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While some of these models are operated on virtual stores (online marketplaces), there are quite a few that have a physical retail presence.
The Stanford University Alum was hired three months after ex-Googler Punit Soni was singed up by Flipkart in the same capacity.
While some believe that restructuring of eComm business models will take time, malls happy as GPI clears ambiguity.
One of India’s branded online marketplaces Snapdeal is set to appoint Kanika Kalra of Hindustan Unilever as its executive vice president for marketing.
The digitally empowered consumers expect to be served at any time and place of their choice. Closing in on to their consumers is Mahindra Comviva’s Zerch, a mobile-based hyper-local deals delivery platform connecting merchants and consumers.
Online marketplaces are trying new tricks, including shipping directly from the merchant if the buyer is in the same city or region.
E-commerce firms are running their preparations for the coming festive season at full steam, expecting sales to the tune of Rs 25,600 crore ($4 billion).
The booming eCommerce sector has embarked on a hiring spree with firms like Amazon India, Jabong, Snapdeal, Paytm, Flipkart in the process of ramping up workforce across various functions.
As kids are gradually catching up with the latest vogue and acquiring fashion-related products, licensing for kids’ apparel segment is seeing a new growth horizon, both in monetary terms as well as popularity.
Ice cream brand, Natural today opened its first store in Delhi and said it will open 100 outlets in the next five years across the country, as reported in PTI.