e commerce
Latest News
Amazon unveils its first ‘Digital Kendra’ in Surat
Amazon sets up its first 'Digital Kendra' in Surat. This Thursday Amazon launched its first 'Digital Kendra' in Surat, Gujarat, as part of its commitment to digitise 10 million Indian micro, small and medium enterprises by 2025. Amazon Digital...
International News
European e-commerce revenue to hit $465B in 2021, a 30% jump amid the pandemic
The COVID-19-led boom in online sales has caused an impressive growth of the European e-commerce market, both in terms of revenue and the number of users. As millions of people continue switching from brick-and-mortar shops to webshops, Europe's e-commerce...
Fashion
Nykaa Fashion acquires fashion jewellery label Pipa Bella to strengthen private label portfolio
Nykaa Fashion, the multi-brand fashion e-commerce platform,
announced the acquisition of the progressive and trendy online jewellery brand Pipa Bella. With Pipa Bella, Nykaa Fashion aims to expand its jewellery category to offer hip fashion jewellery and
accessories to women in...
Big Grid
E-commerce boom reveals shortcomings of local payment methods in emerging economies
One year into the COVID-19 pandemic saw a tremendous expansion of cross-border e-commerce as consumers continue to seek products and brands unavailable in their home country. The virus outbreak played a key role in increasing the number of the e-commerce users with 57%...
Retail
Some e-commerce firms violated FDI norms, as per complaints to Govt: Piyush Goyal
The government has received complaints against certain e-commerce companies alleging violation of foreign direct investment (FDI) policy and necessary actions have been taken for investigation by the Enforcement Directorate, Parliament was informed on Wednesday. In a written reply to...
Big Grid
Draft E-Commerce Policy: Conformity assessment procedures to be put in place
Conformity assessment procedures will be put in place to verify that goods and services sold on e-commerce platforms meet required standards and technical regulations, according to the draft e-commerce policy. The policy, which is under discussion, also stated that actions and things...
Latest News
India’s e-commerce market projected to grow to $111 billion by 2024: Report
India's e-commerce market is poised to grow by 84 per cent to $111 billion by 2024 on the back of accelerated adoption of digital technologies amid the Covid-19 pandemic, a report by fintech firm FIS said on Wednesday.
The report noted that countries, including India,...
International News
COVID-19 to drive e-commerce growth in Australia at 10.3% CAGR through 2024
The e-commerce market in Australia has been on a high growth curve during the past few years. The COVID-19 outbreak is further set to drive the e-commerce sales in the country at a compound annual growth rate (CAGR) of...
Big Grid
E-commerce order volume in India clocks 36% growth in 2020 Q4
The last quarter of 2020 saw e-commerce order volume growing by 36 percent in India with Personal care, Beauty, and Wellness (PCB&W) segment being the biggest beneficiary, according to a report.
In October to December 2020 period, PCB&W and FMCG...
Big Grid
E-tailing to reach $140B GMV and 11% of retail by 2025: Report
Among all the sectors which was impacted by Covid, e-commerce showed the most resilience and recovered strongly after the pandemic. More fundamentally, consumer perception and behaviour changed toward retail and many newer facets of the industry started strongly growing...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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