Cyber Monday
Finance

Retailers Lose $1 Million An Hour To Outages, Says New Relic

AI drives surge in observability investments as retailers seek to cut downtime and protect revenue during peak shopping seasons Retailers are increasingly investing in observability tools to ensure smooth digital experiences and minimise costly outages, as retailers lose a median of USD 1 million for every hour of downtime. The impact remains steep during high-traffic […]

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E-commerce & Marketplaces National News

Ecommerce Orders Surge 18.7% Amid Republic Day Sale

Ecommerce order item volume increased by 18.7 per cent during the Republic Day sale in 2024, as compared to last year’s sale period, according to a report by Unicommerce. The company analysed order items processed through its platform during the nine days (13 to 21 January) of the Republic Day Sale. The growth of ecommerce […]

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Companies Export Finance News

Indian Exporters Shine On Amazon Global Selling During Black Friday & Cyber Monday

Indian exporters on Amazon Global Selling experienced a surge in business during the Black Friday and Cyber Monday (BFCM) shopping events held globally between November 17-27. The 11-day sale period saw over 80 per cent business growth compared to the usual 11-day period starting 20 October, and a 25 per cent growth compared to last […]

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Companies E-commerce & Marketplaces News

Amazon Targets $20 Bn Merchandise Exports From India By 2025

Amazon is targeting merchandise exports worth USD 20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday. “We are very encouraged by the number of entrepreneurs who signed up this year. We are looking to scale up,” Bhupen Wakankar, director of global trade, […]

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Brands Companies News People

Amazon To Hire 250,000 Workers For Holiday Season

Amazon plans to hire an additional 250,000 workers in the United States for the upcoming holiday shopping season. It’s 67 per cent increase compared to the number of hires made in the previous two years. The decision is part of Amazon’s efforts to expand its next-day delivery services for customers. This hiring surge follows Amazon’s […]

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