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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
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…
India remains the fastest growing paper market in the world, says a new report
Demand for better quality packaging of FMCG products, textiles, pharmaceuticals, among others, as w…
PTI
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
Govt seeks proposals for setting up e-commerce export hubs
In this regard, it said, draft modalities for operation of these hubs have been formulated. …
PTI
Amazon Rufus AI assistant beta launched in India, will answer customer’s questions
Amazon has introduced the beta version of its Rufus AI assistant in India. Rufus aids customers in …
India’s e-commerce boom: Gen Z, small cities, and self-care trends on the rise, says Meesho
Meesho's inaugural Smart Shopper Report for H1 2024 explores evolving online shopping trends, highl…
Celsius CEO says one of the scariest times for the energy drink brand was getting 'pink slipped' by Costco
Celsius has had a rocky road on its way to becoming the third-largest energy drink brand on the mar…
Dominick Reuter
Online vendors generated 15.8 million jobs in India: e-commerce report
"Plugging in data from our survey, we estimate that online vendors generate 15.8 million jobs, …
PTI
Starbucks is suffering from a mountain of mobile orders and chronic understaffing, a store employee says
Starbucks' long customer wait times at one store are due to too few employees on the job, one worke…
Alex Bitter
Data privacy issues, online frauds emerging as e-commerce growth hurdles: Eco Survey
The e-commerce industry in India is expected to cross USD 350 billion by 2030 and called for the ne…
PTI
The baseline price tag for looking cool for school is $1,000 for 9 hot items
Gen Z's back-to-school "it" list includes Adidas sneakers, a $24 tinted lip balm, and Airpods Max.
Aditi Bharade
'Strong' Walmart results come as a relief for the retail sector
Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…
Grace Dean
This new 'Shazam' for fashion app could change the way the world shops online
Capsule mines the entire internet to find shoppable styes to match whatever you are looking for. It…
Lakshmi Varanasi
Target workers say they're walking as much as 20 miles a day. It's a sign of just how physical retail work has become.
Apple Watches and other activity trackers help show just how physical retail work can be, especiall…
Dominick Reuter
These are the 5 luxury items China's Gen Z is going nuts for, a retail expert says
A retail expert told BI there are 5 luxury items Chinese Gen Zers love, and it looks like the quiet…
Aditi Bharade
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
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
Amazon CFO blames the Olympics and Trump assassination for slowing sales: 'Customers only have so much attention'
Brian Olsavsky told reporters that Amazon customers were being distracted by the Olympics and the p…
Kwan Wei Kevin Tan
India to see retail digital payments to double to USD 7 tn by 2030: Report
Millennials and Gen X are leading in the adoption of all types of digital payment instruments.