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Ecommerce News, Insight and Jobs
February 8, 2014
 
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Ecommerce Decision-Makers 3M IndiaMarketing Manager
prefer TradeBriefs GupShup Technology India Pvt. Ltd.Head Ecommerce
  News 
Jabong Raises $27.5 mn Fresh Funding, Sells Logistics Arm JaVAS; 2 Founders Quit
MediaNama.com
Rocket Internet incubated online fashion and lifestyle store Jabong has secured $27.5 million investment from UK's development finance institution CDC Group plc.Jabong seems to have sold its third-party logistics service JaVAS (Jabong Value Added Services) to Gurgaon-based QuickDel Logistics, as pointed out by a NextBigWhat report. Facebook Twitter Linkedin Email

Jabong to raise $ 100 million in fresh round of funding; Plans to strengthen supply chain infrastructure and technology platform - Economic Times
Jabong to raise $ 100 million in fresh round of funding; Plans to strengthen supply chain infrastructure and technology platform
Economic Times
Online fashion retailer Jabong is raising a fresh round of equity funding, estimated at $100 million (Rs 628 crore), of which it has received $27.5 million (Rs 173 crore) from British development finance institution CDC in a deal that highlights rising investor interest in the Indian e-commerce sector.
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Valyoo Tech may sell BagsKart, JewelsKart and Watch-Kart portals to shift focus to LensKart  - Economic Times
Valyoo Tech may sell BagsKart, JewelsKart and Watch-Kart portals to shift focus to LensKart
Economic Times
"If a horizontal ecommerce player, which does not have a presence in these categories, does come along, it would make sense for them (Valyoo Technologies) to sell at the right price," said Raja Lahiri, partner of transaction advisory services at Grant Thornton. Facebook Twitter Linkedin Email

Indian fashion retailer Myntra raises $50M in funding from Premijilnvest, Tiger Global and Accel as Amazon and Flipkart approach - Venture Capital Post
Indian fashion retailer Myntra raises $50M in funding from Premijilnvest, Tiger Global and Accel as Amazon and Flipkart approach
Venture Capital Post
Flipkart's offer is somewhere around $200 million, and is described as a merger deal. The value and nature of Amazon's bid, however, is still to be determined. Both approaches are still being considered by Myntra, the report explained. Facebook Twitter Linkedin Email

Myntra targeting sales of Rs 1,500 crore in 2015, expects Rs 10,000 crore turnover in 4 years
Economic Times
"In 18 months, we want to cross Shoppers Stop and Lifestyle (two of India's biggest offline fashion retailers) in sales and become the largest fashion retailer in the country," says Bansal, whose company is now estimated to be valued at about 1,250 crore. Facebook Twitter Linkedin Email

After snapping up $50 million, Myntra's now in talks to raise $40 million more - Economic Times
After snapping up $50 million, Myntra's now in talks to raise $40 million more
Economic Times
The deal that closed this week in which the Bangalore-based fashion portal received $50 million (over Rs 300 crore) included funding from Belgium-based investment firm Sofina and existing investors Tiger Global, Accel Partners, IDG Ventures India and Kalaari Capital. Facebook Twitter Linkedin Email

Indian E-commerce Players Urge Government to Open B2C Online Retail to FDI
PR Newswire India
A large section of the small and medium E-commerce players in the country like Yebhi, Utsav Fashion, Bestylish, Fashionandyou and Allschoolstuff have come together and urged the government to open the'business to consumer' E-commerce sector to FDI through a representation sent to DIPP. Facebook Twitter Linkedin Email

Scaling up in e-commerce a bigger challenge, Sector will grow to $40-50 bn in next 6-7 years say entrepreneurs - Business Standard
Scaling up in e-commerce a bigger challenge, Sector will grow to $40-50 bn in next 6-7 years say entrepreneurs
Business Standard
Speaking about change in strategy of e-commerce companies, Mukesh Bansal, co-founder and CEO of Myntra.com said,"e-commerce is a lot about discovery and serendipity. The key is to keep learning about the market and experimenting with the model." Facebook Twitter Linkedin Email

Paytm launches India's first shopping app with Bargain!; will provide real "over the counter" human shopping experience using a text messenger
CIOL
Available in the Apple iTunes App Store and from next week in the Google Play store, the new Paytm app will be available to all 6 Million Paytm mobile app users by the end of February. Facebook Twitter Linkedin Email

