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Jio Platforms' conversational AI maker Haptik is tripling business on year-on-year basis and is bullish about e-commerce facility getting developed on instant messaging app Whatsapp, a top official of the company said. Jio Haptik Technologies co-founder and CEO Aakrit Vaish told PTI that the business of the company is growing overseas with the US being its primary market.
Union minister Piyush Goyal has assured that every stakeholder's interest will be taken into consideration while framing the e-commerce policy which would be robust and in the interest of every Indian. Goyal, who heads commerce and industry as well as consumer affairs ministries, also said that he welcomes all the feedback on the draft e-commerce rules but comments about inter-departmental issues on the draft rules are totally unwarranted.
Digital B2B platform Flipkart Wholesale on Tuesday said the company's grocery member base has increased 30 per cent to over 5 lakh, and 70 per cent of them have adopted e-commerce during the 'Big Billion Days' festive sale event.
Omnichannel inventory management and e-commerce solution provider EasyEcom has released a predictive analysis report on the state of e-commerce in India for the Calendar year 2021. The study has been prepared after analysing the data around online sales during 2019 and 2020, according to a press release issued by the organisation.
China’s retail e-commerce market has been the largest in the world since 2013. Its sales grew 34-fold in the decade to 2020 compared to the world’s ninefold growth. In 2020, its sales stood at US$2.3 trillion, representing just over half of the world’s e-commerce market total of US$4.3 trillion. What has contributed to this remarkable growth?
Even though restrictions by authorities have been eased in most parts of the country and physical stores are now open, the growth trajectory of the ecommerce industry looks unlikely to shift down. We are entering a world that will be the amalgamation of online and offline shopping. The rising number of first-time online shoppers across India and ecommerce users from Tier II and Tier III cities of India are driving the ecommerce growth.