Sunday, October 24, 2021
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Amazon’s profits soar as online shopping surges amid pandemic

Net income increased to $8.1 billion in the March quarter, compared with net income of $2.5 billion in the first quarter of 2020, showing how millions of people now shop on the platform as pandemic continues to ravage the retail sector.

Amazon reports 37% growth in sales, expects bumper holiday season

The company's cloud arm Amazon Web Services (AWS), generated sales of $11.6 billion for the quarter, up 29 per cent.

IKEA India to strengthen omnichannel presence across markets

During the financial year 2020, over 2 million customers visited the company’s Hyderabad store and over 25 million visited online stores in the city, Mumbai and Pune

Samsung joins Flipkart to debut Galaxy F series on Big Billion Day

The new series is being launched at a time when the online smartphone market share in India is likely to hit an all-time high of 45 percent.

Amazon.in now in Telugu, other south Indian languages

Amazon customers can select their preferred language across Android and iOS apps, mobile and desktop sites

Ecom Express to hire over 30,000 people

"All our strategic expansions are directed towards aligning infrastructure ramp up to support better customer experience during this festive season."

Covid times: Online sales see rapid growth

Pandemic has totally changed the buying experience of consumers who turned to opt online shopping instead of going stores

58% APAC consumers increased online shopping during lockdown: Adobe

With respect to categories, consumers reported an increase in purchase frequency for groceries and media while clothing and home improvements faced the steepest decline.

E-commerce in India recovers 90% of pre-lockdown volume: Report

The sector has not just recovered its pent up volume but also shown great improvement with over 45 per cent growth in the overall order volume compared to pre-lockdown levels, said the report.

64% Indian consumers to prefer online shopping in next 6 months: Report

The report said that the Covid-19 pandemic has forced the consumer products and retail industry to review its core markets and operating model.

Hyderabad: Con man dupes doctor of Rs 3.40 lakh

According to the police, the doctor received a call from a person who claimed to be the customer care executive of a private financial institution.

Walmart to hire 150,000 workers as virus spreads in US

Walmart said on Thursday it wanted to reward them "for their hard work and dedication to serving customers in a time of an unprecedented national health crisis."

56% Indians fall victim to online holiday scams: McAfee

At least one in four (28.6 per cent) Indians have lost between Rs 15,000-Rs 20,000 as a result of fake online retail sites.

Couple held for cheating Army man in Hyderabad

Initially the company offered combo packages of Rs 7,999 and Rs 2,999 for joining the company and offered several privileges to its members.

Ikea to go online next year in India

To open 25 stores by 2025, approach government for further investment in India

Technology disrupting retail industry

Retail giants are deploying innovative technologies that are helping them enhance productivity and efficiency.

These Instagram profiles give new meaning to retail therapy

Online shopping now is not only limited to e-commerce portals, but also social media sites like Facebook, Instagram where sellers display attractive pictures of their merchandise and are instantly reachable for a prospective buyer.

Click and buy over a WhatsApp convo

WhatsApp has become an easy platform to shop for both buyers and sellers

Hyderabad warms up to Tibetan Refugees Market

From gloves, mufflers, kids clothing and sweaters in school uniform the Tibetan markets offer a wide range of variety.

Offers and sales this season

Online shopping sites are determined to shower us with best offers and sales

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