E-commerce rules may keep logistics out
The govt may keep logistics suppliers to e-commerce companies outside the definition of ‘related parties’, conceding a major demand of online retailers who had opposed such classification NEW DELHI :…
Flipkart adds new warehouses in Karnataka, to create over 14,000 job opportunities
Flipkart has nine supply chain facilities, including fulfilment and sortation hubs in Karnataka spread across nearly 23 lakh square feet area and has created more than 26,000 direct and indirect…
E-tailers can’t store your card data, says RBI
In terms of the new guidelines for payment gateways and payment aggregators, online merchants will not be able to store credit card data, forcing customers to enter their 16-digit numbers…
Online product displays can shape buying behaviour: Study
In contrast, consumers are less likely to buy the target product if it is mismatched with products from different categories, for example, a board game displayed with kitchen knives. According…
Paytm staff, ex-employees convert Esops to shares worth Rs 182 crore
The development comes ahead of the Noida-based company’s planned initial public offering (IPO) slated for November. Paytm recently granted new employee stock ownership plans (Esops) to 166 former and current…
What Are Stablecoins? A Blockchain Expert Explains
The majority of the dozens of stablecoins that currently exist use the dollar as their benchmark asset, but many are also pegged to other fiat currencies issued by governments like…
JD.com beats second-quarter sales estimates on online strength
Global brands such as Louis Vuitton owner LVMH expanded partnerships with the company during the quarter, while other brands such as Estee Lauder Cos Inc launched flagship stores on its…
Amazon warns merchants about antitrust bills in Congress
In a prior statement, Amazon said the antitrust legislation would make it harder for merchants to make a living and reduce price competition, likely hurting consumers. Amazon.com Inc has warned…
Flipkart Wholesale rolls out new credit program to support kiranas
Flipkart Wholesale’s credit offerings, including ‘Easy Credit’ in partnership with IDFC FIRST Bank, are in line with a series of initiatives undertaken to solve local pain points of kiranas in…
Combo masks, organic rakhis in huge demand
This Rakhi season, the highest purchase and engagement have been recorded for Rakhi combos This Rakshabandhan, shoppers are availing organic rakhi options and masks on e-commerce websites. Online shopping websites…
