India has taken a decision not to join the WTO’s multilateral group on trade rules in e-commerce. Earlier this year, 77 WTO member countries came together to negotiate trade rules in e-commerce. Although India is not a part of this group, it is negotiating an e-commerce chapter in Regional Comprehensive Economic Partnership (RCEP) agreement.

Publication: Daily Pioneer

Date: June 30, 2019

But it’s not just clothes. Everything from vacuums to camping equipment is now up for rental at a variety of outlets,  from startups like Omni to old guards retailers like outdoor seller REI, which is heavily expanding rental offerings.

Publication: Business Insider 

Date: June 29, 2019

In just six years since Amazon set up shop in India, the global e-commerce giant has transformed the way Indians buy and sell. With nearly half a million sellers and 130,000 women entrepreneurs on board, a network of 50,000 neighborhood stores, and a wide selection of 170 million products, Amazon India is clearly India’s largest store by any imagination.

Publication: Your Story

Date: June 28, 2019

The current dominance in online commerce enjoyed by Amazon could be endangered if Instagram, with its one billion users worldwide, pushes ahead with its plans to enter that space, as its new chief, Adam Mosseri, has said he intends to do. In his first public interview on the company’s future strategy since taking over at Instagram last October, Mosseri told an English daily that his plan for the firm is to “connect the dots thoughtfully” among shoppers, sellers and what he called Instagram’s huge number of “influencers.”

Publication : Livemint

Date : June 27, 2019

This was supposed to put a stop to the backdoor method being employed by Amazon and Flipkart to circumvent the FDI rules by acting as sellers on their platforms. At the time of releasing the amendments in December 2018, the government had said it would give the companies until February 2019 to comply with the rules.

Publication: Inc 24

Date: June 28, 2019

The Reserve Bank of India (RBI) panel on small and medium enterprises has recommended that there should be no profitability requirements for start-ups to list in India as they tend t o be loss making to achieve high growth. At present, for companies to list on Indian bourses, they need to show a consistent track record of profits for the previous three years.

Publication : The Times of India 

Date : Jun 26, 2019

The passion to travel dwindled over the years as Ambareesh Murty, the chief executive of furniture marketplace Pepperfry, took up his first job at 23. For Ambareesh Murty, the chief executive of furniture marketplace Pepperfry, nostalgia trumps the other two by a large margin.

Publication: Mint

Date: June 27, 2019

India has told foreign e-commerce firms such as Amazon and Walmart’s Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters.

Publication: Business Standard Kuwait Times

Date: June 26, 2019

Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on thousands of goods made in China, and Lin faced a difficult choice: eat the additional cost or try and pass it onto his mostly American customers. He chose to raise prices and watched sales of some products dive by as much as one third in just two weeks.Amazon.com Inc. merchants around the world are scrambling to navigate an unpredictable trade war that’s upending their proven business model of buying inexpensive goods in China and selling them at a markup in the U.S.

Publication: Gadget 360

Date: June 26, 2019

An initial public offering (IPO) is part of Flipkart’s ambition and long-term strategy, but the Walmart-owned company is currently focussed on getting 200-300 million new Indians into the e-commerce fold. The statement comes amid reports that Flipkart, which is locked in an intense battle with US giant Amazon for leadership in the Indian market, is looking at tapping into the US equity market by 2022.”An IPO has always been part of Flipkart’s ambitions and long-term strategy but right now, we don’t have a time frame on that.

Publication : Moneycontrol

Date : June 24, 2019

Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on thousands of goods made in China, and Lin faced a difficult choice: eat the additional cost or try and pass it onto his mostly American customers. He chose to raise prices and watched sales of some products dive by as much as one third in just two weeks.Amazon.com Inc. merchants around the world are scrambling to navigate an unpredictable trade war that’s upending their proven business model of buying inexpensive goods in China and selling them at a markup in the U.S.

