Posts filtered by tags: E-commerce[x]


COVID-19: Swiggy sets up Rs 10 crore fund for its delivery persons

Swiggy has launched a Rs 10 crore fund to support delivery personnel who test positive for COVID-19. The delivery personnel’s will get income of upto 2 weeks, essential goods including food and groceries; their parents and families’ medical expenses related to COVID-19 will also be covered. Swiggy has so far raised Rs 4 crore, from founders, […] ...
Tags: Travel, News, E-commerce, Swiggy, Coronavirus, Ecommerce and COVID-19

Foreign e-commerce companies to pay 2% equalisation levy from April 1

For any sale of goods or services by a “non-resident” e-commerce operator in India, the government will impose a 2% equalisation levy starting April 1, 2020, according to the amendments to the Finance Bill passed by the Lok Sabha on March 23. Activities subject to equalisation levy Purchases made in territory of India or using […] ...
Tags: Travel, News, India, E-commerce, Lok Sabha, Equalization levy

E-commerce companies to operate without passes during COVID-19 lockdown: Faridabad Police

E-commerce companies do not need any pass from the district administration to operate in Faridabad, the Faridabad Police said in an order dated March 26. The commissioner’s office told MediaNama that they will validate the identity of delivery persons via ID cards, and it is not mandatory for them to be wearing uniforms “since every […] ...
Tags: Travel, News, E-commerce, FARIDABAD, Medianama, Coronavirus, Ecommerce and COVID-19, Faridabad Police

Noida allows e-commerce delivery of essential services, no govt passes required

All e-commerce companies are allowed to operate in Noida, the Gautam Buddh Nagar District Magistrate said in an order dated March 26. Delivery persons of e-commerce companies do not need any passes from the district administration, and their company ID would be sufficient to carry out delivery of essential goods, DM B.N. Singh said in […] ...
Tags: Travel, News, E-commerce, Singh, Noida, Coronavirus, Ecommerce and COVID-19, Gautam Buddh Nagar District Magistrate

Zomato extends Gold membership duration by 2 months, announces fund for delivery persons

Zomato will extend all paid Gold memberships across India, UAE, Australia, Indonesia, Philippines, Lebanon, Turkey, New Zealand, Portugal and Qatar by two months at no extra cost, founder Deepinder Goyal announced. The company will also start a fund to cover up the lost earnings of its delivery partners, and is “hoping” for government’s support towards […] ...
Tags: Travel, News, Qatar, E-commerce, Zomato, Deepinder Goyal, Coronavirus, Ecommerce and COVID-19

E-commerce firms can email Mumbai Police to continue operations during COVID-19 lockdown

All e-commerce firms and delivery service providers that deliver “essential” goods such as food and medicines can email Mumbai Police at [email protected] to continue operations in the city, the Mumbai Police tweeted. This includes grocery delivery, e-pharmacies, food delivery and courier services, Pranaya Ashok, the Deputy Commissioner of Police told MediaNama. The company itself, through […] ...
Tags: Travel, News, E-commerce, Mumbai, Mumbai Police, Coronavirus, Ecommerce and COVID-19, Pranaya Ashok the Deputy Commissioner of Police

DPIIT to monitor delivery of essential services through control room during COVID-19 lockdown

Yesterday, the Department for Promotion of Industry and Internal Trade (DPIIT), set up a control room to monitor, in real time, the status of transportation and delivery of goods, manufacturing, delivery of essential commodities as India continues with the 21-day lockdown to contain the COVID-19 pandemic. DPIIT has asked e-commerce, manufacturing, distribution companies among others to […] ...
Tags: Travel, News, India, E-commerce, DPIIT, Coronavirus, Ecommerce and COVID-19

COVID-19: E-commerce companies can get passes to operate in Hyderabad during curfew

All delivery and e-commerce companies in Hyderabad can obtain passes for their essential staff and vehicles by sending an email to [email protected], Jayesh Ranjan, the IT Secretary for the state of Telangana, tweeted. These passes can be obtained for 11 kinds of delivery related services, including milk and dairy; vegetable; meat, fish and chicken; medicines […] ...
Tags: Travel, News, E-commerce, Hyderabad, Telangana, Ecommerce and COVID-19, Jayesh Ranjan

Milkbasket staff, vendors allegedly heckled by local police a day before nationwide lockdown

