E-commerce
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Opportunity India Desk Nov 01, 2021 - 2 min readLocal Shops on Amazon sellers has clocked a 2x spike and sold over ten products every minute during its month-long Great Indian Festival 2021. It is Amazon’s flagship festive sale which started in the first week of October till the end of the month. The top-performing sellers under the Local Shops on Amazon program ...
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Opportunity India Desk Nov 01, 2021 - 2 min readHomegrown wooden toy brand, Shumee brought Bollywood actress, Dia Mirza onboard as an investor and brand ambassador. The company was founded by Meeta Sharma Gupta. It designs development-friendly child-safe toys for children up to the age of 8. Its toys are designed in-house by the startup’s designers and handcrafted by local artisans using wood, cotton ...
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Opportunity India Desk Oct 27, 2021 - 2 min readWalmart-owned Flipkart on Thursday said it is setting up a digital learning academy to upskill thousands of students every year to help create a pool of skilled supply chain operations talent in the country. The Supply Chain Operations Academy (SCOA) is Flipkart’s project to provide relevant industry training and knowledge to help create a ...
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Opportunity India Desk Oct 18, 2021 - 6 min readEver since the COVID-19 pandemic happened, people have come to rely on digital services to cope with the most challenging period of their lives. Apps have been a lifeline to normality, enabling people to connect with their loved ones, access emergency services, and work and learn remotely. The AppDynamics App Attention Index 2021 revealed ...
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Opportunity India Desk Oct 15, 2021 - 3 min readThe B2B e-commerce exports in Singapore are expected to reach $3.5 billion in 2026 from $1.4 billion in 2021, provided the micro, small and medium enterprises (MSMEs) accelerate their pace of using e-commerce to sell overseas. Currently, MSMEs are estimated to contribute 45 percent of Singapore's B2C value of e-commerce exports in 2021. Among the key challenges ...
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Opportunity India Desk Oct 15, 2021 - 4 min readJust as we are getting into the festive fervor, there are sufficient supporting data points that give us hope and reason for the industry to celebrate this much-needed booster for recovery from torrid times and declining business results. Though there is a heightened spirit on the buoyancy that revolves around the growth of e-commerce and retail, ...
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Opportunity India Desk Oct 15, 2021 - 2 min readDigital B2B platform Flipkart Wholesale, the digital B2B marketplace of the e-commerce firm, witnessed the company's kirana member base has increased 30 percent to over 5 lakh, and 70 percent of them have adopted e-commerce during the 'Big Billion Days' festive sale event. The company claimed that kirana merchants coming from cities such as Bhopal, ...
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Opportunity India Desk Oct 13, 2021 - 2 min readMyntra’s Big Fashion Festival (BFF) that concluded on October 12th witnessed 5 million customers placing 8 million orders across categories. The festive sale which was held from 3-10 October had 7,000 domestic and international brands participating in the event. The platform observed 45 percent of the demand from Tier 2 and 3 cities. About 58 ...
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Opportunity India Desk Oct 12, 2021 - 7 min readFor a new D2C brand or one planning to enter into the segment, certain things need to be kept in mind. The rapidly booming space in India has received mixed results globally. Despite being an attractive space with the freedom to control one’s entire distribution, the model is not without perils. Notable global brands, ...
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Opportunity India Desk Oct 11, 2021 - 2 min readSnapdeal, India’s leading value e-commerce company shared that its overall sales volume in its first Toofani Sale of the season went up by 98 percent compared to last year. Sharing analysis from the first sale, it said that nearly 60 percent of its total orders came from Tier lll towns. Tier l and ll cities accounted for nearly 26 ...