Publication: Mint

Date: June 25, 2019

Pepperfry has introduced standalone experiential Studios in the mattress and sleep category, Pepperfry Snooze Studios. The Pepperfry Snooze Studios have been designed to break through the existing clutter in the category by offering a unique, highly differentiated and best-in-class consumer experience.During the current fiscal year, Pepperfry is planning to open 30 Snooze Studios in Bangalore, Mumbai and Delhi. The company’s goal is to provide easy access to the consumers in these markets.

Publication: Indian Retailer

Date: June 25, 2019

Over the past several years, Shanghai entrepreneur Yung Lin has built a decent business selling wrenches, screwdrivers and other tools on Amazon.com. Then President Donald Trump imposed tariffs on thousands of goods made in China, and Lin faced a difficult choice: eat the additional cost or try and pass it onto his mostly American customers. He chose to raise prices and watched sales of some products dive by as much as one third in just two weeks.Amazon.com Inc. merchants around the world are scrambling to navigate an unpredictable trade war that’s upending their proven business model of buying inexpensive goods in China and selling them at a markup in the U.S.

Publication : The Economic Times 

Date : June ...AmazonE-commerce

The simpler times are behind us. This the internet age. Social media and Google are kicking the conventional plans to the curb. Want to buy a new dress, or get a loan perhaps, or maybe just visit that new restaurant around the corner, Google has become a go-to trusted adviser. The world is a global village, and brand matters. So how are you going to be relevant in this day, age and time?Never before have we had the chance to do so much with branding. The opportunities to leverage a brand to expand a business, boost sales, amplify credibility and ultimately the bottom line, are endless.

Publication : ET Retail

Date : June 23, 2019

The winner will be put up in a Copenhagen apartment, furnished with IKEA favorites, of course. They will also be given guided tours, talks from expert locals, and have plenty of time to explore the city on their own. To top it off, the winner gets a typical Danish salary during their two weeks of Copenhagen life. But it’s not all good news. The contest website is honest about the downsides, with a humoros nod towards the often criticized aspects of Scandinavian life: “During your stay you will have to pay Danish taxes on your salary and prepare yourself for a couple of rainy days.”

Publication : Forbes

Date : June 23, 2019

With around 70 per cent of its surface covered by oceans, Earth is rightly known as the blue planet. The ocean is also a major producer of the oxygen we breathe, making it a crucial part of our everyday life regardless of where we live. Ocean plastic pollution is a huge environmental problem and IKEA is determined to find solutions in a positive and proactive way. “A lot of people worry about plastic pollution and what it does to our oceans and at IKEA we want to contribute with solutions,” says James Futcher, Creative Leader at IKEA, Sweden. IKEA wants to have a positive impact on the ocean, engage in projects to clean plastic pollutants and proactively prevent pollution.

Publication : ...IKEA

If what Mukesh Ambani did to the telecom sector by launching Jio two years ago is anything to go by, India’s e-commerce sector is in for a huge disruption. Reliance Retail, a subsidiary of Ambani’s Reliance Industries Ltd, is already the largest retailer in the country with more than 10,000 outlets in fashion, lifestyle, grocery and electronics segments. While that network will continue to grow, it will also take a giant leap in e-commerce. The size of India’s organised retail market is currently estimated to be around Rs5 lakh crore, while the unorganised market is at about Rs48 lakh crore.

Publication : The Week

Date : June 22, 2019

E-commerce giant Amazon has infused Rs 450 crore in its digital payments arm Amazon Pay (India), taking the total funding to over Rs 1,000 crore during the first half of the calendar year 2018-19. Out of the Rs 450 crore, Amazon Singapore has pumped in Rs 449 crore and the remaining Rs 1 crore is funded by Amazon Mauritius. Amazon Pay received the capital infusion on June 6. So far, Amazon has invested a total of Rs 3,221 crore in Amazon Pay, since its launch in 2016.Last month, Amazon India launched domestic flight bookings, money transfer options, utility bill payment on the Amazon Pay.

