Competition and Industry News
How the growth of ecommerce in India is leading to consolidation in the industryedit
The e-commerce industry in India has seen exponential growth in a relatively short period of time. The industry has now reached a phase where the established players in specific sectors are looking to consolidate their position, and achieve long-term success.
Publication: YourStory (Online)
Date: November 12, 2018
E-commerceAlibaba’s Singles’ Day sales: Are the Indian and Chinese e-commerce sectors like apples and oranges?edit
Chinese e-commerce giant Alibaba sold a record $30.8 billion worth of products on its 24-hour Singles’ Day sale. The numbers were 27 percent higher as compared to the $24 billion of gross merchandise value (GMV) of sales last year.
Publication: Money Control (Online)
Date: November 12, 2018
E-commerce