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ECommerce
E-commerce entities may face heavy penalty for posting fake reviews
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Twitter
Shopping on Twitter can bring 'individual or societal harm' to users
IANS -
According to an internal company memo, obtained by The Verge, several elements of Twitter's e-commerce tool are categorised as "high" under "risk assessment". "One high-risk concern is that merchant-generated fields like shop names and descriptions could be used by bad actors in harmful ways," read the memo.
Shopify-users
Shopify partners YouTube to help merchants reach 2 bn users
IANS -
YouTube Shopping allows Shopify merchants to sell their full range of products in three ways -- live streams, videos, and store tab. "Commerce today is multichannel, and YouTube is one of the most influential channels on the planet," said Kaz Nejatian, VP of Product at Shopify. "Shopify's new YouTube integration will fundamentally change what opportunity looks like for independent brands in the creator economy," Nejatian added.
Amazon-Office
Amazon paid workers to tweet great things about it: Report
IANS -
Employees at the retailer's warehouses were paid to share positive impressions about the company and to deny widely-reported workplace failings, the report mentioned. As per internal documents shared by The Intercept in 2021, the scheme was launched in 2018 in response to waves of criticism of the company's safety standards and working conditions.
udaan
udaan logs 95% growth in its food & FMCG business
IANS -
Fuelled by the 'Mega Bharat Sale' for kirana shops and small retailers across the country, the FMCG business witnessed a growth (on-year) of over 115 per cent with major demands coming from small-town India, the company said in a statement. To cater to the growing demand, udaan plans to scale its warehouse capacity to 50 million square feet across the country in the next 7-8 years.
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Roposo
Roposo-owner Glance to acquire ecommerce platform Shop101
IANS -
Shop101, founded by Abhinav Jain, Aditya Gupta and Kalpak Chhajed in 2015, is a full stack e-commerce company that brings a network of 10 million resellers and 10,000 supplier partners together, serving customers across over 2,000 towns across the country.
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