Online Retail
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FDI in Online Retail Will Help in Aggressive Growth: Amazon
Amazon, which operates on a marketplace model in India, is betting big on the country and has announced investment of $2 billion to expand its operations here.
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China's Alibaba Stalks Banks With Investment Product
As Chinese e-commerce giant Alibaba expands beyond online retail, it is shaking up staid state banks -- and drawing regulators' attentions -- after 100 million customers poured more than $90 billion into its investment product.
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Amazon Stops Some Disney Movie Preorders
Physical copies of titles such as "Maleficent" and "Captain America: The Winter Soldier" were unavailable for order on Amazon.com on Sunday. Digital copies of some of the movies in question were still available for pre-order.
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Online Retail Category Expands by 65%: Report
Apparel, health, home furnishings, fragrances and cosmetics are the few categories which have shown growth in the last 12 years, with apparel being the strongest with 66 per cent followed by fragrances and cosmetics at 12 per cent growth, according to a report by Assocham and comScore, titled 'State of E-commerce in India'.
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Flipkart Acquires Myntra To Take On Amazon
In India's biggest ever e-commerce deal, the country's largest online retailer, Flipkart, has acquired the biggest fashion retailer online - Myntra - in a deal estimated at around Rs 2,000 crore.
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Amazon Says Quick End Unlikely in Dispute With Hachette
Amazon.com Inc said on Tuesday it does not expect a swift end to its contract dispute with Hachette Book Group, which has led the US online retailer to curtail sales of some of the publisher's titles.
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Big Basket, Other Online Retailers Resume Partial Operations
There is some clarity on what is permissible during lockdown and assurances that law enforcement authorities will ensure safety of delivery staff.
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India's Online Retail Sector Likely to Touch $325 Billion Market Size by 2030: Deloitte Report
The country's online retail market size may touch $325 billion (roughly Rs. 26,65,081 crore) by 2030 against $70 billion (roughly Rs. 5,74,017 crore) in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday.
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Centre Taking Steps To Deal With Impact Of Big E-Retailers On Small Businesses: Piyush Goyal
Minister Piyush Goyal flagged concerns about the influence of big online retailers that is adversely impacting small players and said the government is taking steps to ensure consumers get good quality products at affordable prices.
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Amazon to Hire 100,000 More Workers in the US in Its Latest Job Spree This Year
Amazon.com on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic
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Microsoft To Permanently Close All Retail Stores, Move Operations Online
Microsoft said Friday it will close all of its stores and move its retail operations online, keeping just four locations and transforming them into "experience centers."
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Big Basket, Other Online Retailers Resume Partial Operations
There is some clarity on what is permissible during lockdown and assurances that law enforcement authorities will ensure safety of delivery staff.
-
Competition Commission Orders Probe Against Flipkart, Amazon
CCI has ordered a probe against Amazon and Flipkart against their alleged deep discounting and predatory pricing practices.
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India’s Online Retail Market To Cross $170 Billion By FY30: Jefferies
Currently, the total online retail in the country is pegged at $18 billion.
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Bezos Disputes Amazon’s Market Power. But His Merchants Feel the Pinch
Amazon captures 50 cents of every dollar spent online in the U.S. EBay Inc., its closest competitor, gets just six cents.
-
FDI in Online Retail Will Help in Aggressive Growth: Amazon
Amazon, which operates on a marketplace model in India, is betting big on the country and has announced investment of $2 billion to expand its operations here.
-
China's Alibaba Stalks Banks With Investment Product
As Chinese e-commerce giant Alibaba expands beyond online retail, it is shaking up staid state banks -- and drawing regulators' attentions -- after 100 million customers poured more than $90 billion into its investment product.
-
Amazon Stops Some Disney Movie Preorders
Physical copies of titles such as "Maleficent" and "Captain America: The Winter Soldier" were unavailable for order on Amazon.com on Sunday. Digital copies of some of the movies in question were still available for pre-order.
-
Online Retail Category Expands by 65%: Report
Apparel, health, home furnishings, fragrances and cosmetics are the few categories which have shown growth in the last 12 years, with apparel being the strongest with 66 per cent followed by fragrances and cosmetics at 12 per cent growth, according to a report by Assocham and comScore, titled 'State of E-commerce in India'.
-
Flipkart Acquires Myntra To Take On Amazon
In India's biggest ever e-commerce deal, the country's largest online retailer, Flipkart, has acquired the biggest fashion retailer online - Myntra - in a deal estimated at around Rs 2,000 crore.
-
Amazon Says Quick End Unlikely in Dispute With Hachette
Amazon.com Inc said on Tuesday it does not expect a swift end to its contract dispute with Hachette Book Group, which has led the US online retailer to curtail sales of some of the publisher's titles.
-
Big Basket, Other Online Retailers Resume Partial Operations
There is some clarity on what is permissible during lockdown and assurances that law enforcement authorities will ensure safety of delivery staff.
-
India's Online Retail Sector Likely to Touch $325 Billion Market Size by 2030: Deloitte Report
The country's online retail market size may touch $325 billion (roughly Rs. 26,65,081 crore) by 2030 against $70 billion (roughly Rs. 5,74,017 crore) in 2022, mainly due to rapid growth of e-commerce in tier-2 and tier-3 cities, according to a Deloitte India report released on Tuesday.
-
Centre Taking Steps To Deal With Impact Of Big E-Retailers On Small Businesses: Piyush Goyal
Minister Piyush Goyal flagged concerns about the influence of big online retailers that is adversely impacting small players and said the government is taking steps to ensure consumers get good quality products at affordable prices.
-
Amazon to Hire 100,000 More Workers in the US in Its Latest Job Spree This Year
Amazon.com on Monday said it is recruiting 100,000 more workers - the fourth hiring spree it has announced for the United States this year - to keep pace with e-commerce demand that jumped during the pandemic
-
Microsoft To Permanently Close All Retail Stores, Move Operations Online
Microsoft said Friday it will close all of its stores and move its retail operations online, keeping just four locations and transforming them into "experience centers."
-
Big Basket, Other Online Retailers Resume Partial Operations
There is some clarity on what is permissible during lockdown and assurances that law enforcement authorities will ensure safety of delivery staff.
-
Competition Commission Orders Probe Against Flipkart, Amazon
CCI has ordered a probe against Amazon and Flipkart against their alleged deep discounting and predatory pricing practices.
-
India’s Online Retail Market To Cross $170 Billion By FY30: Jefferies
Currently, the total online retail in the country is pegged at $18 billion.
-
Bezos Disputes Amazon’s Market Power. But His Merchants Feel the Pinch
Amazon captures 50 cents of every dollar spent online in the U.S. EBay Inc., its closest competitor, gets just six cents.
