Page 2 - Ecommerce

Carrefour looking to export from India in next five years: Lasfargues & Ved

In an exclusive interview Patrick Lasfargues, international partnership executive director, Carrefour and Nilesh Ved, owner of Apparel Group spoke about French retail major's plans for the Indian mkt

Over 1 in 4 Indians likely to visit Flipkart during festive sale event BBD

Analysts believe market share gains by Reliance Jio and Bharti Airtel will continue

Revved up! Nykaa scales its same, next-day deliveries to 110 cities

Nykaa has expanded its supply chain network to 44 warehouses across India by FY24, up from 18 in FY21

Ecommerce festive sales to reach $12 billion, quick commerce gains ground

Quick commerce, the burgeoning segment that promises rapid deliveries, is set to contribute $1 billion in gross merchandise value (GMV) to the festive sales

IPO-bound Ecom Express used incorrect numbers in DRHP, says Delhivery

These are related to metrics such as shipment volumes, Service EBITDA and cost per shipment

FinMin extends exports incentive schemes to exports through courier

The e-commerce business in India has seen exponential growth over the last decade and is expected to witness a steep increase in revenues in the coming years

Tata Digital's FY24 losses narrow to Rs 1,200 crore, revenue doubles

The company also reported its gross merchandise value (GMV) at Rs 37,355 crore. There are 20.76 million transacting customers this year

Flipkart launches 11 fulfilment centres, expects to create over 100k jobs

This comes at a time when e-commerce and quick commerce companies are expanding their supply chain infrastructure ahead of the festival season

Swiggy ropes in former Flipkart executive Amitesh Jha as Instamart CEO

Reshuffle of the top deck comes ahead of food delivery major's IPO

Festive season to boost gig rider demand by 40% on quick commerce platforms

The quick and ecommerce sector is expected to expand its workforce by hiring an additional one to two million gig riders throughout the upcoming festive season

Rapid growth of e-comm matter of concern, not source of pride: Piyush Goyal

Union Commerce Minister Piyush Goyal raised concerns over the rapid growth of e-commerce in India, questions predatory pricing strategies employed by online retail giants

E-commerce adoption surges in Bharat; tier 4+ users lead as repeat shoppers

With about 80 per cent of its 15 crore annual transacting customers coming from tier 2, 3 and 4 and beyond towns, Meesho has been instrumental in bringing new-to-e-commerce users online

With open arms: How far can ONDC democratise ecommerce in India?

ONDC promotes open networks for exchange of goods and services digitally, its platform-agnostic architecture allows buyers and sellers to transact irrespective of the platform they use

Talking puppy tells tall tales

Why quick commerce, having failed elsewhere in the world, is scripting a success story in India

Myntra expands into gifting category with over 70k options across sections

The Walmart-owned firm has also expanded into fresh categories, offering 3000 products across cakes, flowers, live plants and gourmet gift hampers

E-commerce as a major building block for Viksit Bharat@2047

The biggest support these enterprises need is in their marketing, access to domestic and international markets, and handholding, wherein e-commerce steps in a big way

Empowering consumers

The proposed food regulation will help them

India and US extend 2% digital tax pact on e-commerce till June 30

In October 2021, India and the US came to terms to settle differences with respect to the equalisation levy, commonly known as the digital tax

Flipkart sellers facing issue in changing price, firms denies intervention

Some sellers on Flipkart have complained about issues facing problems in changing the price of their products since May 18 after the e-commerce company introduced a new commission rate card. The Walmart group firm, however, denied any role in influencing pricing on the platform and said that it is working with sellers to help them understand the new rate card policy. "Around hundreds of our members are facing issues in changing their product price. In India, no one can sell above maximum retail price (MRP) and sellers can decide on charging belowP. Sellers have complained that they are unable to change the price after Flipkart issued the new rate card on May 18. Not all are facing this issue. Only select sellers are facing this problem," Vinod Kumar, Trustee, Forum for Internet Sellers, Traders and Resellers ( First India) said. He said that Flipkart has reached out to sellers with a promise that the issue will be resolved soon. The FDI norms bar any e-commerce player from interfer

DGFT, Revenue dept working on dedicated hubs to boost e-commerce exports

In a bid to boost India's e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments. The country's e-commerce exports currently stand at USD 2 billion as compared to China's staggering USD 350 billion, according to industry sources. The government aims at bridging the gap by establishing a supportive e-commerce ecosystem, they said. "A lot of streamlining is required in this regard. We are working with the Department of Revenue to have designated e-commerce hubs so that clearance of goods happens fast," Director General of Foreign Trade Santosh Kumar Sarangi told PTI. He said these hubs will have facilities like dedicated customs and security checks, allowing cleared parcels to proceed through a green channel at airports, eliminating the need for further inspections. This approach mirrors best practices observed in oth