Amazon’s e-tailing business has reached $1 trillion marks recently that made it one of the most valuable companies in the world next to Apple.
Retailers, struggling to connect with their customers, have been trialing new technologies to blend in-store and digital experiences. Interactive kiosks, mobile-friendly websites and transactional apps have become the norm.
Since the start of the decade, revenue for the Online Retail & e-Commerce industry has grown at an exceptional rate, outperforming most brick and mortar retail industries. Now a new channel is emerging in the form of smart speakers.
The world’s largest retail company, Walmart announced the biggest deal to acquire a 77% stake in Indian retail flag bearer Flipkart, counted as a positive deal for online-offline retailers.