websnips- news snippet october 01 to10
TRANSCRIPT
WebSnips. Big Bucks for E-Com. Big Business for Supply Chain.
October 01 to 10 | For our past updates
600cr Business in 1 day,
BIG BILLION DAY: Flipkart, Snapdeal each sell big just on Monday
In one of the biggest sales days in
Indian online retail market,
Flipkart and snapdeal on Monday
sold products worth an estimated
Rs 600 crore each, while global e-
retailer Amazon continued its own
pre-Diwali campaign.
Flipkart claimed it sold products
worth USD 100 million (over Rs
600 crore) within 10 hours, while
snapdeal pegged its sales at Rs 1
crore a minute-- which translates
into a figure similar to Filpkart's.
Read full article (click here)
Source: ABP Live
The boom in India’s e-commerce sector has
led to increase in demand for warehousing
space from online retailers which leased about
6 lakh sq ft area in the first half of 2014,
according to property consultant CBRE.
Leasing activities in the logistics and
warehousing market remained steady with
large sized transactions of around 1? 2.5
lakh sq ft reported in the first half of 2014,
CBRE said in a statement.
Read full article (click here)
Source: TechCircle
The boom in India’s e-commerce
E-com firms accounted for
over a quarter of warehousing
leases in India during H1
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