Consumer Economy

iPrice’s report suggests that ‘s e-commerce sector shows signs of maturity.

Surge runs against production shortages caused by coronavirus response.

The startup is set to raise USD 1 million that will be closed in the second quarter of this year.

Pinduoduo narrowed its net loss in the December quarter to USD 251.6 million, beating analysts’ estimates.

Revenues up 91% year-on-year but miss market predictions by USD 40 million.

The American retailer has asked Myntra to slash discounts by 13-14% and close small warehouses that do not meet standards.

The US-based online retailer, with its ecosystem play, is going after India’s 130 million online shoppers.

Sales of personal protective equipment, such as face masks, increased 14 times among JD.com’s female customers.