India ranks second globally in AI-powered shopping, 76% consumers use AI tools: McKinsey
A McKinsey report finds that 76% of Indian consumers use AI tools for shopping, ranking India second globally in AI-powered commerce.
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A McKinsey report finds that 76% of Indian consumers use AI tools for shopping, ranking India second globally in AI-powered commerce.
Nasscom is seeking a delay in the implementation of new GST rules for e-commerce delivery services until 2027.
Meesho CEO Vidit Aatrey announced the company will avoid platform fees, opting instead to use AI agents to reduce software engineering and delivery costs.
Indian ecommerce platform Meesho cut net losses by 68% while growing revenue 34% YoY in Q2 FY27, reaching 284 million annual transacting users.
Meesho's quarterly loss has narrowed as the Bengaluru e-commerce platform scales operations in smaller Indian cities and works to improve seller revenue and delivery efficiency.
Indian e-commerce platform Meesho reports 75% year-over-year order growth during its flagship Mega Blockbuster Sale, signaling strong Q3 momentum.
Online astrology platform Astrotalk reported a 895% surge in consolidated net profit to ₹222 Cr in FY26, with operating revenue rising 55% to ₹1,823 Cr, driven by international expansion and e-commerce growth.
A credit card skimming group compromised an analytics script used by e-commerce platform Convertr to steal customer payment data during checkout.
E-commerce platforms including TheRealReal are restricting third-party AI shopping agents from accessing their services.
Indian e-commerce sellers face rising operational costs this festive season through new penalty structures and surcharges on platforms like Flipkart, despite commission reductions.
India's festive season e-commerce sales reached $7-8 billion in early October, but card spending fell 12-15% year-over-year as consumers become more cautious amid rising expenses and uncertain economic conditions.
Walmart announced Agent Profiles, allowing AI agents to shop autonomously on Walmart.com and Sam's Club with individual spending limits and purchase histories.
Loomerang, an ex-Amazon founder marketplace for independent artist-designed apparel, has scaled to 40 artists across 15 countries including India expansion since launching in June 2024.
BlueStone reported a Rs 4.4 crore loss in Q2 FY27 despite operating revenue rising 45% year-on-year to Rs 745 crore.
AI shopping agents are being positioned as labor-saving personal assistants, but retailers express caution about their practical limitations and accuracy.
Away.ai is reshaping travel discovery and booking by shifting from destination-based search to preference-led, intent-focused AI experiences that narrow travel options based on user preferences and budget.
Walmart embraces AI agents for shopping transactions while Amazon blocks them, offering spending controls and approval mechanisms for automated purchases.
India's Central Consumer Protection Authority delisted 3,940 sellers of explosives from seven e-commerce platforms including IndiaMART and Justdial for lacking required licences.