The Retail industry is evolving with eCommerce, AI-driven personalization, and omnichannel experiences. Explore trends in digital payments, supply chain automation, augmented reality shopping, and customer engagement strategies.
Moving to the North Shore from Victoria we were determined to open a cafe that would blend local preferences with practical needs. Step One was to do our market analysis and appreciate that our contact audience was likely to be affluent and discerning so our focus was on upscale offerings and quality. With this in
The likes of the Indian e-commerce and startup scenario are currently on the verge of blooming. With several ventures emerging within the market space, offering a unique and cumulative range of services has become a ritual for blooming and budding retail players. Although the e-commerce market is dominated by the likes of giants like Amazon
Key Highlights: EVERING introduces its NFC ring, providing the ease of contactless payment to Japanese customers while adhering to the “Less is Smart” concept. Thales will supply embedded security and contactless technologies, as well as payment personalization services, in order to provide trusted transactions via the smart ring. According to EVERING CEO Takeshi Kawada, EVERING
Key Highlights: India is adopting EV Union Square Ventures (USV) is an American venture capital firm based in New York City. The firm has supported more than 130 startups, including Twitter, Coinbase, Zynga, Tumblr, and many others. USV also invested in its $162 million Climate Fund, which was formed in January. Marking its first step
Advertising is mainly about striking the right chord with your target audience. It is one of the most powerful and trending marketing tools in the digital world. Contextual advertising is a new form of modern marketing. These are targeted forms of ads based on the context of the content on a webpage. Companies can track
Key Highlights: No Public Disclosures Shein, the fast-growing Chinese online retailer, has not made public disclosures regarding labor conditions in its supply chain, as required by UK legislation, and the business recently placed a misleading statement on its website. According to the parameters provided, Businesshala discovered that the manufacturers it employs are accredited by international
Key Highlights: • Alibaba launches cloud-based livestream shopping product tailored for online shopping to allow e-commerce players launch live stream shopping features • The features will be hosted on Alibaba’s cloud • The company’s cloud computing announcement came after it reported its first net loss as a public company 2800 Nodes in Over 70 Countries
Key takeaways: Indian etailer, Big Bazar’s marketing strategy set to take potshots at US’s Amazon in India. The move intensifies the Big Bazar parent company, Future Group’s legal battle against Amazon. Debt-laden Future Group’s worth Rs. 24,700 crore deal with Reliance hangs in balance. Future Group has adopted a marketing strategy that is set to
The leading footwear brand Bata India fell 6.84 percent to INR 1,462.20 on the BSE after reporting results from the 3rd quarter. The shoemaker and retailer Bata India’s 3rd quarter (October-December) revenue has declined around 80 percent to INR 26 crore as compared to last year’s Q3 revenue with INR 118 crore. The Company’s revenue
According to a report, India’s Reliance Industries is looking forward to embedding its e-commerce app JioMart into WhatsApp by the mid of 2021. Mukesh Ambani’s Reliance industry – core business is oil and energy is now trying hard to step into e-commerce app. Last year in 2020, Reliance has raised about $26 billion from investors
Twinkle Khanna will share style tips and useful festive DIY hacks Every month, Pinterest entertains more than 400 million people around the world with great inspirations to create a life they love. Often, Pinterest users are planners, and it’s not surprising that they start searching for Diwali -related ideas as early as the month of
Leveraging the Strong Wholesale Capabilities Popular Indian E-commerce platform Flipkart recently announced the acquisition of 100 percent interest in Walmart to leverage the strong wholesale capabilities of the company. Flipkart also launched Flipkart Wholesale, a new digital marketplace designed to help transform the kirana retail ecosystem in India. Flipkart Wholesale will launch its operations in
Retail team to provide sales, training, and support amid COVID-19 pandemic Microsoft Corporation’s sales have grown online as its product portfolio has evolved to largely digital offerings, and its talented team has proven success serving customers beyond any physical location. Thus, the Company has announced a strategic change in its retail operations, including closing Microsoft
Partners with leading Chinese multi-channel network for promotions In recent years, content-driven e-commerce has been surging in China. Alibaba Group’s dedicated live streaming channel, Taobao has thrived in 2019 with live streaming-led transactions growing over 150% for three consecutive years. Observing the trend, Blue Hat Interactive Entertainment Technology has partnered with Xiamen Xing Meng Wei
Start of Non-Essential Services Snapdeal, Amazon and other online shopping firms will resume selling non-essential items to customers in India starting April 20, weeks after New Delhi imposed a lockdown in the country that has cost e-commerce companies more than a billion dollars in sales. New Delhi said that the e-commerce companies can resume accepting
Expanding its Reach A popular accounting software package, Intuit QuickBooks has recently partnered with Visa, the World’s leading card network. Intuit aims to strengthen its strategy for small and medium-sized business (SMB) customers in India. Over 4.5 million small businesses and accountants use Intuit’s QuickBooks Online. For QuickBooks, this partnership with Visa is the first
Boosting the Growth of Business in APAC Region Amorepacific Group, a Korea-based cosmetics company has recently announced a business partnership with the leading lifestyle retailer company in Indonesia, Mitra Adi Perkasa (MAP). Amorepacific Group aims to boost its business growth in Indonesia through this partnership with MAP, as Indonesia is a high potential market within
Uber Eats to get 9.99% Ownership in Zomato Leading food delivery and restaurant aggregation platform, Zomato has recently announced that it has acquired Uber Eats’ business in India in an all-stock deal. Uber’s food delivery business will be directed to Zomato by this deal. Zomato has agreed to give Uber 9.99% ownership in Zomato. The
The initiative will bring SMEs online Jeff Bezos has arrived in India amid controversy surrounding its e-commerce marketplace Amazon. The antitrust probe launched by Indian authorities on the basis of a complaint filed by the small merchants. These merchants are gathering all over the county to protest against the so-called predatory practices by the Amazon.
