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How AI is transforming eCommerce logistics

Artificial Intelligence is transforming several critical functions of eCommerce logistics to bring significant improvements in efficiency, accuracy, and cost-effectiveness New Delhi: “The more we can use robots to complete repetitive or distant tasks in highly predictable, structured environments, the more...

E-tailers begin second festive sale round after seven-day fiesta

After registering record sales in the seven-day period to kick off the festive season after pandemic-induced lockdowns, e-commerce marketplaces like Amazon and Flipkart have announced the second round of online sales to keep up the momentum. Amazon on Saturday announced...

Smartphones, fashion to dominate shopping in festive sales: Report

As India enters the festive sale season with Flipkart and Amazon sales from Friday, smartphones and fashion will remain the largest shopping categories while grocery is growing the fastest, a new report said on Thursday. Smartphones and consumer electronics will...

Koovs.com pips Flipkart, Amazon in customer experience in India

As Indians look for seamless, safe and personalised online shopping experiences in the social distancing times, online fashion site Koovs.com has topped the digital retailer rankings for customer experience this year, beating out Flipkart, Myntra, Amazon and Snapdeal, a...

Online retail sales to hit US$ 2.5 trillion in Asia by 2024

Riding on the surge in grocery demand in the COVID-19 times, online retail sales in Asia will grow from US$ 1.5 trillion in 2019 to US$ 2.5 trillion in 2024, with a compound annual growth rate (CAGR) of 11.3...

Offline stores sales decline by 75 percent in Q2 2020 as e-commerce set to grow by 20 percent in 2020

According to the research data analyzed and published by StockApps.com, US department stores reported a 75 percent drop in sales during Q2 2020. The report estimated a decline of 60 percent for the whole year, while predicting a 20...

Global retail stares at $2.1 trillion loss, to take 4 years to revive

With the COVID-10 pandemic ravaging several industries amid poor consumer spending, global retail sales in 2020 will decline by an average of 9.6 percent, resulting in a loss of $2.1 trillion and it will take four years for retailers...

Can Facebook become Amazon of the world with Reliance Jio?

Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global e-commerce journey with investing US$ 5.7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on e-commerce behemoth Amazon and Walmart in the long...

Amazon, Flipkart vie for US $4.8 bn festive biz in India

There is no slowdown when it comes to consumer spending and online retailers like Amazon and Flipkart in India are expected to generate about US $4.8 billion in sales from September 25 to October 29, mitigating the impact of...

Tapping emotions key to delivering customer experiences in India: Forrester

As enterprises in India become more conscious about delivering better customer experiences, brands should now create a clear vision of the exact differentiated experience and then work towards making it a reality, Forrester said on Tuesday. Based on a survey...
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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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