Publication : Business Today

Date : June 22, 2019

Direct funding support to startups is not envisaged under Startup India Programme. Government of India has established Fund of Funds for Startups (FFS), to meet the funding needs of startups. Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, is the monitoring agency and Small Industries Development Bank of India (SIDBI) is the operating agency for FFS. As per the operating guidelines issued by DPIIT, FFS contributes to the corpus of SEBI registered Alternative Investment Funds (AIFs). These AIFs in turn have to invest at least twice the contribution under FFS in startups, as defined by the Government of India.

Publication : Uttarakhand News Network

Date : June 21, 2019

For more than a decade, Walmart used middlemen to make dubious payments to governments around the globe in order to open new locations, U.S. prosecutors and securities regulators said in a settlement agreement Thursday. But even as employees frequently raised alarm, the company’s top leaders did little to prevent Walmart from being involved in bribery and corruption schemes. That lack of internal control led to a seven-year inquiry that culminated Thursday with Walmart’s Brazilian subsidiary pleading guilty to a federal crime. The guilty plea, and the $282 million in fines that Walmart has agreed to pay, capped one of the biggest investigations ever under the Foreign Corrupt Practices Act.

Publication : The Economic Times

Date : June 21, 2019

In a drive to empower MSMEs across the country, Indian e-commerce marketplace Flipkart has revamped its seller financing program, ‘Growth Capital’, the company said in a statement. The program is designed specifically to enable financial inclusion and independence for MSMEs who operate online, the company said. Changes made last month will allow the platform’s 1 lakh-plus sellers to avail credit at competitive interest rates from 10 NBFCs and banks, now with an approval time of one day and with disbursal into the sellers’ bank accounts occurring within 48 hours.

Publication: YourStory

Date: June 20, 2019

From Burger King to Gazeta.pl, The New York Times, among others are some of the brands which have created a deep impact with their campaigns. ThisAbles by Ikea: This is about the furniture retailer making home furniture accessible for people with disabilities. Ikea developed 13 add-ons to its most essential products, offering them free to download and 3D print on a designated website alongside a full web series of video tutorials.

Publication: ET Brand Equity

Date: June 21, 2019

Amazon India Director Abhinav Singh on Thursday announced the launch of a Sort Centre at Surampalli in Gannavaram mandal of Krishna district. It is a 25,000 square feet facility where the customer packages would be processed and despatched. Similar centres had been recently opened in Goa, Ranchi and Siliguri, he said. Addressing a press conference here, Mr. Singh said the Sort Centre enabled faster delivery of customer orders in the Andhra Pradesh (A.P.) capital region and its neighbourhood where demand had been growing rapidly, and it was in addition to a fulfilment centre with a 20,000 cubic feet storage space established in the city a few years ago.

Publication: The Hindu

Date: June 20, 2019

Pepperfry has started launching offline store to showcase products and claims to have seen traction from customers. Pepperfry is expecting its mattress segment Clouddio to contribute around Rs 500 crore in its more than Rs 7,000 crore revenue target by 2021. The online home furnishing firm estimates that its home brand in total will fetch a revenue of around Rs 3,000 crore to the total business by end of next financial year.

Publication: Indian Retailer

Date: June 20, 2019

Home and furniture products marketplace, Pepperfry is targeting Rs 2,000 crore revenue from its ‘House Brands’ (in-house brands) business by 2020 to be led by its omnichannel strategy, its top executive told FE. Additionally, Pepperfry aims to launch 30 Snooze studios by end of the fiscal, of which 12 have been launched, four standalone and eight in store. Clouddio is Pepperfry’s in-house brand for mattresses and sleep gear, including pillows and mattress protectors.Home and furniture products marketplace, Pepperfry is targeting Rs 2,000 crore revenue from its ‘House Brands’ (in-house brands) business by 2020 to be led by its omnichannel strategy, its top executive told FE.

