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New ‘enabler’ startups emerge as quick commerce gains traction
A new wave of 'enabler' startups is reshaping India's fast-growing quick commerce (Qcomm) ecosystem. This transformation is driven by the rapid expansion of hyperlocal...
Nykaa completes acquisition of additional 39% stake in Dot & Key for INR 265.3 Cr
Nykaa, a leading player in beauty and e-commerce, has completed the acquisition of an additional 39% stake in Kolkata-based skincare brand Dot & Key...
Myntra expects 1.6-fold increase in traffic during upcoming Big Fashion Festival
Fashion and lifestyle e-commerce platform Myntra anticipates͏͏ a͏͏ 1.6-fold͏͏ increase͏͏ in͏͏ traffic͏͏ during͏͏ its͏͏ festive͏͏ sale,͏͏ the͏͏ Big Fashion Festival (BFF),͏͏ compared͏͏ to͏͏ regular͏͏...
Amazon India unveils AI chatbot Rufus ahead of Great Indian Festival sale
Ahead of its annual Great Indian Festival sale, e-commerce giant Amazon India has unveiled Rufus,͏͏ a͏͏ generative͏͏ AI-powered͏͏ conversational͏͏ shopping͏͏ chatbot.The͏͏ company͏͏ aims͏͏ to͏͏...
Amazon’s home, kitchen, and outdoors category sees 25-27% CAGR over three years
The Home, Kitchen, and Outdoors category at Amazon India has͏͏ seen͏͏ a͏͏ 3-year͏͏ compound͏͏ annual͏͏ growth͏͏ rate͏͏ (CAGR)͏͏ of͏͏ 25-27%,͏͏ according͏͏ to͏͏ K.N. Srikanth,͏͏...
Nykaa strengthens GCC footprint with new subsidiary Nysaa Trading LLC in Saudi Arabia
As part of its strategy to expand internationally, beauty and fashion e-commerce giant Nykaa has established a wholly-owned subsidiary in Saudi Arabia, named Nysaa...
E-commerce sales in India expected to hit $12 Bn this festive season, up 23% from last year
E-commerce companies and online sellers are͏͏ projected͏͏ to͏͏ deliver͏͏ merchandise͏͏ valued͏͏ at͏͏ $12͏͏ billion͏͏ to͏͏ consumers͏͏ in͏͏ India͏͏ this͏͏ festive͏͏ season,͏͏ marking͏͏ a͏͏ 23%͏͏...
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...