Reliance Industries sets up Jiomart to sell grocery online soon
Reliance Industries will enter into online food and grocery shopping by early next year through Jiomart.
Brokerages maintain bearish stance on D-Mart post Q3 results, see up to 33% downside
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Road, net shutdowns disrupt e-commerce
Among the many disruptions caused by multicity agitations against the citizenship Act is the effect on...
Walmart unveils robot-run warehouse to whisk food to your car
The Alphabot, designed by a Massachusetts startup called Alert Innovation, could help Walmart build on that lead. Walmart began working with Alert in 2016, as part of a broader corporate initiative dubbed “Alpha” that sought to improve the profitability of online grocery.
More preferring online grocery shops: BigBasket
BigBasket said it’s using its partnership with Chinese e-commerce giant- Alibaba to improve delivery and logistics.The retailer, which has shifted from dark stores to large warehousing format, has also implemented Alibaba’s bulk storage mechanism to optimize space.
Companies are looking to hire digital, new age technology professionals in 2020
Demand for people with training in AI, machine learning, robotics, blockchain will double in 2020.
Flipkart to start selling food through FarmerMart
In India, consumers spend about $500 bn on groceries annually. FarmerMart, with an authorised equity capital of Rs 1,845 crore, will sell items produced locally. Sales will initially be online, although the company can also sell through physical stores.
Abu Dhabi Capital Group backs Grofers
Grofers is expected to be valued at around $700 million after this fund-raise.
Amazon to use Prime Now for food delivery launch
Prime Now will serve as a platform focusing on high-frequency use cases of both food and grocery delivery, as Amazon looks to capture a bigger share of urban consumers.
Gig economy weighs impact of social security for workers
The government has proposed changes which would ensure gig workers get life and disability cover, health and maternity benefits, old age protection and any other benefit it may determine as helpful. The benefits have not been clearly defined yet, which is making companies anxious as they fear their operational costs will jump.
BigBasket merges 2 core arms to speed up delivery
The move is expected to help it better compete with established ecommerce players Amazon and Flipkart and food delivery company Swiggy, which has recently forayed into the grocery segment.
Social e-commerce: Local focus for a bigger audience
DealShare, unlike most startups which operate from big cities like Bengaluru, operate from the Pink City.
Alibaba backs Indian online grocer BigBasket in $300 million fundraising
An Alibaba unit invested $146 million, subscribing to compulsorily convertible preference shares, BigBasket said a filing to Indian regulators.
Grofers converting grocery shops into its brand stores
This is Grofers’ second stint in brick-&-mortar format; in 2017, it opened tuck shops at Oyo properties.
Amazon in talks to buy Indian online grocer BigBasket
BigBasket, run by SuperMarket Grocery Supplies Pvt, is India’s largest online grocer and operates in about 25 cities across the country.
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