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E-commerce companies to create 3 lakh jobs this festive season: RedSeer

About three lakh jobs are expected to be created by various e-commerce and logistics companies during this year's festive season, a report by RedSeer said on Tuesday. Most of the hiring by e-commerce platforms ahead of festive season is...

Amazon infuses Rs 1,125 crore into India unit ahead of festive sales

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. According to a PTI report: The fresh infusion will provide more ammunition...

Flipkart, Amazon strengthen furniture offerings ahead of festive season

E-commerce giants Flipkart and Amazon have expanded the number of sellers on their platforms and ramped up selection in the furniture category as they gear up to compete in the upcoming festive season. According to a PTI report; Walmart-owned Flipkart...

Online grocery to become $18 bn industry in India by 2024: Report

As companies from Reliance to Amazon put their top dollar in serving daily grocery at your doorstep, a new report said on Friday that online grocery is going to be the next battleground for growth, expanding to over US$...

E-tailers poised to clock US$ 7 bn festive month sales in 2020: RedSeer

Festive sales are expected to almost double this year and touch US$ 7 billion in gross merchandise value (GMV) as compared to US$ 3.8 billion in the same period last year, according to a report by research firm RedSeer. Based...

Apple online store to transform how Indians buy products online

The entire online buying experience has been more or less monotonous (read unemotional) for millions in India for years who select the product, fill in some details, pay and forget. According to a top Apple executive, the first India...

India's online food delivery GMV to hit $13bn by 2024: Report

India’s total online food delivery gross merchandise value (GMV) is expected to be US$ 13 billion by 2024 by clocking 12 million daily orders on an average, said a new report on Friday. While online food delivery, which has scaled...

Funding in food-tech startups in India: Trends

According to a report of World Bank in 2019, agriculture and food comprise of 10% in global GDP. In recent years, as the focus of consumers shifts towards sustainability, health and hygiene, India’s food sector is going through robust...

E-tailers could see US$ 6 billion sales this festive season: RedSeer

E-commerce companies such as Flipkart and Amazon could generate up to US$ 6 billion or Rs 39,000 crore in sales this festive season, according to consulting firm RedSeer. In the first phase of the festive sale, e-commerce companies are estimated...

E-commerce cos could get 20 mn shoppers, US$ 3 bn sales during festive sale: RedSeer

About 20 million people are expected to shop on various e-commerce platforms during the festive sale next month, translating into sales of around US$ 3 billion for players like Amazon and Flipkart, says a report. According to a PTI report:...
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The Luxottica report card for 2022

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