Publication: Financial Express

Date: June 20, 2019

Amazon India on Wednesday announced the launch of its largest delivery station in Ranga Reddy district near Hyderabad to power the e-commerce website’s last-mile delivery capabilities. With the latest expansion that adds 20,000 square feet, Amazon now has close to 90 of its own delivery stations and delivery service partner stations and more than 2,500 ‘I Have Space’ delivery partners in the state. The doubling of its delivery network will enable the e-commerce site to penetrate further into smaller towns across Telangana. The company also announced the expansion of its delivery network in smaller cities and towns like Sangareddy, Kothagudem, Siddipet and Jagityal.

Publication: Livemint

Date: June 19, 2019

E-commerce giant Amazon India is the most attractive employer brand in the country followed by Microsoft India and Sony India, says a survey. According to the Randstad Employer Brand Research (REBR) 2019, released Monday, Amazon scored high on financial health, utilisation of latest technologies and a strong reputation. Microsoft India emerged as the runner-up, followed by Sony India. Others in the top 10 most-attractive employer brands in India for 2019 include Mercedes-Benz at 4th position, IBM (5th), Larsen & Toubro (6th), Nestle (7th), Infosys (8th), Samsung (9th) and Dell (10th).

Publication: ET BrandEquity

Date: June 19, 2019

In Work Tour, an employee gives Mint a tour of his or her favourite spaces in the office. When Aditi Pareek walked into online furniture retailer Pepperfry’s corporate office in Mumbai’s Vikhroli seven years ago, she didn’t know where to go. Comfort and a sense of home are what Pepperfry’s founders were going for while furnishing the corporate, customer service teams. “We try to bring our culture to the working space,” says Ashish Shah, co-founder of Pepperfry. “Our vision is to furnish 20 billion homes by 2020. When we were designing our office, we knew we wanted to make a space that would compete with people’s homes. People spend 15 to 20 hours a day here; we needed to create an ambience of ...Pepperfry

The government has ruled out the possibility of a regulator for the ecommerce sector as it prepares to finalise a national policy on e-commerce. Commerce and industry minister Piyush Goyal has told small traders and retailers to explore ways to benefit from ecommerce platforms but turned down their demand for a regulator for the sector.

Publication: The Economic Times

Date: June 20, 2019

An avid trekker who enjoys the journey as much as the destination,Ambareesh Murthy, CEO, Pepperfry, carries that philosophy in his start-up, online furniture marketplace Pepperfry too, which is known for its intense work culture. An engineer and an MBA from IIM-C who conventionally joined the corporate world with stints at Cadbury, ICICI Prudential and Britannia, before jumping headlong into dotcom joining eBay, he broke new ground with Pepperfry which he founded with Ashish Shah in 2012. His take on:

Publication: The Hindu Business Line

Date: June 19, 2019

The Competition Commission of India (CCI) will conduct a market study on e-commerce in India, with the initial findings expected to come out by August. “In view of the rapid growth of e-commerce and the rising importance of online trade in a large number of goods and services in India, the study will allow the CCI to develop a better understanding of the functioning of e-commerce in the country and its implications for markets and competition,” the corporate affairs ministry said.

Publication: Financial Express

Date: June 19, 2019

Ikea is known for its delicious Swedish meatballs, free pencils and quirky furniture assembly instructions. But it can also be a great place to find a deal when shopping for home furnishings — as long as you don’t get caught making some common shopping mistakes. “Ikea is designed for impulse purchases,” Sara Skirboll, shopping and trends expert for RetailMeNot, tells CNBC Make It. That means it’s tricky to just take a quick trip to pick up a few items. Instead, if you’re not savvy, you’ll walk out hours later with hundreds of dollars in home furnishings you didn’t know you needed.

