Festive Season Will Generate ~₹81,000 Crore In Online Sales
According to estimates from Datum, online shoppers are expected to spend ~₹81,000 Crore throughout the festive season in 2023, with 60% coming in the first week.
Datum Intelligence
Birkenstock's Next Step: From Sandals to the Stock Market
On 13th September, Birkenstock filed for IPO . The IPO is anticipated to have a $8 billion valuation. In 2022, Birkenstock recorded revenue of around $1.3 billion, an 18% increase from the previous year.
Cleverly Crafting Packaging
The visual appeal of your product images can contribute significantly to your success, accounting for as much as 40% of the overall impact
Payment Soundbox Opportunity In India
At Datum we estimate this opportunity to be around 45 Million out of which around 11.4 million are already deployed by Paytm, PhonePe and BharatPe.
Sweet and Savoury Market to Reach $25 billion by 2026
In a significant development in the Indian food industry, the Tata Group is in advanced talks to acquire a controlling stake in Haldiram's. The market for Indian Savoury and Sweets is estimated to be $17.5 bn in 2022.
State of Quick Commerce, Q2 2023
The largest segment of India's $800 billion retail business is food. Here are some statistics pertaining to Quick Commerce in India in Q2 2023.
Festive Sales 2023 - eCommerce
The online retail market was $52 billion in 2022, which implies that 17% of the year's sales ($9 billion) happened in a single month.
Time for Personalisation in Retail is Now
The future of personalized discounting is bright, as more and more retailers are realizing the benefits of this approach
Consumer Confidence Survey, May 2023
The latest round of the survey was conducted during May 2-11, 2023, covering 6,089 respondents. Female respondents accounted for 52.3 per cent of this sample.
Jordan to be the 2nd-largest footwear brand in North America
With a gain of 35%, Jordan Brand is now by far Nike's fastest-growing division.
Annual transacting user growth for Nykaa
Nykaa's annual transactional customers in the beauty and personal care category increased by 24% in FY23.
Zomato continues to increase market share in food delivery
One of the key factors contributing to Zomato's increased market share is its aggressive expansion strategy.
Decline in average monthly transacting customers for Zomato
For Zomato average monthly transacting users also fell from 17.4 million to 16.6 million in Q4 FY2023.
The meal delivery industry is experiencing slower growth
Gross order value is declining in the Indian food delivery sector
The meal delivery industry is experiencing slower growth
Zomato and Swiggy are witnessing a slow down in growth