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Likes and followers set to be more valuable as retailers rely on social media post-COVID-19, says GlobalData

43.7 percent of consumers globally stated that they are spending more time on social media due to the coronavirus outbreak. Brands need to capitalise on this increased social media activity to promote purchasing and build shopper loyalty in a...

Instagram partners Swiggy, Zomato to help small restaurants

Facebook-owned Instagram on Thursday announced its partnership with online food delivery platforms Swiggy and Zomato to support small businesses in India during the COVID-19 crisis. The photo-messaging app also announced the rollout of the food order sticker in India that...

Better prospects await India’s online grocery retailers post-COVID-19 lockdown, says GlobalData

While the initial days of lockdown enforced in India in response to COVID-19 crisis sent the Indian online food and grocery retailers into disarray, they were able to quickly turn things around and convert the situation into one of...

Facebook Shops now open for small businesses, coming on Instagram soon

In a bid to help struggling small businesses in COVID-19 times, Facebook has introduced Shops to help set up a single online store for customers to access on both Facebook and Instagram. While Facebook Shops is being rolled out from...

Reliance Retail's success in JioMart could change industry dynamics: Jefferies

Reliance Retail's success in new commerce platform, JioMart could alter the industry dynamics, but execution holds the key and there are challenges, according to brokerage firm, Jefferies. "We see the grocery opportunity as huge and own-label introduction as the next...

JioMart and Whatsapp partnership to change the face of mom-and-pop retail stores in India

After entering into a massive US$ 5.7 bn deal with Facebook, Reliance Industries has begun piloting its new commerce venture JioMart on WhatsApp. JioMart has the advantage of its own Jio telecom user base and the massive reach of...

'Local Shops on Amazon' launched to enable small retailers sell online

E-commerce major Amazon has decided to go big in the neighbourhood commerce space with the launch of ‘Local Shops on Amazon', a programme to enable local and small shops and retailers sell their products online. The announcement came a day...

5 reasons why the Reliance Jio deal is a win-win for Facebook

Facebook’s decision to invest US$ 5.7 billion or Rs 43,574 crore in Reliance-owned Jio Platforms makes them their largest minority stakeholder. The key announcement that followed the deal was the partnership between JioMart and WhatsApp. Here are our five key...

Facebook and Jio deal win-win situation for both, says GlobalData

Following the announcement of Facebook’s US$ 5.7 bn investment for 9.99 percent stake in India-based Jio Platforms Limited (JPL) on April 22 2019; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the...

Can Facebook become Amazon of the world with Reliance Jio?

Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global e-commerce journey with investing US$ 5.7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on e-commerce behemoth Amazon and Walmart in the long...
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New Shop debuts as Flagship store in Jabalpur

Founded in March 2019, The New Shop is a franchise convenience retailer with stores situated in high-density neighbourhoods, airports,...
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