Tag: ECommerce

  • E-commerce stocks rally after Black Friday shoppers spend record online

    Shoppers turned out in full force on Thanksgiving and over the Black Friday weekend, largely shunning physical stores for the comfort of clicking buy online from their couches. Black Friday online spending reached a record $9.8 billion in the U.S., up 7.5% from a year earlier, according to Adobe Analytics. Online sales on Cyber Weekend,…

  • Secrets Behind Seamless E-Commerce

    E-commerce operates on a complex foundation of data-driven mechanics that many might not readily see. At its core lie components like Electronic Data Interchange (EDI) standards, which serve as the bedrock for seamless transactions. These standards ensure accurate, quick, and efficient communication between trading partners, providing a robust framework upon which modern online businesses thrive.…

  • Inside Flipkart’s restructuring; Ad boost for ecommerce, food-delivery

    Happy Monday! Walmart-owned ecommerce behemoth Flipkart is undergoing significant restructuring, including an internal workforce reduction. This and more in today’s ETtech Morning Dispatch. Also in this letter:■ Short-video apps and small-town content creators■ Startup India 2.0 coming soon■ Esports firms may cap player payouts Flipkart may trim rolls by up to 7% in yearly refocus…

  • E-commerce platforms can’t become haven for counterfeiters: Delhi HC

    New Delhi, An e-commerce platform cannot become a haven for infringers of intellectual property and have such a system which provides an avenue to counterfeiters, the Delhi High Court has said. The court observed that e-commerce websites are commercial ventures and are inherently profit oriented, which is not objectionable, but they have to protect intellectual…

  • Indonesia’s GoTo in talks with TikTok over potential ecommerce partnership

    Indonesia‘s biggest tech firm GoTo Gojek Tokopedia said on Friday it was in talks with short video app TikTok over a potential e-commerce partnership in the Southeast Asian country. No final deal has been reached, GoTo added in a statement. The company also said the discussions did not include a takeover plan or any sale…