Tag: Gross Merchandise Value (GMV)

Retail sector to top $1 trillion in 5 years: PwC

Indian retail sector, which is growing at a CAGR of 15 percent, is expected to reach USD 1 trillion over the next five years, buoyed by the growth of new stores and e-commerce, according to a report. India’s robust economic growth and rising household incomes are expected to increase consum…

Mjunction gets ready to take on Alibaba

It’s not just e-commerce players like Flipkart and Snapdeal that are gearing up for Chinese major Alibaba’s big India play. India’s largest business-to-business online marketplace mjunction, too, is planning an expansion drive in the west, north and southern regions of the count…