India
Zomato posts INR2.7b loss in Q3 2022
Zomato posts INR2.7b loss in Q3 2022
This is an improvement from INR3.1b loss in the previous quarter.
Amazon India to launch initiatives for women entrepreneurs in Karnataka
The company will extend the benefits of its “Saheli” program to train women merchants.
India’s grocers to gain in redefining its core value proposition
The grocers can start by evaluating their consumers’ spending behaviours.
H&M India to roll out home decor products in spring
Its H&M Home products will also be introduced in its existing stores in India.
Reliance Brands, Rahul Mishra partner to bring new exclusive RTW collection
The JV plans to have dedicated flagship stores at fashion capitals in the next 5 years.
Jio Platforms invests $15m in AR company TWO
The companies will work collaboratively for fast adoption of new technologies.
Omni-channel expansion to strengthen Nykaa ‘s grip on India’s cosmetic industry
The company plans to capture the overall market share, worth INR14.1t by 2025.
Popeyes opens first store in India
More stores will be opened in New BEL and Kammanahalli.
Reliance invests $200m in quick commerce player Dunzo
The delivery company is seeking to expand its operations to 15 Indian cities.
Tensions escalate between India’s restaurants and food aggregators
Despite the lifting of quarantine restrictions, many consumers still order food online.
Ikea unveils planned mall with ‘edutainment’ space in Gurugram
The development seeks to be a gathering place for leisure, entertainment, and retail in India.
Festival hype boosts India’s online retail sales in 2021
The massive discounts from retailers bode well for e-commerce companies.
2 in 5 Indian shoppers use digital payments for festive season spending
Furthermore, 33% consider digital payments as the most secure way to pay.
Reliance Retail buys controlling stake in Ritu Kumar designer brand
This includes the purchase of a 35% stake from Everstone.
Surge in online grocery shopping boosts India’s e-commerce market
Traditional grocers have yet to gain footing in the online space due to large investment needed.
Amazon expands India operations in preparation for grand shopping festival
The company has expanded its fulfilment storage capacity by 40%.
Dark stores take off amongst India’s online grocers
The instant delivery model it enables offers huge customer convenience.
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