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Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 croreHome and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an e...
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giantsQuick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are ...
Nykaa Q2 profit more than triples, operating revenue grows 28%The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business...
Nykaa Q2 Results: PAT soars 207% YoY to Rs 101 crore, revenue up 28%; co to acquire 82% stake in Simply NamNykaa reported a 207% year-on-year profit surge to Rs 101 crore in Q2FY27, with revenue rising 28% to Rs 3,006 crore. Beauty and fashion bu...
Retailer Zalando launches AI shopping agent as margins squeezedZalando has launched its inaugural AI shopping agent, aiming to refine its online retail experience significantly. This innovative platform...
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. Howeve...
MobiKwik expects MDR on UPI to add Rs 100 crore to payment revenue in FY28On its second-quarter earnings call, the company’s management said the implementation of UPI MDR would improve payment unit economics and c...
MobiKwik shares zoom 10% as fintech firm posts record Rs 12 crore profit in Q2MobiKwik returned to profitability in Q2 FY27, reporting a record consolidated net profit of Rs 11.8 crore against a loss of Rs 28.6 crore ...
India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush GoyalCommerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncer...
Trent Q2 Results: Cons profit jumps 25% YoY to Rs 468 crore; revenue climbs 22%Trent Q2 Results: Trent reported a 25.3% year-on-year rise in Q2 FY27 consolidated net profit to Rs 468 crore, while revenue grew 21.9% to ...
Delivery Hero raises full-year forecast again on strong Q3 growthThe company now expects gross merchandise value (GMV), a common metric for delivery firms measuring the total value of all goods sold throu...
Paytm shares rise 2% after Q2 results. What are Jefferies, Goldman Sachs, and others saying?Paytm shares rose after the fintech major reported a 976% year-on-year jump in Q2 net profit and 28% revenue growth. Jefferies, Goldman Sac...
VerSe valuation sinks; Paytm Q2 profit risesHappy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
Paytm Q2 Results: Profit rockets 976% YoY to Rs 226 crore, revenue jumps 28%Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The...
Paytm’s Q2 profit jumps 10-fold to Rs 225 crore, revenue up 28%Revenue growth was in line with brokerage estimates, but net profit fell short of expectations. Brokerages had projected operating revenue ...
AI is changing online ads, and brands have a new fight on their hands: ReportAs consumers increasingly use AI for product discovery and comparisons, brands must adjust their advertising strategies. Research shows tha...
Great Eggspectations: Brown, free-range, omega-3 or protein-rich? What’s really worth paying for in an eggIndia’s premium egg market is growing as health-conscious consumers pay more for free-range, cage-free and nutrient-enriched varieties. But...
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...
India’s online retail market to cross $90 billion in 2026, grocery to overtake mobiles: RedseerIndia's online retail landscape is on a fast track, expected to hit USD 90 billion by 2026. The surge in demand is primarily for grocery, b...
E-commerce festive sales touch Rs 24,000 crore in first two days, mobiles leadE-commerce companies in India sold about Rs 24,000 crore in the first two days of festive sales. Mobile phones accounted for the largest sh...