The median cart desertion rate is 69.2 per cent, proving that customers aren’t always easy to engage. To connect with…
ecommerce
Ecommerce companies step up discounts in bid to get rid of stock
Ecommerce marketplaces are offering discounts as high as those at peak Diwali season across categories ranging from grocery to smartphones…
Samsung, LG rejig top deck to take on online brands, rivals
Korean consumer electronics firms Samsung and LG have rejigged their senior management teams in India even as they look to defend their turf against…
Flipkart India gets Rs 1,431 cr in fresh capital from parent entity
Bengaluru: Flipkart India, the wholesale arm of the Walmart-owned ecommerce marketplace in India, has received Rs 1,431 crore in fresh…
John Jacobs aims to clock Rs 500 cr revenue by Mar ’21
New Delhi, Jan 13 () Lenskart’s eyewear brand John Jacobs is looking to garner Rs 500 crore in revenue in…
Ecommerce rule tweak will aid kiranas: Metro CEO
BENGALURU: Metro AG, the world’s fourth-largest retailer that operates wholesale stores in India, said the country’s updated policy on foreign…
Amazon starts closed user-group testing of UPI pay platform
BENGALURU: Amazon’s efforts to issue its own Unified Payments Interface (UPI) handles in India has entered the closed-user-group stage, where the company is…
Ecommerce-fintech deals may attract scrutiny
Bengaluru: The newly revised ecommerce policy could have indirect effects on digital payments and the broader fintech industry, especially regarding…
How consumers’ Flipkart, Amazon party may end
GoI’s new rules on ecommerce marketplace make it all but impossible for big players like Amazon India and Walmart-owned Flipkart…
Etailers will soon be liable for fraud and defective products
BENGALURU: Online retailers and marketplaces will soon be liable for fraudulent sales and defective products sold on their platforms as…