India’s e-retail market to reach $160 bn by 2028: Report
Presently, online spending constitutes only 5-6% of total retail spending in India, in stark contrast to the U.S., where it comprises 23-24%, and China, where it is 35%.
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Rise Of The ₹1-Lakh Crore Club
Fortune 500 India club sees explosive top-line growth with record nine companies surging past ₹1 lakh crore revenue even as profit engine sputters.
Govt e-Marketplace surpasses ₹1-lakh cr GMV in 145 days
The average GMV per day has also witnessed significant growth from ₹412 crore per day in FY23 to ₹690 crore per day in FY24.
E-commerce sales grow 25% during festive season: Report
While e-taliers sold goods worth ₹76,000 crore during the festive month, it was lower than Redseer's pre-sale estimate of ₹83,000 crore.
Voice and vernacular: The future of e-retail in India
In the post-Covid world, India’s e-retail story will be more inclusive for both buyers and sellers, a Bain-Flipkart report says.
Diwali sale boom for online retailers
There is no stopping Diwali sales, which grew 45% this year over the last year. Flipkart led the pecking order, while Amazon saw a dip in its share during the sale month that started on September 20.
