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2 mins read

India's quick commerce sales surge by over 280% in two years: Report

India's quick commerce industry has witnessed remarkable growth, with sales surging by more than 28…

ANI   


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1 min read

Temu's parent company's stock tanked on a major warning sign from the cheap e-commerce brand

The company reported about $4.4 billion in profits in the quarter, a 144% increase compared to last…

Shubhangi Goel   


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Xiaomi and Samsung accused of colluding with Amazon and Flipkart

The Competition Commission of India (CCI), the antitrust watchdog in the country has reportedly acc…

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4 mins read

Empowering India's e-commerce market

Under the Samarth program, rural entrepreneurs from across the country are onboarded to the platfor…

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4 mins read

Nvidia has lots of questions to answer in this week's earnings call on product delays, competition, and China

As rivals increase their spending on AI computing, Nvidia will likely face questions about its Blac…

Emma Cosgrove,Helen Li   


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FMCG majors all set for a comeback against locals this year

For FMCG majors, the year of 2023 has been a mixed bag. While easing commodity prices reduced stres…

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Hit Jobs: Here’s what techies make in consumer goods, travel and e-commerce sectors

Non-tech industries are increasingly hiring tech professionals due to the digital transformation br…

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Amazon just dethroned Walmart, making it harder for the tech giant to hide behind Walmart's enormous size

Spurred on by the pandemic, Amazon has hit an important sales milestone and edged out Walmart in th…

Áine Cain   


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CEOs from Kroger and Albertsons say they’re worried about competition from Amazon, but the e-commerce giant barely makes up 1% of US grocery sales

Walmart and Kroger are set to continue strong market-share gains as they invest in strategies like …

Alex Bitter   


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ONDC is a population-scale initiative to democratize e-commerce: JM Financial

JM Financial Institutional Securities Ltd. has released its report on Open Network for Digital Comm…

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Not seeing any major impact of competition yet, says Anchit Nayar of Nykaa

Beauty e-commerce player Nykaa has been under the scanner due to many competitors entering the fray…

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PTI   


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3 mins read

Local brands rise as Indians flirt with newbies

Local brands that concentrate only on specific states — that are making a headway into the retail s…

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2 mins read

Aditya Birla group to spend ₹2,000 crore on an MSME e-commerce venture

Grasim Industries announces foray into a business-to-business e-commerce platform for building mate…

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3 mins read

E-commerce sales likely to drive credit card spends in September even as active cards decline

Rising inflation has dampened overall credit card spends in August, but experts say they will bounc…

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Swiggy to foray into e-commerce with the launch of Minis — a marketplace for local stores

“We’re currently piloting a platform named Minis on Swiggy that enables D2C brands, small busi…

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2 mins read

Walmart vs Target: When it comes to groceries it's not really a competition

Sales boomed at Walmart, where 1 in 4 US grocery dollars are spent, but slid at Target, which relie…

Dominick Reuter   


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Amazon CEO says workers are 'better off' without a union and the company's injury rate is 'misunderstood'

Earlier this month, an Amazon warehouse in Staten Island, New York voted to unionize. The retailer …

Grace Kay   


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3 mins read

Reliance-backed AJIO is riding the Indian e-commerce wave — poses tough competition to Myntra

But the rise of e-commerce, especially as it spreads into rural India has brought about changes …

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Ajio and Myntra locked horns this festive season in fashion e-commerce: Report

While almost 46% of all transactions belonged to Myntra during the 2020 festive period, Ajio bagged…