Publication: CNBC

Date: June 18, 2019

The Indian government seems to have reiterated its stand that it won’t allow multi-brand retailing by foreign ecommerce companies. This was conveyed directly by none other than the country’s Commerce and Industry Minister Piyush Goyal. He conveyed this at a meeting where representatives of companies like Amazon, Flipkart and eBay were present.

Publication: The News Minute

Date: June 18, 2019

Diversity of talent, from a gender perspective, would be a top priority area for Amazon India, said its chief Amit Agarwal. Agarwal’s comments come as the local arm of the Seattle-base technology giant completes six years in India, continuing its fight against Flipkart, where its US-based rival Walmart now owns a 77% stake. Amazon has at least 60,000 employees in the country, which accounts for about 10% of its global workforce of 6.1 lakh.

Publication: The Times of India

Date: June 19, 2019

The event Swedish Style Mumbai was organised for the first time, to foster an environment of collaboration between India and Sweden. The event put up an incredible showcase of Swedish creative design, entrepreneurship and lifestyle concepts from various sectors and industries. At the event, an IKEA truck served as an installation and also a booth for people to view the brand’s products.

Publication: Architectural Digest

Date: June 18, 2019

The report titled Global Home Decor Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 offers complete data on the Home Decor market. Major aspects such as history, develop trends, market competition, trade overview, and policy are covered. The top contenders covered in the report are: Kimball International, Herman Miller, Ashley Furniture Industries, Inc, Urban Ladder, D’decor Home Fabrics, Snapdeal, Flipkart, Jabong, Mebelkart, Style Spa, The Label, etc.

Publication: Today News Air

Date: June 17, 2019

Amazon Prime Day 2019 is around the corner and while the official dates haven’t been announced by Amazon India yet, we expect the e-commerce platform to host its third Prime Day sale sometime in mid-July. Amazon India is also hosting a Wardrobe Refresh Sale from June 19 to 23 with upto 80% off on Fashion, Home Décor and Beauty products. The sale will start early for Prime subscribers from June 18, at 12 noon (IST).

Publication: Techradar

Date: June 17, 2019

New York City is famous for its abundance of spring and summer design fairs. Showcasing the most important trends, these fairs offer a timely preview of the year ahead in design. Here are the five cutting-edge trends you need to know in order to stay on top of design’s most cove-table objects.

Publication: Forbes

Date: June 17, 2019

Despite the recent trend of looking inward and competing against oneself, healthy competition still remains a great way for companies to build faster, innovate better and scale higher. Just ask Pepperfry CEO Ambareesh Murthy. A year ago, when Swedish furniture giant IKEA launched in India, Murthy was asked how the entry would affect Pepperfry’s operation. He replied, “Anything which increases the degree of excitement in the furniture category will benefit everybody in the category, and definitely the largest players.”

Publication: The Economic Times

Date: June 17, 2019

Many online shoppers in India today conduct extensive research on available deals before finally buying a product. And why not? These offers directly reduce the price of a product without compromising the quality, making the final purchase a much better value proposition. The availability of applications and websites that allow shoppers to access and avail coupons and cashback, especially during local and seasonal sales, makes the process even more convenient for the end-user. The rapid mushrooming of such platforms and publishers, coupled with fast-growing internet penetration, has driven popularity and scale for affiliate marketing in India. The cashback industry alone has registered 20x growth within the last decade.

Publication: Entrepreneur

Date: June 16, 2019

Amazon is looking to shore up its seller count in India as its global selling programme picks up. The e-tailer is also in the process of bringing on-board more handicrafts and artisan bodies on board for the export market. Through the global selling programme, sellers can list their products on 12 marketplaces, including the ‘amazon.com’ site.

Publication: Hindu Business Line

Date: June 14, 2019

Furniture brand Godrej Interio has awarded its creative mandate to Contract Advertising. The business will be handled by Contract’s Mumbai office, which won the account after a multi-agency pitch. Contract will handle the entire range of Godrej Interio furniture that includes both home and the office range.

