India's lifestyle market to hit $210 billion by 2028
India’s e-lifestyle market is poised to grow from $16-$17 billion in 2023 to $40-$45 billion in 2028, says a report by Bain & Company and Myntra
online shopping
August 2024
October 2023
August 2023
October 2022
September 2022
June 2022
78% of Indian shoppers prefer human support, 84% buy influencer picks: EY
61% of shoppers value AI recommendations, but prefer human interaction for sharing personal info due to concerns over data breaches.
Non-metro MSMEs likely to surge ahead of metro cities in festive sales
With the widespread adoption of online shopping, the competitive edge it brings to the fore and lest we forget – the ease of shopping with the tap of a finger, e-commerce is empowering MSMEs
Way to a consumer's heart? It's e-commerce
As consumers increasingly turn to the internet to research products before buying them, businesses now need to manage the pre-purchase consumer experience.
Flipkart revenue up 31% in FY22; loss widens 51% to ₹4,362 cr
Flipkart's net loss in the last fiscal year was the highest in the past four years on a rise in legal, marketing, transport, and warehousing costs.
Flipkart launches metaverse shopping experience Flipverse
Flipverse will be available on Flipkart's newly launched platform, FireDrops, which can be accessed from the e-commerce platform's app.
India's e-tail market to grow by $110-130 bn in 6 years: Bain
Shopper addition will continue to be at the heart of future e-retail growth. India's online shopper base is estimated to increase to 400-450 million by 2027, say analysts at the firm.
Reliance Retail's JioMart to take on Amazon, Flipkart this festive season
Reliance Retail’s JioMart transitions into a full-scale e-marketplace, offering not just home products, and groceries, but brands across categories like jewellery, beauty, electronics.
Two-third households plan festive spending this season, says survey
Two third of the respondents intend to spend money during this festival season, with half of them willing to spend over ₹10,000 on festival purchases, as per the LocalCircles survey.
Indians most optimistic about future; lead the pack in spending
But, around 48% of consumers surveyed in India say they are planning to decrease spending amid high inflation, says the McKinsey Consumer Pulse Survey.
