Of the 56% of these people who lost money to the scam, 46% lost over ₹41,500.
Tag: ecommerce
Amazon India to move headquarters in Bengaluru to cut costs; relocation set for 2026
The new office is 15-minute drive from the airport and the relocation is expected to be completed by April 2026.
ED shifts focus in E-commerce probe to Amazon, Flipkart’s FDI compliance
The investigation, which dates back to 2019, gained momentum earlier this month when the ED conducted searches at 19 locations across Delhi, Bengaluru, and Hyderabad.
CCI plans to approach Supreme Court to resolve legal impasse in Amazon-Flipkart anti-trust case
The CCI is now consulting legal experts on the possibility of having all related cases heard together in the Supreme Court to expedite the investigation.
E-commerce recorded $14 billion GMV this festive season, reveals Redseer’s report
The rate of new shopper acquisitions has been slowing down, per-shopper spending increased by 5-6%.
FSSAI directs e-commerce food operators to ensure minimum shelf life of 45 days
This directive aims to prevent the distribution of expired or near-expiry products and is part of broader efforts to ensure consumer safety and responsible food handling practices.
’60 percent shoppers influenced by creators’, says Amazon’s Zahid Khan
With the newly launched platform, content creators can produce and promote their content on Amazon.in, reaching a vast audience while optimizing their performance via automated product recommendations, performance reports as well as educational resources
India’s antitrust body recalls Flipkart investigation report after Xiaomi complaint
Xiaomi had raised concerns that the original report, which found Flipkart and certain sellers in violation of competition laws, contained proprietary data that should have been redacted.
Diverse offerings boost festive sales for E-comm platforms- Know more
Walmart-backed Flipkart has claimed to have recorded an overall 7.2 billion visits including 282 million unique visitors while Amazon witnessed 140 crore customer visits with over 85% from non-metro cities.
Quick commerce emerges as the key channel for sponsor product ads, reveals mFilterIt’s report
Festive season saw a trend towards premium pricing on quick commerce platforms, where chocolate products commanded higher average selling prices