Online retail News

The purpose of the meeting is to prepare a road map ahead. The discussions will be broadly based on the impact of fake and misleading reviews on consumers and possible measures to prevent such anomaly, the ministry said in a statement.

Sean’s marketing business Goodlife Agency has become a top performer in the eCommerce industry, continually providing profitable marketing for its clients.

E-commerce players like Flipkart, Amazon and Snapdeal were to deduct 1 per cent TCS (tax collected at source) while making payments to suppliers under the GST that rolls out from July 1.

E-commerce industry is likely to generate 2.5 lakh jobs in online retail this year, as the hiring in the sector is expected to grow at 60-65 per cent, says a report.

With more Indians buying products online, traders' body CAIT will launch a portal christened "e-Lala" next month to support brick & mortar shops to embrace e-commerce as an additional platform to generate more business.

Online marketplace Snapdeal has raised USD 500 million (about Rs 3,269 crore) in a fresh round of funding from a clutch of investors led by Alibaba Group, Foxconn and SoftBank.

Keeping a close watch on the growing e-commerce market, fair trade regulator CCI is probing whether certain resale price arrangements between manufacturers and e-retailers violate competition norms.

Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area.

Jet has raised $220 million so far for an ecommerce service with some 1,600 retail partners, and plans to sell some 10 million products when it launches in the coming weeks.

China`s e-commerce giant, Alibaba Group, has been fined 800,000 yuan ($129,000) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.

Online retail market spending is likely to jump more than 10 times to USD 14 billion in the next five years in the seven major cities, according to property consultant Knight Frank.

Online retail giant Amazon scored its first ever Golden Globes on Sunday with two wins for dark comedy "Transparent" -- a breakthrough in its bid to catch up with streaming pioneer Netflix.

The online retail spending in the country is expected to reach USD 16 billion (around Rs 1 lakh crore) by 2018 with the number of people buying online touching 128 million, a report said Monday.

'SnapdealSavingsDay' started at 7am today covering various products on offer from electronic items to gadgets, apparels, footwears and kitchen items.

Indian online retail market is estimated to grow over 4-fold to touch USD 14.5 billion (over Rs 88,000 crore) by 2018 on account of rapid expansion of e-commerce in the country.

Snapdeal Tuesday said Japanese telecom giant Softbank will invest USD 627 million (about Rs 3,762 crore) in the company, becoming the largest shareholder in the online marketplace major.

The chief executive of e-commerce major Amazon, Jeffrey P Bezos, called on Prime Minister Narendra Modi Friday.

Four Amazon shipping centres in Germany were the target of fresh walkouts on Monday in a long-running wage dispute with the US online retail giant.

With increasing number of people preferring to shop online, the retail category penetration has increased to 65 percent and has grown to 53.4 million visitors a month, an overall growth of 15 percent annually, according to a report.

With Flipkart, Amazon, Snapdeal and the like hogging headlines for months, the Rs 520-crore Patel Integrated Logistics is entering the e-tailing arena with a dedicated last-mile delivery vertical to serve this booming multi-billion-dollar sunshine sector.