E-commerce platform Milkbasket could not deliver a single order in Hyderabad and more than half of their orders in Gurugram and Noida, even before Prime Minister Narendra Modi announced a 21-day nationwide lockdown to contain the COVID-19 pandemic. Milkbasket’s CEO Anant Goel said that the company’s “staff, vendors and vehicles [were] being pushed back from the […] ...
Tags: Travel, News, Narendra Modi, E-commerce, Hyderabad, Noida, Gurugram, Milkbasket, Coronavirus, Ecommerce and COVID-19, Anant Goel

E-commerce delivery of essential goods exempted from 21-day COVID-19 curfew: Home Ministry

Update 10:10 pm: The Ministry of Home Affairs has exempted delivery of all essential goods through e-commerce from the 21-day curfew that will go into effect at midnight on March 25. This includes delivery of food, pharmaceuticals, and medical equipment. This 21-day curfew has been imposed to contain the spread of COVID-19 pandemic in India. […] ...
Tags: Travel, News, India, E-commerce, Ministry of Home Affairs, Delivery Services, MeitY, Coronavirus

Exclusive: Treat e-commerce delivery as essential service during COVID-19 shutdown: MEITY advises state governments

You’re reading it here first: Treat e-commerce functions, such as delivery, warehouse operations, shipping and logistics, as essential functions, the Ministry of Electronics and Information Technology (MEITY) told all state governments in an advisory to permit IT/ITeS industry to carry out essential functions. To plausibly ensure that delivery personnel and other associated employees are carrying […] ...
Tags: Travel, News, E-commerce, Delivery Services, MeitY, Coronavirus

Rolls-Royce’s Whispers App Offers Customers Exclusive Experiences, Products And Each Other

Double-R owners engage with the brand and its partners through a luxurious new community platform Owners of a Rolls-Royce from 2003 onward now have access to their own online community, Whispers, that connects them to content, experiences and products, other owners and company employees. All owners are welcome to join, but if you sell your (only) Rolls you’ll have to give up your membership in the …
Tags: Travel, Apps, Design, Technology, Shopping, Cars, Tech, E-commerce, Automotive, Luxury, Experiences, Rolls-royce, RR, Experiential

Recommendations by Department of Homeland Security to combat counterfeit goods online

On January 24, 2020, the Department of Homeland Security (DHS) released its report on fighting trafficking of counterfeit/pirated goods. This report was released a week before President Donald Trump signed an executive order that aims to prevent online sale of foreign counterfeit products to American citizens. Recommendations by the DHS 1. Make entities with financial […] ...
Tags: Travel, News, E-commerce, Dhs, Donald Trump, Department Of Homeland Security, Department of Homeland Security DHS, Counterfeit Products

Felix Capital closes $300M fund to double down on DTC, break into fintech and make late-stage deals

To kick off 2020 , one of Europe’s newer — and more successful — investment firms has closed a fresh, oversubscribed fund, one sign that VC in the region will continue to run strong in the year ahead after startups across Europe raised some $35 billion in 2019 . Felix Capital , the London firm founded by Frederic Court that was one of the earlier firms to identify and invest in the trend of direct-to-consumer businesses, has raised $300 million, money that it plans to use to continue investing...
Tags: Travel, Amazon, Personal Finance, Facebook, Asia, Europe, London, Money, Entrepreneurship, Ebay, Finance, Court, Social Media, E-commerce, Economy, United States

Sellers set their own prices, says Amazon: Report

Asserting that sellers on Amazon set their prices independently, Gopal Pillai, VP Seller Services, Amazon India, dismissed all allegations of deep discounting and predatory pricing by the retail giant, IANS reported. “Amazon is a 100 per cent pure marketplace in India. Sellers set the prices on their own. We do not interfere there at all,” […] ...
Tags: Travel, Amazon, News, India, E-commerce, Amazon India, IANS, Cait, Deep discounting, Gopal Pillai VP Seller Services Amazon India

The Biggest Risk to Your Business? Becoming a "Hidden Intermediary" (Thinks Out Loud 267)

Looking to drive results for your business? Click here to learn more. The Biggest Risk to Your Business? Becoming a “Hidden Intermediary” (Thinks Out Loud Episode 267) — Headlines and Show Notes In business, there are suppliers and intermediaries. And both face serious competition over the next few years. Google, Facebook, Amazon and others continue to create competitive pressures even in industries where they're not a primary player. But the biggest risk your company faces is if these po...
Tags: Google, Amazon, Facebook, Ecommerce, Podcast, Etsy, Ebay, Strategy, Seo, Customer Experience, Business Risk, E-commerce, Alibaba, Marriott, Tripadvisor, Zillow

