ONLINE DISCOUNTS
Get an Amazon Prime membership before Prime Day sales this July, here's how
The Amazon Prime Day sales in coming next week on July 16 and 17, making it the perfect opportunity for you to shop some amazing and exclusive products on Amazon at great deals and discounts. Prime Day sales include free shipping and a Grubhub+ membership at no cost this time. Here's how you can avail a new Amazon Prime membership or renew it if you already have one.
Tata 1mg’s FY24 operating revenue up 21% to Rs 1,968 crore
Tata 1mg’s net loss plummeted to Rs 313 crore from Rs 1,255 crore in the previous financial year. Over 80% of the company’s operating revenue came from pharmaceutical sales, with the remainder derived from laboratory test fees and other sources including advertising services.
Investors flock to new-age food brands; ecommerce sales report
Happy Wednesday! Investors are showing a strong appetite for new-age food brands, with notable investments and expansions taking place. This and more in today’s ETtech Morning Dispatch.
More incentives for EVs; online discount bonanza coming up
India’s new EV policy may be amended to include incentives for automakers who already have a presence in the country. This and more in today’s ETtech Top 5.
Online discounts to rain heavy from July, ease dry spell of electronics, apparel cos
Brands are gearing up for a surge in online discounts and promotions starting this month, aiming to clear unsold inventory ahead of the festive season. Expectations are high for the discounts to be the steepest since Covid-19, particularly in categories like smartphones, electronics, and apparel, which have faced sales pressure in the first half of the year. Multiple sales events are planned by marketplaces like Amazon and Flipkart, including Prime Day and Independence Day sales, extending till Diwali.
National Fried Chicken Day: Best deals and discounts from KFC, Burger King & more
National Fried Chicken Day will be celebrated on Saturday, July 6. Although the origins of this unofficial holiday are unclear, its widespread popularity is unquestionable.
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15 places to buy Amazon liquidation pallets in the USA
Discover reputable companies offering Amazon liquidation pallets with a wide range of products at competitive rates. From electronics to household essentials, these top 15 companies provide quality goods for wholesalers, retailers, and bargain hunters.
Once rebuffed, a Chinese company finds the Ambani route to India
It seems a safe India entry for Shein because this time the ownership and control of the platform will remain with Reliance Retail's subsidiary; the platform will be hosted on infrastructure in India; and all platform data will remain in India, which Shein will not have access to, or rights over, ET has reported based on information from sources.
Food Inc eyes quicker commerce on match day
With India battling South Africa in the T20 World Cup final this Saturday, quick commerce, food delivery services, restaurants, and brands are bracing for a massive order spike. As fans cheer on the Men in Blue, bars and restaurants screening the match anticipate packed houses and a jump of 20% to 50% in online sales.
India vs South Africa T20 World Cup Final: Food Inc eyes quicker commerce on match day
As the national men's cricket team aims to end the drought for an ICC trophy, bars and restaurants that plan to screen the match for fans back home expect to host a full-house and also cater to an increase of 20% to 50% in their online sales.
Tata funds pause is no 'debt-errent' at 1mg, BigBasket
BigBasket and 1mg–two of the biggest digital assets of Tata group–are choosing debt over equity for expansion in a critical year for them. As Tata Sons hits a pause on funding its ecommerce business, the two platforms are opting for debt for capex this financial year.
MMA fighter's marriage proposal gets rejected by girlfriend before 20,000 fans after losing a match
It was a rather sad moment for MMA fighter Lukas Bukovaz who lost two very important things in a single night. For starters, he lost a crucial bout against Jan Michalek and then got rejected by his girlfriend when he proposed her for marriage in the same night.
Discounting wars in quick commerce; tax relief for ecommerce suppliers
The recent funding raised by Zepto may trigger a discounting war in the quick commerce space. This and more in today’s ETtech Morning Dispatch.
More worries for China, sales at big e-commerce festival drop for first time
This year the shopping festival failed to stir up much excitement among shoppers, industry experts said, even as major platforms extended offers to a weeks-long period to woo consumers who have been tightening their belts amid a gloomy economic outlook.
Amazon announces expansion of its grocery service unit to over 130 cities
Amazon India announced on Tuesday that it is expanding Amazon Fresh, its comprehensive grocery service. This service includes both wet and dry groceries such as fruits, vegetables, chilled products, and a range of personal care items.
Father's Day Deals: Best discounts and freebies at restaurants like Applebee's, Krispy Kreme, Denny's and KFC
Father's Day, observed on the third Sunday in June, is a special occasion to honor the 72 million fathers across the U.S. Initially overshadowed by Mother's Day, Father's Day became an official holiday in 1972 under President Richard Nixon.