Publication: Exchange4media 

Date: June 14, 2019

Change is the only constant – a philosophy that fits very well with software product company Kuliza Technologies. The Bengaluru-headquartered company, which had a profitable operation, dared to break out from its comfort zone to get into investment mode by incurring losses to make a mark in a completely new domain – fintech.

Publication: YourStory 

Date: June 13, 2019

Canada Pension Plan Investment Board (CPPIB) is looking to pick up around 8% stake worth $150 Mn in Delhivery via a secondary market investment. It is reportedly buying the shares from homegrown private equity firm Multiples Alternate Asset Management. Venture capital firm Nexus Venture Partners, an early investor in the ecommerce logistics provider, may also liquidate some of its shareholdings.

Publication: Inc42

Date: June 13, 2019

Online shopping in India has gone through a sea change in the last few years. With more and more people opting to buy goods from the internet, the e-commerce industry is not only becoming competitive but also slowly turning into a pillar of the country’s economy. As a result, e-commerce companies are now making the best use of technology to meet the increasing demands of the customers.

Publication :  Times Now News

Date : June 12, 2019

Be open. Be a sponge and absorb everything. Work hard — and for free if you have to — when following your dreams. Keep at it, don’t let failure stop you. – Bobbi Brown, Bobbi Brown Cosmetics

Everybody is born a wonder – whether they love it or hate it is up to them. – Swapnil Tewari, LiveMad

If you’ve never failed in life, you’ll be a bad entrepreneur. – Rajiv Srivatsa, Urban Ladder

Publication : Yourstory

Date : June 10, 2019

Flipkart has reportedly moved a significant portion of its manufacturing and sourcing units for private labels from China and Malaysia to India. The Walmart-controlled firm has taken almost a year for this step that will help it to cut down cost and comply with government’s make in India initiative. About two years ago, Flipkart used to source 100% of electronics items from China while the entire range of furniture brand was coming from Malaysia. Now, the scenario has been changed as it has managed to reduce the dependency for the aforementioned categories by almost 50%.

Publication : Entrackr

Date : June 10, 2019

E-commerce major Amazon is the most trusted among the Internet brands in India, followed by Google and Facebook, according to a recent report by TRA Research. Among the 32 Internet brands surveyed, Indian messaging app Hike ranked fourth, beating Facebook owned Whatsapp which ranked 10th, said brand intelligence and data insights company’s “Brand Trust Report 2019”

Publication : Business Insider

Date : June 10, 2019

E-commerce major Amazon is the most trusted among the Internet brands in India, followed by Google and Facebook, according to a recent report by TRA Research. Among the 32 Internet brands surveyed, Indian messaging app Hike ranked fourth, beating Facebook-owned Whatsapp, which ranked 10th, said brand intelligence and data insights company’s “Brand Trust Report 2019”. Indian accommodation service provider and online hotel room aggregator Oyo Rooms was at the fifth position. The Indian online taxi aggregator Ola ranked sixth, way ahead of US-based Uber, which ranked 14th.

Publication : Mint

Date : June 09, 2019

Ikea: The Swedish furniture company has one of the most progressive parental laws amongst retail companies. Last year, Ikea India announced a 26-week parental leave policy for its employees, even before it had formally opened its stores in Hyderabad and Mumbai. This leave policy is applicable for both its male and female employees, apart from employees who adopt children or have children through surrogacy. In addition, women employees can avail of 50 percent reduced working hours for another 16 weeks. In Ikea Sweden, as per the country’s policy, employees are required to provide upto 16 months of paid leave for its employees.

Publication : Yahoo

Date : June 08, 2019

Walmart and Amazon are going head-to-head in a battle to win over customers with free next day shipping. The companies announced that their respective next-day shipping programme within weeks of one another and on Monday Amazon boasted that it’s next day shipping service has already grown to cover more than 10 million items.

