ecommerce – Page 2 – storyboard18

Flipkart’s advertising income jumps 51% to Rs 5,000 crore in FY2024: Report

Flipkart has witnessed more than 20 percent growth for two consecutive years

Flipkart revenue stood at Rs 17,907 crore in 2023-24 while losses fell by 41 percent to Rs 2,358 crore.

Gig workers face exploitation, only Urban Company, bigbasket ensure minimum wage: Report

Only bigbasket and Urban Company were awarded the first point under Fair Pay for instituting a minimum wage policy.

According to the Fairwork India team, Zomato, Swiggy, Urban Company, and bigbasket scored 6 out of 10 points creating favourable working conditions for gig workers

Nykaa posts strong Q2 performance, beauty revenues soar

In the June quarter, Nykaa's revenue from operations stood at Rs 1,746 crore

According to FSN E-Commerce Ventures Limited which operates the Nykaa brand, the beauty vertical delivered ‘robust’ net revenue as well as net sales value (NSV) growth of mid-twenties, with a higher GMV growth

Amazon.in becomes the top customer choice for electronics during the festive season, reveals Counterpoint Research

During the first 48 hours of Amazon Great Indian Festival 2024, customers got access to over 25,000 new Despite representing only 8.8% of the global digital advertising market, Amazon's burgeoning ad business poses a significant threat to industry leaders Alphabet (27.7%) and Meta (22.8%).

Attractive offers and deals have emerged as the primary factor for buying consumer electronics online, followed by trust and availability of the latest devices.

Temp Tactics: Logistics, e-comm firms scaling up gig workforce this festive season

Seasonal hiring is temporary employment that recurs annually around the same time. (Image: DNA Packaging)

Some platforms have started introducing incentives to retain a skilled gig workforce for future festive seasons.

ONDC’s festive season boost: Incentives up to Rs 60 Lakh for network participants

The government hopes to increase e-commerce penetration in the country to 25 percent with ONDC

Notably, the incentive may have gone up on a month-on-month basis, compared to the August incentive payout. However, there is still a reduction of nearly 76 percent from Rs 2.5 crore

81% of firms plan to hire in H2 2024, with 72% focused on freshers: TeamLease EdTech

Infosys added 2,456 employees, and Wipro added 978 employees between July and September 2024

College graduates can expect job opportunities like SEO Executive, Full Stack Developer, and Digital Sales Associate

Festive season to propel India’s e-commerce growth by 20%: Redseer

These companies have been given 15 days to respond.

Redseer Strategy Consultant’s report reveals that brands are leveraging e-commerce platforms to promote mid-range products to maximize reach and appeal to relatively less accessible tier 2+ customers

Urban India to spend INR 1.85 lakh crore this festive season: Study

During festive seasons, the primary objective is to boost sales by enhancing consumer consideration. To achieve this goal, a multi-faceted approach leveraging various media channels is essential. While traditional mass mediums such as television remain influential, digital platforms will continue to play a crucial role in shaping consumer perceptions and driving consideration.

Survey reveals 1 in 2 households to spend over INR 10,000, with 70% opting for in-store shopping amid rising eCommerce adoption.

Flipkart’s Big Billion Days: Top metro cities drive demand, tier 2 cities show promise

Flipkart has witnessed more than 20 percent growth for two consecutive years

Shopsy, Flipkart’s hyper-value platform, witnessed a 70 percent rise in customer visits and nearly a three-fold increase in transactions compared to the pre-festive season