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 infrastructure is usually blamed, with its traffic-blocked roads delaying delivery.
But one company has shown that the challenges can be overcome – at a price. Continue reading »
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 sales. But as increasing numbers of Russian consumers hook up to the internet, online sales are soaring and are expected to reach $25bn by 2014, according to McKinsey, the consulting company. Continue reading »
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 opportunities – not least for clothing retailers. Continue reading »
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 strengths? How about the internet economy as a proportion of GDP?
A report released on Monday by the Boston Consulting Group, The $4.2 Trillion Opportunity, does exactly that for the G20, and has a few surprising insights along the way. Continue reading »
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 over the place.
Now, the latest idea is to pay for a fake ‘sent from my iPhone’ tagline. Continue reading »
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