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Kulgam/Katur, July 8: Jammu and Kashmir Trade Promotion Organisation (JKTPO) continues to boost economic growth in the region with successful e-commerce onboarding activities in Kulgam and Kathua.These initiatives, organised in partnership with local government bodies and e-commerce operators, aim to promote local products and educate entrepreneurs on the benefits of selling online to expand their reach on a global scale.In Kulgam, the event held at the DC office saw active participation of over 200 entrepreneurs including women entrepreneurs, retailers, artisans, exporters, growers and Farmer Producer Organisations (FPOs).The activity immediately facilitated the onboarding process of 50 participants while the remaining participants…
“As Hong Kong's largest electronic payment platform, we want to be at the forefront of supporting businesses,” said Rita Li, Octopus' director of sales and marketing.Companies are facing a tougher market as a strong Hong Kong dollar encourages Hong Kongers to cross the border to buy cheaper goods and services in mainland Chinese cities such as Shenzhen.The Post reported that many businesses that introduced Octopus card readers to take advantage of the government's increased public spending through the issuance of e-vouchers during the COVID-19 pandemic have since stopped using them.Some merchants say they have stopped using electronic payment systems to…
Businesses are facing a tougher market as Hong Kongers increasingly cross the border to buy cheaper goods and services in mainland Chinese cities such as Shenzhen, buoyed by a strong Hong Kong dollar.Golden Garden Cafe, a cha chaan teng in Sham Shui Po, recently stopped accepting Octopus payments but kept AlipayHK as the outlet's only electronic payment method.AlipayHK is owned by Ant Group, an affiliate of Alibaba Group Holding, which also owns the South China Morning Post.The restaurant, which is located near several outlets, introduced electronic payment methods to attract customers who want to use their e-vouchers during the pandemic.Retiree…
Press Release, July 2024 (Orbis Research) – E-commerce sales service market This market research report aims to provide a comprehensive analysis of the E-commerce Selling Services market including current status, constraints, impact of COVID-19, strategic outlook, latest product developments, market entry and expansion strategies, regional performance, key player performance, market estimates and future outlook. The report aims to assist stakeholders in understanding market trends and making informed decisions to capitalize on growth opportunities. Current market situation: This section provides an overview of the current state of the e-commerce sales services market, including market size, growth rate, and key trends observed…
Pepperfry IPO: Pepperfry makes its revenue primarily through commissions on product sales. Pepperfry derives 60% of its revenue from home décor and is increasing its focus on this category. Pepperfry postpones IPO plans: Here's why (Photo credit: X/ @Pepperfry/ depositphotos) New Delhi: E-commerce company Pepperfry has decided to postpone its initial public offering (IPO) plans. The omnichannel furniture retailer will focus on growth and profitability throughout its current fiscal year rather than immediately pursuing an IPO. Founded in 2012, Pepperfry had been aiming to raise $250 million to $300 million by going public in 2022. “We have postponed our IPO…
[–>Superbalist has been forced to increase its Google online advertising by 200% since Tem and Shane expanded into South Africa. Take-a-lot Group is stepping up investment in online fashion retailer Superbalist as it revamps its business model amid growing competition from Chinese multinational online retailers.When you are charged South Africa's largest online clothing store, SuperbalistThe .com has been performing badly for years, with the retailer posting a 7% increase in total merchant value (GMV) in its annual financial report released last month.While South Africa's online retail industry has experienced impressive growth, reaching R71 billion in sales in 2023, local e-commerce…
Welcome to AI News Today, your daily roundup of the AI industry. Bridgewater launches $2 billion machine learning fund Bridgewater Associates (NASDAQ: BWB), a leading Connecticut hedge fund, has launched a $2 billion fund that will use machine learning in its decision-making, using models developed in collaboration with AI leaders such as OpenAI, Anthropic and Perplexity. For more information, please visit the TDR website. NVIDIA analyst price targets: high of $200, low of $90 by June 2025 NVIDIA (NASDAQ: NVDA) Analyst Price Targets – The highest price target comes from Hans Mosesmann of Rosenblatt, who sees Nvidia's stock rising 64%…
In today's digital age, an effective online presence is essential for any business looking to succeed and expand its reach. A well-designed website not only attracts potential customers but also significantly increases the credibility of your brand. For businesses looking to revamp their online presence, Top Website Design Companies in India can be a game changer. In this article, we will look at some of the leading web design companies in India that are known for their innovation, creativity, and excellence in providing excellent website design services. Why invest in professional web design? Before taking a closer look at the…
RIYADH — The issuance of existing commercial records for e-commerce stood at 40,697 by the end of the second quarter of 2024, registering an increase of 17.47 percent compared to 34,645 in the same period of 2023, according to the Business Sector Bulletin issued by the Ministry of Commerce in the second quarter of 2024.Riyadh city led the Saudi Arabian region in the number of e-commerce records issued, with 16,535 trade records issued, followed by Makkah with 10,325, the Eastern Province with 6,525, Madinah with 1,938 and Al Qassim with 1,326.Strengthening e-commerce business systems is one of the goals of…
More than 7,000 farming communities have joined the government's e-commerce platform, the Open Network for Digital Commerce (ONDC), and the Ministry of Agriculture has begun training them on packaging, branding, marketing, credit linkages with banks, digital payments and compliance. Officials said ONDC, which is being promoted as an alternative to global e-commerce platforms such as Amazon, Major companies such as Walmart have begun offering specialized training on various aspects of business development and marketing through workshops and events that the Ministry of Agriculture will organize across the country over the next year. “We plan to hold two mega events every…