Brief
Reliance to fuel the competition in Instant delivery market in India with JioMart Express
Reliance has got no chill; its retail arm Reliance Retail is all set to enter the instant grocery delivery market in India with its 'JioMart Express'.
Reliance will soon begin trials for 'JioMart Express' in Navi Mumbai, through which it...
Brief
BigBasket worth $4 billion: Tata aims 40% sales growth
Tata Group is actively making every possible move to strengthen its presence in India's retail market, and the acquisition of BigBasket was a part of the big game plan. To solidify their grip on BigBasket, TATA Digital has reportedly...
Brief
Setting Up A Successful Online Business: Tricks Of The Trade Have Changed In Post-Covid Era
The pandemic has changed all the market equations. Business models that were looking very promising by the beginning of 2020, are struggling to find any takers. As the retail market comes to stand still and the uncertainty about its...
Brief
Paytm Q2 FY22 Results: Revenue Up By 64% YoY, But Increasing Losses A Worrisome Sign
Paytm Q2 financial results are out! The fintech company announced its quarterly results for the 3-month period that ended 30 September 2021 on the weekend. Largely known for digital payments, Paytm losses increased to Rs 473.5 crore in the second...
Brief
Pay 5% GST on Auto Rides Booked Via Ola, Uber From Next Year
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If you frequently book auto from Ola or Uber, be ready to spend more on services availed. The government of India has decided to that auto-rickshaws offered through online platforms will be subject to GST of 5 percent from...
Brief
Future Retail Can’t Sell Its Assets To Reliance Retail: Singapore Tribunal
In a double victory for Amazon, the Singapore International Arbitration Centre (SIAC) has denied Future Retail's appeal to lift the temporary suspension of its Rs 24,700-crore deal to sell its assets to Reliance Retail, the Indian retail giant that is part of...
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Amazon’s Road To Profitability in India: Copy Products, Rigg Search Results To Promote Its Own Brands!
Amazon.com Inc has been repeatedly accused of copying other brands' products it sells through its website, and of using its massive collection of internal information to market products of its own brands at the cost of merchants.
Amazon, of course,...
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Driving Change in eCommerce: How Fintechs are Evolving to Deliver Digital Transformation For All
While many brick and mortar stores were left reeling in the immediate aftermath of the global lockdown measures brought on by the Covid-19 pandemic, the subsequent acceleration of digital transformation may yet lead to a fruitful future for stores...
Brief
Amazon, Flipkart Festive Season Sale 2021: Expected To Break All Previous Records
The much-awaited Indian festive season has finally kicked off on Sunday, October 3, 2021. India's two biggest e-commerce giants Flipkart and Amazon have begun their respective flagship sales, Big Billion Days and Great Indian Festival. Customers of Flipkart Plus...
Brief
Amazon Accounts For Much Bigger Share Of US eCommerce Market Than The Combined Share Of Rest Top 10 Players In 2021
Dazeinfo -
The unprecedented growth of the US eCommrce market is largely driven by none other than Amazon.com. The eCommerce behemoth has been dominating the market for years now and the latest data indicate that no single player would be able...
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Tech Layoffs in 2024 Showing No Sign of Slowing Down: Google and Tesla Among the Hardest Hit
When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19...
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