Feb 22, 2019 - Where Is Global E-Commerce Going? Here Are Five Takeaways From The Experts

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The real reason why diversity is good for business- and why we don't see enough
We keep hearing that diversity is a good thing at the workplace. Beyond the fact that it "is the right thing to do", which it is; there is also a strong business reason for it. This is explained by Katherine Phillips (professor at Columbia University), who has been studying organizational and leadership behaviour for nearly two decades. "I bring people into a room, and I videotape their discussions so that I can understand exactly who's saying what and to whom. And what I've discovered is that when you have a group that has some social diversity present - everyone knows that there are some differences between the individuals in the room - they are more likely to share their information, that unique information that's in their heads. They are more likely to utilize that information, and they're more likely to get the right answer than the homogeneous groups - the groups where everyone in the room thinks that they're the same, they're from the same social group. Now one of the things that was really striking about that research is that when you ask people, after they have gone through this group discussion and they've made their decision about what they think the right answer is, the homogeneous groups consistently say that they were more effective. That they are more confident that they have the right answer, despite the fact that the objective data tells us the complete opposite - that the diverse groups performed more effectively. So I know that there's potential for diversity to be beneficial, but people don't see it."

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Tata Industries Infuses ₹ 92.7 Cr In The Parent Of Tata CliQ Online Stores
Tata Industries Infuses ₹ 92.7 Cr In The Parent Of Tata CliQ Online Stores
Tata Unistore Limited, the company that operates Tata CliQ online stores has raised ₹92.7 crore, which came in June in two tranches ₹40.5 cr. and ₹52.2 cr.



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Flipkart hires Unilever’s Vikas Gupta to head marketing
Flipkart hires Unilever’s Vikas Gupta to head marketing
Flipkart was acquired by the worlds biggest retailer Walmart Inc for more than $16 billion in May last year, valuing it at $22 billion.


With launch of Pune store, swimwear brand Speedo now has 28 stores across India
With launch of Pune store, swimwear brand Speedo now has 28 stores across India
The brand is committed to providing the best products to the ever-growing swim fitness community.


K-pop fans a growing tribe in India — they hold concerts, do charity, run stores
K-pop fans a growing tribe in India — they hold concerts, do charity, run stores
For those unaware, there is a whole world of Korean pop and Korean drama fans who go far beyond what regular admirers do for their idols.


“We Plan to add 100 brands to the MensXP Shop over the next six months”: Angad Bhatia
“We Plan to add 100 brands to the MensXP Shop over the next six months”: Angad Bhatia
Soon we will launch shop on MensXP app, which already has over 200K downloads. This will be a huge boost for our commerce ambitions.


Go organic and chemical-free with these beauty brands
Go organic and chemical-free with these beauty brands
Organic is the way forward as beauty care goes back to old remedies, and these entrepreneurs and their companies are offering natural products that have many takers.


Big FMCG firms move to protect turf as competition from start-ups hots up
Big FMCG firms move to protect turf as competition from start-ups hots up
Firms move to protect turf as competition from unconventional rivals intensifies


ITC jumps on healthy snacks bandwagon
ITC jumps on healthy snacks bandwagon
The health snacks sub-segment is estimated to be around 2% of the overall snacks market.


6 furniture-store chains that aren't around anymore
6 furniture-store chains that aren't around anymore
The furniture business can be tough. Changing tastes and economic downturns can prove toxic to unlucky furniture retailers. From Levitz Furniture to Heilig-Meyers,


How an in-house e-commerce platform has revolutionised government procurement
How an in-house e-commerce platform has revolutionised government procurement
Rolled out in 2016, GeM is a platform to make govt procurement cashless, contact-less and paperless.


India's Bubble Tea Brand to Expand its Business Nationally
India's Bubble Tea Brand to Expand its Business Nationally
The global bubble tea market is projected to reach $3.21 billion by 2023, growing at a CAGR of 7.40% for the period of 2017 to 2023, aided by co..


Top 5 payment gateways that offer secure online payments
Top 5 payment gateways that offer secure online payments
From money transfer to making payments through mobile or doing a foreign currency transfer, these payment gateways are enabling safe and secure transactions across businesses.


Funding Galore: Indian Startup Funding Of The Week [15-20 July]
Funding Galore: Indian Startup Funding Of The Week [15-20 July]
In total, this week, 11 startups raised $136.5Mn funding and three startup acquisitions took place in the Indian startup ecosystem.


IKEA forays into e-commerce industry, set to launch online delivery in Mumbai
IKEA forays into e-commerce industry, set to launch online delivery in Mumbai
IKEA, a Swedish furniture retailer, is all set to launch its online delivery in Mumbai before opening a physical store.


How Technology is Revolutionising the Online Furniture Market in India
How Technology is Revolutionising the Online Furniture Market in India
Today, we have market leaders persuading customers toward online furniture spaces where they offer comfortable, functional, and attractive items at jaw-dropping prices


Gamification in the era of ecommerce
Gamification in the era of ecommerce
The much-publicised 'sales' on various online platforms offer a novel approach to retain fickle customers


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