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Etailing 2018

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TradeBriefs Editorial

From the Editor's Desk

How reading and writing can help us live longer, healthier lives

When Toni Morrison died on Aug. 5, the world lost one of its most influential literary voices.

But Morrison wasn't a literary wunderkind. "The Bluest Eye," Morrison's first novel, wasn't published until she was 39. And her last, "God Help the Child," appeared when she was 84. Morrison published four novels, four children's books, many essays and other works of nonfiction after the age of 70.

Morrison isn’t unique in this regard. Numerous writers produce significant work well into their 70s, 80s and even their 90s. Herman Wouk, for example, was 97 when he published his final novel, "The Lawgiver."

Such literary feats underscore an important point: Age doesn’t seem to diminish our capacity to speak, write and learn new vocabulary. Our eyesight may dim and our recall may falter, but, by comparison, our ability to produce and to comprehend language is well preserved into older adulthood.

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Festive Season Sales: Amazon Expands Furniture Category To Match Flipkarts Pace

Amazon expans its furniture and furnishing category with over 1.6 Lakh products, sourced from smaller businesses for the festive season sales

Etailing 2018

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Top 5 Payment Gateways

The chief concern before going digital is to choose a payment gateway that suits your business model while being pocket-friendly.

Gionee to develop apps in India to support connected devices

Smartphone maker Gionee plans to develop apps in India to support mobile phone accessories and connected devices.

Indian firms collect, share individuals data with third parties in dubious ways: report

Several private enterprises currently share the personal data of individuals with other entities and often use the services of companies with data broking business models, a report says.Such personal profiling may lead to businesses adopting a differentiated pricing strategy for individuals, the report says

After Amazon, Uttar Pradesh govt to partner Flipkart and Alibaba

Adityanath government to onboard ecommerce platforms to promote MSMEs

Influencers drive fashion buying, says Myntra-Jabongs Nagaram

In an interview, Amar Nagaram, head, Myntra-Jabong, talked about the move toward content-driven marketing, influencer engagement and why video content is the biggest driving force in online fashion

Disruption drives business failure and success. Most people think technology drives disruption, but technology merely enables disruption -- changing customer needs cause it. This is especially obvious in e-commerce. Amazon's rapid growth and increased customer base got retailers worried. Leaders thought expanding their online presence would bring growth back -- but they were wrong.

Myntra eyes kirana store partnerships and video content to acquire tier-2 customers

While video is one acquisition strategy, the company will also use exclusive brand partnerships to attract users outside metros.

Myntra bets on video content for enhancing customer engagement

Fashion e-tailer Myntra on Tuesday said it is investing in a video content-led approach as it "transitions from a catalogue-heavy browsing experience to a content-heavy experience" to enhance customer engagement on the platform.

Ahead of Diwali season, Flipkart gets SGD 310mn cash infusion from Singapore parent

E-commerce platform Flipkart has received an SGD 310 million (USD 225 million or INR 1,616 crore) infusion from its Singapore-based parent, Flipkart Private Limited, which is owned by US supermarket chain Walmart.

Amazon bets big on India with mega-office

The US retail giant launched its first site in the country in 2013 and is locked in a fierce battle with Walmart, which bought a 77-per cent share in ..

The attorneys general of 48 states, plus those from United States territory Puerto Rico and Washington, D.C., have joined in an investigation into whether Google stifled online advertising and search competition. The only holdouts are the attorneys general of Alabama, where Google is building a $600 million data center, and California, where Google has its headquarters.

House of Pataudi unveils Stories of Love, featuring real Myntra customers

The ethnic wear brand, co-owned by Saif Ali Khan, Exceed Entertainment and Myntra, has launched the first of its video content series

Now, Mumbai citizens can pick up Amazon deliveries from railway stations

Amazon has tied up with the Indian Railways for launching the service.Customers can select any of the four stations on the checkout page of their order and collect their packages on their way

Exclusive: Swiggy to debut in payments with consumer wallet and UPI

Swiggy is launching payments products - consumer-facing wallet and UPI. These products will make debut in the next three to four months

WeWorks IPO is in flux and its bondholders are getting nervous

WeWork sold $702 million of junk bonds in a debut offering in April 2018, with $669 million still outstanding.

Flipkarts wholesale arm receives Rs 1,616 Cr from parent

The last round of fund infusion was in January 2019 when it received about $201 million (Rs 1,431 crore) from Flipkart Private Ltd, Singapore.

[Funding alert] CPPIB invests $115M in logistics unicorn Delhivery

Following the investment, the Canada Pension Plan Investment Board (CPPIB) will have one seat on Delhivery’s Board.

Oman to host e-commerce conference to put the spotlight on importance of digital transformation

One of the fundamental aspects of the global economy today is a focus on digital transformation. Oman is one such country that has been experiencing its own share of rapid digital transformation. As part of the country’s drive towards a digital economy, the Ministry of Commerce and Industry, Oman i

Flipkart, Amazon Establish New Retail Networks Ahead Of Ecommerce Battle With Reliance

Walmart-owned Flipkart, tech giant Amazon have taken major steps to increase their retail network ahead of Reliance's entry into ecommerce.

