Tag: e-commerce platforms

Lava, Qubo competing neck and neck with their global peers: Techarc
Technology

Lava, Qubo competing neck and neck with their global peers: Techarc

[ad_1] Domestic smart electronics companies like Lava and Qubo are getting high ratings and are competing neck and neck with their global peers in terms of brand acceptance, market analysis firm Techarc said on Sunday. The firm conducted a study based on ratings received by 25 brands across 35 different product categories on e-commerce platforms Amazon and Flipkart in December."In our analysis, we found that of the global counterparts of Lava including brands like Realme and Redmi, the average weighted rating of consumers on ecommerce platforms was 4.3. Against this Lava scored 4.2 which is just touching the industry benchmark," the report said. Techarc said that Lava scored a higher proportion of high ratings (4 and 5) at 90.2 per cent compared to the global brands which had 75.8 per c...
Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree
Technology

Deal-hunters on track to spend record $12 billion in US Cyber Monday shopping spree

[ad_1] Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights.The estimate projects U.S. shoppers will spend $12 billion-$12.4 billion on Cyber Monday, the biggest U.S. online shopping day. A significant portion of this spending, around $4 billion, is expected to occur between 6 p.m. and 11 p.m. EST, particularly from last-minute shoppers, it said. At the top end, this would represent an 9.7% increase compared to the $11.3 billion spent on Cyber Monday last year. We are now on WhatsApp. Click to joinRetailers have been coaxing inflation-weary U.S. shoppers to open their wallets on Cyber Monday with push...