Reliance Industries: Riding on clicks and bricks
Reliance plans to launch a unique physical-digital retail business platform that is already being piloted across India and is expected to be rolled out nationally in the coming years.
online retail
August 2019
April 2019
March 2019
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January 2019
Urban Ladder eyes a profit this quarter
The furniture retailer’s CEO and co-founder Ashish Goel says the company’s decision to cut overheads and lay off some employees will see it turn a profit before tax in the April-June quarter.
Will Google be Amazoned?
With more than 50% of product searches now originating on Amazon, Google has a reason to be worried.
Amazon India: Up and running
Amazon India’s smooth ride may have faced a bump in the form of the revised e-commerce norms, but the company has taken it in its stride and is aggressively courting new customers.
Global e-commerce sales surged to $29 trillion: UNCTAD
With $400 billion in revenue, India holds the ninth position in a ranking of countries by e-commerce sales.
BigBasket joins unicorn club
The company is set to raise $160 million in a new funding round from foreign investors, making it the latest entrant to the $1 billion valuation club.
Government eases angel tax norms
The definition of startups has been widened, union minister Suresh Prabhu said on Twitter.
Flipkart dismisses Morgan Stanley report
In an internal email to employees, Kalyan Krishnamurthy, chief executive of Walmart-backed Flipkart, says Walmart is unfazed by any short-term hurdles.
‘90% of car-buyers pick their ride after Internet research’
The trend is on the rise in smaller cities and towns, too, leading to a fall in footfall in bricks-and-mortar dealerships, a study by Google and Kantar TNS found.
Ananth Narayanan steps down as Myntra and Jabong CEO
The fashion retailer has abolished the position of CEO and named Amar Nagaram as head, Myntra and Jabong.
