May 22nd, 2016China Tiens Group plans to foray into the fast growing Indian e-commerce market to take on the likes of Flipkart and Amazon as the firm plans to set up its marketplace by the second half of the year.
The group also plans to expand direct selling business in the country and expand user base to one crore over the next five years.
"We...
May 21st, 2016A tightening funding environment has prompted Indian e-commerce ecosystem to adopt stricter evaluation norms for business models, with focus on profitability and consolidation, a report said.
"We believe this (e-commerce) shake-up may intensify further, leading to the emergence of one or two strong companies within each sub-sector,"...
May 11th, 2016NearU App, an Online to Offline (O2O) App Signs up 6000 Retailers in 6 Months Including Marquee Brands, Empowering Them to Push Deals to Their Target Customers, Anytime, Anywhere.
The Indian Retail Industry today comprises of 7.5% organized retail, 92% unorganized retail and a meager 0.50% of e-tail. This clearly reflects the scope of...
