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June 28, 2014
 
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  News 
Japanese giant Rakuten enters India, opens a global unit called the Rakuten India Development and Operations Center in Bangalore
Tech in Asia
A statement from the company says the center will focus on "infrastructure operations, processes, and resources." For now, there's no Rakuten India estore - instead it is working behind the scenes on developing talent in infrastructure automation, software development, and quality assurance. Facebook Twitter Linkedin Email

Housing.com toying with algorithms for old-age friendliness, pollution index & helping find girl friends, too
VC Circle
The firm recently added 12 more cities to its platform, including Ahmedabad, Indore, Jaipur, Thiruvananthapuram, Vishakhapatnam, Nashik, Vadodara, Mangalore, Trivandarum, Surat, Mohali and Vijaywada to take the total city count to 25. By the end of this year, the company aims at expanding its reach to 40 cities. Facebook Twitter Linkedin Email

Flipkart to hire 12,000 people this year to beef up its support and technology operations - Times of India
Flipkart to hire 12,000 people this year to beef up its support and technology operations
Times of India
"As business scales up, our focus on hiring is going to be pretty aggressive. We are looking to increase our current team strength from 13,000 to 25,000," Flipkart chief people officer (CPO) Mekin Maheshwari told PTI.
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E-commerce firms on the hunt for start-ups to enable their customers buy or sell products faster and without a hassle - Hindu Business Line
E-commerce firms on the hunt for start-ups to enable their customers buy or sell products faster and without a hassle
Hindu Business Line
Many e-commerce firms are in advanced stages of discussions with a number of small mobile and technology companies to acquire them. Industry sources expect at least a "couple of deals" to fructify in the next two-three months. Facebook Twitter Linkedin Email

Flipkart, Myntra taking a measured approach to integrate functions post merger - Economic Times

Flipkart, Myntra taking a measured approach to integrate functions post merger
Economic Times
Fashion -- led by Myntra's cofounder Mukesh Bansal -- is where most of the action is centred, while plans to integrate backend functions such as brand partnerships, technology solutions and logistics are all being tested.
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Krishnan Ganesh invests in Overcart.com as the TutorVista founder ramps up his exposure to the country's burgeoning digital commerce sector - Economic Times
Krishnan Ganesh invests in Overcart.com as the TutorVista founder ramps up his exposure to the country's burgeoning digital commerce sector
Economic Times
While the Bangalore-based investor did not disclose the exact investment ticket size, he typically invests between $500,000 and $2.5 million in early-stage ventures for a significant minority stake. Facebook Twitter Linkedin Email

Ecommerce startup Relevant e-solutions raises funds for Roposo from India Quotient, Startup Superfuel and Flipkart cofounder Binny - Economic Times
Ecommerce startup Relevant e-solutions raises funds for Roposo from India Quotient, Startup Superfuel and Flipkart cofounder Binny
Economic Times
With this round its total funding comes to $1 million (Rs 6 crore). The current investment is for its fashion discovery platform Roposo, which was launched in May. The company intends to use the risk capital for product development and for expanding its 25-strong team. Facebook Twitter Linkedin Email

How success of e-commerce startups like Flipkart, Snapdeal is making traditional retailers rethink their model? - Economic Times
How success of e-commerce startups like Flipkart, Snapdeal is making traditional retailers rethink their model?
Economic Times
Says Ajit Joshi, MD and CEO, Infiniti Retail (which runs Croma stores): "In India people are yet to experience good shopping [a mall experience and large stores]. It's not that people will buy everything online. Facebook Twitter Linkedin Email

Myntra will soon launch a fashion incubator in its aggressive push to gain complete dominance of the fast-growing online apparel category
Economic Times
In typical venture capital-style investing, the e-commerce combine will select fashion entrepreneurs, give them a platform to retail and after six months to a year pick up equity stakes for up to a million dollars in the best. Facebook Twitter Linkedin Email

Asus warns against buying their devices from Flipkart, Snapdeal and Amazon, appeals to buy its products only from authorized partners or retailers
MediaNama.com
Electronics manufacturers however, have continued to issue such statements nevertheless. In case of Asus, it doesn't look like a blanket ban on any e-commerce website and more like a warning about the possibility of being sold refurbished or imported devices that does not have warranty.
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Will 3D Printing Disrupt Ecommerce?
Practical Ecommerce
Now as prices for 3D printers come down, the technology is making its way into the consumer arena. Wohlers Associates, a consulting firm that has followed the 3D printing industry for over 20 years, reports that the market for 3D printing, for all products and services worldwide, grew to $3.07 billion in 2013. Facebook Twitter Linkedin Email

Naspers increases Flipkart stake to 17.7%; invests over Rs 307 crore in May - Economic Times
Naspers increases Flipkart stake to 17.7%; invests over Rs 307 crore in May
Economic Times
Naspers did not disclose the valuation at which it made the investment. Last year, Flipkart was valued at $1.6 billion (. 9,636 crore) when Naspers invested $135 million (Rs813 crore) into the Indian ecommerce leader for an additional 8.6%.

