Page 2 - E-commerce Firms
Piaggio, Jio-bp in talks with e-commerce players for EV infrastructure
Diego Graffi, chairman and managing director of Piaggio Vehicles, says the tie-up will provide vehicles and infrastructure to these firms
 "Piaggio, Jio-bp in talks with e-commerce players for EV infrastructure")
Super app war: Adani, Tata and Reliance Industries go on acquisition spree
The conglomerates are planning to offer personal loans, travel bookings, and movie tickets to create a consolidated digital platform that will support their existing offline businesses, say bankers
 "Super app war: Adani, Tata and Reliance Industries go on acquisition spree")
10-minute grocery delivery app Zepto comes out of stealth, raises $60 mn
Zepto was founded by two 19-year-old Stanford dropouts and includes investors like Glade Brook, Nexus, Lachy Groom, Y Combinator and Global Founders Capital
 "10-minute grocery delivery app Zepto comes out of stealth, raises $60 mn")
Amazon empowers thousands of sellers during its month-long festive event
Close to 30,000 sellers became Lakhpatis; 70% of the sellers that made a sale were from non-metros; Over 330 Local shop owners became Lakhpatis
 "Amazon empowers thousands of sellers during its month-long festive event")
Hyperlocal ecommerce start-up LoveLocal raises $18 mn in pre-Series B round
The company claimed that this is the largest round ever raised by a solo woman tech founder in India
 "Hyperlocal ecommerce start-up LoveLocal raises $18 mn in pre-Series B round")
Flipkart, FPOs tie up to facilitate market access for farming communities
Through these pact, Flipkart has been sourcing and bringing pulses, staples and whole spices onto its platform, impacting thousands of livelihoods of the farmer community
 "Flipkart, FPOs tie up to facilitate market access for farming communities")
Meesho charts disruptive strategy, to deliver free in non-tier 1 towns
The move is expected to challenge the big players in the sector which include Jio Mart, Tata's Big Basket, Amazon, Grofers, and others
 "Meesho charts disruptive strategy, to deliver free in non-tier 1 towns")
E-tailers drive festive season sales for consumer goods makers
From packaged foods to home appliances and personal electronics, most consumer goods categories have registered 10-15 per cent growth over last year
 "E-tailers drive festive season sales for consumer goods makers")
E-commerce firms clock $2.7 bn in sales in first four days of festive sale
E-commerce firms are on track to achieve $4.8 billion gross merchandise value
 "E-commerce firms clock $2.7 bn in sales in first four days of festive sale")
Myntra poised to become India's largest beauty and personal care player
The segment is a major driver of new customer acquisition for the Walmart-owned firm, as vaccination penetration rises and more people venture outdoors
 "Myntra poised to become India's largest beauty and personal care player")
Boom time: 31 and counting, happy hour for India's unicorn club
The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen
 "Boom time: 31 and counting, happy hour for India's unicorn club")
US-based Poshmark enters India's booming circular fashion industry
US social commerce marketplace Poshmark is the latest to enter a growing space for pre-loved fashion
 "US-based Poshmark enters India's booming circular fashion industry")
Meesho to host biggest festival sale event after crossing $4.9 bn valuation
Social e-commerce startup says shopping gala will help local businesses across country to sell online.
 "Meesho to host biggest festival sale event after crossing $4.9 bn valuation")
Proposed e-commerce policy to be balanced, with robust framework: Goyal
Union minister Piyush Goyal on Sunday assured that every stakeholder's interest will be taken into consideration while framing e-commerce policy which would be robust and in interest of every Indian
 "Proposed e-commerce policy to be balanced, with robust framework: Goyal")
E-tail giants up against a brick-and-mortar wall
From accusations of circumventing domestic laws to grappling with a changing policy landscape, doing business in India hasn't been an easy ride
 "E-tail giants up against a brick-and-mortar wall")
Amazon, Flipkart see strong start to festive season sale
E-commerce majors Flipkart and Amazon India on Sunday said they have witnessed a strong start to this year's festive sale, with demand from tier-II and -III cities driving the momentum
 "Amazon, Flipkart see strong start to festive season sale")
Amazon clarifies to govt on reported legal fee of Rs 8,546cr during 2018-20
Amazon has clarified to the government on its reported legal fee, saying the expense includes professional fee as well, according to sources
 "Amazon clarifies to govt on reported legal fee of Rs 8,546cr during 2018-20")
Beauty brand MyGlamm unveils Good Glamm Group, raises Rs 255 cr in Series C
With a Rs 750-crore war chest, the Good Glamm Group will also make strategic investments in innovative beauty and personal care brands
 "Beauty brand MyGlamm unveils Good Glamm Group, raises Rs 255 cr in Series C")
Unicommerce managing over 1 mn daily transactions, $5 bn in GMV annually
Unicommerce aims to get over 2000 brands on board in the current financial year
Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny
The e-commerce giant, which made the purchase only nine months ago, is seeking a waiver from a one-year lock-up agreement, the filing showed.
 "Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny")
