E-COMMERCE

With a view to tap the e-commerce market, leading chocolate and confectionery maker Mondelez India has tied-up with Amazon India to launch a virtual ‘Chocolate and Sweet Store’.  The Chocolate and Sweet Store will focus on the gifting segment and customise offerings for individual consumers. It will enhance the gifting portfolio. The strategic partnership with […]

E-commerce companies will now have to display the expiry dates and maximum retail prices of packaged food products under new rule designed to protect consumers from being sold old stuff. according to a survey, 96% customers agreed that commerce sites should mandatorily disclose manufacturing and expiry dates since many products received by them were due to expire in

AGTech Media is an online lottery firm listed on Hong Kong stock exchange, and Alibaba group Group holds a controlling stake in the company. Paytm is the leading mobile payment platform of India. Paytm and AGTech Media together will be investing $16 million in a joint venture to set up a gaming company in India.

In the past 8-10 months, e-tailers like Flipkart and Amazon have introduced their own private brands, which give them the selection control, sourcing and also the pricing. The online sellers association had launched a complaint to Competition-Commission of India against this. Flipkart, under its Smart-buy brand will be starting a franchisee network for its private

Magicbricks announced its extension of strategic partnership with Ola. This is an industry first pilot project, whereby prospective home buyers on Magicbricks availed free rides to find the right home. After a successful pilot in Bengaluru and Pune, the companies are now planning to extend their partnership to other cities as well. Ola with its

India’s leading e-commerce giant, Amazon announced the setting up of 16 ‘GST Cafes’ across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process. Under this program, sellers will be able to walk into the cafe and get training and guidance from trained resources and experts for navigating their accounts and

Amazon is pumping in more capital into its payment arm as it looks to expand its operations in India and compete with the likes of Paytm and Flipkart. Rs130 crore have been invested in Amazon Pay India. This has been done to make digital payments the most trusted and convenient choice for their customers. Amazon

Many new entrants tap ecommerce companies for market research as ecommerce platforms provide specific insights that these new entrants might be lacking. iVooMi, Chinese smartphone maker, and Flipkart have been working together to understand the sales of smartphones in rural market in India. The company, along with internal marketing research and Flipkart’s data points, is

Before, the foreign direct investment proposals were approved by the Foreign Investment Promotions Board, which is now abolished and now it is approved by the commerce and industry ministry. Currently, the government has allowed 100% FDI in the food processing sector which means any foreign company can open its wholly owned subsidiary and retail food

An e-commerce site, offering the best in terms of online shopping, from priciest labels to tips from experts, recently shut down. Analysts opined that it was less about the fact that it was online and more about the lack of some elites like Louis Vuitton, not choosing to resort to it. Some customers prefer luxury