E-commerce

Companies like Alibaba and Meituan use exclusivity agreements and “monopoly clauses” to box in merchants and hobble competitors. That may change soon.

The healthcare unit of JD.com became the youngest unicorn on the Hurun Global Unicorns Index 2020.

Flipkart competes with Amazon India and Reliance-owned JioMart to get a bigger pie of the e-commerce market that is expected to reach USD 94 billion by 2023.

Sprii was the second most funded startup in the e-commerce category for products for babies and mothers within the region.

An “offline wallet” function will enable mobile payments without the need to be connected to the internet.

China’s grocery group-buying sector is gaining steam as the pandemic is boosting demand.

Critics say that big companies are squeezing traditional small vendors.

The government has been working toward enhancing the contribution of the digital economy to 20% of the Indian GDP in the next five years, from the current 7-8%.