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With worldwide retail e-commerce sales projected to increase, the industry is booming without plans to stop any time soon.
Empirical evidence found in a recent strategic grant awarded by the International Trade Center (ITC) and the United Nations Capital Development Fund (UNCDF) to 18 women entrepreneurs in the country speaks for itself. Subsidies, entrepreneurship, or entrepreneurs can transform and fuel a country by steadily creating, building, and growing its economy. Within 3 months, 18 women entrepreneurs have recorded commendable success stories and positive results, supported with grants totaling USD 300,000 to expand and grow their businesses, thereby creating jobs. (Points April 19, 2024). According to media reports, this support was facilitated by the International Trade Center (ITC) and the…
Flipkart's grocery business is growing rapidly with 1.6x growth compared to the previous yearflipkart Flipkart, India's leading e-commerce marketplace, announced a significant milestone in its grocery business, registering 1.6x year-on-year growth. This achievement confirms his Flipkart's commitment to providing the best online shopping experience across India by offering a wide selection of everyday items at competitive prices and convenience. As a customer-centric organization, Flipkart Grocery ensures to provide fresh produce at affordable prices. To increase consumer trust, we display manufacturing and expiry dates on all products to ensure transparency and freshness. As part of its expansion, Flipkart is deepening its…
(This is CNBC Pro's live coverage of Tuesday's analyst conference call and Wall Street chatter. Refresh every 20-30 minutes to see the latest posts.) Among the stocks analysts were talking about on Tuesday were a Latin American e-commerce giant and a solar power stock. Jefferies upgraded MercadoLibre to a buy recommendation and raised its price target on the stock. Meanwhile, Sunnova Energy was downgraded to neutral by Piper Sandler. Check out the latest conference call and chatter below. All times ET. 8:47 a.m.: JPMorgan remains bullish on Supermicro as AI investment cycle remains “early stage” Analyst Samik Chatterjee maintained his…
Gopa Menon, Mindshare's head of digital for South Asia, has reportedly left the company. During his tenure, Mr. Menon focused on driving digital transformation and implementing business strategy for Mindshare South Asia and its customers. He also played a key role in driving the company's performance in areas such as e-commerce and martech. Additionally, Menon was involved in formulating organization-wide policies and fostering collaboration between Mindshare and GroupM agencies. He was also instrumental in formulating overarching objectives to drive Mindshare's growth in the market. Led a client's digital transformation process. In other developments, Mindshare has appointed former Reckitt alumnus Kalyan…
Mindshare's head of digital for South Asia, Gopa Menon, has reportedly left the company. During his tenure, Menon focused on driving digital transformation and executing business strategies for Mindshare South Asia and its customers. He also played a key role in improving the company's performance in areas such as e-commerce and martech. Additionally, Menon was involved in developing organization-wide policies and fostering collaboration between Mindshare and GroupM agencies. He also helped develop overarching goals to drive mindshare growth in the market and led the client's digital transformation process. In other developments, Mindshare has appointed Reckitt's Kalyan Andinti as its new…
An advertisement for the Huawei Pura70 mobile phone is seen in front of the Apple Store on the Nanjing Road pedestrian street in Shanghai, China, on May 15, 2024.Null Photo | Null Photo | Getty ImagesAs the 618 Shopping Festival promotion begins in China, Apple is aiming to boost sales by offering deep discounts on iPhones in China amid fierce competition from local brands such as Huawei.Chinese e-commerce marketplaces JD.com and Alibaba's Tmall have sold some iPhone models at discounts of up to 20% since the 618 Festival promotion began on Monday. ing.Apple's 256GB iPhone 15 Pro Max is on…
An advertisement for the Huawei Pura70 mobile phone is displayed in front of an Apple Store on Nanjing Road Pedestrian Street in Shanghai, China, May 15, 2024.Nurphoto | Nurphoto | Getty Imagesapple The company is offering deep discounts on iPhones in China to boost sales amid stiff competition from local brands such as Huawei as promotions for China's 618 shopping festival get underway.Chinese e-commerce marketplaces JD.com and Alibaba's Tmall have been selling select iPhone models at discounts of up to 20 percent since their 618 festival promotions began on Monday.Apple's 256GB iPhone 15 Pro Max is on sale for 7,949…
Microsoft has launched a new type of personal computer designed with AI capabilities, highlighting the company's commitment to integrating cutting-edge technology across its product lineup. The new field not only boosts Microsoft's business, it also positions the company to compete directly with AI-driven advances from tech giants such as Alphabet Inc. and Apple Inc. CEO Satya Nadella unveiled the Copilot+ PCs at an event on the Microsoft campus in Redmond, Wash. The computers, developed in collaboration with manufacturers such as Acer Inc. and Asustek Computer Inc., come as Microsoft shares are nearing record highs amid Wall Street hopes that AI…
BENGALURU: Online shopping is growing rapidly, with more than one in three online shoppers surveyed now cutting back on discretionary and essential spending, according to a report by public policy think tank Empower India. The company uses e-commerce as its main channel.A survey of 69,000 e-commerce users revealed a strong preference for online shopping, with 63% of men and 37% of women expressing a preference for digital transactions. Approximately 36% of e-commerce users use e-commerce sites as their primary method of shopping.E-commerce platforms are increasingly preferred because of the convenience of home delivery (82%), ease of finding desired products (67%),…