Friday, November 8, 2024

e-commerce

ED raids sellers linked to e-commerce giants Amazon and Flipkart 

E-Commerce
India's Enforcement Directorate (ED) conducted surprise raids on Thursday, November 7 at offices of sellers linked to Amazon and Flipkart, amid growing scrutiny of e-commerce platforms. Amazon & Flipkart sellers under radar due to violation of act According...

Zero-commission app WAAYU expands food delivery to Hyderabad

E-Commerce
Zero-commission food delivery platform, WAAYU, has started its services in Hyderabad and Secunderabad. Currently serving 500 restaurants, the startup plans to expand to over 3,000 restaurants, offering them increased reach at no extra cost. WAAYU to collaborate...

Reliance Retail partners with Californian brand YTTP to introduce vegan skincare items

Retail & Ecommerce
Reliance Retail’s Tira has announced the exclusive launch of California-based skincare brand Youth To The People (YTTP) in India. As the sole distributor, Reliance...

FSSAI plans discussions with quick commerce firms on sale of near-expiry food items

E-Commerce
Due to the current controversy about food safety at a Zomato warehouse, the Food Safety and Standards Authority of India (FSSAI) plans to meet...

Zomato CEO Deepinder Goyal clarifies vendor’s mistake on ‘future packing date’

Food Tech
A few days after reports claimed that a food safety raid at Zomato's Hyperpure warehouse in Hyderabad found 90 packets of button mushrooms with...

Magicpin cuts platform fee to INR 5 as Zomato, Swiggy raise charges

Retail & Ecommerce
Magicpin, a hyperlocal delivery service, has cut its platform fee to INR 5 per delivery, making it half the cost of what Zomato and...

Meesho slashes losses by 96.6% in FY24, orders surge by 36% YoY

E-Commerce
Meesho's operating revenues surged by 32.7%, reaching INR 7,615 Cr in FY24, up from INR 5,735 Cr the previous year. Meesho adjusted losses to INR...

Amazon partners with HPCL to promote Low Carbon Fuels

Retail & Ecommerce
Amazon India announced on Monday, October 28 that it has signed an initial agreement with Hindustan Petroleum Corporation Ltd to promote the development and...

Tata CLiQ teams up with Bvlgari to bring luxury products online in India

Luxury
Tata CLiQ Luxury, India's top luxury retail platform, has partnered with Bvlgari, introducing the iconic Roman jeweller to India's e-commerce market. This partnership will...

Flipkart Internet achieves 21% revenue growth, cuts losses by 41%

E-Commerce
Flipkart Internet, the marketplace arm of Flipkart, saw its revenue grow by 21% year-on-year to INR 17,907.3 Cr in FY24, as per Tofler's regulatory...

Bigbasket teams up with Tanishq for 10-Minute gold and silver coin deliveries

E-Commerce
For the festive season, bigbasket, a TATA company, has teamed up with Tanishq to offer exclusive gold and silver coins for Dhanteras. Customers can...

Swiggy’s $11.3 Bn IPO Opens on November 6

E-Commerce
The Initial Public Offering (IPO) of Swiggy is opening for subscription on November 6 and is scheduled to close on November 8, 2024. The...

Swiggy Partners with PharmEasy to Launch 10-Minute Medicine Delivery

E-Commerce
Swiggy has partnered with PharmEasy to deliver medicines in 10 minutes, as it aims to expand into the pharmacy sector. According to Moneycontrol, sources say...

Zomato now allows users to schedule orders up to ‘Two Days’ in advance

E-Commerce
Zomato has introduced a new feature called 'order scheduling', enabling customers to book their deliveries a minimum of two hours to a maximum of...
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