E Commerce

E Commerce News

Explained: The open e-commerce network ONDC that Flipkart, Amazon and others are planning to join
Business

Explained: The open e-commerce network ONDC that Flipkart, Amazon and others are planning to join

The Open Network for Digital Commerce (ONDC) is a network of several small and large-scale offline and online traders. Even though it is in a nascent stage, it is being pitched as a solution to break the dominance of large e-commerce firms

Shaheen Bagh drugs case: NCB arrests one more person from Laxmi Nagar, total five nabbed till now
India

Shaheen Bagh drugs case: NCB arrests one more person from Laxmi Nagar, total five nabbed till now

On Thursday, NCB said it seized about 50 kg of 'high-quality' heroin packed in Flipkart and other e-commerce companies' wrappers, following raids at a residential premise in the Shaheen Bagh-Jamia Nagar and it claimed to have unearthed an Indo-Afghan drug-smuggling racket

Zomato to Swiggy: In internet’s winner takes all model, innovation and growth take backseat
India

Zomato to Swiggy: In internet’s winner takes all model, innovation and growth take backseat

Sooner or later Zomato and Swiggy, the only ones left in the food aggregation business, will consider a merger. Because, they have a common shareholder, SoftBank

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations
Business

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations

The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.

National Retail Trade Policy: How Centre seeks to change retail trading in the country
Business

National Retail Trade Policy: How Centre seeks to change retail trading in the country

As the nation battles the coronavirus pandemic with the emergence of new COVID-19 variants like Omicron, the significance of retail supply chains becomes clear in ensuring essentials are available across the entire country.

Proposed e-commerce regulations 'lack definitive structure', could negatively impact consumer interest
News & Analysis

Proposed e-commerce regulations 'lack definitive structure', could negatively impact consumer interest

The draft e-commerce rules released by the government on 21 June proposes to ban fraudulent flash sales and mis-selling of goods and services on e-commerce platforms.

E-commerce has a key role to play in tackling India's greatest concern: Lack of jobs
Business

E-commerce has a key role to play in tackling India's greatest concern: Lack of jobs

E-commerce is providing opportunities to a new generation of digital entrepreneurs, who have been forced to start their own businesses following job losses.

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?
Business

Explained: Will proposed e-commerce rules do away with flash sales, boost Make In India?

Along the lines of the grievance officers that social media platforms are required to appoint an India, e-commerce platforms, too, will be mandated to create the roles of a chief compliance officer, nodal contact person, and resident grievance officer

Ban on mis-selling, fraudulent flash sales and other changes to e-commerce rules proposed by govt
News & Analysis

Ban on mis-selling, fraudulent flash sales and other changes to e-commerce rules proposed by govt

Ban on misleading users by manipulating search results, appointment of chief compliance officer and resident grievance officer are some of the other amendments being proposed.

Google aims to be the anti-Amazon of e-commerce; it has a long way to go
News & Analysis

Google aims to be the anti-Amazon of e-commerce; it has a long way to go

Google is trying to present itself as a cheaper and less restrictive option for independent sellers.

Older shoppers become big spenders online as COVID-19 accelerates digital transformation among seniors
World

Older shoppers become big spenders online as COVID-19 accelerates digital transformation among seniors

The internet has become a crucial link to the outside world during the pandemic, one that millions of people still don’t have access to.

Union Budget 2021: Govt may announce steps to promote e-commerce exports and imports, say sources
India

Union Budget 2021: Govt may announce steps to promote e-commerce exports and imports, say sources

Ajay Sahai of the Federation of Indian Export Organisation, said extending bulk clearance is a good idea that would help reduce transaction cost

Snapdeal revenue rises marginally to Rs 846 crore in the financial year 2019-2020
News & Analysis

Snapdeal revenue rises marginally to Rs 846 crore in the financial year 2019-2020

The e-commerce platform reported that the total revenue fell marginally by Rs 916 crore in FY20, versus Rs 925.3 crore in FY19.

Flipkart bets on Tier 3 Plus markets as it registers 65 percent new user growth in the 'Unlock' phase
Business

Flipkart bets on Tier 3 Plus markets as it registers 65 percent new user growth in the 'Unlock' phase

The company saw an increase of 65 percent in new users in the Unlock phase from Tier 3 markets and regions.

Flipkart India revenue up 12 percent in the financial year 2020 even as losses drop 18 percent
Business

Flipkart India revenue up 12 percent in the financial year 2020 even as losses drop 18 percent

E-commerce giant Flipkart sees not only a rise in revenue but also expenses for the financial year 2020.

Amazon Great Indian Festival Sale, Flipkart Big Billion Days Sale announced
News & Analysis

Amazon Great Indian Festival Sale, Flipkart Big Billion Days Sale announced

It is expected that Amazon Great India Festival will feature the OnePlus 8T 5G that will debut on 14 October.

Amazon, Flipkart considering asking sellers to list country of origin on products: Report
News & Analysis

Amazon, Flipkart considering asking sellers to list country of origin on products: Report

The move comes amid India's efforts to single out Chinese-made products and cut down on their import.

Coronavirus Outbreak: The pandemic spells big opportunities in e-commerce and logistics
News & Analysis

Coronavirus Outbreak: The pandemic spells big opportunities in e-commerce and logistics

Correspondents in the e-commerce industry believe that the transaction volumes in verticals will be higher than the pre-COVID levels by September 2020.

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply
Business

Govt rejects Flipkart's proposal for entering food retail sector, company says will re-apply

The Department for Promotion of Industry and Internal Trade (DPIIT) has rejected Walmart-backed Flipkart’s proposal seeking approval for entry to the food retail sector citing a regulatory issue, an official said on Monday

Paytm Mall moves operations to Bengaluru; appoints Abhishek Rajan as chief operating officer
Business

Paytm Mall moves operations to Bengaluru; appoints Abhishek Rajan as chief operating officer

Paytm Mall (owned by Paytm Ecommerce Private Limited) on Monday said it has announced the appointment of Abhishek Rajan as the new Chief Operating Officer of the company