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With Father's Day just around the corner, we harnessed the power of YouGov BrandIndex, a syndicated brand tracker that continuously collects data on thousands of brands every day, to analyze the most considered brands among urban Indian dads between May 1, 2023 and April 30, 2024, with a focus on retail.And the winner is…Among the e-commerce brands tracked by YouGov BrandIndex in India, Amazon has won the hearts of Indian dads with an impressive score of 75.1 and secured the No. 1 spot. Next is Flipkart which took the second position with 67.6 points.Food prices are rising…Interestingly, grocery brands are…

Kuehne Nagel announced at a groundbreaking ceremony that it will build a new fulfillment and distribution center in EZ Dubai, a dedicated e-commerce zone in Dubai South, close to Al Maktoum International Airport and connected to Jebel Ali Port via a bonded logistics corridor. The new centre's location and connectivity will serve as a hub for trade across the region, providing customers with easy access to a range of logistics solutions. Exemptions from customs clearance procedures within the bonded logistics corridor ensure efficiency and reliability of operations. “With the development of this new e-commerce fulfilment centre, Kuehne + Nagel continues…

In the next few hours, we will find out how Apple envisions the AI-infused version of iPhone software. Expect to see AI improve the iOS experience over the next year. Recent history shows that AI will evolve and iOS 19 and iOS 20 will be as AI-influenced as iOS 18. It will be interesting to see what happens. In the meantime, I want to set a benchmark for how generative AI is working for me ahead of Apple’s expected contribution. ChatGPT and Clode 85% of my AI use is ChatGPT on my Mac, first as a pinned tab in Safari,…

Most investors probably don't even know this is under consideration. If I point that out Walmart (WMT 1.12%) If I told you that Walmart is a $650 billion retail business, no one would be surprised. Everyone knows it's a huge company. But if I told you that Walmart is a $100 billion e-commerce platform, some people might be surprised. Yes, they should be surprised, because it is true that Walmart is a huge e-commerce company. When Walmart refers to e-commerce sales, it includes products purchased online and picked up in stores. Pure E-commerce sales is probably what most people think…

B2B e-commerce company Elastic Run's valuation estimate has been cut by HSBC to $800 million, according to a report by the Economic Times. The B2B e-commerce company is backed by SoftBank and Prosus. In a statement, the company said: “ElasticRun Network helps e-commerce companies reach customers in remote rural areas through its crowdsourced logistics network.” This extensive reach is made possible by its ElasticRun technology platform, which supports a crowdsourced, “capex-free” and “variable cost” logistics network, according to the company. The ElasticRun platform leverages rural Kirana networks to deliver trade, finance, and data from India's $600 billion consumer market, according…

Running an e-commerce store can be a lot of fun. The ability to deliver great products to your customers while also generating a decent profit is definitely appealing.For business owners who already have a long to-do list to manage, choosing a bank account may not be the most appealing option, but it can make a big difference to how your business operates. The right business bank account for Shopify store owners and other ecommerce professionals should balance low fees with convenient software integrations, and in this article we'll look at some of the top business bank account options available today.…

The COVID-19 pandemic and the containment measures taken to prevent its spread have had a major impact on many countries and regions in the Forum for East Asia-Latin America Cooperation (FEALAC), changing the activities and business models of businesses, especially MSMEs, as well as shopping habits. Indeed, e-commerce has shown unprecedented growth as businesses and consumers turned to digital channels to stay active. In this context, there is an urgent need for governments to step up support for businesses, especially SMEs, to benefit from the rapidly growing domestic and international e-commerce markets. However, there is a lack of timely data…

MUMBAI: With scorching heat urging consumers to stay indoors, at least during peak afternoon hours, they are increasingly replenishing their shopping carts online with items ranging from air conditioners to beauty products and even snacks.For example, Voltas' online sales through Amazon and Flipkart grew 190% year-over-year between March and May 2024. Sales through its own website grew about 60% year-over-year between April and May, a company spokesperson said. ExpandingDemand for air conditioners and coolers on Flipkart nearly doubled in May this year compared to the same period last year. While demand was strong in the South and East in April,…

Darussalam Enterprise (DARe) Director of Enterprise Development Norlela binti Suhaily spoke about the importance of multi-institutional efforts to mainstream women's participation in the economic activities of Micro, Small and Medium Enterprises (MSMEs) at both the ASEAN and national levels, saying that they have launched various development programmes and initiatives to create a supportive environment that enables women entrepreneurs to embark on their entrepreneurial journey, foster growth and increase their impact in the economic community. She said this during the country launch of the ASEAN Developing Women's Digital Economy Participation Project (IDEAS), a continuing initiative of the Brunei Darussalam Economic Development…

As online fast fashion retailer Shein steps up its pre-IPO pitch in the UK, it is also facing growing backlash from European retailers and lawmakers.As citizens across 27 countries vote in the European Union (EU) elections, European textile, clothing, leather and footwear manufacturers this week called on future EU policymakers to protect 1.5 million jobs in the sector from low-cost products being “dumped” on the market.With industrial policy a key election issue, apparel makers, retailers and e-commerce companies are trying to put cheap Chinese-made clothing, accessories and equipment on the agenda, using the same language used by EU officials about…