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New DELHI: The government will soon issue a clear definition of what constitutes a ‘marketplace’ in the context of ecommerce in the country’s foreign direct investment (FDI) policy, hoping to end disputes over popular online retail websites and encourage entrepreneurship in the digital space by leaving it unfettered Central to this is the future of
According to eMarketer, worldwide e-commerce is anticipated to spring up to $3.5 trillion by 2019. Are you aware of the fact that 45% of Amazon’s business is now acquitted via Amazon Marketplace? Retail giants like Sears, Walmart, and Best Buy are also launching their own online marketplaces. Online marketplaces are effective retail trends over the
Introduction Having grown to great proportions presently, the world of ecommerce is showing great promise as an alternative buying channel vis-a-vis the traditional brick and mortar model. More and more retailers are looking at ways to maintain online stores and even increase sales by going online. For example, in India, e-tail is expected to account