India is Second Largest Market for Alibaba
Alibaba.com, the business-to-business side of The Alibaba Group has named India as its second largest market next to China. See what this means for Alibaba.com.
Alibaba.com, the business-to-business side of The Alibaba Group has named India as its second largest market next to China. See what this means for Alibaba.com.
With its economy soaring and marketplaces showing big signs of success, it may be time to revisit selling cross-border into India. eBay reported a strong third-quarter showing in India, but may have a lot of catching up to do to beat native marketplaces Snapdeal and Flipkart.
PayPal, which was split from eBay last week, has struggled in the Indian market in the past, as it faced issues with the Reserve Bank of India. The RBI wanted the company to transfer the money held in its accounts to a bank within a pre-determined period, limiting its traditional functions.
When expanding our ecommerce business to Asia, we launched in some smaller ASEAN (Association of Southeast Asian Nations) markets at the same time as attempting to break India. The results were surprising, as we found that markets such as Singapore, Indonesia and Malaysia quickly overtook India in terms of ROI, and Southeast Asia has since become one of our main focus regions.
Aeropostale’s expansion plans in India include the opening of 50 standalone stores, 150 shop-in-shops in select locations, and ecommerce operations across the country over the next five years, beginning in March 2016.
More and more shoppers in India are going to their mobile devices to shop and one online marketplace in particular is making an effort to respond to the increase in mobile usage. See which marketplace is answering the mobile call.
A successful international strategy centers on providing buyers with clarity and accuracy in the online buying process, certainty and transparency in delivery, and competitive pricing. Here’s a deep dive into the results of the 2014 Pitney Bowes Global Online Shopping Study results.
Walmart is launching a business-to-business ecommerce platform in India next month. It is expected to launch in the Indian cities of Lucknow and Hyderbad.
The government of India could allow foreign direct investment in India’s ecommerce sector as early as next month, paving the way for global online retailers such as Amazon to expand their business, according to a report published June 4 by Reuters.
Craftsvilla.com, which is India’s largest online store for Indian products like jewellery, sarees, salwar suits, accessories and handicrafts, today announced launch of largest collection of Indian jewellery in the world.