Company News
Amazon eyes $5 bn in exports from Indiaedit
Amazon’s major sale event, Prime Day, saw an increase of 69% in number of sellers, while Cyber Monday and Black Friday saw an increase of 30% each in seller numbers.According to the Digest, north India exported watches, cameras, pet products, outdoor and home entertainment products, while south India sold board games, shoes, home entertainment, sports gear, camera bags and the like. West India exported arts and crafts, luggage, videos and DVDs, personal care appliances while east India contributed watches, furniture, personal care appliances, tools and electronics.New York, Los Angeles, Chicago and Houston are the top American cities from where Indian exporters have been receiving maximum orders.
Publication: The Hindu (Online)
Date : April 30, 2019
xyzedit
abc
We supported Amadeus Labs with a useful reference guide for new-joiners at the organization, which later also served as a supporting document for their Great Place To Work submission. Written and illustrated in a story-book format, this informational coffee-table book tells us all about Ishaan, a fictional employee, and his experience of joining Amadeus Labs.
New Delhi, May 2. Pepperfry, the furniture and home products marketplace, has tied up with BankBazaar, a personal finance marketplace, to offer its New Delhi, May 2. Pepperfry, the furniture and home products marketplace, has tied up with BankBazaar, a personal finance marketplace, to offer its
publication: toi
Date:
Competition and Industry News
Amazon’s India unit sees 56% rise in export merchantsedit
Amazon.com Inc’s India unit saw a 56 percent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday.Indian merchants were exporting more than 140 million products on Amazon’s app and website, with cumulative sales expected to top $5 billion in the next four years, country head Amit Agarwal told reporters in Bengaluru. Amazon launched its Global Selling Program in 2015, as part of its efforts to get more small-and-medium sized vendors on board. Vendor consolidation is key in India, which is among the Seattle-based company’s top growth markets.
Publication: Mint (Online)
Date : April 30, 2019
AmazonFashion is among top three categories for Amazon Indiaedit
Fashion is one of the top three categories for Amazon in terms of number of customers as well as business done, a top executive said on April 30. Overall fashion is one of the top three largest categories. It also contributes the largest in customers (acquisition), Mayank Shivam, Director, category management, Amazon Fashion, told Moneycontrol in an interaction.He declined to talk about market share captured by the fashion category at a time when Flipkart Group that constituents of three fashion brands — Flipkart Fashion, Myntra and Jabong claims to be having 80 percent market share of the online fashion segment.
Publication: Moneycontrol (Online)
Date : April 30, 2019
AmazonPepperfry partners with Bankbazaar to offer loans for home renovation and furnitureedit
Through this partnership, Studio Pepperfry customers can avail the home renovation or upgradation loan from a range of curated offers in a quick and hassle-free manner. Customers seeking personal loans to renovate their homes can avail this benefit with the assistance of an executive at any Studio Pepperfry across the country. The customer has to provide basic personal details on the website, leading to mobile number verification through OTP. Once validated, they can pick from the bank offers that are specially curated from different banks in real time and then proceed with online application of the loan or request for a BankBazaar executive to assist offline.
Publication : The News Minute (Online)
Date : April 30, 2019
PepperfryHow Machine Learning Will Shape The E-Commerce Industryedit
In a brick-and-mortar retail store, you have the opportunity to really get to know your customers. You can ask each shopper who walks through your doors what they’re looking for and provide them with a personalized shopping experience. Giving your customers a personalized experience is important, though. According to research from Accenture and the Retail Industry Leaders Association (RILA), 63 % of consumers surveyed are interested in personalized recommendations. So, how can you accomplish this in the virtual world of e-commerce? The answer might be machine learning.
Publication: Forbes (Online)
Date : May 01, 2019
E-commerce