Over 70% of the customers have Amazon prime membership.
According to data from Consumer Intelligence Research Partners (CIRP) Amazon Prime's membership plateaued at around 170 million in the US over the past year, breaking a decade-long trend of growth.
Amazon disputed this research but these numbers shows the importance of Amazon Prime Membership. Over 70% of the customers have Amazon prime membership.
In 2021, Amazon announced that Amazon surpassed 200 million Prime members worldwide.
Delhivery, a key player in India's e-commerce logistics sector, is showing signs of a maturing market as its once explosive growth begins to stabilize.
The share prices of online dating giants Match Group and Bumble have experienced significant declines in recent times, raising concerns among investors and analysts
D-Mart opened 41 new stores in FY24, consistent with the trend of adding 40-45 stores annually in previous years
Bumble shares fall 30% after its annual revenue forecast cut
Download the 2024 Diwali Food Delivery and Eating Out report to understand how Indians approach dining options during the festivities.
Sales for the first week of the festive crossed ~₹54,500 crore, nearly 55% of total sales during the festive period
According to estimates from Datum, online shoppers are expected to spend ~₹100,000 Crore throughout the festive season in 2024, with 8% share for quick commerce.
