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Year of the pandemic turns out to be the breakout year for online marketplaces in India

Year of the pandemic turns out to be the breakout year for online marketplaces in India

Search+›››› Year of the pandemic turns out to be the breakout year for online marketplaces in IndiaBy , Last Updated: Mar 15, 2021, 08:37 AM ISTSynopsis(This story originally appeared in on Mar 15, 2021) is fast becoming one of the most preferred modes of shopping in India, buoyed by increased customer adoption over the past 12 months due to the Covid-19 pandemic, a new survey shows.Despite the opening up of local markets, retail stores and malls over the past few months, the findings of the survey by community platform LocalCircles show that consumers who used ecommerce services during the...

March 15, 2021
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Amazon eyes a big pharmacy bet to take on Reliance, Tata Group

Amazon eyes a big pharmacy bet to take on Reliance, Tata Group

Search+››› Read. Lead. Succeed. ET Prime - For Members OnlyA potential investment in Apollo could provide Amazon access to 3,700 outlets whereby it can pick products directly from retail stores and deliver to consumers.Amazon is evaluating a potential investment of nearly $100 million (Rs 737 crore) in India's largest branded pharmacy chain Apollo Pharmacy, according to two people privy to the online retail giant's plans.If the deal fructifies, Amazon will gain access to Apollo's front-end pharmacy business with over 3,700 outlets from where medicines can be delivered to consumers'...

December 9, 2020
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Inside Amazon India's plan to use electric vehicles for last-mile delivery

Inside Amazon India's plan to use electric vehicles for last-mile delivery

Search+››› Read. Lead. Succeed. ET Prime - For Members OnlyIllustration: Rahul AwasthiThe ecommerce company has been conducting trial runs of EVs at several last-mile delivery hubs for over a year and a half now as it pushes ahead with its plan to introduce 10,000 e-vehicles on India’s roads by 2025.The world's largest online retailer Amazon is in talks with a slew of domestic electric vehicle manufacturers, including Mahindra Electric and Kinetic Green, to procure customised EVs through its logistics partners for last-mile delivery, according to people aware of the Seattle-based company’s...

December 3, 2020
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