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India’s online grocers will thrive post-Covid-19, says analyst
India’s online grocers face a bright future following the Covid-19 lockdown, according to analysis by industry research firm GlobalData.
Swiggy lays off 1100 staff
Indian food-delivery company Swiggy is laying off 1100 staff after Covid-19 severely hit its sales – the equivalent to 14 per cent of its workforce.
WhatsApp and JioMart commence e-commerce rollout
Indian conglomerate Reliance Industries has partnered with Facebook’s WhatsApp messaging service to pilot its new online food and grocery channel JioMart in an attempt to redesign Indian retail.
India’s Reliance Industries set to buy into online pharmacy Netmeds
Indian multinational conglomerate Reliance Industries is holding talks to purchase a controlling share in e-commerce pharmacy business Netmeds.
India’s Reliance Retail opens 1533 new stores
India’s Reliance Retail opened 1533 new stores last fiscal year, taking its network to 11,784 as it boosts its strength across the food, fashion and digital sectors.
Two Asian retailers named in global housewares awards
Two Asian retailers have been named in a global housewares awards sponsored and organised by the Inspired Home Show and the IHA.
Indian retailers urge landlords to adopt revenue-sharing rent model
High-profile Indian retailers are lobbying mall owners to transition to a revenue-sharing rent model in the wake of the coronavirus pandemic.
Facebook invests US$5.7 billion in India’s Jio Platforms
Facebook has paid US$5.7 billion for a 9.99-per-cent stake in Indian telco and e-commerce enabler Jio Platforms, becoming the largest minority shareholder in the Reliance Industries-controlled company.
Four ways the Covid-19 pandemic will reshape shopping behaviour in Asia
Shopping behaviour in Asia will be redefined by the Covid-19 crisis, according to new research from retail solutions provider Tofugear, Digital Consumer in Asia 2020.
Indian FMCG companies help modernise kirana stores
A consortium of Indian FMCG firms is partnering with the government to help convert neighbourhood kirana stores into sanitised, professional retail operations throughout the country.
Asian consumer behaviour may change forever after Covid-19
New research has shown that some shifts in Asian consumer behaviour in response to the coronavirus outbreak could be lasting beyond the pandemic.
Indian fashion chain W expands into footwear
Indian women’s fashion chain W is expanding its business into footwear, preparing to sell shoes in more than 80 W stores across the country.