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Ecommerce News, Insight and Jobs
February 22, 2014
 
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  News 
After Amazon, Flipkart now Myntra to launch new marketplace in April, a move to expand its reach in India's smaller towns and cities - Economic Times
After Amazon, Flipkart now Myntra to launch new marketplace in April, a move to expand its reach in India's smaller towns and cities
Economic Times
The Bangalore-based company is the largest among the single-product portals to take this route and expects to have about 500 vendors signed up within the first year of its operations. Facebook Twitter Linkedin Email

Unlike Flipkart, Myntra does not want to get into the logistics business; to improve customer experience and command better costs: Myntra.com CEO - Business Today
Unlike Flipkart, Myntra does not want to get into the logistics business; to improve customer experience and command better costs: Myntra.com CEO
Business Today
"We don't want to go into 200 cities with our own logistics, but only the top 50 cities, with a population of five lakh and above, which we will cover by the end of this year. Through third-party logistics providers, we are delivering across 400 cities all over India.",Mukesh Bansal said. Facebook Twitter Linkedin Email

How Quikr founder-CEO Pranay Chulet is making the best use of his office space
Economic Times
The Quikr Cube, much like the rest of the office, is designed to exude the company's core values: Functionality, simplicity and transparency, essential to its online and mobile classifieds business. "Like our website, we want to make the best use of the space we have," says Chulet of this newly-acquired, 4,500 sq ft split-level office. Facebook Twitter Linkedin Email

Facebook acquires messaging behemoth WhatsApp for more than $16B; Price consists of $4 billion in cash and approximately $12 billion worth of Facebook shares
Venture Beat
Facebook is clearly positioning itself strategically against Google's Hangouts and Apple's iMessage -- and gaining access to WhatsApp's 450 million users, most of whom are outside the U.S.
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Why India's answer to Alibaba & eBay is the tech IPO to watch; Kunal Bahl expects to take Snapdeal public in the U.S. in the next 12-24 months
VentureBeat
Snapdeal's model is most similar to China's dominant e-commerce company Alibaba. Employees screen potential buyers before approving them to sell their wares on Snapdeal. Facebook Twitter Linkedin Email

Growing online retail industry a boon for logistics companies; will add $5 billion annually to the income of logistics companies by 2021 - Economic Times
Growing online retail industry a boon for logistics companies; will add $5 billion annually to the income of logistics companies by 2021
Economic Times
Large companies like Blue Dart, Aramex and DTDC have set up separate ecommerce logistics arms. Startups like Ecom Express and Delhivery focus only on ecommerce logistics Facebook Twitter Linkedin Email

The Evolution of Snapdeal - Flexibility and nimbleness mark Snapdeal's rapid growth, need to maintain the sprint as competition intensifies - Forbes India
The Evolution of Snapdeal - Flexibility and nimbleness mark Snapdeal's rapid growth, need to maintain the sprint as competition intensifies
Forbes India
There has been no looking back since as Bahl and Bansal have single-mindedly grown what is today the largest ecommerce marketplace in India. A 20-member team in 2010, Snapdeal has 1,200 "team members" today. Facebook Twitter Linkedin Email

Pepperfry sees sizzle in online furniture retail; seeing significant clicks in the home assortment category
Hindu Business Line
Pepperfry competes with other ecommerce players such as Urbanladder, Fabfurnish and Zansaar. In India, the overall furniture and home market is around $20 billion, but is fragmented and unorganised with a few national brands. Facebook Twitter Linkedin Email

The whole Flappy Bird saga: How in-app review mechanics pushed Flappy Bird to the top of the charts?
Venture Beat
To understand why, you first need to know how the App Store's ranking algorithm works. Apple obviously doesn't make this public knowledge, but anecdotally app developers have come to believe the current iteration works something like this. Facebook Twitter Linkedin Email

Flipkart, Snapdeal not our authorized resellers, Lenovo issues an advisory cautioning customers when buying products from e-commerce companies
Livemint
"E-commerce websites like Snapdeal, Flipkart and Amazon.in are not authorized Lenovo resellers. We encourage you to check your warranty entitlements when you buy from these websites," Lenovo said in the advisory on its website. Facebook Twitter Linkedin Email

Post Facebook-WhatsApp deal, Sequoia Capital, the lone investor in the company, to walk away with $3.5 billion
Economic Times
The WhatsApp exit is the latest in a string of successful punts taken by the Menlo Park, California-based marquee venture capital firm and follows two blockbuster years, during which it consistently earned outsized returns for its investors. Facebook Twitter Linkedin Email

Conducive factors, role models like Flipkart, Zomato, JustDial drive serial entrepreneurs  - Economic Times
Conducive factors, role models like Flipkart, Zomato, JustDial drive serial entrepreneurs
Economic Times
A small clutch of young entrepreneurs are finding it impossible to stay away from launching new ventures even though they had successfully built and sold businesses more than once in the past. Facebook Twitter Linkedin Email

Fashion outperforms other e-retail categories in the United Kingdom; online fashion sales have grown by 258% in the last four years
Internet Retailer
"We have seen changes in the way consumers buy clothing, such as the rise of mobile devices and click and collect, which have contributed to an increase in confidence when shopping online," says Andrew McClelland, chief operations and policy officer at IMRG. Facebook Twitter Linkedin Email

