Sunday, November 24, 2024

e-commerce

Blinkit to outgrow Zomato within a year, says CEO Deepinder Goyal

Zomato Co-Founder and chief executive Deepinder Goyal stated on Monday that the company’s quick-commerce platform Blinkit will outgrow its mainstay food-delivery business within a...

After Amazon, ITC becomes second company to utilize inland waterways for FMCG transport

ITC has become the second company, after Amazon, to employ inland waterways for commercial transport, as per an official statement.The statement added that ITC...

Decathlon charts a new course with revamped brand identity and global strategy

Decathlon, the global sports goods company, is embracing a new strategy focused on digital innovation, sustainability, and promoting health and diversity.The new strategy hones...

Meesho announces its largest ever ESOP buyback, allocating INR 200 Cr for employees

Meesho has announced an Employee Stock Ownership Plan (ESOP) buyback program of INR 200 crore (approximately $25 million), marking it as the company’s largest...

Magicpin ventures into logistics aggregation with launch of ‘Velocity’ platform

Magicpin, a hyperlocal e-commerce startup, has expanded its services into the logistics aggregation vertical with the launch of its new platform 'Velocity', as announced...

Survey finds 80% of D2C businesses yet to achieve profitability; only 12% report profits

A recent survey conducted by MMA India and Publicis Commerce reveals that 80% of direct-to-consumer (D2C) businesses have not achieved profitability, with 63% reporting...

Westside to amp up beauty portfolio and strengthen e-commerce presence

Westside, a retail establishment under Tata's Trent, is poised to broaden its beauty offerings while simultaneously boosting its presence in the e-commerce sphere, according...

New PwC study shows divergent online shopping habits across India’s urban-rural spectrum

While it may appear otherwise, online shopping is no longer confined to metropolitan areas. With increasing digital literacy and widespread internet access, smaller cities...

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