Ola mobility biz turns profitable, sets sights on industry leadership

Bengaluru: Ola on Thursday said it has appointed former Unilever executive Hemant Bakshi as the chief executive officer (CEO) for its mobility business, which turned Ebitda positive in fiscal year 2023 (FY23) for the first time, as it looks to focus on areas including ride-hailing and e-commerce services. A company with a positive Ebitda (earnings …

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Zara Black Friday Sale 2023: Up to 40% Off

Whether it’s grandma’s famous recipes or decorating the tree, there are so many reasons to look forward to the holiday season. Yet, the Zara Black Friday sale stands out as one of the most cherished gifts the holidays bestow upon us. Good news: we have the inside scoop, so you won’t be late to the …

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Netflix gears up to increase prices again, report claims

Netflix is planning to increase the cost of its ad-free tiers, a new report claims. The subscription rates are expected to go up a few months after the actors’ strike has been settled, according to sources who spoke to the Wall Street Journal. The higher rates will reportedly affect customers in the U.S. and Canada …

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Rise of social commerce: How e-commerce is embracing social media shopping in 2023

Image Source : PEXELS A person using social media Over the years, the amalgamation of e-commerce and social media has altered the manner in which consumers and companies participate in the retail sector, revolutionising our shopping habits and interactions. The ever-changing e-commerce platforms in India are progressively merging with major social media networks such as …

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ONDC Introduces Academy to Educate Vendors and Network Participants

The Government’s groundbreaking initiative called Open Network for Digital Commerce has joined forces with a subsidiary of the esteemed National Stock Exchange to unveil a cutting-edge academy. This revolutionary platform aims to equip sellers and network participants with valuable knowledge on how to successfully navigate the e-commerce landscape with ease. During its initial phase, the …

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AI Utilized by Amazon to Summarize Product Reviews

Amazon has integrated artificial intelligence (AI) into its platform to produce summaries of reviews for selected products. This feature was uncovered by Mark Wieczorek, the CTO of Fortress Brand, a New York City-based marketing agency. The purpose of this new feature is to make shopping more efficient for time-poor customers who don’t have the time …

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