E-Commerce
- Business
Myntra’s EORS-18 concludes with record 50% new customer growth over previous June edition
New Delhi: The 18th edition of Myntras biannual fashion carnival, the End of Reason Sale (EORS), which was held between June 1-11, witnessed yet another successful edition with millions of shoppers flanking…
- Technology
Indian researchers uncover Android malware impersonating BFSI, e-com apps
New Delhi: Indian researchers have uncovered a sophisticated malware campaign known as DogeRAT (Remote Access Trojan), which is being carried out through the distribution of fake Android apps designed to look like…
- Business
Inspired by film, engineer steals $300K from e-commerce site
San Francisco: A former software engineer of the US-based e-commerce website Zulily, has been charged with stealing over $3,00,000 from the site after allegedly being inspired by the 1999 film ‘Office Space’.…
- Business
Amazon secures $8 bn loan to safeguard against economic headwinds
San Francisco: E-commerce giant Amazon has secured $8 billion in Term Loan from DBS Bank, Mizuho Bank and others, that will be used for “general corporate purposes”. In a filing with the…
- Business
Global e-commerce revenue drops $250 bn in 2022
New Delhi: After registering years of impressive growth, global e-commerce revenue sank $250 billion (year-over-year), falling from $3.84 trillion in 2021 to $3.59 trillion this year which is a first for the…
- Technology
Amazon India to offer its transportation services to third-party merchants
New Delhi: E-commerce giant Amazon will offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India. According to TechCrunch, the company attempts to replicate…
- Business
Flipkart losses widens to Rs 4,362 cr in FY22, up 51 pc
New Delhi: Walmart-owned Flipkart’s losses widened to Rs 4,362 crore in FY22, a 51 per cent increase from the last financial year. The e-commerce platform reported Rs 10,659 crore as revenues in…
- Business
Shopify commits to safeguard consumers from fake traders
London: E-commerce platform Shopify has committed to new practices to make consumers safe from buying fake products from webstores hosted by its platform. Following dialogues with the Commission and the network of…
- Business
Amazon brings live shopping via content creators to India
Bengaluru: Amazon on Friday rolled out its live commerce feature ‘Amazon Live’ in India where customers can directly interact with content creators and social media influencers and buy products from links provided…
- Technology
India sees Rs 24,000 cr worth online festive sales in 4 days, mobiles lead
Bengaluru: Led by mobiles, e-commerce platforms in India clocked over Rs 24,500 crore (nearly $3.5 billion) in the first four days of the festive sales that began from September 22, signalling a…
- Business
Global E-com sales to drop by $95 bn in 2022, 1st time in history
New Delhi: In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales…
- Business
US to probe Amazon over its iRobot, One Medical acquisitions
San Francisco: E-commerce giant Amazon is facing larger scrutiny by the US Federal Trade Commission (FTC) into its latest proposed acquisitions of robot vacuum maker iRobot and 1Life Healthcare, which operates primary…
- Business
Online searches for 5G smartphones up 2 times in India
New Delhi: There has been nearly 2 times increase in searches for 5G smartphones on Flipkart in the first half of 2022 compared to the same period last year, the e-commerce platform…
- Business
Snapdeal to go live on govt’s ONDC network next month
New Delhi: E-commerce platform Snapdeal is set to debut on the Open Network for Digital Commerce (ONDC), a Unified Payments Interface (UPI)-type initiative of the Ministry of Commerce and Industry, next month.…
- Technology
CARS24 sees high-profile exits as global CTO, business head move on
New Delhi: Pre-owned e-commerce platform CARS24 on Monday saw some high-profile exits, including its global CTO Jitendra Agrawal and business head Kingshuk Sanyal who have left the company to pursue other things.…
