Competition and Industry News
How Indian retailers can make the most of the festive seasonedit
The festive season, across the globe, is marked by family get-togethers, home-cooked food, vacations and loads of shopping! The scene is no different in India. Despite the diverse geographies, socio-economic factors and customer preferences, India stands united in its collective obsession of going on a binged shopping spree during the festive season.
Publication: The Economic Times (Online)
Date: November 15, 2018
The Future Of E-Commerce And Retail Will Be Written In Chinaedit
China’s experiments in shopping are moving into high gear. The world needs to pay attention. Consider Alibaba, the Chinese Internet giant whose wide-ranging businesses span e-commerce, offline retail, fintech, online video, maps and browsers, and artificial intelligence. By the third quarter of 2017, Alibaba’s business model appeared to have reached peak fruition, as the company took pole position as the world’s largest e-commerce platform (by a factor of at least 2x Amazon), but was also third in digital advertising, just behind Google and Facebook.
Publication: Forbes (Online)
Date: November 16, 2018
E-commercePepperfry, Bajaj Finserv tie up to provide No Cost EMIsedit
Online furniture brand Pepperfry has entered into a partnership with Bajaj Finserv Limited to provide ‘No-cost EMI’ financing for its customers. This method of payment will be available to all Bajaj Finserv cardholders for all products being sold on Pepperfry.com with a minimum value of `7,500 for a tenure of three-to-five months.
Publication: The New Indian Express (Online)
Date: November 15, 2018
Pepperfry