E Commerce Sector

E Commerce Sector News

Coronavirus outbreak: FMCG firms limit operations only to essential items; Amazon, Walmart to stop non-essential sales
Business

Coronavirus outbreak: FMCG firms limit operations only to essential items; Amazon, Walmart to stop non-essential sales

As various state governments issue notifications, the FMCG firms are in discussions with them to ensure that manufacture and distribution of essential products are streamlined

Microsoft boss Satya Nadella plans to visit India later this month; likely to meet Narendra Modi, senior industry leaders
Business

Microsoft boss Satya Nadella plans to visit India later this month; likely to meet Narendra Modi, senior industry leaders

A visit by Nadella would be in the midst of the government taking a tougher stance against foreign technology firms competing in domestic market by drafting laws aimed at more tightly-controlled cross-border data flows.

Walmart sacks around 56 executives in India restructuring, focus to be shifted to e-commerce; firm to delay opening of new wholesale stores
Business

Walmart sacks around 56 executives in India restructuring, focus to be shifted to e-commerce; firm to delay opening of new wholesale stores

The move underscores the struggles Walmart has faced in expanding its wholesale business in India.

E-commerce curbs could hit online sales by $46 billion by 2022, says PwC draft analysis
Business

E-commerce curbs could hit online sales by $46 billion by 2022, says PwC draft analysis

E-commerce firms in India will from 1 February not be able to sell products via companies in which they have an equity interest or push sellers to sell exclusively on their platforms.

New FDI policy on e-commerce: Vendor cannot purchase more than 25% of products from e-tailer's group companies
Business

New FDI policy on e-commerce: Vendor cannot purchase more than 25% of products from e-tailer's group companies

There is no cap in case the vendor sells the procured goods on other e-commerce platforms which do not hold a stake in the said firm.

E-commerce in India: Over 50 million consumers stopped shopping online after their first purchase, says study
Business

E-commerce in India: Over 50 million consumers stopped shopping online after their first purchase, says study

A language barrier reportedly discourages many online shoppers, as most e-commerce platforms are in English, and at times in Hindi.

Govt's draft e-commerce policy has come three years late; may disappoint foreign investors targeting the sector: Experts
Business

Govt's draft e-commerce policy has come three years late; may disappoint foreign investors targeting the sector: Experts

Industry observers opine that India's upcoming e-commerce policy is three to five years late. Is it an India-first policy that aims to protect local interests?

Government in process of framing rules to regulate e-commerce sector, says Ram Vilas Paswan
Business

Government in process of framing rules to regulate e-commerce sector, says Ram Vilas Paswan

While e-commerce in India is growing at an annual rate of 51 percent, the laws regulating the digital marketplaces are still evolving, Paswan said

Walmart's $16 bn investment in Flipkart could negatively impact US retail giant's earnings per share in FY19
Business

Walmart's $16 bn investment in Flipkart could negatively impact US retail giant's earnings per share in FY19

After months of discussions, Walmart had announced the mega deal to pick up 77 percent stake in Flipkart Group holding company that is registered in Singapore.

After Flipkart, SoftBank could raise its stake in e-commerce underdog Paytm Mall; discussions underway
Business

After Flipkart, SoftBank could raise its stake in e-commerce underdog Paytm Mall; discussions underway

In April, SoftBank had invested around Rs 2,600 crore ($400 billion) for a 21 percent stake in Paytm Mall,

Walmart to pay $16 billion for 77% of Flipkart: US retailer expected to jump in the driver's seat in 18 months
Business

Walmart to pay $16 billion for 77% of Flipkart: US retailer expected to jump in the driver's seat in 18 months

Once the deal closes, Flipkart will be able to invest without having to worry about the purse strings.

Walmart's looming acquisition of Flipkart will be a game changer for e-commerce in India; merger to boost job creation
Business

Walmart's looming acquisition of Flipkart will be a game changer for e-commerce in India; merger to boost job creation

Going by the recent news reports, US retail giant Walmart may soon foray into the e-commerce sector by acquiring a stake in Flipkart.

Festival season sales: E-commerce is battling note ban, GST blues; Paytm Mall may just muddy the waters more
Business

Festival season sales: E-commerce is battling note ban, GST blues; Paytm Mall may just muddy the waters more

Flipkart may find it hard to spend as match as Paytm and for the new entrant, it is a desperate game for customer acquisition

Online recruitment increased by 14 percent over same period last year: Monster.com
News & Analysis

Online recruitment increased by 14 percent over same period last year: Monster.com

The survey showed city-wise e-recruitment activity exceeded the year-ago level in 7 of the 8 cities monitored by Monster.com.

IITs wrong in banning startups; protectionism has no place in free economy
Business

IITs wrong in banning startups; protectionism has no place in free economy

Every 8-10 years, one sector booms and makes a beeline to IITs and other elite institutions with attractive job offers. The educational institutions need to remember that risk is part and parcel of any job

Amazon's $3 bn will give Flipkart, Snapdeal the nightmares. Here's why
Business

Amazon's $3 bn will give Flipkart, Snapdeal the nightmares. Here's why

It is interesting times ahead for the Indian e-commerce.

From pressure to perform to heavy top deck: Here's what is wrong at Flipkart
Business

From pressure to perform to heavy top deck: Here's what is wrong at Flipkart

E-commerce sector is transitioning and when a business model transitions, it goes through a high rate of churn, say analysts

Here is why Mukesh Bansal quitting Flipkart is not really the news
Business

Here is why Mukesh Bansal quitting Flipkart is not really the news

The news may be surprising to the media, say analysts, but it is a planned move well-orchestrated by Flipkart and its investors.

PE investments surge to a record 8-year high at $17.5 bn in 2015
Business

PE investments surge to a record 8-year high at $17.5 bn in 2015

At $17.5 billion, PE investments registered a jump of 34% over calendar year, 2014, which saw $13 billion invested across 560 deals