Amazon Sale 2024 - Smartwatches and watches under 499 for men, women, and kids
Watches are timeless fashion accessories that can easily elevate your whole look. Evolution throughout the past decades has made them even more stylish, functional, and minimalistic. Amazon has slashed the prices of some of the best-selling smartwatches and watches and is providing massive deals on trending brands. So grab your phone because it is time to make the most out of this Amazon Sale.
Use this adversity to buy high quality companies at discounts: Nilesh Shah
Well, what looks to essentially be the go-to market strategy, if I may use those words, would essentially to look at the defensives. Sectors which have had an extended period of underperformance, which is FMCG, rural plays, IT, pharma, these will emerge to be the risk off trades or will emerge to be the defensive plays and it is quite possible that you will see some kind of recalibration, tweaking of allocations, sectoral allocations and it is quite possible that you will see some money move from the favoured lot to basically this lot.
Father’s Day 2024: Here's a list of best deals and gifts to surprise your dad
Searching for a perfect Father's Day gift can be tough, especially since dads often say they don't need anything. Despite this, it's great to have a list of the best presents ready this Father’s Day.
As retail sales growth slow, retailers to cut deep discounts to drive profits
Retailers like Aditya Birla Fashion and Retail, Arvind, and V-Mart are avoiding deep discounts to boost profits. Madura Fashion reduced discounts by 500 basis points in the previous fiscal year to drive profitable growth. Madura Fashion manages brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England
M1xchange surpasses Rs 1,00,000 crore in invoice discounting throughput
M1xchange, an online invoice discounting and factoring solutions provider, has exceeded Rs 1,00,000 crore in throughput value. The platform's Small-to-Small (S2S) financing initiative is bridging the credit gap for tier 2 and tier 3 MSMEs, integrating them into the formal credit ecosystem. With a consistent 100% year-on-year growth, M1xchange discounted invoices worth INR 43,000 crores in FY24. The company aims to boost MSME growth by providing competitive interest rates, prompt disbursals, and streamlined processes. They have also signed MoUs with state governments to offer liquidity to local MSMEs.
India Inc nudges Delhiites to brave the heat and vote in sixth phase of Lok Sabha polls
Electric ride-sharing company BluSmart is offering a one-time 50% discount to voters, including the youth and first-time voters, going to cast their votes in Delhi-NCR, provided the polling station is within 30 kilometres. "This offer can be availed on BluSmart rides to and from the polling station from 6 am to 7 pm tomorrow on polling day," a company spokesperson said.
iPhone 14 vs iPhone 14 Plus on sale: Which Apple smartphone should you buy at Flipkart’s discounted price?
Flipkart is offering the iPhone 14 and iPhone 14 Plus at the same surprising price of Rs 58,999, which is a significant discount from Apple's official prices. Normally, the iPhone 14 sells for Rs 69,900 and the iPhone 14 Plus for Rs 79,900. This limited-time offer presents a great opportunity for buyers. The iPhone 14 features a 6.1-inch screen, while the iPhone 14 Plus has a larger 6.7-inch display.
Amazon TV Sale - Save Up to 40% on your next TV upgrade!
Take advantage of the incredible savings on TVs that you can't afford to miss by taking advantage of Amazon's TV Sale. Get up to 60% savings on the newest models from leading manufacturers like Sony, Samsung, LG, and Philips! Don't miss out and start saving today—Amazon's TV Sale has something for everyone, regardless of what they like to watch.
Walmart Q1 Results: Co reports profits of $5.10 billion driven by consumers seeking bargains
Walmart Inc. reported another quarter of strong quarterly results Thursday as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
Phone companies press the crackdown button on deep online discounts
After complaints from retailer associations, brands including Xiaomi and Realme are repurchasing stocks selling at lower prices to trace back the retailer and distributor and penalise them, according to correspondence between the two parties ET has seen.
How India and Bharat shop for goods online: A look into the carts
Online shopping trend expands beyond metros due to growing digital literacy and internet connectivity. PwC report identifies key differences in preferences of online shoppers in big cities and small towns. Urban dwellers prioritize prompt delivery services for instant gratification at a premium price in urban areas.
Share of e-commerce in total retail market to reach 13-15% by 2028: Report
Growth in active users for top online retailers in India slowed down significantly in 2023, indicating a shift back to brick-and-mortar stores. The growth rate of 10% was the lowest in five years, compared to 22-55% growth in previous years. The slowdown is attributed to consumers partially switching back to offline shopping.
Reliance launches eye-popping discount schemes ahead of 75th Republic Day
Reliance Digital has launched the Digital India Sale with the best deals on popular electronics, which is available in Reliance Digital and MyJio stores as well as on reliancedigital.in The customers can avail discounts of up to Rs 26,000 on using cards of different leading banks. The sale is on till January 28 with exciting offers on electronics including TVs, refrigerators, laptops, washing machines, and more.
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