Publication: Business Insider

Date : June 08, 2019

Online retail giant Amazon has stepped up its investment in India and pumped in Rs 2,800 crore into its marketplace. The fresh investment comes at a time when the Seattle-headquartered firm has signed off from China. In December last year, Amazon invested Rs 2,200 crore into its Indian entity.

Publication: Business Standard

Date: June 7, 2019

Air pollution is a growing health peril and severe global concern. The situation in North India is most alarming, with 9 of 10 of the world most polluted cities situated there. One peril is burning of rice straws, a residue from harvesting rice that widely aggravates pollution and smog.

Publication: The CSR Journal

Date: June 6, 2019

India will maintain its stance on not framing global rules on ecommerce at the G-20 Ministerial meeting on trade and digital economy at Tsukuba City, Japan. It will also be Piyush Goyal’s first international engagement as the newly appointed commerce & industry minister.

Publication: Inc42

Date: June 6, 2019

The ongoing digital transformation in India is expected to push up India’s total internet user base to 829 million by 2021 from 560.01 million as of September 2018. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US $38.5 billion as of 2017. India’s internet economy is expected to double from US$125 billion as of April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. The E-commerce industry in India witnessed 21 private equity and venture capital deals worth US$ 2.1 billion in 2017 and 40 deals worth US$ 1,129 million in the first half of 2018.

Publication: YourStory

Date: June 7, 2019

Campaign India announced the second set of shortlists for Digital Crest Awards 2019. Winners will be announced on 12 June in Mumbai.

Publication: Campaign India

Date: June 5, 2019

Swedish home furnishing company IKEA launched the ‘Better Air Now’ initiative on Environment Day. The company’s aim is to take action on a global environmental issue by turning rice straws – a harvesting residue that contributes heavily to air pollution when burned – into raw material.

Publication: BW BusinessWorld

Date: June 5, 2019

Ikea has revealed a robotic piece of furniture developed in collaboration with Ori that can simultaneously serve as a bed, wardrobe, shelving and storage unit, sofa, and room separator. Ikea announced that it has teamed up with American furniture startup Ori to create a space-efficient robotic furniture system ideal for small rooms.

Publication: News18

Date: June 5, 2019

Amazon.com Inc has a new drone that will be delivering packages to customers “in months,” the chief executive of the company’s consumer business said on Wednesday. The new drone takes off and lands vertically like a helicopter, is more stable than prior models and can spot moving objects better than humans can, making it safe, division CEO Jeff Wilke said at the company’s “re:MARS” conference in Las Vegas.

Publication: DNA India

Date: June 6, 2019

Commerce and Industry Minister Piyush Goyal will represent India at the meeting of G20, which is a grouping of developed and developing nations. Matters that are hindering the functioning of the World Trade Organization (WTO) may also come up in the ministerial meeting on trade and digital economy. The ecommerce issue assumes significance as certain developed countries want to negotiate an agreement at the WTO. India is of the view that it should be discussed only after having a consensus on the issue.

Publication: YourStory

Date: June 5, 2019

Several top executives of online furniture brands have said that more people are opting for EMI based payments to shop for furniture online. For the financial year 2019, EMI purchases account for the rise of 19% sales which is a growth of 3% from FY18 and an increment of 8% over the last couple of years, revealed Ambareesh Murty, CEO of Pepperfry.

Publication: Big Time Daily

Date: June 4, 2019

An Indian startup’s legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country.

Publication: Livemint

Date: June 4, 2019

The eCommerce market has been on a steady upward trajectory for nearly a decade, and it’s showing no signs of slowing down. By next year, the online global retail market is expected to reach an all-time high of $4.9 billion, which is more than double what it held just three years ago. One reason why the eCommerce market is so incredibly large is because it now just takes a few clicks for any entrepreneur with a great business idea to launch an online company.

