Competition and Industry News
Ecommerce Continues Strong Gains Amid Global Economic Uncertaintyedit
The global retail market will reach $25.038 trillion in 2019, an increase of 4.5% and a slight acceleration in growth vs. the prior year, per our estimates. At the same time, it represents a marked decline from the five years preceding that, when global retail sales grew at rates between 5.7% and 7.5% each year.
Publication: eMarketer
Date: June 30, 2019
E-commerceDraft e-commerce policy, data protection may figure at India-EU meet in Brusselsedit
Issues such as draft e-commerce policy, data protection and price control on some medical devices are expected to figure in the upcoming meeting between India and the European Union (EU) on July 4 in Brussels. The officials of both the sides may discuss these issues as part of their Trade Sub-Commission meeting.
Publication: moneycontrol.com
Date: June 30, 2019
E-commerceIndian startups raise a record $3.9 billion so far in 2019edit
Startups in India have raised a record $3.9 billion from venture capitalists in the six months ended 30 June, as the world’s biggest investors doubled down on their bets in the country buoyed by the Flipkart-Walmart deal last year. The investments this year across 292 deals is a 44.4% jump from the $2.7 billion received by domestic startups in the first half of 2018, showed data from Venture Intelligence, a startup data tracker.
Publication: Mint
Date: June 30, 2019
Start-upsSecrets Your Interior Designer Wants You To Knowedit
Working with an interior designer is a great way to transform your space. They can work magic turning a boring room into a bold reflection of your style and personality. A good interior designer knows how to create a space that’s just as beautiful as it is functional. It’s an investment that many people will say is well worth it. But while an interior designer provides a service, many forget that it is also a collaborative effort.
Publication: Forbes
Date: June 30, 2019
Home DecorInterior DesignAmazon India unveils offline campaign for Prime Day celebrationsedit
Amazon India has launched its offline engagement campaign as a lead up to Prime Day that will be held on July 15 and 16. The online marketplace aims to engage with customers offline and make them experience the world of Prime through vibrant on-ground installations along with a mascot that brings Prime Day to life. This India-first campaign will be visible to customers across airports, malls and IT parks in the Metros until Prime Day.
Publication: Exchange4Media
Date: June 30, 2019
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