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Swiggy report says GenZ contributes to 40% of food consumption; highlights recent trend of binge-eating

The rise of online food delivery has revolutionized the way India eats.

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3 mins read

E-commerce is expected to help seasonal hiring for gig roles surge by 20% this festival season: reports

The top gig roles that have been witnessing increased hiring are delivery executives, warehouse wor…

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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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1 min read

Ecom Express files papers with Sebi for Rs 2,600-crore IPO

Ecom Express Ltd sought to raise Rs 2,600 crore through an IPO, consisting of a fresh issue worth R…

PTI   


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E-commerce startup Bolt wants to raise new money under aggressive terms that could make its once-ousted founder rich, reports say

Bolt founder Ryan Breslow proposes returning as CEO with a $2 million bonus and $1 million in back …

Shubhangi Goel   


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Patanjali Foods profit surges to Rs 262.90 crore on back of e-commerce and quick commerce channels

The net profit of Patanjali Foods surged to Rs 262.90 crore year-on-year during the first quarter o…

ANI   


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60 pc of businesses 'off track' to meet sustainability goals: Bain & Company report

Over 60 per cent of businesses surveyed are "off track" to meet their sustainability goals, accordi…

PTI   


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India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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Adani Group could soon enter e-commerce and UPI segments, to rival Mukesh Ambani and Google

Gautam Adani-led Adani Group has a diverse portfolio, from ports to energy and more. The conglomera…

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5 mins read

I was promoted too quickly at my Silicon Valley job and it made me overconfident — moving to a new company was a humiliating experience

Neha Sampat told BI being promoted three times in four years at Sun Microsystems gave her too much …

Charissa Cheong   


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Flipkart's Binny Bansal launches startup that helps e-commerce companies go global

Flipkart co-founder Binny Bansal has come up with a new venture - 'OppDoor', which will help e-comm…

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3 mins read

Meta director who used to work for Elon Musk says companies without an internal AI tool are 'already behind the curve'

Meta product director Esther Crawford said she uses Meta's internal AI tool Metamate "all the time …

Ana Altchek   


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India emerged as global M&A hotspot in 2022: Bain & Company report

India bucked the global trend with strategic merger and acquisition (M&A) deal volume and value rea…

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4 mins read

A third of internet users would be actively shopping online by the end of this decade, offline retail to take a back seat

While offline retail continues to be the largest contributor to India’s retail therapy, it has been…

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India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report

Several enabling forces have come together to energise this revolution. Although internet penetrati…

PTI   


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Banking issues hinder growth of exports through e-commerce: GTRI report

Banking issues like reluctance to process forex received through alternate channels and high proces…

PTI   


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CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year

CEOs say companies are making room for AI and finding they work better with less people.

Ana Altchek   


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Flexibility, salary key jobseeker parameters for new roles in India: Report

Indian workers expect higher salaries to offset their living expenses, in addition to feeling value…

PTI   


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UPI parent body and this e-commerce startup are on Times list of top-100 influential companies

There is good news and not so good news. The Reserve Bank of India (RBI) and Indian Banks' Associat…

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Temu spent so much on Meta ads that staffers joked they should thank the company with a hefty gift card, report says

The Chinese ecommerce platform was the top advertiser by revenue for Meta in 2023, per The Wall Str…

Mary Hanbury