The Rise of Online Marketplaces: A Transformative Shift in E-Commerce
In the dynamic world of e-commerce, online marketplaces have emerged as the modern equivalents of shopping malls. They provide a platform for a multitude of merchants to reach consumers, simplifying the online shopping experience. In 2023, a striking 64.3% of…
E-commerce Sales Surge: Online Marketplaces Achieve $6.5 Billion during Festive Week
The recent festive week has proven to be a remarkable period for online marketplaces, which collectively reported sales worth an impressive $6.5 billion—or nearly ₹55,000 crore. This figure marks a 26% increase compared to the same week last year. As…
New Guidelines for Online Marketplaces: Ensuring Consumer Safety in E-Commerce
The landscape of e-commerce is about to undergo significant changes as the Consumer Affairs Ministry in India prepares to roll out new safety regulations for online marketplaces. With the rapid growth of digital retail, ensuring consumer protection has become paramount,…
