Online news

 

03 May 2022
Amazon's net sales increased by 7% year-on-year (YoY) to $116.4bn and operating income decreased (59)% to $3.7bn for the first quarter (ended March 31). International business in decline Sales from Amazon’s international segment declined (6)% YoY, compared to North America which grew 8% YoY. Both the International and North American segments delivered an operating loss of ($1.6)bn and ($1...
29 April 2022
Publix has become the first US grocery retailer to partner with Instacart to use the company’s new nano-fulfillment solution, Carrot Warehouses. 15-minute delivery The on-demand delivery company, Instacart, repositioned itself earlier this year as a retail enablement company. This saw the launch of the Instacart platform , which includes what it describes as a "nano-fulfillment solutio...
26 April 2022
Dada’s autonomous delivery open platform helps offline stores improve efficiency and reduce costs of delivery at the 415 Intra-City Shopping Festival in China. A smart delivery solution empowers quick commerce Dada Group, a leading platform for local on-demand retail and delivery in China, partnered with JD.com, China's leading one-stop ecommerce platform, to organize the 415 Intra-City S...
25 April 2022
Amazon has launched a $1bn venture investment programme, Amazon Industrial Innovation Fund. Amazon also announced a new service, Buy with Prime, that will enable Prime shopping on online stores outside of Amazon.com. Improvement of employee experience Amazon will use the new fund to invest in companies developing customer fulfilment, logistics and supply chain. The first round of investm...
25 April 2022
A round up of the latest developments in quick commerce. Operators are focusing on value with Gorillas price matching Sainsbury’s Local in the UK and DoorDash launching a discounted membership scheme for students. Gopuff also names a former Amazon executive as senior vice president of its North American business. Gorillas price matches Sainsbury’s Local In a crowded sector, shoppers will...
20 April 2022
Flipkart, Lazada and Tmall, leading ecommerce operators from across the region, are launching new customer-facing initiatives that tap into the desire to make better choices for people and the planet. Tmall introduces carbon emission product labelling Alibaba’s online marketplace Tmall is launching new product labelling to help shoppers understand environmental impact when making shopping w...
11 April 2022
With smartphone penetration set to increase to 1bn by 2026, “super apps” are a hot topic in India. Tata, parent company of online grocery leader BigBasket, is the latest to launch in the market. Seamless, single-platform shopping and more The Tata Neu “super app” launched 7 th April 2022, experiencing half a million downloads in its first day.   The “super app” unites a wide range of ...
08 April 2022
As Uber Eats partners with bp in a global retail partnership and quick commerce pure play Getir raises another $768m, I round up the latest developments within quick commerce. bp and Uber sign global strategic partnership bp and Uber have signed a new global strategic convenience partnership. Together they plan to make more than 3,000 retail locations available on Uber Eats by 2025. The ...
05 April 2022
Alibaba has launched a 10-Yuan online discount store that targets China's bargain hunters who are seeking daily necessities. Great deal for low-income customers On 25 March 2022, Alibaba launched the first 10-Yuan discount store on its online marketplace Taobao Deals. Each product is only priced at RMB 10 (USD 1.57), which is relatively affordable to most shoppers in China’s lower-tier citi...
04 April 2022
As Casino sets out to convert 20 hypermarkets in France, partners with Just Eat in the country and launch in The Sandbox, we look at five developments from the retailer. Casino to convert 20 hypermarkets into supermarkets Local trade publication LSA has reported Casino plans to convert 20 of its remaining 81 Géant hypermarkets into Casino supermarkets. If completed, the change will mean Cas...