Small business suffering sue to these practices Indian Authorities have launched an investigation after Retail Trade Group complained against e-commerce giants Amazon and Flipkart. The allegation was that both the companies were indulging in anti-competitive practices to gain an advantage on local traders. The antitrust organization Competition Commission of India (CCI) has pointed out several
Amazon to Become Authorized Online Sales Channel for Future Group E-commerce giant, Amazon, said that it has signed long term business agreements with the Future Group. The deal is expected to expand the reach of Future Group’s retail stores and consumer brands with the help of Amazon. Last year, Amazon had agreed to buy a
Working On Rolling Out Financial Services Requesting anonymity, three industry officials aware of the development said, Billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd could foray into distributing mutual funds and other financial products in the New Year. It is speculated that JioMoney which is Reliance Jio’s digital payment platform could be used to sell the
This version is specially designed for Indian Market Amazon has launched many variants of Echo speakers in India, on Wednesday they introduced another one. This new speaker solves the problem of portability as many of the customers are asking for it for a long time. The online shopping destination revealed its new series of Echo
A new deal is in work with Wingtech Samsung is planning to sift a major chunk of its production line to China. The move is a deliberate effort to counter the rival smartphone makers in the low-cost segment. Prior to this, the company has closed its only plant in China. It seems like the company
Qoo10 is targeting South-east Asia with this deal Qoo10, the e-commerce company originated out of Singapore has bought Indian online shopping destination ShopClues, which is considered as an all-stock deal. ShopClues once valued at 100 million US dollars was struggling to compete with the giants such as Amazon and Flipkart. The acquisition will enable the
This is the first of its kind service in India The users of Amazon Pay now can pay their utility, internet, mobile and TV bills using voice command through Alexa. It is the first that the e-commerce company using this kind of capabilities that involves Amazon Pay in a market. The main competitor of Amazon
90 percent of new internet users in India are native language speakers According to Industry research, 90 percent of new internet users in India are native language speakers. Hence the number is large; it is important to offer a native e-commerce experience to the users allowing them easy readability helping them in decision making. On
E-commerce giant plans to eliminate use of plastic Bengaluru based E-commerce giant Flipkart said, “By March 2021, it is planning to eliminate single-use plastic in packing and move towards a 100 percent recycled plastic consumption in its own supply chain.” As of 1 August 2019, the company has achieved a 25 percent reduction in single-use
Offline to Online initiative aims at creating a link The India e-commerce giant Reliance could launch its “new commerce” venture around Diwali. The offline to online initiative aims to link traders, producers, small merchants, brands and consumers through technology. The retail arm of the company has been working on its new commerce plan for nearly
Flipkart and Amazon India is ready for the online grocery market Two of the biggest player in the market, Walmart owned Flipkart and Amazon India are planning to up its game in grocery delivery services. In 2017, Amazon pantry and Flipkart both were rolled out. However, both these companies seem to have a different plan
Reliance’s 42 Annual General Meeting On 12 August 2019, during the Reliance’s 42 Annual general Meeting (AGM), Mukesh Ambani, Chairman and Managing Director of Reliance Industries’ announced the roll out of Jio Fiber broadband services. The general public can start using the high speed internet from 5 September onwards. The company changed the name of
Production of Robusta coffee has gone by 40% Robusta crop is mainly used for preparing instant coffee. In the past few years, the production of Robusta coffee has gone down to nearly 40% which directly impact the export of the coffee. Due to the shortage of Indian beans made it costlier than other overseas produce.
