A recent joint study undertaken by Forrester and ASSOCHAM, predicted that Indian e-commerce revenue will grow by 350 percent in the current festive season for a variety of products like mobile phones, e-tablets, consumer electronics, home appliances, home decor, furnishings, apparel and ornaments.
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New York based online retailer Fab.com has acquired Pune based technology company, True Sparrow Systems for an undisclosed amount and is described as a cash and stock deal by the Economic times.
BRIC Nations to lead in retail by 2022, Mobile Commerce will become the mainstream shopping – Economist Intelligence UnitLeave a Reply
By 2022, the emerging countries of China, India, Russia and Brazil will become four of the six largest retail markets in the world, states the new report generated by the Economist Intelligence Unit.