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Snapdeal launches “Shopo”, a mobile based marketplace

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New Delhi, (IANS): Aiming to help small businesses find their customers, e-commerce portal Snapdeal on Wednesday launched “Shopo”, a mobile-based marketplace.

“It is an app platform. It is targeted at small sellers, artisans, individual sellers, and home entrepreneurs. It is a zero commission mobile marketplace with easy registration process and seamless listing where sellers and buyers can chat to buy and sell,” said Snapdeal co-founder and CEO Kunal Bahl.

“It is an open marketplace showcasing various product collections and categories. We target one million shops online in the next one year. It is currently available on iOS and Android,” he added.

Bahl said the company witnessed 30,000 product listings from 4,500 shop-owners in the new platform in the last 30 days.

Snapdeal at present has 150,000 sellers from 500 cities, out of which 30 percent sellers are women. It has an assortment of 12 million products. Around 70-75 percent of its orders are made through mobile.

Saying that the mobile is one of the key drivers fueling the growth of e-commerce in the country, Bahl added: “Currently less than 0.1 percent of the small and medium business (SMB) in India have online presence and Shopo is trying to address this opportunity by creating a platform which is very easy and convenient for the shop owners to set up their shop.”

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Con man in Delhi Duped Amazon for over Rs. 50 Lakh; Arrested by Delhi Police for Fraud

Shivam, a resident of north-west Delhi’s Tri Nagar, holds a degree in hotel management. However, he chose to use all his management skills to con the commercial giant, Amazon

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Amazon logo. Wikimedia

New Delhi, October 11, 2017 : Leading e-commerce portal Amazon was taken for a ride by a 21-year-old youth who is said to have duped the company for over 50 lakh.

As per the police, the accused, identified as Shivam Chopra, bought over 166 expensive mobile phones via the online e-commerce store Amazon and consequently demanded refunds claiming he had received an empty box.

Shivam, a resident of north-west Delhi’s Tri Nagar, holds a degree in hotel management. However, he chose to use all his management skills to con the commercial giant, Amazon.

A complaint registered this year on behalf of Amazon Seller Services Private Limited first raised eyebrows in June when it was revealed that refunds had been claimed for as many as 166 mobile phones that had been ordered between April and May, on the claims that the delivery packages were empty. Suspicion gathered momentum when it was further revealed that payments for all these 166 mobiles were made through gift cards.

Allegedly, Shivam would use different customer accounts (reports suggest he used 48 different accounts) to place orders of expensive phones on Amazon and would provide the portal with a false address. He would then speak with the delivery associate and collect his order at a mutually decided place within the locality. Consequently, Shivam would then place complaints with Amazon, claiming that he had received an empty package and would demand a refund.

Subsequently, refunds were initiated in the form on gift cards.

ALSO READ Indian-origin Magician charged with multiple counts of helping others to fraudulently obtain money in Singapore

Following an enquiry, a case was registered with the Delhi Police in August.

The accused was then identified with the help of Amazon’s delivery persons, and the locals and by tracing the multiple numbers that were used to place the orders and Shivam was arrested on October 6.

According to the police, Shivam allegedly also purchased 150 pre-activated SIM cards to place the orders from different numbers. His accomplice in the con, Sachin Jain, has also been arrested, who helped provide him the SIM cards.

As per a report by PTI, upon investigation, the Delhi Police recovered 19 mobile phones from Shivam’s house. It was revealed that he had sold all other devices to buyers in the notorious Gaffar Market, or on the online marketplace OLX. The police also recovered Rs 12 lakh in cash, 40 bank passbooks and cheques from his house.

An Amazon India spokesperson later thanks ed the Delhi police for their services in an official statement and added, “We continue to work closely with the Delhi Police and thank them for all their efforts in the investigation.”

An ordinary guy who duped an e-commerce website and claimed refunds running into lakhs of rupees – the case is not a first of its kind. Previously, con-men had been arrested for duping rival e-commerce website FlipKart. However, what is peculiar is how no action has been taken to keep such frauds at bay and these cases continue to suffer.

 

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Indian Companies Patanjali, Reliance Jio Among The Top 10 Influential Brands in India

Patanjali bagged the fourth position while and Mukesh Ambani’s controlled Reliance Jio has bagged the ninth position

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Bhai Sunder Panchal with Baba Ramde. Wikimedia

July 15, 2017: According to a study by the global research firm Ipsos, Yoga guru Baba Ramdev promoted Patanjali Ayurveda was featured among the top 10 most influential brand in India coupled with Samsung and new player Reliance Jio. Google tops the list followed by Microsoft and Facebook, ranked at number two and three respectively.

Patanjali bagged the fourth position while Mukesh Ambani’s controlled Reliance Jio has bagged the ninth position, as mentioned in the reports of the most influential brands by Ipsos. The entry of both the Indian firms is certainly grand as they did not appear in the previous editions of the study.

The Ipsos study evaluates over 100 brands across 21 countries and covered more than 1,000 Indians online to assess over 100 brands. The study also included 36,600 interviews.

The study included the biggest, most popular and highest spending brands.

Also Read: Patanjali targets will reach 1 Lakh Crore Production by 2020, says Yoga guru turned businessman Baba Ramdev 

 Ipsos Public Affairs and Loyalty Executive Director Parijat Chakraborty said, “The Most Influential Brands are larger than life. They enhance our lives, make it better. We connect with them emotionally and cannot imagine our lives without them — they are influential.”

State Bank of India (SBI) being the only financial institution that made the list, scaled up four ranks to take the fifth position.

E-commerce player Flipkart fell three steps below to take the tenth place whereas Amazon climbed several steps higher to take the sixth place, the study stated. Apart from that, Samsung was ranked 7th while Airtel took the 8th position in the list.

Interestingly, all brands that have featured in the list are those that consumer engages with on a daily basis, the study said as reported by PTI.

Brands like Snapdeal, Apple, Dettol, Cadbury, SONY, HDFC Bank, Maruti Suzuki, Good day and Amul bagged the place in the list from 11 to 20.

The brands were rated by the consumers on quality, experience and value. Other noteworthy factors include big marketing spend and consciously work towards increasing their brand equity.

-Prepared by Staff Writer at Newsgram.

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Cambodia’s Postal Service to launch an Online Shopping platform to tap current rise in e-commerce Activity

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Online Shopping (representational Image), Wikimedia

Phnom Penh, Jan 4, 2017: The state-owned Cambodia Post will launch an online shopping platform in March in a move to tap the current rise in e-commerce activity, a media report said on Thursday.

Ork Bora, director-general of the Cambodia Post, said that after a year of studying e-commerce, the enterprise decided to launch the platform to allow all business owners to sell their products with the postal service.

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Bora said that the enterprise had already served as an agent for China’s biggest online shopping company Alibaba and has delivered their products to customers in Cambodia for four months, Xinhua news agency reported.

“We plan to launch in the first quarter of the year, maybe in March. I have been conducting a study and working on online shopping for about a year, so now we decided to launch an online shopping platform,” Bora was quoted as saying.

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“You see that online shopping is getting popular among our people now. If you look at the number of internet users with the Telecom Regulator of Cambodia, there were some seven million,” he said.

He said that currently the Cambodia Post has a nationwide delivery and transport service, so an online shopping platform would be convenient for both sellers and customers. (IANS)