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01

Mar
2014

Ebay leads $134 million investment in Indian e-store Snapdeal


Indian online marketplace Snapdeal has confirmed its biggest ever funding round, worth US$133.77 million. US-based eBay (NASDAQ:EBAY) led the investment, with some unnamed smaller investors chipping in some of the cash. 

29

Dec
2013

Online shopping gains currency


The e-commerce industry is estimated to be $1.8 billion in 2013 

02

Dec
2013

Meet Amazon Prime Air, A Delivery-By-Aerial-Drone Project


The Seahawks aren’t the only ones expanding their air game in Seattle. On tonight’s episode of 60 Minutes, Amazon CEO Jeff Bezos demonstrated his new concept for nearly instant order fulfillment, an approach it’s calling Amazon Prime Air. Air aims to use octocopter aerial drones to deliver packages up to five pounds to any customer within ten miles of a fulfillment center.  

17

Sep
2013

15% of Indian Internet Users Shop on Smartphones


Americans lag behind Indian and Chinese Internet users when it comes to mobile shopping. Nearly twice as many Chinese Internet users (18%) Indian users (15%) shop via their mobile phones as Americans (10%). 

03

Sep
2013

Small towns, like Mangalore, fast catching up on online shopping.


It is estimated that approx 65 per cent of the growth of eCommerce will come from Tier II and Tier III cities