Ecommerce major Amazon has launched its online prescription medicine delivery service ‘Amazon Pharmacy‘ starting in Bengaluru, at a time when the e-pharmacy sector in India is gearing up for a big wave of consolidation. Amazon’s foray into home delivery of drugs comes on the back of Reliance Industries’ talks to acquire Chennai-based Netmeds, while other […]

E-commerce industry associations have sought more time – at least 6-7 months — to comply with the new consumer protection rules, including one that requires e-tailers to mandatorily display the ‘country of origin’ of goods. The Consumer Protection (E-commerce) Rules, 2020, were notified on July 23. The rules, which came into effect immediately, require e-commerce […]

Apple is readying a series of subscription bundles that will let customers sign in for several of the iPhone maker’s digital services at a lower monthly price, Bloomberg News reported on Thursday. The bundles, dubbed “Apple One” inside the Cupertino, California-based company, are planned to launch as early as October alongside its next iPhones, the […]

India’s digital payment volumes are set to soar to new highs as the Covid-19 pandemic changes the way people transact. We’ll also take a deep dive into where India stands in manufacturing of high-tech components like printed circuit boards, chipsets, display and camera modules. Digital payments boomThe Covid-19 pandemic is bringing about a transformation in […]

An association representing over 2,000 sellers on various e-commerce platforms has formally complained to the Reserve Bank of India (RBI) over alleged non-payment of dues by Chinese e-tailer Club Factory. The All India Online Vendors Association (AIOVA), in the complaint dated August 10, said Club Factory had violated Section 28 of the Payments and Settlements […]

While the world was busy firefighting misinformation after the Covid-19 outbreak, hate speech on social media went up exponentially — Facebook removed 22.5 million pieces of hateful content from its platform between April and June, its latest community guidelines enforcement report, released on Tuesday night said. It’s much higher than the 9.6 million pieces removed […]

The Covid-19 pandemic is bringing about a transformation in the payment habits of Indian consumers similar to what was seen during the ban on high-value currency notes in 2016, according to a new report by RedSeer Consulting. Digital payment volumes across channels such as the Unified Payments Interface (UPI), wallets and cards are set to […]

Home rental platform Airbnb is eyeing its much-anticipated initial public offering after witnessing a surprise turnaround in recent months. We also go deeper into various issues that are currently impacting India’s influencer marketing industry. Airbnb’s IPO plans The Covid-19 pandemic has hit several businesses across the world, especially those in the travel and hospitality industry. […]

(File photo) Chinese gaming and social media giant Tencent Holdings said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus put a dent in other entertainment options. Revenue from online games, which accounts for one-third of total sales, jumped 40% in the quarter, primarily driven by smart […]

Co-living companies, which have been struggling due to the Covid-19 pandemic, are targeting new segments to keep revenues coming. Despite current occupancies falling in the range of 40-75% for co-living companies and to near zero for student accommodation players, many are also striking deals with distressed property owners to add capacity expecting future demand, albeit […]