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Sunday, September 29, 2024

Tag: ecommerce

Nykaa accelerates same-day and next-day deliveries, achieves 60% fulfillment rate in 110 cities

As the quick commerce sector intensifies, beauty and fashion e-commerce giant Nykaa ͏͏͏ha͏͏s s͏tep͏pe͏d͏͏ ͏͏u͏p͏ it͏s sam͏e-͏d͏ay͏ a͏n͏d͏ next͏͏-day d͏el͏i͏ver͏y serv͏ice͏s ͏w͏͏͏h͏ile a͏l͏so exp͏͏andi͏ng...

Amazon opens three new fulfillment centres ahead of festive season sale

Ahead ͏of͏ th͏e͏ fe͏sti͏v͏e s͏ea͏s͏o͏n, ͏Amazon India ͏h͏a͏s s͏e͏t͏ u͏p͏ ͏thr͏e͏e new fu͏lfill͏m͏ent͏ c͏ent͏r͏e͏s͏ ͏in Del͏hi͏ N͏CR͏, ͏Guw͏aha͏t͏i, ͏and ͏P͏atn͏a, boos͏ti͏n͏g͏ s͏upp͏o͏rt͏ fo͏r͏ mo͏re͏...

Myntra’s GenZ customer base doubles to 16 Mn in 2024

Lifestyle e-commerce platform Myntra has doubled its GenZ customer base to 16 million in 2024, up from over 8 million in mid-2023. This growth...

Quick commerce players ramp up 24×7 deliveries to meet festive season demand

Quick commerce platforms are ramping up their 24x7 delivery services for the festive season to meet consumer demand around the clock, executives said. This...

Flipkart, Amazon to kick off major festive sales from September 26

Under investigation by the Competition Commission of India (CCI), ecommerce giants Amazon and Flipkart are set to begin their annual festival season sales on...

Myntra trials 4-hour delivery service in four Indian cities as quick commerce sector booms

As quick commerce gains traction, fashion ecommerce giant Myntra is reportedly testing a four-hour delivery service in four Indian cities, including Bengaluru and New...

Bizongo appoints new leadership to drive growth in raw materials and supply chain finance

B2B e-commerce platform Bizongo is strengthening its leadership with new CEOs for its raw material marketplace BizongoBuy and its embedded supply chain finance platform...

Non-metro cities lead e-commerce growth in India, driving 60% of orders: Report

Non-metro cities in India are driving the growth in e-commerce orders, with at least 60 per cent of online purchases originating from tier 2...

Amazon India creates over 1.1 lakh seasonal jobs ahead of festive season

With the festive season approaching, Amazon India stated that it has created over 1.1 lakh seasonal job opportunities across the country. In a statement on...

Nykaa issues equity shares worth INR 15.9 Cr under ESOP schemes

Beauty and fashion e-commerce startup Nykaa has allocated 7.65 lakh equity shares under its employee stock option (ESOP) schemes. In an exchange filing, the startup...

Kotak downgrades Nykaa to ‘Sell’, lowers fair value estimate to INR 190

Kotak Institutional Equities has downgraded Nykaa, a leading beauty and fashion e-commerce company, to a 'sell' rating from its previous 'add' rating and reduced...

60% of consumers plan to boost online shopping budgets this festive season: Meesho Survey

Over 60% of mass consumers plan to increase their online shopping budgets this festive season, boosting e-commerce adoption in tier 2 cities, according to...

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