Customs reforms, overseas warehouses, sops key to push ecomm exports: GTRI
India’s e-commerce exports represent a critical opportunity for economic growth, yet without urgent reforms, the country may struggle to meet its ambitious target of $350 billion by 2030. Currently, India’s e-commerce exports stand at just $5 billion annually, a figure…
Zalando confirms full-year guidance
Online fashion platform Zalando has reported a promising increase in its revenue, which rose by 3.4% in the second quarter compared to the previous year, amounting to 2.6 billion euros. This positive momentum in performance leads the company to reaffirm…
Google found guilty of antitrust violations
On August 6, 2024, Google was found guilty of antitrust violations, marking a significant moment in the ongoing scrutiny of major tech firms. This ruling comes as no surprise, given the company’s overwhelming dominance in the online search market, where…
TikTok challenges DOJ’s secret evidence request
In a ground-breaking legal maneuver, TikTok has taken a stand against the U.S. Department of Justice (DOJ) regarding requests for secret evidence in an ongoing legal challenge. This situation underscores a pivotal issue in the intersection of technology and legal…
Alipay+ expands to 90 million merchants in 2024 summer campaign
Alipay+ is making significant strides in the global payment landscape with its recent expansion to 90 million merchants as part of its 2024 summer campaign. This ambitious push follows a remarkable 27% increase in transactions during the UEFA EURO 2024…
Alipay+ expands to 90 million merchants in 2024 summer campaign
Alipay+ recently announced significant growth, reaching 90 million global merchants as part of its 2024 summer campaign. This milestone comes on the heels of an impressive surge in transaction volumes observed during UEFA EURO 2024, where Alipay+ served as the…
Flipkart's quick commerce service 'Minutes' goes live in Bengaluru
Walmart-owned Flipkart has officially launched its quick commerce service, ‘Flipkart Minutes,’ in Bengaluru, marking its entry into the competitive fast-delivery market. This new service promises to deliver essential items such as groceries, electronics, and smartphones within an impressive timeframe of…
What Grocers Need to Do Now
As grocery retailers gear up for the crucial holiday season, they are met with significant challenges. Grocery price inflation, product recalls, and a persistent theft crisis are frequent topics of discussion. At the Progressive Grocer’s GroceryTech event in June, industry…
Mollie Stone’s Markets Names New COO
Mollie Stone’s Markets, a respected family-owned grocery chain in the San Francisco Bay Area, has appointed Elliott Stone as its new Chief Operating Officer (COO). This promotion is a significant milestone for the 19-year veteran of the company, who has…
Goodyear hires a pair of digital transformation executives
The Goodyear Tire & Rubber Co. is making significant strides in its digital transformation journey by appointing two senior executives to spearhead its initiatives. With an impressive annual revenue of approximately $21 billion, Goodyear recognizes the necessity of adapting to…
