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Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
- Founder exits loom over BigBasket, 1mg as Tata Digital reset continuesBigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and G...
- Fuel volatility accelerates EV leap in last mile delivery for ecommerce, logistics firmsEcommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustai...
- Offline companies beat e-tailers in leasing warehousesOffline retailers leased 3.2 million square feet (msf) of warehousing space last year, bouncing back to pre-pandemic levels, data from comm...
- Etail orders may soon cost a packet as fuel prices shoot upSellers ET spoke with said that they are yet to receive a communication from Amazon, Flipkart or Meesho about any hike in freight rates, bu...
- New India e-commerce rules and their impact, explainedThe scope of India’s new e-commerce rules, as proposed by the Department of Consumer Affairs, goes beyond online retail (Amazon and Flipkar...
- Etail, logistics companies get green light in OdishaIn a notification on April 13, the state said home delivery of all goods through ecomm will be allowed, in a departure from the practice na...
- Myntra logs Rs 539.2 cr loss in FY'19The fashion e-tailer had registered losses to the tune of Rs 151.22 crore in the previous year, documents sourced by business intelligence ...
- Government not to extend February 1 deadline on revised norms for e-tailersWhile Amazon has asked for time until June 1 this year, Flipkart has asked for six months.
- Why Amazon, Flipkart, Snapdeal and ShopClues fight and can’t stand united against offline retailers and government rulesIndia’s ecomm blue chips are fractious, even when confronted with a constricting set of central government rules and state-level taxation t...
- Ecommerce policy may not stop discounting by e-tailers: India RatingsInd-Ra also said the traditional offline retailers are unlikely to benefit as the policy is directed towards defining and limiting the scop...
- Xpressbees’ busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant CapitalThe funding will be used to upgrade Xpressbees’ technology and expand its operations, said Amitava Saha, the company’s CEO.
- Billion-dollar cracker for Diwali: Flipkart, Snapdeal shore up capital for the upcoming festive seasonFlipkart is said to be raising $1 bn from existing investors at a post-money valuation of $15 bn, according to two sources familiar with th...
- Indian eCommerce not a bubble, to grow to $50 billion by 2020: UBSThe report added that etail in India is at a nascent stage and companies are trying to "Get-Big-Fast", helped by capital availability.
- Smartphone companies dial e-tailers to tap buyersThe figures demonstrate how quickly the Indian consumer is adapting to the online market and letting go of traditional brick-and-mortar sto...
- E-tail to sting brick-and-mortar companiesFlush with investor money and changing consumer habits, e-commerce is a $3-billion strong industry sizing up the modern retailers in a big ...
- Flipkart launches one-day delivery just days after Amazon launched similar serviceJust days after Amazon announced its one-day delivery service in India, Flipkart too has announced a similar facility.
- Garment sale to grow 10-fold by 2015: Technopak AdvisorsDenims and kurtis have turned hot cakes among the net-savvy younger generation making garments e-tailing favourite spot for private equity ...
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