everyone and empower our sellers, through digital transformation to help them connect with customers across different parts of India. With more than 16 lakh sellers, offering crores of products, our customers can expect great value, extensive selection, and reliable delivery to 100 per cent serviceable pin codes across India," said Amit Nanda, Director, Selling Partner Services, Amazon India. Amazon has introduced a line-up of new features and tools like a sale event planner, AI-based listing experience, and imaging services, among others to help sellers easily list and effectively showcase their products. The 9th edition of

Value proposition is key to the success of e-commerce export hubs scheme

The draft modalities are quite detailed but these will need suitable vetting by the revenue department

China's market regulator says Alibaba completed 3-yr 'rectification' period

In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms

Will world's largest online retailer Amazon ever be Apple of India's eye?

Why can't Jeff Bezos buy any love in India?

Ecom export hubs expected to create up to 2.75 lakh additional jobs: Report

The expansion plan is poised to transform the logistics sector, which is currently experiencing a 12 per cent annual growth rate, said the study

India's e-lifestyle market to triple by 2028, reach $45 billion in value

The penetration of e-commerce within the lifestyle sector is expected to rise from the current 13 per cent to 18-22 per cent by 2028, according to a report

Flipkart announces GOAT sale, offers deals on wide selection of products

Flipkart, India's homegrown e-commerce marketplace, on Thursday announced its first-ever G.O.A.T (Greatest of All Time) sale, slated for July 20-25, with early access starting on July 19, offering attractive deals on a wide array of products such as large home appliances. "With the tagline 'G.O.A.T Bano. Bakra Nahi', the sale will have some of the most reputed brands spanning various large appliances categories such as TVs, washing machines, refrigerators, and others laden with many attractive offers and one-day delivery on all purchases in metros," Flipkart said in a statement. To make the shopping experience more convenient and affordable, Flipkart will provide exciting deals and ease on the exchange of any old large home appliance with enhanced savings on the new product, along with simplified payment options like offers on bank and credit/debit cards, no-cost EMI for up to 18 months, and SuperCoins offers for 'Flipkart Plus' members. Besides large appliances, the sale will have

Expecting 30-40 mn monthly transactions by March 2025: ONDC CEO Koshy

The government-backed Open Network for Digital Commerce (ONDC) is expecting 30 to 40 million monthly transactions through the platform by March 2025, its CEO T Koshy said on Wednesday. The open network witnessed 10 million transactions in June, up from over 7 million in March. "In March (2024) it was 7 million plus transactions. Now in June we had 10 million transactions and I think by the end of the fiscal year it should be 30 to 40 million (monthly) transactions," Koshy said at a CII event here. He further said the ONDC platform has 5-6 lakh merchants onboard with the number expected to rise significantly in the coming months. He was addressing MSME Growth Summit organised by the industry body. ONDC was set up with an aim to democratise the country's e-commerce ecosystem. Addressing the summit, Sameer Gupta, Chairman of CII National MSME Council, emphasized the transformative impact of the industry body's initiatives like Digital Saksham. He highlighted the pivotal role of MSM

Dip in e-commerce festival sales adds more woes to China's economic crunch

Sales in 618 had grown even during the pandemic, according to Syntun, and peaked in 2023 at nearly 800 billion yuan

Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit

With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022

GeM considering a pilot scheme to sell products directly to consumers: CEO

Goods, services worth over Rs 4 trillion procured in FY24

Govt, RBI in talks to ease Fema guidelines for boosting e-commerce exports

Efforts on to ease FEMA norms, says DGFT Sarangi

Flipkart Internet receives Rs 924 cr infusion from its Singapore entities

Flipkart is also currently in discussions to raise up to $1 billion, with parent company Walmart committing to inject $600 million

WTO agrees to extend moratorium on e-commerce tariffs for two years

The WTO talks failed to secure deals on other contentious trade issues including a crackdown on agriculture and fisheries subsidies