E-commerce Firms

Department of Consumer Affairs to hold meeting with e-commerce entities and stakeholders on Friday to discuss magnitude of fake reviews and prepare a roadmap ahead

The firm said it focused on creating a robust infrastructure to help Indian businesses address customers in over 200 countries and territories

Amazon's e-commerce business also reported an operating loss of $1.57 billion in North America and $1.28 billion internationally

The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.

Last week, firm said it was integrating grocery biz within the core app to offer users unified shopping while driving stronger synergies across customer acquisition, technology, product and talent

Described as a "super-app" and in the pipeline since at least mid-2020, the website called it "a unified platform that connects several brands across the Tata universe like never before"

Valuation demands of around 10x of revenue had become way too common despite the fact that consumer brands are fundamentally different from tech businesses.

FirstCry, formally known as BrainBees Solutions Pvt, runs an online store featuring products for children and expecting mothers

Contribution jumped from 2% to 20% in one year after the launch of the beta version, says start-up.

In 2021, udaan witnessed a huge surge in business across essentials category adding over 300,000 new retailers and a repeat purchase rate of over 94 per cent.

Digital commerce platform Meesho said it aims to onboard more than 450 people this year to strengthen its technology team.

Besides growing tech and digital enhancements, these firms are ramping up hiring of more delivery partners and reinforcing existing covid protocols

From a location perspective, the last quarter saw Kolkata and Gurgaon as top regions for employment in these sectors and among roles, sales and office services stood out, says report

GlobalBees was founded in May 2021 and has built a diverse portfolio of companies across categories.

Founded in 2017, LilPicks has grown rapidly over the past four years and offers trendy, quality, designer, and affordable clothing, and accessories for children

The changes come as Alibaba faces headwinds on multiple fronts, including increased competition, a slowing economy and a regulatory crackdown

Company says US e-com major showed disregard to Indian law by walking out of CCI proceedings

E-commerce firm Grofers plans to open 150 dark stores by December, taking the total count to 350, for quick commerce to deliver orders in about 10 minutes, the company's co-founder said Wednesday.

Nandita Sinha has 17 years of experience in Consumer Internet and FMCG space and is currently associated with Flipkart as Vice President, Consumer Growth and Marketing

2021 saw India witness its biggest ever Festive Sales with brands clocking a GMV of $9.2 bn through online channels over this period.