Thursday, November 21, 2024

E-Commerce

GCPL, Dabur, Marico: FMCG Majors face margin pressure as palm oil, advertising and input costs rise

Major FMCG companies predict that rising palm oil prices, higher input costs, and increased advertising and promotion expenses will affect their margins and profits...

Myntra sees 1.5 Mn new customers, 390 Mn visits during festive sale

Fashion and lifestyle e-commerce platform Myntra recorded 390 million customers during its festive season sale, onboarding over 1.5 million new users,͏͏ with͏͏ more͏͏ than͏͏...

Govt to crack down on quick commerce firms over non-compliance with mandatory disclosures

The government plans to take action against quick commerce companies after receiving several consumer complaints about their lack of mandatory disclosures,͏͏ such͏͏ as͏͏ expiry͏͏...

Amazon teams up with Startup India to empower startups through e-commerce

Amazon India has teamed up with Startup India to launch several initiatives aimed at empowering startups to develop and expand their businesses through e-commerce.“Amazon͏͏...

D2C brand Mamaearth partners with Meesho to strengthen presence in tier 3 and beyond markets

Beauty and personal care brand Mamaearth has joined forces with e-commerce platform Meesho to broaden its reach in tier 3 and smaller markets.5x͏͏ Growth͏͏...

Nykaa enters quick commerce fray with 10-minute delivery pilot in Mumbai

Nykaa, the listed beauty marketplace, is reportedly planning to enter the quick commerce sector to reclaim market share from competitors such as Blinkit, Zepto,...

magicpin records 1.5 lakh daily food and logistics orders on ONDC

Hyperlocal delivery startup magicpin is recording 1.5 lakh daily food and logistics orders on the govt-backed Open Network for Digital Commerce (ONDC).In͏͏ a͏͏ statement,͏͏...

Reliance Retail targets quick commerce market with JioMart, taking on Blinkit and Swiggy Instamart

Reliance Retail is making moves to enter the rapidly growing quick commerce sector, intensifying competition against Zomato's Blinkit, Swiggy Instamart, and BigBasket. The͏͏ nation's͏͏...

Blinkit introduces new option for businesses to add GSTIN dring purchases

Zomato-owned Blinkit has launched a new feature enabling businesses to add their goods and services tax identification number (GSTIN) when making purchases on the...

Nykaa reports mid-twenties revenue growth in Q2; fashion vertical faces slowdown

Nykaa, a leading beauty and fashion ecommerce platform, has reported a consolidated net revenue growth in the "mid-twenties" for the second quarter of FY25.In͏͏...

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