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Logistics market can’t support more than three players, further consolidation likely: Delhivery's Sahil BaruaDelhivery is entering its next phase of growth, with CEO Sahil Barua betting on high-growth segments while continuing to push hard to expan...- 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...
- Govt readies draft norms to counter fake reviews on sitesThe pandemic, especially, saw massive escalation of ecommerce. A report by Redseer Strategy Consultants said online sales (or gross merchan...
- 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...
- Traders take on etailers at DPIIT ecommerce meetThe meeting took place at a time when the government is said to be working on finalising a draft ecommerce policy in the coming months.
- Etailers should display details of sellers clearly on their platform: CCPAAn advisory in this regard has been issued to all states and industry associates by the Central Consumer Protection Authority (CCPA) which ...
- Majority of online consumers do not want govt to ban heavy discounts offered by etailers: SurveyThe survey received over 82,000 responses from consumers in 394 districts of India. Of which, 62 per cent of the participants were men, whi...
- Mobiles are no longer first port of call for etail numbersDemand saturation, reduced discounting and policy changes pull down mobile category’s contribution to etailers' GMV in the first quarter.
- No ‘gifts’ at Mumbai customs, Chinese etailers look elsewhereIndia exempts items valued up to Rs 5,000 from all taxes as a way of allowing non-resident Indians to send gifts to families back home.
- BigBasket's pre-money valuation may reach $1bn, eyes fresh fundingGrocery etailer's pre-money valuation may touch $1 bn with Alibaba’s $50 mn and new investors CDC, Mirae.
- Chain of subsidiaries may help skirt curbs for etailersAmazon and Flipkart may have to create new vendors that do not fall foul of Press Note 2.
- Gifts’ from Chinese apps, e-commeerce companies on govt radarDIPP has suggested capping purchases of “gifts” from Chinese etailers and apps at four per buyer per year, a senior official said.
- View: It's a daft ecommerce policy, will harm future local etailersIf this is going to be the final ecomm policy, India won’t get what it should, and will lose what it has.
- Malls look to cash in on Etail, seek slice of brands’ revenueMalls are asking for share in revenue on any sales emanating from the digital kiosk that retailer put in the outlets even if the real sales...
- Flipkart investment in marketplace shrinks to Rs 27 lakh, Amazon’s falls to Rs 2,010 cr in FY17Total investment into Amazon Seller Services so far stands at Rs 14,940 crore, as compared to Flipkart’s Rs 8,349 crore through Flipkart Ma...
- 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...
- 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.
- 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.
- Fashion e-tailers like Jabong and Myntra clock up impressive numbersAs Amazon chief Jeff Bezos had said, the big success of fashion etailing is the biggest learning he's taken away from India.
- A look at the hurdles faced by e-commerce industryThe overall e-commerce industry is expected to grow rapidly, according to advisory firm eTailing India. But it is still hobbled by fundamen...
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