Diabytes
Indian e-commerce market News
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It was USD 33 billion in 2017-18.
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The US retailer can acquire a stake of 15% to 20% in e-commerce firm Flipkart.
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E-commerce major Flipkart will give 20 select customers a behind-the-scene experience of its operations to give them a feel of how online shopping works after an order has been placed.
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Demonetisation drive by the government is a great step forward towards removing many bottleneck operations including cash-on-delivery in the Indian e-commerce market, said Facebook Managing Director (India) Umang Bedi on Thursday.
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Backed by huge discounts and the rising use of smartphones, the Indian e-commerce market is poised to grow 36 percent during the 2015-20, a new report has said.
Tata, however, refused to comment specifically about any investments in e-retalier Snapdeal.
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