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ECOMMERCE CASH DECLINE
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
Manu Chandra's Sauce, the VC making a feast of small servingsSauce VC is set to make an estimated Rs 500-550 crore from L'Oréal's acquisition of Innovist, validating founder Manu Chandra's strategy of...
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...
AI threat overblown: Why Invesco’s Hiten Jain is doubling down on IT stocksInvesco Mutual Fund's Hiten Jain offers a contrarian view, identifying the tech rout as a significant buying opportunity and dismissing bro...
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Alphabet, Amazon tap overseas debt markets to fund AI infrastructure pushAs the race to dominate artificial intelligence heats up, major technology firms are escalating their borrowing. Alphabet plans to launch i...
Alphabet considers first yen bond sale to fund AI goalsThe person was not authorized to speak on the matter and declined to be identified. Alphabet did not immediately respond to a Reuters reque...
Alphabet considers first yen bond sale to fund AI goalsAlphabet is making headlines with its first-ever issuance of yen bonds, aimed at fueling its rapidly developing artificial intelligence eco...
Meesho Q4 revenue jumps 47%; operating losses widen on aggressive growth pushCEO Vidit Aatrey said that over 70% of the company’s code now is being written using artificial intelligence. More than three fourths of Me...
Will Meesho's 60% comeback rally cool or can Q4 serve as a new launchpad?Meesho shares remain in focus ahead of Q4 results after a sharp 60% rebound from March lows. While brokerages expect strong NMV growth, con...
US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
Akshaya Tritiya jewellery buying turns more prepaid and offer-led, led by tier-2 and tier-3 demandAkshaya Tritiya 2026 saw tier-2 and tier-3 cities lead jewellery sales growth. Prepaid transactions dominated purchases. Consumers favored ...
India's D2C growth powered by Tier 2, 3 cities with 66 per cent new orders in FY26India's direct-to-consumer brands are seeing rapid expansion driven by smaller cities. Tier 2 and 3 cities will account for nearly 66 perce...
In India, $1 housekeepers spark a consumer, worker frenzy despite safety risksSome Indian startups are offering house help for as little as $1 an hour, attracting thousands of women seeking work and consumers eager fo...
India's ecommerce market to reach $150 billion by 2026 fuelled by rise in UPI transactions: reportAs unified payments interface (UPI)-based transactions continue to break all records, India's e-commerce market is projected to grow from $...
Demonetisation: Logistics companies feel the pain as e-tailers take it easyLogistics companies have faced an up to 20% decline in volumes from their e-commerce business in the past one week, as cash-on-delivery pay...