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Alibaba Integrates Ecommerce Arms To Fight Rising Competition: Reports

As per the Reuters report, the Alibaba ecommerce business group brings together the Taobao and Tmall Group and the Alibaba international digital commerce (AIDC) group

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Brands consumer News tech

Most Indian Consumers Prefer Engaging With Human-like AI: Report

The report states that 88 per cent of customer experience (CX) leaders in India report a positive return on investments (ROI) from their artificial intelligence (AI) tools in CX

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Companies Consumer consumer E-commerce & Marketplaces Economy News

Quick Commerce Emerges As Favoured Mode For Daily Essentials With 85% Adoption Rate: Report

For high-value purchases, however, physical stores remain the top choice, with more than 50 per cent of respondents preferring in-store shopping for high-value premium products

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Brands Companies Consumer consumer Fashion & Lifestyle News

Snitch Opens Its 32nd Store In Kalyan Metro Junction Mall, Maharashtra

The new store spans 2,070 square feet, offering an extensive range of menswear, including elevated basics and versatile everyday wear

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Brands consumer Consumer Economy Retail

Attractive Discounts Drive Auto Retail Sector’s Growth This Festive Season: Report

The two-wheeler retail sales witnessed a 14 per cent growth, with dealers registering a rise in bookings and footfalls

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Brands Companies Consumer consumer E-commerce & Marketplaces Economy News

Kirana Stores’ Market Share Gradually Shifting To Quick Commerce: Report

A report reveals that Kirana stores’ market share fell from 95 per cent in 2018 to 92.6 per cent in 2023

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Brands consumer Economy Fashion & Lifestyle News

Borosil’s Revenue Registers 16.6% YoY Rise In Q2FY25

The company’s total income witnessed an increase from Rs 236.96 crore in the second quarter of the financial year 2024 (Q2FY24) to Rs 283.3 crore in Q2FY25

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Brands Companies consumer E-commerce & Marketplaces Economy News

Over $1.2 Bn Kirana Sales Expected To Move To Quick Commerce In 2024: Report

The quick commerce market size is expected to reach USD 40.1 billion by 2030, up from USD 3.5 billion in 2023

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Brands consumer E-commerce & Marketplaces Economy Retail

Quick Commerce Posing Challenges For Retailers: Uday Kotak

Kotak states that the protection for domestic players in the domestic market is ‘very dangerous’ in the longer run

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Brands Companies consumer Economy

Honasa Consumer Posts Loss Of Rs 18.57 Cr In Q2FY25

The total expenses of the company increased from Rs 463.98 crore in the second quarter of the previous fiscal (Q2FY24) to Rs 506.21 crore in Q2FY25

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