Tag: eCommerce
INDIA’S E-COMMERCE MARKET IS EXPECTED TO REACH $120 BILLION BY 2025
India's e-commerce growth slowed dramatically in 2020, but the estimation for this year, as well as forecasts through 2022, suggest a strong increase before levelling off in 2025. According to research from GlobalData, a London-based data and analytics firm, e-commerce sales will expand at a… Read More
AMAZON’S $1 BILLION, RS. 7,000 CR INVESTMENT IS SELF INTEREST, NOT FAVOUR TO INDIA
After India's anti-trust review of Amazon and Flipkart for anti-competitive practices, Amazon announced its $1 Billion, Rs. 7,000 Crore planned investment in its eCommerce operations and to help small and medium businesses. Amazon's investment is in its business interest to grow in India. It is… Read More
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‘INDIA WILL DO FULL ANTI-COMPETITIVE INVESTIGATION OF AMAZON & FLIPKART
Finally, after previous warnings, India.s Competition Commission of India has ordered this inquiry in light of alleged major illegal anti-competitive practices. As is quite common in other countries, they are looking to wipe out retailers both of all sizes especially small and medium ones. The… Read More
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2,00,000 Product Orders From Chinese Ecommerce Products Below 5k That Claims No Tax Enters In India As Gifts
Chinese eCommerce products that runs away from the customs duty and services taxes are bought by the Indians . The products till 5k does not require any taxes or service charges that enters in India as a token of gift. Everyday about 20000 orders are… Read More
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INDIAN E-COMMERCE COMPANIES MAKING MILLIONS & CRORES OF LOSSES EACH MONTH … IS THIS SUSTAINABLE?