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Online retail News

26 May 2022

Fake reviews on e-commerce sites under govt radar; crucial meeting tomorrow

The purpose of the meeting is to prepare a road map ahead. The discussions will be broadly based on the impact of fake and misleading reviews on consumers and possible measures to prevent such anomaly, the ministry said in a statement.

10 Feb 2022

Sean Raymond: Mentor, Public Figure & eCommerce Expert

Sean’s marketing business Goodlife Agency has become a top performer in the eCommerce industry, continually providing profitable marketing for its clients.

26 Jun 2017

Govt's move to defer TCS under GST will help sellers: Amazon

E-commerce players like Flipkart, Amazon and Snapdeal were to deduct 1 per cent TCS (tax collected at source) while making payments to suppliers under the GST that rolls out from July 1.

e-commerce industry

05 Feb 2016

'E-commerce to generate 2.5 lakh jobs in 2016'

E-commerce industry is likely to generate 2.5 lakh jobs in online retail this year, as the hiring in the sector is expected to grow at 60-65 per cent, says a report.

29 Oct 2015

CAIT to launch online portal e-Lala next month

With more Indians buying products online, traders' body CAIT will launch a portal christened "e-Lala" next month to support brick & mortar shops to embrace e-commerce as an additional platform to generate more business.

18 Aug 2015

Snapdeal raises $500-mn from Alibaba, Foxconn and others

Online marketplace Snapdeal has raised USD 500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank.

12 Aug 2015

Resale price pacts in online retail space under probe: CCI

Keeping a close watch on the growing e-commerce market, fair trade regulator CCI is probing whether certain resale price arrangements between manufacturers and e-retailers violate competition norms.

28 May 2015

Amazon offers limited free shipping on same-day delivery orders

Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area.

17 May 2015

Well-funded Jet.com may be ecommerce game-changer

Jet has raised $220 million so far for an ecommerce service with some 1,600 retail partners, and plans to sell some 10 million products when it launches in the coming weeks.

18 Apr 2015

China fines Alibaba $129,000 for pricing violations

China`s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

09 Feb 2015

Online retail mkt spend to jump 10 times to USD 14 bn in 5 yrs

Online retail market spending is likely to jump more than 10 times to USD 14 billion in the next five years in the seven major cities, according to property consultant Knight Frank.

12 Jan 2015

Amazon takes first-ever Golden Globes for `Transparent`

Online retail giant Amazon scored its first ever Golden Globes on Sunday with two wins for dark comedy "Transparent" -- a breakthrough in its bid to catch up with streaming pioneer Netflix.

15 Dec 2014

Online retail spending to touch $16 bn by 2018: Report

The online retail spending in the country is expected to reach USD 16 billion (around Rs 1 lakh crore) by 2018 with the number of people buying online touching 128 million, a report said Monday.

11 Nov 2014

Snapdeal, Amazon back with huge discount offers

'SnapdealSavingsDay' started at 7am today covering various products on offer from electronic items to gadgets, apparels, footwears and kitchen items.

28 Oct 2014

Indian online retail market to cross Rs 88,000 cr by 2018

Indian online retail market is estimated to grow over 4-fold to touch USD 14.5 billion (over Rs 88,000 crore) by 2018 on account of rapid expansion of e-commerce in the country.

29 Oct 2014

Softbank Group to invest $627 mn in Snapdeal

Snapdeal Tuesday said Japanese telecom giant Softbank will invest USD 627 million (about Rs 3,762 crore) in the company, becoming the largest shareholder in the online marketplace major.

03 Oct 2014

Amazon chief Jeffrey Bezos calls on PM Narendra Modi

The chief executive of e-commerce major Amazon, Jeffrey P Bezos, called on Prime Minister Narendra Modi Friday.

22 Sep 2014

Amazon hit by fresh strikes in Germany

Four Amazon shipping centres in Germany were the target of fresh walkouts on Monday in a long-running wage dispute with the US online retail giant.

17 Aug 2014

Online retail category expands by 65%

With increasing number of people preferring to shop online, the retail category penetration has increased to 65 percent and has grown to 53.4 million visitors a month, an overall growth of 15 percent annually, according to a report.

Patel Logistics

10 Aug 2014

Patel Logistics plans dedicated arm for e-tailing

With Flipkart, Amazon, Snapdeal and the like hogging headlines for months, the Rs 520-crore Patel Integrated Logistics is entering the e-tailing arena with a dedicated last-mile delivery vertical to serve this booming multi-billion-dollar sunshine sector.

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