Lenskart to open 100 brick-and-mortar stores across the country over the next two years
FashionUnited India
The strategy would help the company grow through e-commerce as well as physical retail. Lenskart believes that by expanding its store network, it would be able to explore the untapped Indian eyewear market, which gets about 80 percent of revenues from prescription-based glasses. Facebook Twitter Linkedin Email

  Trends 
16 Inexpensive Ways to Grow Ecommerce Revenue
Practical Ecommerce
Many ecommerce merchants focus on acquiring new visitors to increase revenue. While that strategy can be helpful, it's often cheaper to focus on growing revenue from existing shoppers, by improving conversion rates and increasing the average order size. Facebook Twitter Linkedin Email

5 Marketing Emails from Leading Online Retailers to Get Immediate Sales in Response to Offers
Practical Ecommerce
In an email sent on January 31, HauteLook took a newsletter-like approach to offering products. With the exception of a single item, a Steve Madden Puffer Vest, the email did not list product prices, rather it showed recipients the variety of product categories HauteLook offers. Facebook Twitter Linkedin Email

10 Best Ecommerce SEO Consultants Revealed by topseos.com for February 2014
PRWeb
The topseos.com independent research team spends time analyzing ecommerce SEO services by taking a methodical look at key strengths and competitive advantages of contesting search engine marketing services. Facebook Twitter Linkedin Email

Education, age, income, economic scenario, media and technology: Factors that changed consumer buying behaviour in India
Times of India
The report, based on a study done to understand the buying behavior of Indian consumers, states that the Indian consumer today is more educated. The fact that a large chunk of these customers are youth is changing the way people are shopping and this has a direct implication on various aspects of shopping such as the choice of brands. Facebook Twitter Linkedin Email

7 Key Tips to Achieve Prosperity beyond your local area and become successful in this booming online arena - Business 2 Community
7 Key Tips to Achieve Prosperity beyond your local area and become successful in this booming online arena
Business 2 Community
Taking a global outlook helps you identify more gaps beyond your backyard."Mobile phone companies, for example, looked at the fixed-line infrastructure in the developing world and jumped in, disintermediating traditional telecommunications companies in the process," global entrepreneur Tej Kohli explained in The Guardian. Facebook Twitter Linkedin Email

  Insight 
Moving e-commerce into the cloud Moving e-commerce into the cloud
Orckestra

There is a reason more and more companies are moving towards cloud commerce: this emerging trend of transferring greater portions of e-commerce applications, workload and data into the cloud adds real value to the organization. Facebook Twitter Linkedin Email


How e-commerce can benefit FMCG brands How e-commerce can benefit FMCG brands
Deloitte

Because growth and differentiation remain difficult for the mature FMCG industry in developed markets, being an early digital commerce adopter may be one of the few ways to secure a competitive advantage. Facebook Twitter Linkedin Email


eRetail of Luxury Bags- The Indian Story (Premium) - View Free Sample
For online luxury market, the key to success will be cutting-edge customer service tools in addition to all classical luxury market success tools. After all, 'small' is the new 'big' and as you read this, eRetail would have slowly made its way in your life. Facebook Twitter Linkedin Email

Online Gifting- Boon for Brands
Online Gifting- Boon for Brands (Premium) - View Free Sample
The gifting companies, brands and social media platforms have teamed up to entirely changethe face of gifting in the country.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Personalization needs to be part of the omnichannel strategy
Personalization needs to be part of the omnichannel strategy (Premium) - View Free Sample
The lines to the path-to-purchase may be jumbled, but never has there been a more exciting time in retail, as burgeoning technology and the connectivity of social media transform shopper marketing. Read on to know more about how this can be leveraged.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Pricing as a competitive edge in retail Pricing as a competitive edge in retail
Cognizant

Price has moved from an art to a science, compelling retailers to find new ways to set and manage prices to attract and retain more customers. Facebook Twitter Linkedin Email


Benefits of an enterprise social network
Benefits of an enterprise social network (Premium) - View Free Sample
Using traditional approaches for attaining high productivity and innovation among employees are no more beneficial and effective in the age of fast technology and people-oriented workspace environments.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

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