General Elections 2024: As the General Elections 2024 are approaching in India, political excitement has spread in the e-commerce sector as well. Goods related to various political parties are being seen the most on e-commerce platforms. These online platforms offer all election related products ranging from Bharatiya Janata Party (BJP)’s ‘Kamal’ to old sea clocks, … Read more
Flipkart Valuation: The valuation of e-commerce company Flipkart has decreased by five billion US dollars or approximately Rs 41,000 crore in two years. This information has been received from the equity transactions of its American-based parent company Walmart. According to the change in Walmart’s equity structure in Flipkart, the valuation of the e-commerce company was … Read more
Flipkart Meesho E-commerce: Walmart Group company Flipkart continues to dominate the e-commerce segment with 48 percent market share. On the other hand, SoftBank-backed Meesho has emerged as the fastest growing e-commerce platform. meesho sales This information was given in a recent report by Alliance Bernstein. It said that Meesho is the fastest growing e-commerce platform … Read more
E-commerce Policy: Commerce and Industry Minister Piyush Goyal said that the proposed national e-commerce policy being prepared by the ministry is in the final stages and is expected to be announced very soon. The Department for Promotion of Industry and Internal Trade (DPIIT) had held detailed discussions on the proposed policy with representatives of e-commerce … Read more
New Tech Facility : In a major initiative, the Reserve Bank of India has started the Card-on-File (COF) token facility at the level of banks and other institutions. With its help, customers will be able to create a token of their debit or credit card and link it to their accounts of various e-commerce apps. … Read more
Director General of Foreign Trade Santosh Kumar Sarangi said that the e-commerce industry has suggested the government to allow foreign direct investment (FDI) in the ‘inventory’ based model of online business only for export purposes. In the ‘inventory-based model’, companies operating online keep their own goods and sell them directly to customers. Under the country’s … Read more
Customer Ordered Sony TV Worth 1 Lakh and Flipkart delivered Thomson TV : There are sales everywhere during the festive season. In such situations, many times customers get cheated. Yes, many times it happens in online shopping that a customer orders one product and gets something else delivered to him. Incorrect order placement and delivery … Read more
festive season online shopping sale Online Shopping: A large section of consumers have expressed their intention to do online shopping during the upcoming festive season and increase their spending this year. Nielsen Media gave this information in a survey conducted on behalf of Amazon India. 81 percent of consumers intend to make online purchases during … Read more
Domestic e-commerce company Flipkart said that it has set a target of providing more than one lakh seasonal (temporary) employment before the festive season. The company said that these recruitments will be done in its supply chain to meet the demand. Flipkart said in the statement that both direct and indirect employment will include local … Read more
Digital India Sale Independence Day Offer: Reliance Digital is all set to empower people with technology with its much awaited Digital India Sale. The mega event promises great deals and discounts on a vast range of cutting-edge electronics and gadgets till 15th August. Digital India Sale offers customers a whopping 10% instant discount up to … Read more