Page 2 E Commerce: Latest News and Updates, Top Stories, Videos, Photos About E Commerce

Alipay Sells Entire Stake In Zomato For Rs 3,337 Crore

Chinese e-commerce giant Alibaba's arm Alipay Singapore Holding has sold its entire 3.44% stake in online food delivery aggregator Zomato for Rs 3,337 crore through open market transactions....

Government forms panel to draft safety pledge for e-commerce platforms

The government has formed a committee to draft a safety pledge for e-commerce platforms in order to prevent the sale of unsafe goods to consumers....

Amazon India Claims Record 110 Crore Customer Visits During Great Indian Festival

Amazon India claims to have registered 110 crore customer visits during the Great Indian Festival, with 80% of shoppers coming from tier 2 and 3 cities....

Amazon India Announces Best-Ever Festive Sale

Amazon India's 2023 festive sale has been the best ever, with strong demand driving sales. Online sales by the e-commerce industry during this festive season are expected to witness 18-20 per cent growth to reach Rs 90,000 crore, according to market research firm Redseer Strategy Consultants....

AJIO to Invest in and Scale Up the Next 100 Fashion Direct-to-Customer Startups

AJIO, a lifestyle and fashion e-commerce firm, plans to invest in and scale up the next 100 fashion direct-to-customer startups. The company will make available products of Indian fashion and lifestyle startups on its new D2C-focused digital store AJIOGRAM on the AJIO platform....

Flipkart Big Billion Days 2023 & Amazon Great indian sale: How to Unlock the Best Deals?

Are you gearing up for the shopping event of the year? The Big Billion Flipkart 2023 sale is right around the corner, promising incredible deals and discounts on a wide range of products. But how can you ensure you're making the ...

Indian Firm NPCI Collaborates with Al Etihad for Boosting Digital Transactions in UAE

NPCI International Payments Ltd has partnered with Al Etihad Payments to build, implement and operationalise the UAE's national domestic card scheme. This initiative aims to boost e-commerce, digital transactions and financial inclusion in the UAE....

Festival Season is Here, Credit Card Spending To Spike

Introduction The festive season in India, which spans over several months and includes a multitude of cultural and religious celebrations like Krishna Janmashtami, Ganesha, Diwali, Navaratri, Eid, Christmas and more, is typically associated with high consumer spending. This period witnesses an ...

E-Commerce Startup Dukaan Lays Off 90% Staff For AI Bot

E-commerce startup Dukaan has replaced 90% of its customer support team with an artificial intelligence (AI) chatbot, founder and CEO Suumit Shah informed on Tuesday. Attributing the decision to prioritising profitability, he said customer support costs reduced by 85 per cent ...

Alibaba Plans To Hire 15,000 People This Year

Alibaba Group Holding Ltd. said it plans to hire 15,000 people this year, pushing back on reports that the Chinese tech firm is laying off employees, reported Bloomberg. In a statement released on Weibo on Thursday, the Chinese e-commerce platform said ...

Shopify To Lay Off 20% Of Its Workforce In 2nd Round

Shopify, Canadian multinational e-commerce company, is all set to lay off 20% of its workforce in second round of layoffs, said its CEO Tobi Lutke. The company is also planning to sell most of its logistics business to leading supply-chain technology ...

Alibaba Sells Remaining Direct Stake In Paytm For Rs 1,378 Crore

Chinese e-commerce major Alibaba on Friday divested its remaining 3.3 per cent direct stake in One97 Communications, which operates under the Paytm brand, for Rs 1,378 crore through an open market transaction. However, the company's group firm Ant Financial continues to ...

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