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ECOMMERCE FESTIVE SALES
Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
Reliance Retail Q2 profit takes a hit on Qcomm pushReliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite th...
Rising tech costs drive EMI sales; Shadowfax Q2 profit soarsHappy Friday! Shoppers are turning to EMIs as electronics prices rise. This and more in today’s ETtech Morning Dispatch.
Meesho sees near-term margin pressure as it reinvests in growthThe value commerce platform’s September quarter results on Wednesday showed its contribution margin rising to 6% of net merchandise value (...
Meesho Q2 loss narrows; Info Edge names Sanjeev Bikhchandani CEOHappy Thursday! Meesho’s losses shrunk as revenue grew in the second quarter of FY27. This and more in today’s ETtech Morning Dispatch.
Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEOMeesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Meesho Q2: Brokerages expect sustained revenue growth; profitability in focus as festive spending risesBank of America expects revenue of Rs 4,130 crore and a net loss of Rs 141 crore for the quarter. Jefferies estimates revenue of Rs 4,064 c...
Smartphone shipments fall 20% YoY in Q3 as price hikes mute demandIn the third quarter of this year, India saw a staggering 20% drop in smartphone shipments, largely due to rising memory costs impacting ov...
Reel deal: The next big thing in online shopping is playing on your screenE-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide...
A Japanese giant is quietly taking a bigger shelf in India’s wardrobesUniqlo India's revenue increased by 44% to Rs 1,724 crore in the last financial year. The brand's focus on everyday essentials contrasts wi...
Festive ecommerce season off to strong start, Flipkart DAUs hit new high: BofA reportIndia's 2026 festive ecommerce season has initiated with strong performance from online retail platforms. Flipkart saw a significant increa...
Ecommerce festive sales fizzle out on price pangsExecutives attributed the slowdown to sluggish demand for premium electronics, including smartphones, home appliances and laptops, as price...
Online festive sales fizzle; Snowflake CEO on AI’s impact on softwareHappy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today’s ETtech Morning Dispatch.
Online mobile sales may not ring loud this NavratriIndia's smartphone market is experiencing a sharp decline in sales during the festive season. Recent data indicates a 16% year-on-year drop...
UPI MDR deferment gives D2C brands festive-season margin reliefThe new MDR framework on UPI was expected to impact D2C brands operating in low-margin categories such as consumer electronics, fashion and...
Online festive sales start slow as smartphone demand dips; quick commerce extends shopping windowIndustry executives and analysts attributed the 7-10% year-on-year (YoY) decline to a slowdown in mobile phone purchases following price hi...
Ecommerce firms sell goods worth Rs 24,000 crore in first two days of festive sales: RedseerPlayers like Amazon and Flipkart are using their quick commerce arms for sales and increasing their salience on the platform, which saw 4 t...
E-commerce firms turn to AI to solve for Bharat during festive salesFrom spotting trends before they become popular and predicting what consumers are likely to buy to personalising recommendations – AI is do...
Quick commerce fuels festive credit demand as brands seek working capitalIndifi has seen a roughly 50% increase in disbursements to quick commerce-focussed sellers compared to previous years. “Quick commerce is a...