E-Commerce News

Companies

Zepto’s ad revenue, loyalty programme rev up growth as quick commerce booms

Working on operational efficiencies and steadily expanding categories helped Zepto to improve margins, its chief executive told Mint

4 min read21 Jun 2024
Companies

Zepto bags year’s highest fundraise with $665-mn pre-IPO round; valuation doubles

The quick-commerce company will use the capital raised in the latest fundraise to expand its dark stores and fuel new initiatives such as its loyalty programme and Zepto CafeZepto’s valuation has nearly doubled to $3.6 billion in just nine months

4 min read21 Jun 2024
Markets

Jefferies projects Nykaa’s CAGR at 20% between FY24 and FY27; sees 28% upside in stock in base case

Jefferies projects Nykaa’s CAGR at 20% between FY24 and FY27, with potential growth of up to 25% in the bull case scenario. Stock performance has been mixed in 2024 YTD, with significant growth reported in Nykaa’s BPC, fashion, and ’others’ segments in FY24.

4 min read20 Jun 2024
Companies

Zepto plans bigger dark stores to fulfill quick-commerce orders

Zepto is said to have received fundraise commitments upwards of $1 billion indicating rising investor interest in the quick-commerce sector

4 min read17 Jun 2024
Companies

Can Nykaa’s house-of-brands strategy be its next growth driver?

Nykaa is investing a lot of effort and capital into growing its house of brands. Key metrics, however, show a challenging roadmap.

4 min read12 Jun 2024
News

Temu’s Parent PDD Trades Near Cheapest Level Ever as Geopolitical Risks Bite

Shares of Temu parent PDD Holdings Inc. are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.

2 min read28 May 2024
News

Alibaba Is Said to Price $4.5 Billion Convertible Bond Sale

Alibaba Group Holding Ltd. has raised $4.5 billion from a convertible bond sale, in one of the largest such offerings in recent years, according to people familiar with the matter.

2 min read24 May 2024
Companies

Nykaa sees a bright spot in beauty bet, in GCC

Nykaa ventured into the Gulf Cooperation Council region last year through a partnership with UAE’s Apparel Group

2 min read23 May 2024
Companies

FSN E-Commerce Ventures Q4 Results Live : profit rise by 187.47% YOY

FSN E-Commerce Ventures Q4 Results Live : Revenue increased by 28.14% YoY & profit increased by 187.47% YoY

1 min read23 May 2024
Companies

Nykaa’s Q4 net profit jumps to ₹9.07 cr

The Falguni Nayar-led firm posted a net profit of ₹9.07 crore in Q4, up around 300% compared to a year ago

2 min read22 May 2024
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