May 15, 2019

Competition and Industry News

Snapchat may integrate e-commerce feature into the appedit

After Facebook, Snapchat is thinking of integrating e-commerce directly into the app. Reverse engineer Jane Manchun Wong is his latest scoop found codes, which suggest that the social media giant seems to be working with Shopify, a SAAS(Software as a Service) based platform that let you build your own online store, to bring e-commerce facility for its users.

Publication: MSPowerUser

Date: May 14, 2019

E-commerce
Is Amazon Turning Into A Threat For Its Sellers?edit

Amazon label to India in 2015. It launched another brand Solimo, offering home appliances and household items, the same year. The company now sells 10,000 products, including clothing, grocery, cosmetics, computer accessories, luggage and electronics, from 16 private labels. And this summer, the e-commerce firm started selling Amazon split air conditioners. That’s likely to make sellers dependent on the platform sweat. Amazon now accounts for nearly 40 percent of online sales in India, according to Arvind Singhal, managing director at retail consultant Technopak Advisors. By launching its own products at lower prices, it threatens to crowd out the merchants.

Publication: Bloomberg Quint

Date: May 14, 2019

 

AmazonE-commerce
Ecommerce: What the past 10 years mean for the futureedit

The past decade has seen the emergence of ecommerce unicorns, big-ticket acquisitions, and deep-pocketed global investors. The final draft of the ecommerce policy will determine who holds the edge in the next decade.

Publication: Forbes India

Date: May 14, 2019

E-commerce
Global Online Household Furnitures Market Outlook by 2025: IKEA Systems, Wayfair, John Boos, Masco, CORTedit

Online Household Furnitures Market 2019 Research report contains a qualified and in-depth examination of Online Household Furnitures Market. At first, the report provides an overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. It also covers detailed competitive outlook including the Online Household Furnitures market share and company profiles of the key participants operating in the global market.

Publication: Industry Herald

Date: May 14, 2019

IKEA
After Zefo acquisition, Quikr ties up with Rocking Deals for offline expansionedit

Bengaluru-based online classifieds marketplace, Quikr, has tied up with Asia’s largest certified refurbished and excess inventory brand Rocking Deals to provide offline services to its customers. With this partnership, Quikr will start selling its products at Rocking Deals’ retail store at Mathura Road in Delhi-NCR. The company will initially offer ‘Quikr Assured’ refurbished products in two categories, including furniture and large appliances.

Publication: YourStory

Date: May 14, 2019

Start-ups
DNA Money Edit: How a giant firm boosts entrepreneursedit

The move by the global retail giant Amazon to allow its employees leave their job and start a complementary delivery business to support the company will go a long way in spawning entrepreneurship. The Seattle-based Amazon, which is striving to ensure faster delivery of packages, is helping its employees start smaller business units delivering goods. The plan is to build an exclusive network of such units to crunch the delivery time for its customers.

Publication: DNA India

Date: May 15, 2019

AmazonE-commerce
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