Publication: Marketing Tech

Date: June 4, 2019

When you’re planning the customer journey for your e-commerce store, you need to remember that your customers are probably distracted, in a hurry, are on the go – or even all of the above at once. They need a purchase experience that is frictionless and fast. Here are some of the elements that will help you deliver a seamless purchase journey: a site that loads quickly, a linear checkout process that requires a minimum number of screens, navigation that is simple, functional, and consistent , clear expectations for delivery, including a choice of shipping options, accurate delivery times, and ongoing delivery status updates

Publication : Freshdesk

Date : June 3, 2019

When optimizing brand content, consider copy — titles, bullet points and back-end keywords. These elements aren’t effective if they aren’t aligned with Amazon best practices. In that sense, it’s important to understand how SEO on Amazon is different than Google and other platforms. For example, you should focus on discoverability and optimize copy through keywords, but it’s also important that copy converts on Amazon. This will influence sales velocity and improve keyword ranking.

Publication : Forbes India

Date : June 3, 2019

The best advertising ideas are often incredibly simple in concept and fantastically detailed in execution. That’s certainly the case with the “Ikea Real Life Series” from Publicis Spain, which recreated the living rooms of popular TV shows using only furnishings from the global retailer.

Publication: Adweek

Date: June 4, 2019

With the advance in technology and the rising number of internet users in the country due to affordable smartphones and data services, the manner in which the consumer today prefers to shop has come a long way. This is the age of modern advancements, which have facilitated the birth and rise of a phenomenon called E-commerce. For the uninitiated, and those who are yet to explore and be exposed to this rapidly growing rage, it is the buying or selling of goods and services on the internet.

Publication: Entrepreneur 

Date: June 3, 2019

E-commerce major Amazon Monday said it is expanding its ‘packaging-free shipment’ (PFS) programme, an India-first initiative, to nine cities including Delhi, Mumbai, Ahmedabad and Nagpur. The programme, under which orders are shipped in their original packaging without any secondary or additional packaging, will also be available in Bengaluru, Gurgaon, Noida, Chennai and Hyderabad. Through this initiative, Amazon aims to reduce the waste generated from secondary packaging of customer orders.

Publication: Livemint

Date: June 3, 2019

Walmart India, the local unit of the world’s biggest retailer, said it is upbeat on the regulatory progress in India’s retail market and continuity in the government could accelerate ease of doing business further. “With the government getting the second mandate, our (ease of doing business) rankings will improve significantly further,” Krish Iyer, president, and chief executive of Walmart India, told ET. “I have no doubt in my mind that cash-and-carry businesses and even businesses as a whole, retail companies and foreign investors will find it easier to set up stores in India.”

Publication: ET Retail

Date: June 3, 2019

E-commerce is one of the top methods of doing business these days and it’s still growing. Numerous private and public customers are exchanging transactions on the internet, everything from groceries to furniture. Since the technology keeps becoming more sophisticated, trends change quickly. Here are the trends to look for in e-commerce for 2019. 1. Mobile Devices Continue to Increase in Importance Mobile devices have proven themselves in the last few years. Smartphones, smart watches and tablets are used for just about everything and that includes e-commerce. That trend will continue growing in 2019, and there may be even more devices developed that people can shop online with.

Publication : Rush PR News

Date : June 02, 2019

With omnichannel experience gaining ground, online shopping companies are looking toward IT departments for technology to get customers closer to the buy button. Online stores in India are frequently looking toward providing omni channel experience to the customers. All in the effort to bring the customer closer to the buy button. And companies are constantly looking toward technology to help in the strategy. Case in point being Pepperfry. The studios that have propped up in cities across the country are the experience zones that the company aims to create.

Publication: ET CIO

Date: May 31, 2019

American businesses want the new Bharatiya Janata Party (BJP) government to usher in “bold reforms’’ across a spectrum of areas including e-commerce, data localisation, intellectual property rights, land and labour laws and policy formulation, according to a Washington-based advocacy group US-India Strategic Partnership Forum (USISPF).

Publication: The Hindu Business Line

Date: May 31, 2019