Consumer Economy

Since the pandemic hit India in March 2020, 30–35 million new customers began transacting online, taking the total online shopper base to 140 million.

Supermarket chains must explore new business lines to counter loss-making fresh food e-commerce upstarts.

Chinese VCs are increasingly investing in consumer brands that leverage China’s robust existing infrastructure in logistics, e-commerce, and social media to connect with younger consumers.

Trendyol is the leading e-commerce platform in Turkey, serving 30 million shoppers and over 140,000 merchants in the country.

Amazon and Flipkart have been under scrutiny from Indian regulators for allegedly flouting the FDI rules that were established in late 2018.

The investment comes with a 10% non-compounding return guarantee from Tiki’s IPO.

The company will soon have its own product lines for groceries, general merchandise, and electronics.

China’s tech giants have started a new proxy war in the food and beverage industry.