Wal-Mart to expand India tech operations, hires new tech head, to power all its global e-commerce operations
Live Mint
Wal-Mart, therefore, has been making an aggressive push into e-commerce to help revive the slump in sales growth--a broader reflection of how traditional brick-and-mortar retailers are increasingly being forced to invest in e-commerce, with the battleground moving online and with billions of consumer dollars at stake. Facebook Twitter Linkedin Email

Wal-Mart Stores launches an e-commerce platform in the Indian cities to woo mom-and-pop stores to fuel sales
Siliconindia.com
It has 20 wholesale outlets in India which will support its e-commerce services. They even have plans to introduce the service to the remaining 18 outlets as well, but not anytime soon. Facebook Twitter Linkedin Email

  Trends 
How Two Fashion Designers Used a Pop-Up Shop to Build Their Brand and Better Understand Their Customers?
Shopify
The original plan was for a 1 month pop-up and after a successful opening they extended for two months. Wanting to profile their success as inspiration for other brands interested in doing a pop-up, I interviewed them for a case study around how they went from idea to executing their pop-up for two whole months. Facebook Twitter Linkedin Email

To build brand and connect directly with their customers, e-tailers log into Twitter - Economic Times
To build brand and connect directly with their customers, e-tailers log into Twitter
Economic Times
For instance, India's largest ecommerce company Flipkart on Father's Day posted a picture of a boy calling his dad using a landline phone to ask for chart paper, poster colours and so on. Facebook Twitter Linkedin Email

What's the hash? Why hashtags for TV shows matter
Economic Times
Sometimes hashtags are straightforward with a show's title ((hash)TrueBlood.) Other times they're used as conversation starters and are episode or scenespecific. (The hashtag (hash)TobyIsBack aired in a recent ``PLL'' episode when actor Keegan Allen's character returned from an absence.) Facebook Twitter Linkedin Email

How to Create a Successful Pop-Up Shop [New Video Series]?
Shopify
When Marc Jacobs, J.Hilburn, or Prince of Scots want to create a unique pop-up experience for their customers, they turn to none other than Melissa Gonzalez from the Lion'esque Group to guide them through concept to execution. Facebook Twitter Linkedin Email

Life After Flipkart-Myntra Deal: Will These 3 Trends Rule E-commerce In India? - Businessinsider India

Life After Flipkart-Myntra Deal: Will These 3 Trends Rule E-commerce In India?
Businessinsider India
However, we need to take a more incisive look at the fast-evolving strategic context of e-commerce, which is throwing up some surprising trends that may affect the industry in the long run. Let us take a look at the recent happenings in the Indian e-commerce space to identify the most prominent trends and what they signify. Facebook Twitter Linkedin Email

How Google Analytics for Ecommerce can be used to find new customers and increase conversions: A Beginners Guide
Shopify
For many ecommerce entrepreneurs just starting out, Google Analytics can feel like a confusing mess of technical reports and information that's difficult to navigate and understand.In this post we will look at exactly how to set up Google Analytics for your store, the basic reports you should be checking and a few other goodies to help supercharge your knowledge and drive sales.
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  Insight 
Retail, anywhere, anytime Retail, anywhere, anytime
PwC

Today's consumers expect the retailer to not only provide the convenience of shopping from home, in the physical format, on the mobile, tablet, PCs, etc, they also expect to pay using digital wallets, mCommerce, online, cash on delivery, buy online, return in store or vice versa, check online, buy in store or check in store, order online. Facebook Twitter Linkedin Email


 4 Ways Brands Approach Online Sales4 Ways Brands Approach Online Sales
Shopatron

This paper will outline the four primary ways in which brands handle online sales, including the pros and cons of each. After reading this, you will not only have a better grasp of the potential rewards and risks associated with direct online sales, but you will learn how it really is possible to have the best of both worlds. Facebook Twitter Linkedin Email


Shopper Psychology- The sixth sense of retail
Shopper Psychology- The sixth sense of retail (Premium) - View Free Sample
India's domestic passenger numbers increased 16.6% to 60.7 million passengers in 2011, averaging out at 5.1 million passengers per month. This presents a potentially audience for retailers but the offering at the domestic airports leaves a lot to be desired. No doubt airport commerce is growing but it is still not capitalizing on the huge potential on display. Facebook Twitter Linkedin Email

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