UPI recorded the biggest year-on-year growth of 74.1 per cent in transaction volume as of January 2023 and digital wallets grew from 5 per cent in 2019 to 35 per cent of POS value in 2022 stimulated by UPI, according to the '2023 Global Payments Report' by…

The Consumer Affairs Ministry is leading the latest round of deliberations which were held earlier this month, sources added. There has also been an inter-ministerial discussion with the Department for Promotion of Industry and Internal Trade (DPIIT) and…

Alibaba: The six units will include Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group and Digital Media and Entertainment Group.

Competition Commission is conducting inquiries against Amazon, Flipkart, Zomato, Swiggy, BookMyShow, Apple, WhatsApp, Facebook (Meta) and Google for alleged anti-competitive practices.

"As we focus on expanding our presence in international markets, including the USA, we are excited to partner with Liquidity Group to support our growth and to bring our innovative manufacturing solutions to a global audience," Abhishek Sharma, Co-Founder…

Meesho shared that 80 per cent of sellers who are new-to-e-commerce used it as their first shopping platform and nearly 50 per cent of these sellers come from tier 2 and beyond regions.

E-commerce giant Amazon has filed three lawsuits against bad actors that pretended to be legitimate copyright owners in an attempt to remove products from the Amazon Store.

The Confederation of All India Traders (CAIT) has demanded an empowered Regulatory Authority to monitor and regulate the e-commerce trade in the country.

Boxed: The plan to sell Spresso, its Software-as-a-Service business, chimes with the company's announcement last month to explore options to raise capital.

The government e marketplace (GeM) portals procurement in the fiscal year ended March 31, 2023, stood at Rs 2,00,401 crore, surpassing Rs 2 lakh crore for the first time since its inception in 2017. Even the number of orders in a year rose to an all-time…

Fashion platform is known for branded play; Ajio Street a new addition in non-branded biz

Mumbai: Imposing a digital facilitation fee for UPI transactions on e-commerce sites and using the resources to make UPI transactions free for merchan.

In its report, which was recently presented in Parliament, the panel has also urged the government to formulate a national cybercrime policy, which holds significance amid increasing reliance on digital technology.

Amazon has seized and disposed of more than 6 million counterfeit items in 2022

To launch grocery side shopping on ONDC; sets aside $15 million for biz

India Business News: The world’s largest company, Walmart, has no direct customer touchpoints in India, but a lot of its operations are powered by the country’s tech talen.

Frigidaire: The USA-based manufacturer will cater to Indian consumers with the support of Ossify Industries. The products will be from the house of Electrolux with features such as Wi-Fi connectivity and inverter technology, the company said.

Moves inventory of goods to emerging super sellers on the platform like Dawntech and Clicktech Retail.

The industry expects the overall e-commerce logistics opportunity to increase at a minimum CAGR of more than 20% so that it surpasses more than 10 billion parcels by the financial year 2027-28.

Amazon Fresh, the online grocery arm of Amazon, has expanded its presence to 50+ cities in India as compared to around 22 cities in April last year