Wednesday, November 6

Tag: ecommrerce

JD.com, China’s Second Biggest E-commerce Revenue Roses 42%
11Aug By AdityaNo Comments
CHINA

JD.com, China’s Second Biggest E-commerce Revenue Roses 42%

JD.com Inc, China's second biggest e-commerce company, reported revenue for the second quarter of 2016 that was within company forecasts, even as the growth rate continued a steady decline that is expected to continue. The company, Alibaba Group Holding Ltd's main rival in online shopping, said on Wednesday revenue for the quarter rose 42 percent to 65.2 billion yuan ($9.83 billion), within JD.com's forecast range of 64.2-66.2 billion yuan. But the company is predicting an even sharper decline in growth for the third quarter, compounding concerns that China's e-commerce sector is saturating. JD.com's revenue from Amazon-like online direct sales rose 40 percent in the quarter, versus a 67 percent jump in sales from services and other businesses. JD.com now expects revenues for the third ...
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81 Crores Cash Transactions From 116,000 Gadgets in 3 Years is Just The Beginning For Reglobe
19Feb By Sonia MotwaniNo Comments
Story

81 Crores Cash Transactions From 116,000 Gadgets in 3 Years is Just The Beginning For Reglobe

It was the year 2013 when Nakul Kumar was looking to sell his laptop but unable to find someone to buy it. That’s when the idea of ReGlobe, a re-commerce website for electronics was born. Nakul joined hands with Mandeep Manocha to startup in Gurgaon. A huge amount of waste is being dumped in an open area on the outskirts of Delhi and electronic waste can be reduced. “We realized that it was not the correct way of getting rid of any kind of waste ‘manually’ and it was certainly not helping the environment to get any better,” says co-founder Mandeep. ReGlobe offers an end to end service wherein the customer can sell old gadgets hassle-free. Privacy, instant cash, free home pickup & an instant price quotes are just some of the things that drive the users towards ReGlobe without havi...
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