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