Company News
“We can engage our customers very deeply in the product-design process-before we bring the products to them”edit
Forbes India in conversation with Ashish Goel, Co-founder, and CEO of Urban Ladder, on how it has harnessed the internet since 2012 to build a brand for 450,000 customers of furniture and decor—a segment where touch-and-feel product experience is vital. And why he recently did a short course in machine learning.
Publication: Forbes India
Date: August 12, 2019
urban ladderCompetition and Industry News
Rules on global e-commmerce backed by US, EU may weaken role of govtsedit
The US along with former members of the Trans-Pacific Partnership (TPP) agreement as well as the EU has proposed plurilateral rules at the World Trade Organization (WTO) that would further weaken the role of governments in overseeing global electronic commerce. The US for example, does not want any discriminatory restrictions on the treatment of digital products, cross-border transfer of information by electronic means, and location of computing facilities, including cloud computing among others.
Publication : Mint
Date : August 12, 2019
E-commerceAmazon bets on 3rd-party sellersedit
Amazon India has made a slew of changes in the seller mix on the platform, reducing dependence on vendors in which it owns a stake — like Cloudtail and Appario — after the updated online marketplace policy was announced in December. The e-tailer is now focusing on around a dozen mid-sized, third-party sellers who drive 30-33% of its total sales in India, up from about 20% earlier, according to two sources familiar with the development.Similar to its platinum seller programme, which ran into problems due to GST in 2017, these sellers on Amazon India include Green Mobile, Rocket Kommerce, Primarc and Redlily, sources aware of the goings-on said.
Publication : ET Retail
Date : August 12, 2019
Amazon