e commerce
E-Commerce
Consumers spent $6.4 billion on first day of Amazon Prime Day: Study
This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales
New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...
E-Commerce
PwC India, Zoho announce partnership to enhance digital transformation
PTI -
PwC India and Zoho will focus on providing bespoke transformation solutions, such as customer experience platform, custom applications, HR tech, and financial management applications for medium-to-large enterprises
New Delhi: Chennai-headquartered technology company Zoho on Wednesday announced a partnership with PwC...
Fashion & Lifestyle
CMAI to host National Garment Fair 2023 in Mumbai
More than 1200 brands will participate in NGF 2023, presenting a diverse range of women's wear, men's wear, and accessories at the Bombay Exhibition NESCO Complex in Goregaon East, and kids wear section at the Jio World Convention Centre...
FMCG
ITC’s FMCG biz records 21% rise in annual consumer spend at Rs 29,000 crore in FY23
PTI -
In terms of distribution reach, ITC's products reached 230 million households in FY23, up from over 200 million households in FY22
New Delhi: Diversified conglomerate ITC's FMCG business has recorded a 21 per cent rise in annual consumer spend to...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of business
New Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...
E-Commerce
GST Council to clarify on TCS liability of e-commerce suppliers on ONDC
PTI -
Under the GST law, every e-commerce operator is required to collect TCS at the rate of 1 per cent of the taxable value of goods/services sold through its platform
New Delhi: The Goods and Services Tax (GST) Council on July...
E-Commerce
Scaling for success: Five reasons why e-commerce businesses should partner with enablers
Strategies for choosing and collaborating with the right enablement partner in e-commerce
New Delhi: Redseer estimates e-commerce in India to grow nearly three times in the next three years to reach $163 billion by 2026, growing at a compound annual...
E-Commerce
Indian sellers’ exports under Amazon Global Selling to cross $8 billion this year
PTI -
The exports from India under the programme were to the tune of $5 billion last year, Amazon said in its Exports Digest 2023
New Delhi: Cumulative overseas sales by Indian exporters under e-commerce exports programme Amazon Global Selling are on...
E-Commerce
Amazon India introduces self-serve product customization feature
This feature offers a customization experience that provides visual design tools to customers to personalize products, along with an interactive product preview option to view the final customized product in real-time
Mumbai: Amazon India has launched a free self-serve product...
E-Commerce
Local shopping app Pincode goes live in 10 Indian cities
Consumers in these cities will now be able to purchase groceries and order food from all local shops and restaurants on the App
Bengaluru: Pincode, a local shopping app developed by PhonePe on the ONDC (Open Network for Digital Commerce)...
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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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