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Kiosks in Shopping Malls: Big revenue opportunity for small businesses

E-commerce giant Amazon has been toying with the idea of installing kiosks in malls in India for some time now. Their tryst with the idea began two years ago with the setting up of kiosks in malls in Bengaluru....

Grofers raises US$ 200 mn led by SoftBank Vision Fund for market expansion

Online grocery retailer Grofers Wednesday said it has raised over US$ 200 million (over Rs 1,400 crore) in funding, led by SoftBank Vision Fund.The series F funding saw participation from new investor, KTB, and existing investors, Tiger Global Management...

Amazon launches in UAE; replaces Souq.com

Amazon and Souq on Wednesday announced the launch of Amazon.ae, which replaces Souq.com in the UAE nearly two years after the US giant's US $580 million acquisition of the e-commerce platform.With the launch, shoppers in the UAE can make...

Amazon Global Selling Program targets US$ 5 billion in e-commerce exports from India by 2023

At the launch of the second edition of Amazon Exports Digest, Amazon announced that its Global Selling program has now achieved the significant milestone of crossing US$ 1 billion in e-commerce exports sales from India in just three years...

US stores install cameras that guess people’s shopping habits

Two US retailers are testing cameras that could guess people's age, sex or mood to determine their buying habits.Grocery store chain Kroger is testing cameras embedded in a price sign above shelves in two stores on the outskirts of...

Amazon to close its online biz in China: Report

Retail giant Amazon will withdraw its domestic e-commerce marketplace business in China, effective from July 18, but will keep operating its other business sections, including Amazon Web Services, Kindle e-books and cross-border operations.Facing stiff competition from local online marketplace...

Snapdeal to expand tech team; hire 120 engineers this year

E-commerce platform Snapdeal Monday said it is looking to expand its technology team with the addition of 120 engineers this year as it enhances personalisation and recommendation features for its users.The company, which competes with larger rivals like Amazon...

New E-commerce Policy: Retailers seek to override the fallout

The advent of e-commerce in India ‘smartly’ altered the shopping habits of Indian netizens. Anything and everything - from groceries to apparel to electronics etc. – is now just a click away. For a while, it appeared that ‘couch...

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings.According to a PTI report: Bigbasket had raised US$ 300 million in February...

fabindia bets big on experience centres, to open 30 more by 2020

Following a tremendous response for its Experience Centres, fabindia, India’s largest lifestyle retail brand, has recently launched its third Experience Centre in New Delhi-NCR. Located at Lajpat Nagar, one of Delhi’s most popular shopping destinations, the store is spread...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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