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Bike taxi ban delivers a blow to Delhi ecommerce; IT employees should return to offices: Wipro chairman Rishad Premji

Ecommerce deliveries are facing significant disruptions in India’s capital, executives at online platforms and impacted brands said, stating that their on-ground teams are being penalised and harassed amid confusion, following the Delhi government’s recent order banning the use of two-wheelers as taxis. This and more in today’s edition of the ETtech Morning Dispatch.Also in this letter:■ IT employees should return to physical offices: Rishad Premji■ SoftBank sells shares worth Rs 954 crore in Delhivery■ Tech spending is a…

E-Commerce Giant Amazon May Face FTC Anti-Trust Lawsuit

According to a report, e-commerce giant Amazon may face a possible FTC anti-trust lawsuit in the US The Wall Street Journal reported that the US Federal Trade Commission is preparing a potential antitrust action against Amazon.com Inc., citing persons with knowledge of the situation. According to the report, it was unclear which specific areas of Amazon’s companies the FTC would target and when any cases may be brought. The FTC and Amazon both declined to respond. Throughout the Trump presidency, the panel started…

Target bets on e-commerce, invests in delivery hubs

The Target Corporation logo displayed on a smartphone screen.Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesTarget said Wednesday it will spend $100 million to build a larger network of supply chain hubs to speed up and lower the cost of delivering online orders.The retailer plans to have at least 15 of the facilities, dubbed sortation centers, by the end of January 2026. It already has opened nine, after testing the concept in its hometown of Minneapolis. The expansion will also grow Target's workforce. On…

Govt, e-commerce platform join hands for marketing of SHGs’ products

The Rural Development Ministry has partnered with e-commerce platform Meesho on Thursday for marketing of products made by the Self Help Groups (SHGs).Union Minister for Rural Development and Panchayati Raj, Giriraj Singh, asserted that the target of Prime Minister Narendra Modi to have 10 crore SHG members by 2024 will be achieved as the Ministry is working on a pro-active mode to enroll new women Sakhis (members).The Minister said this while speaking after the signing of an MoU by the Ministry with "Meesho" -- an…

What is e-commerce? Explain benefits and types of e-commerce.

E-commerce, also known as Electronic Commerce, refers to the purchase and sale of goods and services through the Internet. The first online transaction occurred in 1994 when a guy sold a Sting CD to a friend via his website Net Market, an American retail platform. This is the first case of a consumer purchasing a product from a business over the World Wide Web, sometimes known as e-commerce. After that, e-commerce evolved to make it easier to locate and purchase products through online merchants and…

Surprising Ways AI Is Transforming the eCommerce Industry in 2023

The market for artificial intelligence (AI) has been expanding rapidly in recent years, and by 2023, analysts predict that it will be worth $196.6 billion. New AI-powered solutions and services are being released all over the world, and this trend is just gaining steam. Analysts predict that once AI breaks out of its early adopter niche and into the mainstream, the technology will take on new functions and alter the face of many markets. AI assets are already being relied upon by businesses in the hopes of boosting…

Internal linking for ecommerce: The ultimate guide

Internal linking is a crucial aspect of any website, but it is especially important for ecommerce websites.  Internal linking helps improve the navigation and user experience for your website visitors and can also help improve your website’s search engine optimization (SEO).  This article will discuss the best practices for internally linking pages on ecommerce websites. To help illustrate these opportunities, I’ll use some of my favorite examples of ecommerce SEO done well – the portfolio of Williams Sonoma…

China’s JD.com to shut e-commerce sites in Indonesia, Thailand

China's JD.com is to close its e-commerce services in Indonesia and Thailand, retreating from Southeast Asia after a bruising year for China's retail and technology sectors. JD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units will stop taking orders on February 15. A spokesperson for JD.com said in a statement on Monday that the company will continue to serve global markets, including Southeast Asia, through its supply chain…

coutloot: Ecommerce firm CoutLoot adds 8 lakh new sellers to its platform in 2022

Ecommerce platform Coutloot said it added nearly eight lakh new sellers in 2022, helping offline retailers earn higher margins and sales due to increased orders.The company, a non-grocery non-mrp retail platform, said 80% are actual offline shops from India’s small bazaars and they acquire them through seller referral, digital marketing and offline activations."CoutLoot drives demand for these offline shops by getting buyers for these shops where buyers can live bargain in local languages on the price of the product and…

E-Commerce Giant Amazon Plans to Launch its NFT Initiative

E-commerce giant Amazon plans to launch its NFT initiative and will be unveiled by Spring 2023 Amazon could soon join the list of Fortune 500 companies to enter the NFT market. The world’s largest online retailer intends to introduce a “digital assets enterprise” — an NFT program, in other words — this spring, according to a report published today by Blockworks. The startup would concentrate on blockchain-based gaming that pays gamers with NFTs, according to one unnamed individual the newspaper talked…