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New Apple fake: sent from my iPhone
There seems to be no limit to Apple-related knock-offs in China. Last year, a fake Apple store in the southwestern Chinese city of Kunming made waves, and fake iPhones and iPads are easily found all...
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EM e-commerce: growing unequally
As more and more of the world gets internet access, it’s tempting to measure progress in emerging economies by the number of people online. Is there a better or more revealing way of measuring relative...
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India: shop while you sit
When it comes to internet users, India is growing fast. While the number of internet users globally rose 7 per cent last year, the figure was 41 per cent in India. And this is creating some interesting...
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Russia online retail ‘to hit $25bn’
The online retail revolution that has sent Blockbuster, HMV and Comet to the wall in the UK is nowhere near as pronounced in Russia where digital shoppers account for only 2 per cent of total retail...
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India: internet retailer breaks through delivery barriers
As beyondbrics reported last week, India’s online user base is now the third largest in the world. Yet, shopping websites haven’t taken off quite as fast as other internet services. India’s rotten...
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eBay teams up with India’s Snapdeal
The king of online marketplaces is teaming up with local players as it looks to make headway in India’s unique and growing market. On Tuesday, eBay said it was going into a commercial partnership with...
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Russian fashion start-up gets tycoon backing
It’s curious to see where the three Soviet-born tycoons who sold their 50 per stake in TNK-BP to Rosneft this year will invest the proceeds of the deal. While some are tempted to stick to oil, Leonard...
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Diwali: more online shopping, less noise
Tech worship For the last week, the streets of Mumbai have been lit up – by brightly coloured posters loudly announcing Diwali sales and by spectacular fireworks that left the dogs howling. It seemed...
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Corporate Watch: arranging marriages on Shaadi.com
Being recognised by Bollywood is often the ultimate accolade for anything in India – an issue, a person, a business. But the folks at India’s number one matrimonial website seem admirably unfazed by...
View ArticleLatest numbers on India’s fakes – are they for real?
From flash ‘Guchi’ trainers to fashionable ‘Caiwen Kelai’ boxers, Mumbai’s popular Chor Bazaar (meaning “thieves’ market”) can fulfil all your luxury desires. Often for less than Rs100 ($1.62) a pop....
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Online retail in India: learning to evolve
Last year, eBay began a partnership with Snapdeal, an Indian online marketplace, investing an undisclosed sum. Now it has said it will lead a funding round of over $133m in the company. It is part of a...
View ArticleWomen drive Snapdeal’s boom in Indian e-commerce
India’s Snapdeal, an online marketplace akin to EBay, is powering ahead, with sales growing five-fold between 2012 and 2013. But what is unusual is that it in a male-dominated society in which men hold...
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Russian consumers want to shop online but pay cash
Russia’s shoppers are buying more goods online than ever before. E-retail sales have grown at a rate of around 26 per cent a year and 57 per cent of non-grocery retail spending is now made online....
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EM consumer: differentiation not generalisation
Clouds hang over Russia and challenges abound in Latin America and South Africa, but emerging market (EM) consumers remain robust in Asia and are voracious almost everywhere when it comes to buying...
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