Ever since China abruptly cut off the bulk of income for most private education companies last summer, the businesses have had to make some difficult decisions. For New Oriental, once the leader of the sector, it meant letting go of most of its tutors for the K-9 grades and setting up a new livestreaming e-commerce […]
ETtech Explainer | ONDC: India’s bid to break ecommerce monopolies
Illustration: Rahul Awasthi New Delhi: The Open Network For Digital Commerce ( ONDC ) was unveiled by the government in April as a potential alternative to Amazon and Walmart’s Flipkart in the country’s fast-growing ecommerce market. The network, which aims to democratise ecommerce by putting more kiranas and unorganised retailers online, was launched as a […]
Amazon launches initiative to boost Vietnam’s cross-border ecommerce
Amazon has recently signed an agreement with a Vietnamese government agency to train 10,000 local businesses in the next five years to sell to the US ecommerce giant’s global customers. Photo credit: 123rf.com Accordingly, participating companies will be trained in areas such as market research, product selection and listing, brand registration, and protection. The initiative […]
18 Chestnuts Announces National Ecommerce Launch of Plant-Based Soups
ASHEVILLE, N.C. — 18 Chestnuts, a “local first” brand, recently launched their new collection of distinctly nutritious and artistically blended plant-based soups consisting of seven different flavors: Red Pepper Pomodoro, Beetroot Apple Soup, Carrot, Ginger Dill Soup, Southern Succotash, Asparagus Shiitake, Butternut Squash & Pear, and Chestnut Maple. The plant-based soups are now available for […]
Ecommerce export: Roland Palmer shares how Alibaba.com is helping British businesses thrive
Charged spoke to Alibaba’s general manager for UK, Netherlands and Nordics Roland Palmer about how the company is helping British business go international… // While the demand for UK export remains high, almost 50% of UK businesses are unsure about embracing international trade. // Step forward Alibaba.com. As one of the world’s largest ecommerce companies, […]
[Startup Bharat] Despite internet shutdowns, this Kashmiri engineer is betting on ecommerce
Started in July 2019, Koshur Store sources goods from local vendors and sells them across India. In 2021, the startup delivered 37,409 orders at an average ticket size of Rs 1,000. The pandemic came as a blessing in disguise for several ecommerce and quick commerce giants including Amazon, Flipkart, Zepto, and Swiggy . According to […]
Beauty Ecommerce Startup Purplle Enters Unicorn Club
The investment has come from its new investor Paramak Ventures and existing investors Premji Invest, Blume Ventures, and Kedaara With the latest funding round, Purplle’s valuation reached $1.1 Bn, having raised $215 Mn so far The startup reported a loss of INR 51.27 Cr, a 110% increase from the INR 24.38 Cr in the previous […]
Apple extends its ecommerce fintech reach with launch of Apple Pay Later BNPL service
Apple: set to take a bite out of the BNPL market Apple has increased its reach into the ecommerce fintech space with the launch of its own buy now, pay later (BNPL) service on its Apple Pay payment platform. Apple Pay Later will be rolled out in the next version of iOS later this summer […]
Five ways ecommerce retailers should adapt to the cost of living crisis
Consumer attitudes shift quickly and in recent years customers have swerved away from bricks-and-mortar retail and towards mobile shopping – a change which was accelerated during the pandemic. // Consumer attitudes shift quickly and in recent years customers have swerved away from bricks-and-mortar retail and towards mobile shopping – a change which was accelerated during […]
Five ways ecommerce retailers should adapt to the cost of living crisis
Consumer attitudes shift quickly and in recent years customers have swerved away from bricks-and-mortar retail and towards mobile shopping – a change which was accelerated during the pandemic. // Consumer attitudes shift quickly and in recent years customers have swerved away from bricks-and-mortar retail and towards mobile shopping – a change which was accelerated during […]