Reliance Jio’s Network will play a key role pushing Reliance retail Mukesh Ambani’s Reliance retail is all set to take offline players like EasyDay, Big Bazaar and others before taking on global players in e-commerce market. There has been lot of buzz around the country that Reliance Jio’s network will play a key factor in
Super Brand Day will feature exclusive deals across P&G’s leading hair care brands, Pantene, Head & Shoulders, and Herbal Essences Procter & Gamble a leading e-commerce platform in Southeast Asia and Taiwan, announces the launch of the 1st Regional Super Brand Day to “Stop Bad Hair Day”. During this campaign, Shopee will launch P&G’s latest
On Demand Delivery service to decide where and when to receive their overseas deliveries DHL Express, the world’s leading international express service provider, has announced a strategic partnership with Circle K to extend its On Demand Delivery service to more than 300 Circle K stores across Hong Kong. Under this partnership, customers will be able
Arçelik continues to expand its footprint in Asia-Pacific Arçelik has signed an agreement to acquire Retail Holdings Bhold BV that has a majority stake in Singer Bangladesh Limited, one of the leading home appliance retailers and manufacturers in Bangladesh, to expand its foothold further in Asia-Pacific. Under the agreement, Arçelik’s wholly owned subsidiary Ardutch B.V.,
Digimarc Corporation, will be showcasing a number of retail technology and packaging solutions with its global alliance partners at RetailTech Japan. The event on March 5-8, 2019 is the Japan’s largest and most influential trade show specializing in retail information systems. Digimarc’s presence at RetailTech Japan demonstrates the company’s growing momentum in the region. Bruce
With this deal, Emami aims to enhance its brand growth through its existing network Emami Group, an Indian conglomerate company recently announced the acquisition of Creme 21, a German skincare products company for an undisclosed amount. According to Emami, Creme 21, which has major business in the Middle East and other focus markets, has been
Japan Airlines will launch a series of innovative loyalty offering Japan Airlines, the national airline of Japan, and Ascenda, have signed a strategic partnership to launch a series of market-leading rewards offerings for JAL Mileage Bank members. Ascenda is a global provider of innovative loyalty solutions and operates premium rewards propositions for major financial services
The deal would benefit both the entities in several ways to boost businesses and technology growth. China’s e-commerce giant Alibaba has entered in an agreement with the federal government of Belgium to open its first Electronic World Trade Platform (eWTP) in Europe aiming to promote long-term cross-border trade. Belgium’s Deputy Prime Minister Kris Peeters and
The offline retailers will be known as ‘REAL Partners’ and intend value addition to the customer experience. The China-based handset maker, Realme, has recently announced its plans to expand offline sales in India to 150 cities in 2019. The young business entity has reported to achieve it in a phased manner, starting with 10 cities
Flipkart India has received an infusion of Rs. 2,190.64 crore in the form of equity shares This comes later the Singapore-based parent company of Flipkart had invested Rs 4,472 crore in the wholesale arm in March this year.As per regulatory filings, the investment from Singapore-based Flipkart Pvt Ltd came in on December 4. Flipkart and Amazon
According to the survey conducted by analysts and industry groups, the government of India is planning to increase the prices of domestic natural gas than done in last 2 years. This price hike will multiply the profits of producer companies such as Oil and Natural Gas Corp. Ltd (ONGC) and Oil India Ltd. In 2017
Swiss multinational company, Bata has its major holding company in India. As per the recent retail reports, Bata India is expected to become number one by the end of 2018 beating the current ruler Bata Italy. Director Christine Bata Schmidt of Bata Shoe Organization (BSO) has claimed, “India is the second most important market. But,
E-commerce major Flipkart owned Ekart Logistics Raises Rs. 1,632 Crore. Flipkart acquired Ekart from WS Retail Services, a major seller on Flipkart’s platform, in 2015. Ekart has received a funding of Rs. 1,632 crore recently from Klick2Shop, as per regulatory filings. As per the documents filed with the Corporate Affairs Ministry, Instakart Services — the
Manufacturers are having relief as the government has decided that as per the composition scheme, there will be 1% GST against 2 percent earlier. The government has notified lower 1 percent GST rates for manufacturers who have opted for composition schemes as well as easier norms for traders opting for it. The finance ministry has
FedEx Express has launched FedEx Delivery Manager in India. FedEx Delivery Manager is a delivery solution that allows retailers to provide extra flexibility to their customers by allowing them to customize the timing and location of their deliveries without any extra cost. As experts say, Logistics is a key enabler for the growth of the
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