Indian Govt Is Working On An Ecommerce Platform For MSMEs, Says Nitin Gadkari

The government’s ecommerce platform will be called Bharat Craft. Nitin Gadkari earlier said the portal can bring about INR 10 Lakh Cr. turnover to MSME sector.

Flipkart launches new 'Mobile Exchange Program'

It shall help consumers to get a reasonable price for their old mobile phones, against the purchase of a new device in the same category.

Myntra takes to videos to reach customers ahead of the festive season

To start with, Myntra is launching a reality show called Fashion Superstar aimed at identifying India's next big fashion influencer

Binny Bansal plans new VC fund of $300-400 million

The new VC fund is likely to provide growth-stage capital to startups and it will look at companies outside of India and the South East Asia region

The half-truths of first mover edge

Making an early entry into a new industry or product category gives any startup a head start but doesn’t guarantee success; it’s executing at scale that spells a real win

Flipkart onboards 27,000 kirana shops to strengthen last mile delivery

The move is expected to further strengthen and personalise e-commerce experience for Flipkart's existing 160 million customers, help deepen its reach to newer geographies and consumers and support 'kiranas' by enhancing their income.

Cashfree launches instant refunds for online payments in India

Cashfree has announced the introduction of instant refunds on online payments for ecommerce businesses in India.

Smaller towns to lead the growth of Home category for Flipkart

Introduced on the Flipkart platform in 2014, the home category has seen continuous expansion in the last few years with the aim of meeting the Indian ..

All That Glitters Is Not Gold: The Hard To Digest Economics Of Foodtech

Online food orders are weighing down on restaurant profits, but food aggregators are also not laughing their way to the bank

PhonePe charting path to join elite club of start-ups; valuation soars

PhonePe has been aggressive at growing its user and merchant base

CCI clears Amazon's 0.51% equity acquisition in Quess Corp

Quess Corp in a regulatory filing on July 12 had said its board has approved the issuance of over 7.54 lakh equity shares to Amazon.com NV Investment ..

Pepperfry Aims To Go Public In Next 12-18 Months: CEO

Mumbai-based online furniture and home products marketplace Pepperfry is looking to go public in the next 12-18 months.

Struggle to survive in a market bossed by Amazon and Walmart

The logistics of supplies, deliveries, returns, and cash payments are a drain on the purse in this evolving market.Instead of selling directly to consumers like fashion e-tailers, social commerce startups are enabling resellers who have their own following on social media channels

Flipkart Big Billion Days: How to exchange old phones for value

Flipkart’s Big Billion Day Sale is slated to begin soon. Check out how you could exchange your old phones and buy new ones at reduced prices. Check out tips.

CPPIB acquires 8% stake in logistics firm Delhivery

Canada’s largest pension fund manager bought the stake at a valuation of around $1.5 bn.CPPIB invests in Delhivery through Fundamental Equities Asia Group

Flipkart 'Massively' Expands Pick-up Operations In 800 New Cities And Towns

Flipkart said on Thursday it has 'massively' expanded the reach of its pick-up operations in 800 additional cities and towns across the country in the last

Alibaba Group to launch first fully-owned ecommerce business in India

The Chinese behemoth said it is planning to foray in the ecommerce space through its subsidiary UCWeb, and that its entry will not have an adverse impact on Paytm or Snapdeal.

No slowdown in the e-com industry: Prakash Rochlani, Director, Last Mile Operations, Amazon India

Rochlani who was in Guwahati while talking to ET said, "We have not seen any slowdown in e-commerce. This trade accounts for nearly three percent of the retail industry."

Replying to CCI's study findings, AIOVA cries foul over e-commerce malpractices

Replying to the initial findings of the sectoral study, AIOVA has issued comments touching several issues faced by the third-party sellers

Films dominate streaming service consumption in India: Report

For 30% of consumers, full-length feature films are the most popular category on OTT platforms.Another 20% opted for movie-related content such as music videos

Digital platforms will remain a critical element of our retail strategy: Neeraj Bahl,

In an exclusive conversation Neeraj Bahl, Managing Director And CEO, BSH Home appliances sheds light on the growth strategy of the company.

Still lots at stake in Mideast's eCommerce logistics
This part of online marketplace is still fragmented, leaving door open for new ventures

Amazon India plans to scrap single-use plastic, joins rival Flipkart

BENGALURU/NEW DELHI — Amazon.com Inc’s India unit plans to replace single-use plastic in its packaging by June 2020, the company said on Wednesday, the latest move by an ecommerce giant…

How Sales Tax Complexities Shape eCommerce, Sellers Business Decisions

States now operate without federal guidance over taxing out-of-state merchants for online sales — so each is making its own rules. That creates a complex selling environment that eTailers struggle to navigate, says Ted Hettich, chief sales officer of online shopping marketplace Fruugo. In the Next-Gen Sales Tax Tracker, he explains how economic nexus policies impact business decisions and the role of marketplaces to ease sellers' tax compliance burdens.