U.S. online shoppers already spent $50B in November, holiday season on track for $143.7B

Facing a shorter holiday shopping season this year, U.S. retailers started rolling out their Black Friday deals earlier than usual. That move has paid off, according to new e-commerce data shared by Adobe Analytics this morning, which found that U.S. consumers have already spent $50.1 billion online between November 1 and November 26, 2019 — which represents a comparable increase of 15.8 percent year-over-year. This year, Thanksgiving arrived on November 28, a full week later than it did in 2018...
Tags: Travel, Amazon, Cyber Monday, Black Friday, TC, Ecommerce, Thanksgiving, Adobe, Shopping, Walmart, E-commerce, Online Shopping, Retail, Online Sales, Mobile Shopping, App Annie

COAI asks DoT to halt sale of illegal signal boosters and repeaters online: Report

After its appeal to online retailers in March went unheeded, the Cellular Operators Association of India (COAI) has written to the Department of Telecom (DoT) asking it to halt the illegal sale of mobile signal boosters and repeaters on e-commerce platforms, reports BusinessLine. COAI, an industry... ...
Tags: Travel, Amazon, News, E-commerce, Telecom, SnapDeal, Flipkart, Dot, Repeater, COAI, Department of Telecom, Cellular Operators Association of India COAI, Signal Booster

Tencent Q4 profit disappoints, but cloud and payments gain ground

China’s Tencent reported disappointing profits in the fourth quarter on the back of surging costs but saw emerging businesses pick up steam as it plots to diversify amid slackening gaming revenues. Net profit for the quarter slid 32 percent to 14.2 billion yuan ($2.1 billion), behind analysts’ forecast of 18.3 billion yuan. The decrease was due to one-off expenses related to its portfolio companies and investments in non-gaming segments like video content and financial technology. Excluding non-...
Tags: Travel, Gaming, Facebook, Asia, Hong Kong, China, Cloud Computing, E-commerce, Alibaba, Tencent, WeChat, Earnings, Alipay, Alibaba Group, Online Payments, iQiyi

Pine Labs acquires Amazon-backed Qwikcilver for $110 million

Pine Labs, a merchant platform based in Singapore, announced on Tuesday that it has acquired Bengaluru-based gift card solutions provider Qwikcilver – which counts Amazon among its investors – for $110 million (approx Rs758 crore). It claims to manage an annualised gross transaction... ...
Tags: Travel, Amazon, Mobile, Ecommerce, News, Internet, Singapore, India, E-commerce, Mergers & Acquisitions, Digital Payments, Qwikcilver, Pine Labs, Mergers And Acquisition

Instagram marks e-commerce debut with new ‘checkout’ button for US users

Instagram on Tuesday debuted a new ‘checkout’ button that will let users buy products tagged for sale without leaving the platform. It is the photo and video sharing platform’s first foray into e-commerce. For now, the feature is limited to users in the US who use the beta version of the app, and... ...
Tags: Travel, Ecommerce, News, Instagram, Shopping, US, E-commerce, Digital Payments

Alcohol e-commerce startup Thirstie raises $7M

Thirstie announced today that it has raised $7 million in Series A funding, and that it’s partnering with Drinkworks to power the e-commerce experience for the cocktail-making machine created by Keurig and Anheuser-Busch. Co-founder and CEO Devaraj Southworth suggested that this is emblematic of the company’s current direction — rather than building a consumer app for alcohol delivery (which is what Thirstie focused on initially), the company now works with alcohol brands like Dom Perignon, C...
Tags: Travel, Startups, Funding, E-commerce, Keurig, Citibank, Dom Perignon, Thirstie, Devaraj Southworth, Southworth, Queens Court, Anheuser Busch Co, Dom Pérignon Southworth, Queens Court Capital While, Joe Plumeri

#NAMApolicy: Effects of the E-Commerce Policy on Data Protection and Data Localisation

“The fundamental question here is this: when we already have a personal data protection bill in the pipelines, which the draft of which has been finalised, then why is the government trying to introduce data provisions through an e commerce policy?”, asks a participant at the... ...
Tags: Travel, News, E-commerce, Nama, NAMApolicy, NAMAecommerce

