Despite low investor sentiment and online food players scaling down operations or shutting shops, India's online food delivery market -- comprising aggregators and internet kitchens -- grew by 150 per cent in 2016 with an estimated GMV $300 million, research firm...
2016 for e-tailing will be at best remembered as the speed-breaker year. The industry GMV, which was growing at an annualized triple digit rate from 2013 onwards, dropped down to 15 per cent in 2015.
A lot of skeptics announced...
After a whopping 180 per cent growth in 2015, the Indian e-tailing industry expanded by merely 12 per cent in 2016 to clock revenues of USD 14.5 billion, research firm RedSeer on Tuesday said.
As per PTI, RedSeer's report said, the biggest...
The Indian lighting and appliances market is expected to have grown to USÂ $9 billion in FY16, with online channels accounting for 5-7Â per cent of sales.
While e-tailers currently account for almost all the online sales occurring across the three categories, Redseer...
RedSeer Consulting, a research and advisory firm focused on achieving excellence in the consumer internet market has said that e-tailing and food tech sectors are expected to bear the brunt of the Government's demonetization move in the near term.
It said...
Within a week of its mega sale, e-commerce major Snapdeal has announced a second edition beginning October 12 to cash in on the festive mood in the country.
According to a PTI report: The company processed transactions for over 11...
Driven by festive offers and discounts on their platforms, e-commerce companies are expected to register transactions worth Rs 11,000-13,000 crore ($1.7-1.9 billion) in October, a report said.
"E-tailers are likely to surpass all sales expectations in the ongoing festive sale...
Festive sales are expected to help e-commerce companies register transactions worth US$ 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....