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ECOMMERCE TRENDS 2023
Coal imports fall 8.5% in February amid high stockpiles, firm global pricesIndia's coal imports saw an 8.5 percent drop in February, reaching 16.55 million tonnes. This decline was driven by high domestic coal stoc...
ET Startup Awards 2025: Myntra must become ‘AI-first’ to win India’s 400 million GenZ consumers, says CEO Nandita SinhaSpeaking during a panel at the ET Startup Awards 2025 in Bengaluru on Friday, Sinha said the company is building personalisation models for...
Black Friday weekend sales grow 17-18% on year for ecommerce playersDirect-to-consumer brands and ecommerce marketplaces saw a 17-18% rise in Black Friday order volumes compared to last year, with beauty, we...
Beauty and personal care brands in dull phase find quick fix to glow upFacing slowing growth in traditional e-commerce, beauty and personal care brands in India are turning to quick commerce channels. Brands li...
India's ecommerce payments to surge by 23.8% in 2024: GlobalDataGlobalData's E-Commerce Analytics highlights that the value of India's e-commerce market is projected to rise from Rs 12.2 trillion (USD 14...
Unicommerce records 16% growth in clients' order volume during mid-year online salesUnicommerce provides software-as-a-service (SaaS) platform for end-to-end management of ecommerce operations for direct-to-consumer (D2C) b...
Shiprocket launches report to unlock the $300 billion ecommerce opportunity for MSMEsThe report aims at decoding the valuable insights into the factors driving the ecommerce revolution in Bharat by examining existing data tr...
A report shows, India's non-cash payments on ecommerce platforms surge to 58.1% from 20.4% six years agoIndia has seen the fastest jump in alternative payment share for ecommerce payments in the Asia Pacific region from 20.4% in 2018 to 58.1% ...
Retail, ecommerce create job openings for freshers and experienced professionalsA recent report by GI Group Holding India reveals increasing job opportunities in retail and e-commerce, with retail seeking fresh hires an...
Why touchy-feely consumerism is here to stay and also thriveThe surge in e-commerce once signaled the demise of brick-and-mortar stores, but a notable shift is occurring as D2C companies expand offli...
No slowdown in web commerce, a product of Covid era, even after Covid is long goneA whole array of products, from the humble cookie and other daily munchies to pocket-pinching discretionary items such as television sets a...
Fewer phones, more FMCG items flying off ecommerce shelvesConsumers are moving back to brick-and-mortar stores to buy expensive items such as smartphones and televisions. However, the opposite is o...
Diwali 2023 sees big jump in online shopping with credit cards: Visa ReportDuring Diwali 2023, Visa reported a significant 25% increase in credit card spending on online platforms compared to the previous year. Ove...
Startups, e-commerce companies may give fresh faces a miss this yearStartups and ecommerce companies in India are expected to reduce their campus hiring for the Class of 2024 due to a lack of visibility caus...
Global e-com expected to hit $8.5 trillion by 2026, with a 56% growth forecast from 2018: ReportAccording to the report, all regions except Europe registered double-digit growth from 2021-2022, with the highest growth of 21% seen in th...
Average salaries expected to increase by 10.2% in 2023: EY Future of Pay reportProjected salary increases for 2023 are slightly lower than the actual increases for 2022 across all job levels, except for blue-collar wor...
Economic Survey 2023 flags FTX collapse; highlights need for common approach to regulate cryptocurrenciesFinance Minister Nirmala Sitharaman tabled the Economic Survey for the ongoing fiscal in the parliament ahead of the Union Budget 2023-24. ...