e-commerce platform Current Affairs, GK & News

Shopsy: Flipkart’s New App for Online Business

Flipkart has launched its new app called ‘Shopsy’ for online business. About Shopsy App This app was launched to app to help individuals start online businesses without any investment. It also deepens e-commerce penetration across non-metros. Once the users will register on this app, they will be able to share catalogues of 15 crore products ..

Month: 

Category: 

Topics: 

Police Use of Facial Recognition banned by Amazon

On June 11, 2020, the E-Commerce giant Amazon banned the use of its software “Rekognition” by the police. The software used to quickly compare a picture with the police data bases that holds hundreds of 1000s of photos. Why the ban? The facial recognition technology has been criticized over some time. This is mainly because, ..

Month: 

Category: 

Topics: 

GOI: Draft New Industrial Policy and National E-Commerce Policy to be released soon

On March 18, 2020 the Ministry of Commerce and Industry announced in the parliament that New Industrial Policy and National E-Commerce Policy are to be released soon. The policies are to be framed by the Department of Promotion of Industry and Internal Trade (DPIIT). New Industrial Policy Previously NIP was launched in 1991. Since then ..

Month: 

Category: 

Topics: 

Amazon to invest 1 billion USD in India; Create 1 million jobs

On January 17, 2020, one of the world’s largest retailer Amazon announced that it has planned to invest 1 billion USD in India and generate 1 million jobs. Globally Amazon has increased its employee base four times. Highlights The retailer has been constantly facing rage of the small and medium enterprises in India for its ..

Month: 

Category: 

Topics: 

CCI report on E-Commerce Market of India

On January 8, 2020, the Competition Commission of India (CCI) released its report on “Market Study on E-Commerce in India: Key Findings and Observations”. The market study for the report was initiated in April 2019 by CCI. According to the report, the number of internet users have increased from 445.96 million in 2017 to 665.31 ..

Month: 

Category: 

Topics: