Indian ecomm fast outpacing offline retail, set to touch $230B by 2028


The Indian e-commerce marketsize is likely to reach $230 billion in a decade as it's outpacing the offline retail segment's growth, according to a report released on Tuesday. The Indian e-commerce marketsize is likely to reach $230 billion in a decade as it's outpacing the offline retail segment's growth, according to a report released on Tuesday. "The Indian e-commerce... Continue Reading →

IKEA forays into ecommerce in India


IKEA has launched its online delivery system ahead of the opening of its first physical store in Mumbai, India. After its first Indian store opened in Hyderabad in 2018, the retailer is expanding to Turbhe, Navi Mumbai, reversing its previous strategy of launching the online market with the opening of the store. The Navi Mumbai outlet... Continue Reading →

Casio sues Snapdeal, e-sellers over fake products


The Tis Hazari court in Delhi has restrained Snapdeal and the other accused parties from selling, displaying and advertising goods bearing the Casio trademark. Japanese consumer electronics giant Casio has sued online retailer Snapdeal and sellers on its platform for allegedly selling counterfeit versions of the brand’s products such as watches and calculators. As a result, the Tis Hazari court in the national capital has... Continue Reading →

Amazon invests Rs 51 Cr in Quess Corp


The investment will be going into the company’s subsidiary Qdigi Services, which provides after sales services for smartphones and other consumer electronics and durables. Amazon is investing Rs 51 crore in Quess Corp, a provider of logistical, staffing and infrastructural solutions to businesses, for a 0.51% stake, the company disclosed in a regulatory filing. The investment will... Continue Reading →

How women are sidelined in India’s e-commerce growth?


India’s internet commerce is seeing explosive growth. But that growth has been mostly driven by what men want, with little less focus on the requirements of women Sharanya travels thrice a month on work. Over the last two years, her life has become much easier with the proliferation of cheaper smartphones and mobile internet, enabling frequent... Continue Reading →

Dubai firm to transform Asia’s biggest slum


DUBAI: A UAE consortium led by Dubai-based SecLink group has clinched the deal to give a multibillion dollar facelift to one of the world’s largest slum settlements. In an exclusive interview to Gulf News, SecLink group’s chairman and managing director Nilang Shah said they have secured the bid to transform Mumbai’s Dharavi, which sprawls 2.4 kilometres... Continue Reading →

Online food delivery wars are moving from India to Bharat


Muktsar in Punjab, with a population of 1.5 lakh, is not a city one would think would be on the radar of India’s big internet companies that are helping restaurants deliver to homes through mobile applications. But it is. For two reasons. One, it is the city where online food delivery and restaurant discovery company Zomato’s founder... Continue Reading →

Amazon’s second headquarters clears blocks in Virginia funding vote


WASHINGTON - Amazon.com Inc's planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in November picked National Landing, a site jointly owned by Arlington County and the city of Alexandria, just outside Washington, along with New York Cityfor its... Continue Reading →

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