Tag: ecommerce grocery

Ecommerce companies can’t deliver non-essentials even after April 20 lockdown movement relaxations

As the government planned to allow certain relaxations in its lockdown advisory after April 20, E-commerce companies were aiming for a renewal of services. But in a surprising move, the government has made a U-turn and revised its order. The government had recently released its lockdown guidelines, which allowed e-commerce companies to operate fully and…

Amazon shuts French warehouses after court ruling

E-commerce giant Amazon was recently ordered to close its warehouses in France until at least early next week. The company has been ordered to limit deliveries to essential goods such as food and medical supplies. According to Reuters reports, in an internal document sent to French unions ahead of a meeting on Wednesday afternoon, Amazon…

Amazon to hire 75,000 employees to keep up with consumer demand

The coronavirus pandemic has impacted several jobs globally with nearly 10mn people have filed for unemployment benefits in America alone. The pandemic has forced businesses to close operations and employees have been sent on furloughs for indefinite periods. The International Labour Organization has predicted that globally around 2.5mn jobs would be lost due to the…

Bigbasket plans to recruit 10,000 employees to fulfill deliveries

The ongoing coronavirus pandemic has crippled the economy with many experts fearing a global recession, possibly worse than the 2009 financial crisis. The impact of the pandemic can already be seen in the industries. The travel and hospitality industry has been the worst hit among all due to lockdowns and travel restrictions imposed by governments…

BigBasket acquires milk delivery startup DailyNinja

Online grocery marketplace Bigbasket recently announced that it has acquired a 100% stake in milk delivery app DailyNinja to grow its milk delivery services. As per various media reports, the grocery delivery platform paid around $15-20mn for the acquisition. The acquisition further strengthens Bigbasket’s leadership position in the subscription delivery space in the Silicon Valley…

E-commerce platform Near.Store raises $300k in seed funding from sauce.vc

Plug-and-play E-commerce platform for offline stores Near.Store recently announced that it has raised $300,000 in seed funding from venture capital fund Sauce.vc and other individual investors. Near.Store helps offline stores go online, digitize their inventory, develop new consumer relationships and access business data and insights to make their business more efficient. This is done through…

Mukesh Ambani’s Reliance Industries ventures into E-commerce

Reliance Industries will kick off its online retail foray starting with grocery. Mukesh Ambani’s plan to move a part of Reliance Industries’ retail division into the e-commerce space has been known for a long time. The company plans to offer express deliveries of fresh fruit and vegetables to homes in Mumbai, making it the first…