Amazon India gets $3bn extra investment ahead of Alibaba arrival
Amazon is gong to spend even more money on growing its business in India, the company’s CEO Jeff Bezos has announced. That’s no surprise given that India is its fastest growth market.
Indian e-tail: Growth spurts, m-commerce and Alibaba
India is turning into one of the world’s most dynamic e-commerce markets, so it’s perhaps no surprise that Alibaba is planning to get in on the act this year (more of that later). In fact, a new report says the market has been surging but will really take flight in 2016.
Indian e-commerce: Mobile set to surge
E-commerce is growing fast worldwide with some markets having the potential to be massive. Cue India. A new report from Forrester reckons the country’s e-tail market will grow from $12bn last year to $75bn in 2020, with a CAGR of 44%. That’s fast. The number of people buying online will also grow, but only by…
Need to know: Jigsaw for sale? Lidl’s £6 jeans, UK’s boardroom inequality & more equality in India
Jigsaw on the block First it was Whistles, now Jigsaw. I understand that the fashion chain has held talks with advisors about possibly selling the mid-market business. That could mean the founders offloading a minority or majority stake or even floating the 70-store retailer. A possible price hasn’t yet been mentioned but the company sold…
Digital India: Ready for take-off
It may not be the world’s most mature e-commerce market but it’s set to grow 10-fold in the next five years. Which market am I talking about? India, of course. A new report says it’ll be worth $100bn in five years and perhaps $250bn in a decade, as internet penetration increases, more consumers get smartphones…
India’s Styletag.com gets growth funding
India’s digital market is growing and more homegrown business are gearing up to exploit that growth. Styletag.com, the country’s first online curated fashion and lifestyle startup has raised US$7.5m in angel funding from real estate magnate Jitu Virwani.
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