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OFFLINE MOBILE SALES
A new IPO frenzy: Why is Bharat making a beeline for bourses?Retail chains from smaller Indian towns are planning to raise over Rs 7,000 crore through IPOs. These companies see capital markets as a fa...- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
- OnEMI Technology IPO opens tomorrow: GMP, price band, and Analyst viewOnEMI Technology Solutions' Rs 925.92 crore IPO opens April 30, closing May 5, with a price band of Rs 162-171. The digital lending platfor...
- Offline mobile sales plunge 40% ahead of ecomm big sale eventsMobile phone sales in physical stores have significantly decreased. This is because consumers are waiting for online sales events. Flipkart...
- Ensure level-playing field or face boycott: Offline trade tells mobile, electronics brands“We are meeting all the mobile phone brands, urging them to provide a level-playing field to the offline channel along with online,” said T...
- Fresh curbs could hit offline mobile sales: Market WatchersIncreasing Covid-19 cases and regional lockdowns could wipe out the recovery in smartphone sales in the offline channel and dent the overal...
- Samsung disbands online business team that functioned under Asim WarsiThe scrapping of the dedicated online team comes in the backdrop of a continued backlash from brick-and-mortar retailers alleging that Sams...
- Offline sales of mobiles expected to grow in 2021Growth in the online channel has jumped in the last three years — growing from 38.4% share in 2018 to 41.7% in 2019, and is estimated to be...
- Vivo waives some dealer fees to aid offline retailersDBD (dealer buy down) is a fee paid by a merchant to banks and non-bank companies for providing zero-interest EMI payments facility. Retail...
- Xiaomi, Realme says potential of offline sales post Covid-19 intact; consumers may change buying habitBoth Xiaomi and Realme said they will restructure their product plans and portfolio this year with the change in buying habit.
- Offline traders warn of Xiaomi, Samsung boycott over online discountingRetailers have been relentlessly campaigning against exclusive deals, cashback offers, etc, by the two.
- Smartphone brands issue trade advisories for pricing parityThe Confederation of All India Traders and the All India Mobile Retailers Association on Sunday alleged that brands are in league with ecom...
- Brick and mortar mobile phone retailers demand discounts in line with Ecommerce platformsMobile stores cry foul over better rates, exclusivity given by phone companies to eCommerce players.
- Xiaomi India appoints former Samsung executive to bolster offline presenceThe company also has its own Mi Stores in cities like Bengaluru and Gurgaon. In a bid to bolster its offline presence, it had partnered wit...
- Damp Diwali for smartphone companies as sales remain lower than usual“The buzz of the festive season is completely missing… online sales have taken away a lot of the demand,” a top executive of a leading larg...
- Falling online discounts boost mobile sales at retail stores“Online sales were contributing more than 90% to our overall sales, but online market in India is still only 30 % of the overall smartphone...
- Paytm generates Rs 300 crore in Diwali sales, mobile phones, apparels sell mostMobile phone sales increased 5-6 times over average daily order rates, while sales of fashion products also rose six times.
- Motorcycles, bicycles highlight of Paytm pre-Diwali salesGMV is a measure of the maximum price of goods and services sold on a company’s platform and is higher than its actual revenue.
- Exclusive brands for online marketplace gains popularityAfter Micromax Informatics, the second-largest handset maker in India, launched new online brand YU, the similar approach had been taken by...
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