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The tax levied on digital products and services will help Indonesia generate extra income as the pandemic reduced state revenue.

Hyper-local delivery, a model of picking up goods from neighborhood stores, warehouses, and supermarkets, had gained widespread investor interest a few years ago.

A majority of Indian startups are running out of money and time in the race to survive the pandemic.

In a similar move, Amazon Pay launched credit service to its users.

E-commerce companies had already begun to set things in order to start delivering non-essential products from this week.

Retail chains such as Future Group and Spencer’s Retail have partnered with e-tailers to make the best of the situation.

Lending startups are staring at a tough time ahead as getting loan from NBFCs and collecting money from debtors is going to be a tough nut to crack.

Over the last few weeks, Swiggy, Zomato, and Amazon have raised money to strengthen their e-grocery business in the country.