Amazon may launch a hand recognition payment system

Biometrics are quite the norm in various walks of life where technology is involved. Fingerprint sensors, facial recognition systems are commonly used

Club Factory overtakes Snapdeal to rank third after Amazon and Flipkart

New Delhi [India] Sept 04 (ANI/NewsVoir): Club Factory, the leading E-commerce platform, has surpassed Snapdeal to become the 3rd largest shopping app (in terms of MAU) in India since June 2019 after retaining number 1 rank in Google Play Shopping App category, according to data analytics platform App Annie.

Swiggy Goes Beyond Food Delivery With New Service Swiggy Go, Expands Swiggy Stores

Today, India-based delivery service Swiggy took a few steps beyond the food world by launching Swiggy Go, an instant pickup and drop-off service that will deliver everything from laundry to house k…

Neutrality of ecommerce marketplace important to sellers, finds survey

The survey said that 94 percent of the respondents felt that sellers controlled by the marketplace (through various arrangements) hurt their (sellers) business on the platform.

How one-click payment helps PayPal reduce Online cart abandonment instances

PayPal’s India-centric test-run of one-click payment authentication technology is likely to reduce instances of shoppers not completing an online purchase.

90% of online sellers against private labels owned by e-commerce platforms: TECI survey

The news is about 90% of online sellers against private labels owned by e-commerce platforms: TECI survey the latest news updates from ecommerce Sector in India. Newsbarons is a greatest source of Industrial and business news updates around the world.

With an eye on next 200 mn internet users, Flipkart introduces Hindi interface

Flipkart's announcement comes at a time when Hindi's internet user base is poised to outgrow English by the year 2021 .'As language is a convenience and not a barrier, we believe this native language capability will play a significant role in further adoption of e-commerce in the country,' says Flipkart CEO

Implementing shipping software can be a big step in scaling your e-commerce business -- providing a way to create shipping labels quickly, to gain access to carrier discounts, and more. With the holidays approaching, now is the time to get smart about your options. Before deciding to buy, it's important to know which features to prioritize. Label printing should be the bare minimum it can do.

ShopClues redials Flipkart for a potential sale

Get latest Business online at cnbctv18.com

Indian ecommerce market size set to touch $230 billion by 2028: Report

The Indian e-commerce marketsize is likely to reach $230 billion in a decade as it's outpacing the offline retail segment's growth, according to a report released on Tuesday.

Amazon Roundup: India, Indonesia, Canada Logistics, Policing, Audible, IRS

Amazon is strengthening its position in India despite regulatory setbacks; investing in a leading Indonesian ecommerce company; increasing logistics capabilities in Canada; and plenty more in the U.S.

Deep discounts, opaque algorithms cause for friction across ecommerce sector, finds CCI study

Deep discounts and opaque use of algorithms by online platforms are a growing concern for not just restaurants, whose bitter quarrel with food aggregators received much ink recently, but also for hotels and retailers, says a new study.Get latest Business online at cnbctv18.com

Ecommerce companies Flipkart, Amazon may face a repackaging challenge

The government is thinking of ways to make ecommerce companies recycle the waste that they generate.

Tiger Global raises stake in Flipkart; buys shares from Binny Bansal

Bansal has transferred part of his holding to two Tiger Global funds.This is the third time that Bansal has sold a tranche of his shares since Walmart took over the e-commerce firm

Amazon selling unlicensed cell signal boosters: Report

Signal boosters can reportedly disrupt entire networks and now retail giant Amazon has been found selling unlicensed mobile phone signal boosters.

Amazon Challenges HC Order Banning Sale Of Direct Selling Firms; Is It Amazon vs Amway, Oriflame, Modicare?

Amazon has challenged Delhi HC order banning online sale of direct selling products such as Amway, Oriflame and others. Is this Amazon vs Amway now?

Flipkart aims to double its sales during Big Billion Day

Firm aims to generate gross merchandise value of ₹1 trillion in FY20, up 45% from FY19.Ahead of the festive season and Big Billion Day sale, customers have the opportunity to earn SuperCoins

Snapdeal Founders Kunal Bahl, Rohit Bansal Set Up Titan Capital Investment Fund

Snapdeal founders Kunal Bahl and Rohit Bansal have come together to set up an investment vehicle, Titan Capital.

Follow these steps to file consumer complaint online

The helpline, consumerhelpline.gov.in, has been launched by the Department of Consumer Affairs to create awareness, advise and redress consumer grievances and act as a central registry for lodging consumer grievances.

PhonePe, Paytm have till February 2020 to update KYC

Industry body Payments Council of India hopes that the government would come up with a method that would enable mobile wallet users to avoid face-to-f..

How e-commerce is reshaping retail real estate
How e-commerce is reshaping retail real estate
With the recession's financial strains still raw, consumers demand even more value, on top of the greater convenience they have come to expect. There are outstanding opportunities in the retail sector, but investors must be more selective in their asset selection, preferring well-located sites and unique shopping environments over commodity space in inferior locations. Facebook Twitter Linkedin Email

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