Several second-rung online fashion retailers are introducing categories not core to their businesses expecting to seize a little more of the market not captured by Flipkart and its units or Amazon. But analysts say they might be merely grasping at straws. Flipkart, along with its fashion units My…
Tag: e-tailers
GST: Why TCS on e-tailers doesn’t make sense
Amidst fierce rivalries, lobbying about a “level playing field”, arguments on the dumping of foreign capital, and the Indian versus multinational debate, it was fun to watch the chiefs of India’s top three e-tailing companies come together for another level-playing field talk. A…
After a slow 2016, e-tailers expected to grow faster in 2017
The e-retail market in India is expected to regain growth after witnessing a blip in 2016 to become USD 80 billion sector by 2020, said a report by Redseer Consulting. According to the report the companies are heavily banking on 2017 and a lot is riding on ability of the e-tailers to grow their c…
E-Commerce sales to touch $1.5-1.7 bn in Oct: RedSeer Report
eFestive sales are expected to help e-Commerce companies register transactions worth USD 1.5-1.7 billion in October, according to research firm RedSeer Consulting. “With this festive season, we foresee a spring effect of targeted marketing and focus on quality customer segments. It is going…
Payments Co Stripe makes 1st India hire
San Francisco-based payments startup Stripe, valued at $5 billion, has hired its first India employee as it looks to kick-start operations here. Anand Balaji, an ex-Amazon executive, has come on board Stripe and is currently mapping the India market for the company, sources privy to the developme…
Shopmatic ties up with Aramex
Shopmatic, a homegrown e-commerce SaaS (Software as a Service) company, on May 19 announced a strategic partnership with Aramex, a provider of comprehensive logistics and transportation solutions. The partnership will allow online merchants to deliver their products efficiently and securely, ther…