63% Ecommerce Websites Breaking Consumer Rights

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The European Commission carried out a check across 697 ecommerce websites across the European Union and found that 63 percent of them had missing, unclear of incomprehensible information on the right of withdrawal from a transaction. One in three websites had incomplete or unclear details about the trader, while one in five failed to provide consumers with a clear display of price or contract conditions.

The European Commission organizes so called sweeps regularly, in order to verify how EU consumer rules are applied in practice. Last week, authorities swept 697 ecommerce websites across Europe, of which 436 were confirmed to have some irregularities. 

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E-tailers expected to spend over Rs 2,000 crore on Diwali ads

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Much like last year when they blitzkrieged their way into newspapers, television screens and radio, e-retailers are expected to spend more than Rs 2,000 crore on advertisements this festive season.

Already, ad campaigns have been unleashed across media platforms including digital channels such as YouTube. Data from MAP (TAM Adex) shows online players spent about Rs 500 crore in the first week of October on ad via traditional channels including TV, print and radio. 

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Ecommerce Smartphone Shopping Driving 70% Of Mobile eCommerce

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The mobile eCommerce wave has continued to grab top of mind — and top of consumer wallets — having made impressive inroads into the way people spend, as well as when and how.

Javelin Research said that its latest research shows that commerce on the go, so to speak, leapt 60 percent last year to hit $120 billion. And now, according to Javelin, shopping via smartphone generates $0.70 of every dollar spent in a mobile setting.

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Warehousing space demand to grow 8% annually in India

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Warehousing space demand in seven major cities in India is likely to grow 8 per cent annually to touch 839 million sq ft in the next 4 years driven mainly by manufacturing and e-commerce sectors, says a report. 

According to the report by property consultant Knight Frank India, the seven cities are National Capital Region, Mumbai, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad. 

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Ecommerce will become $300 billion market by 2025

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Small retailers must embrace technology and ecommerce alongside brick and mortar stores, Niti Aayog CEO Amitabh Kant said, while calling for more liberalization so that startups can benefit from foreign investment.

“Ecommerce in India is a $25 billion market right now… I can say with confidence it will become $300 billion by 2025,” Kant said at the India Economic Summit, organised by the World Economic Forum and the Confederation of Indian Industry. 

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Sales via Mobile Apps Overtakes Mobile Web

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Mcommerce sales are up 40% this year, according to new research from the e-tailing group, with mobile apps making up the majority of mcommerce transactions.

Mcommerce sales are up 40% this year, compared with 11% sales growth for ecommerce. And, for the first time, mobile apps now make up the majority of mcommerce transactions, reports the e-tailing group, which was recently acquired by Astound Commerce.


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