GMV
Social commerce in India could touch $7bn by 2025: RedSeer
Social commerce refers to e-commerce transactions where buyers and sellers have more direct connection with each other before concluding a ...
Consumer-centric companies invest in own websites as traction increases since pandemic
Companies like Marico, Haldiram, Whirlpool among others launched web stores during the lockdown period and continue to invest in them as th...
Housejoy on track to clock Rs 150 cr GMV in FY21, sees strong growth in beauty, home services
Housejoy founder and CEO Sanchit Gaurav said the company has crossed pre-COVID numbers by a significant stretch in certain categories like ...
Instamojo closes Pre-Series C funding round from Base, Gunosy Capital
In recent months, Instamojo introduced ways of going digital through their ‘Priority KYC’, ‘Sachet loans on Whatsapp’ and ‘InstaCash’ featu...
Monthly active users for Flipkart, PhonePe at 'all-time high': Walmart
In a statement, Walmart said its 'international' segment's net sales were at USD 29.6 billion, an increase of 1.3 per cent, and that change...
Grofers looking at 4-fold rise in gross merchandise value at Rs 30,000 crore by 2022
"We have logged USD 1 billion in GMV (total value of merchandise sold over a period) in the financial year 2020 and we are on the road to d...
DealShare aims Rs 7,000 cr GMV by 2023-24, to expand footprint to 100 cities by March
E-commerce start-up DealShare on Friday said it has recorded seven times growth year-on-year in sales and aims to achieve a gross merchandi...
Swiggy says food delivery at 85% of pre-Covid value
Almost over 200 cities have now reached 90% of their pre-Covid gross merchandise value (GMV) levels.
Magicpin expects to reach $5 billion GMV in 12 months
Magicpin plans to strengthen its presence in top 50 cities where it is present in next 12 months and thereafter expand to next top 50 citie...
Over 1 lakh local shops, kiranas to participate in Amazon India's festive sales
More than 20,000 offline retailers, kiranas and local shops from ''Local Shops on Amazon'' programme will participate in ''Great Indian Fes...
Mid-range smartphones to be sweet spot this festive season: Amazon India
According to findings of the 'Great Indian Mobile' survey, 38 per cent respondents said they are looking at buying a mid-range smartphone b...
Amazon India scales up delivery network ahead of festive season
Amazon India Director (Last Mile Operations) Prakash Rochlani said the company has added close to 200 delivery stations, including those op...
Flipkart, Amazon strengthen furniture offerings ahead of festive season
With consumers now investing more in creating their own comfortable space at home, there is a notable increase in the demand for ergonomic ...
Online grocery to become $18 billion industry in India by 2024: Report
According to a joint report by a joint initiative by Bengaluru-based market consulting firm RedSeer and Bigbasket (Brand Intelligence), dri...
E-tailers poised to clock $7 bn festive month sales in 2020: RedSeer
Festive sales are expected to almost double this year and touch USD 7 billion in gross merchandise value (GMV) as compared to USD 3.8 billi...
Flipkart gross merchandise value (GMV) exceeds pre-Covid-19 level: Walmart
According to the company, its net sales and operating results were "significantly affected" by a continuation of the global health crisis. ...
‘Bharat to haul ecomm GMV past the $100 billion mark by 2025'
India's online shopping base will grow from 100 million to 300-350 million by 2025, with a majority of new shoppers emerging from tier-2 to...
Ecommerce companies start taking orders for 'non-essentials' from April 20
Ecommerce firms will accept online orders for ‘non-essential’ items starting this weekend.
Nandan Nilekani-backed ShopX sees $1 billion GMV this fiscal
ShopX currently operates across 460 towns, processing about 20,000 transactions daily. The company enables merchants and small retailers to...
MORE NEWS