CarWale Records Over 11 Million Monthly Group Visits
eTailing India
India's largest automotive destination, CarWale, has garnered over 11.1 million group visits from January 13, 2014 to February 12, 2014. The group has catered to 5.74 million unique visitors and recorded over 84.5 million page views in the said duration. Facebook Twitter Linkedin Email

Japan's Rakuten says to buy Viber Media for $900 million
eTailing India
Marco told the same media conference the acquisition would help Viber become a platform for digital content, not just a provider of free voice calls and messages. Privately held Viber is funded from the pockets of its founders and several private investors from the United States, and competes with instant messaging apps such as WeChat, WhatsApp and Line. Facebook Twitter Linkedin Email

ChannelAdvisor Participates in eTailing India Expo
eTailing India
ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today announced its participation at this year's eTailing India Expo, taking place February 27 through March 1, 2014 at The LaLit Mumbai hotel.
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The year of betting big
eTailing India
Investors are willing to pour money into Chinese online retailers because of the explosive growth of e-commerce in China. The number of online shoppers in China has grown by 125% from 108 million Internet users who made at least one online purchase over 12 months to 242 million.
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Kerry offers support for Internet freedom in China
eTailing India
U.S. Secretary of State John Kerry has expressed his support for online freedom in China during a meeting in Beijing with Chinese bloggers concerned about a crackdown by authorities on Internet discourse. Facebook Twitter Linkedin Email

Crowdfunding website Kickstarter hacked, recommends users change passwords
eTailing India
Kickstarter's information that was accessed without authority included user names, email addresses, mailing addresses, phone numbers and encrypted passwords, said Kickstarter, which was informed of the breach by law enforcement officials on Wednesday night. Facebook Twitter Linkedin Email

Small retailers reap the benefits of selling on Amazon
eTailing India
Top500Guide.com data show that many small retailers are benefiting from their relationships with Amazon, as they derive a sizeable amount of their total sales from the channel. Facebook Twitter Linkedin Email

  Trends 
How A Father-Son Team Are Re-Inventing the Furniture Business With Omni-Channel Retail?
Shopify
The duo only sells furniture that uses plantation-grown or recycled wood, recycled aluminum, and doubling the store as a warehouse where everything is shipped from for their online orders to reduce their carbon footprint and the number of moving parts in the operations. Facebook Twitter Linkedin Email

It is time to move on to video marketing; 7 Ways to Leverage YouTube Marketing to Improve Sales
Shopify
Video adds a whole new dimension to your marketing mix. Done properly, you can use video to add depth to your product's features and stories, tell the history of how your company has come to be, or explain how your product might be used in ways that can't be captured in web copy or in print. Facebook Twitter Linkedin Email

8 Ways Pop-Up Stores Can Boost Revenue and Build Buzz for Your Brand
Shopify
According to Storefront, temporary retail, more popularly known as pop-ups, are expected to generate $80 billion on an annual basis. But even if you're stubborn as a horse or just plain hesitant about jumping on the bandwagon, here are 8 (really good) reasons why you should do it anyway.
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IBM uses big data to prevent mining equipment failures, using real-time analytics culled together from equipment sensors and a rich trove of operational data
Venture Beat
Matt Denesuk, manager of Smarter Planet Modeling and Analytics for IBM Research, said in an interview with VentureBeat that the modeling and analytics work could transform the $5 trillion business of operating mining equipment. Facebook Twitter Linkedin Email

Why did Google acquire sound login startup SlickLogin? Because security needs to be simple
Venture Beat
Security breaches are on the rise, and we humans still have trouble creating and remembering secure passwords, so it's clear we need another solution for our ongoing security. Facebook Twitter Linkedin Email

  Insight 
The Power of Big Data Analytics in Retail
The Power of Big Data Analytics in Retail (Premium) - View Free Sample
Retailers can adopt new approaches to draw on a wide variety of data to engage customers, maximise profitability, enhance marketing and maintain a competitive edge.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

Developing a mobile commerce strategy in uncertain times  Developing a mobile commerce strategy in uncertain times
Mercator

By involving the mobile device in the transaction, a number of new functions and capabilities are available to both merchants and consumers, ranging from easier redemption and application of discounts to completely revolutionizing marketing strategies. Facebook Twitter Linkedin Email


Achieving supply chain equanimity  Achieving supply chain equanimity
Hitachi Consulting

The major problem with supply chain is getting everyone in line with regards to your supply chain objectives. Facebook Twitter Linkedin Email


E Generation of Banking in India
E Generation of Banking in India (Premium) - View Free Sample
As the saying goes, change is the only certainty. And it is this change that would govern the banking industry, which is graduating from branch banking to channel banking.Free for Email Subscribers! Share to get access Facebook Twitter Linkedin Email

mobility-and-e-commerce-driving-innovations-in-payments-and-cash-displacement Mobility and e-Commerce: Driving innovations in payments and cash displacement
Deloitte

2014 onwards India would witness a proliferation of technology-enabled platforms that would accelerate cash displacement. These technology platforms, most of which would be mobile enabled, would have far-reaching impact in providing accessibility to a larger populace to alternate retail channels Facebook Twitter Linkedin Email


How can your supply chain give you an edge How can your supply chain give you an edge
Bain & Company

Your supply chain can make or break your retail business. Proceed with care.


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