Nigeria’s drops consumer e-commerce, pivots to e-procurement

Nigerian startup is dropping consumer online retail and pivoting to B2B e-procurement with Gloopro as its new name. The Lagos based venture has called it quits on e-commerce grocery services, shifting to a product that supplies large and medium corporates with everything from desks to toilet paper. Gloopro’s new platform will generate revenues on a monthly fee structure and a percentage on goods delivered, according to Gloopro CEO D. O. Olusanya. Gloopro, which raised around $1 million i...
Tags: Travel, TC, Uber, Business, Nigeria, Africa, Articles, Spokesperson, Unilever, E-commerce, Economy, Egypt, South Africa, Morocco, Kenya, Online Retail

It isn’t just apps. China’s cinemas broke records during Lunar New Year

China celebrated Lunar New Year last week as hundreds of millions of people travelled to their hometowns. While many had longed to see their separated loved ones, others dreaded the weeklong holiday as relatives awkwardly caught up with them with questions like: “Why are you not married? How much do you earn?” Luckily, there are ways to survive the festive time in this digital age. Smartphone usage during this period has historically surged. Short video app TikTok’s China version Douyin notic...
Tags: Travel, Asia, Entertainment, China, Cloud Computing, E-commerce, Smartphone, Companies, Netflix, Alibaba, Tencent, Chinese communist party, Alibaba Group, iQiyi, Baidu, New Years Day

Luxury handbag marketplace Rebag raises $25M to expand to 30 more stores

Rebag, an online resale marketplace for luxury handbags, is getting another infusion of capital as it prepares to expand its offline retail operations. The company this week announced $25 million in Series C funding, in a round led by private equity firm Novator, with participation from existing investors, General Catalyst and FJ Labs. The round brings Rebag’s total raise to date to $52 million. Rebag competes with other luxury goods resellers, like TheRealReal, and to some extent with broade...
Tags: Travel, Startups, Ecommerce, New York, Marketplace, Shopping, Ebay, E-commerce, Luxury, Manhattan, Kelley Blue Book, Goldman Sachs, Handbags, Novator, Madison Avenue, Resale

Apple tells app developers to disclose or remove screen recording code

Apple is telling app developers to remove code that allows them to effectively record how a user interacts with their iPhone apps — or face removal from the company’s app store, TechCrunch can confirm. In an email, an Apple spokesperson said: “Protecting user privacy is paramount in the Apple ecosystem. Our App Store Review Guidelines require that apps request explicit user consent and provide a clear visual indication when recording, logging, or otherwise making a record of user activity.” “We ...
Tags: Travel, Iphone, Apple, Ios, Google, Google Play, Security, Facebook, Apps, Privacy, E-commerce, Smartphones, Software, Itunes, App-store, Operating Systems

FDI in the Ecommerce policy: Vendor neutral rules for marketplace-owned vendors

The Department of Industrial Promotion & Policy revised its guidelines on FDI in e-commerce and set out new rules for marketplaces and vendors, with relation to inventory and FDI, last week. The new guidelines will come into effect from 1 February, 2019.  The government’s updated policy... ...
Tags: Travel, Mobile, News, Internet, Government, E-commerce, Policy, Regulation, Online Marketplaces, Intermediary Liability, Fdi, FDI In E-Commerce, Draft National E-Commerce Policy, Department of Industrial Promotion Policy

Moglix raises $23M to digitize India’s manufacturing supply chain

We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global expansion. This new round was led by some impressive names that Moglix counts as existing investors: Accel Partners, Jungle Ventures and World Bank-affiliated IFC....
Tags: Travel, Amazon, Fundings & Exits, Ecommerce, Asia, Singapore, India, Funding, Walmart, E-commerce, Ifc, SaaS, World Bank, Online Payments, Chairman, Flipkart

Flipkart India receives Rs 2,190 Cr; leadership reshuffles: report

Flipkart infused Rs 2,190 crore into its wholesale arm Flipkart India early this month, reports the Economic Times citing regulatory filings. The funding came in on December 4. Earlier in March, Flipkart India had received a funding of Rs 4.472 crore from Flipkart Singapore. American e-commerce... ...
Tags: Travel, Mobile, News, Internet, Investments, E-commerce, Flipkart, Economic Times, Flipkart India, Industry Moves, Flipkart Singapore American

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