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  • Robots could soon replace humans to deliver your Amazon orders

    Amazon is actively developing humanoid robots designed to revolutionize package delivery, potentially replacing human workers. The company is testing these robots at a dedicated facility, simulating real-world delivery scenarios using Rivian electric vans. These robots, powered by AI, could soon be deployed for actual deliveries, aiming to expedite the process and automate the last mile.

    robots could soon replace humans to deliver your amazon orders
  • Medibuddy eyes $130 million in pre-IPO

    Medibuddy was founded by IIT Madras alumni Satish Kannan and Enbasekar Dinadayalane. Its shareholders include a Liechtenstein royal family fund and Quadria Capital, among others. The fund raise has attracted prominent Indian and global private equity firms, as per those familiar with the matter. The health tech firm matches patients with doctors, hospitals and diagnostic service providers.

    medibuddy eyes 130 million in pre ipo
  • Walmart's Flipkart secures approval for direct lending in India, documents show

    Flipkart has received a lending licence from the Reserve Bank of India. This allows the e-commerce giant to offer loans directly to customers and sellers. Flipkart applied for the licence in 2022. The lending operation may start in a few months. Flipkart plans to lend through its e-commerce platform and fintech app. Walmart aims to take Flipkart public soon.

    walmart s flipkart secures approval for direct lending in india documents show
  • Swiggy may recover quick commerce share despite widening losses: Morgan Stanley

    Despite ongoing losses, Morgan Stanley is optimistic about Swiggy's quick commerce venture, Instamart, citing a significant rise in gross order value. The brokerage firm anticipates Swiggy's strong financial position will enable it to withstand competition and maintain market share. They also project substantial growth in the quick commerce market by 2030, benefiting companies with existing infrastructure investments.

    swiggy may recover quick commerce share despite widening losses morgan stanley
  • Shein hit with complaint from EU consumer group over 'dark patterns'

    The BEUC filed a complaint against Shein with the European Commission, accusing the fast-fashion giant of using “dark patterns” to push excessive buying. These include pop-ups, countdowns, and gamification tactics. BEUC says such strategies fuel mass consumption. Shein claims compliance efforts are underway, but faces broader EU scrutiny and potential fines over consumer and digital regulation breaches.

    shein hit with complaint from eu consumer group over dark patterns
  • Quick commerce growth cannibalising other retail channels, says Kearney report

    A Kearney report indicates quick commerce growth largely cannibalizes other sales channels. Supermarkets and ecommerce offer bigger discounts. Marico aims to tailor portfolios to boost sales. Quick commerce contribution to ecommerce sales doubles yearly. It accounts for 3-6% of consumer goods firms' sales. Kearney projects threefold growth for quick commerce grocery market by 2027. Consumer companies expect continued segment growth.

    quick commerce growth cannibalising other retail channels says kearney report
  • Ecommerce’s in-house delivery turn flips third-party logistics biz script

    India's top ecommerce firms like Amazon, Flipkart, and Meesho are internalising logistics, squeezing third-party logistics (3PL) providers and driving industry consolidation. Meesho's shift to its logistics arm Valmo impacts players like Delhivery, which acquired Ecom Express to stay competitive. As pricing pressure eases and Meesho's outsourcing plateaus, Delhivery eyes growth and improved margins in FY26.

    ecommerce s in house delivery turn flips third party logistics biz script
  • Grocery startup KiranaPro hit by cyberattack; servers wiped

    KiranaPro, the grocery delivery startup, suffered a devastating cyberattack resulting in the complete deletion of its servers. CEO Deepak Ravindran confirmed the breach, stating that sensitive customer data, including payment details, was compromised. The attack, suspected to be carried out by a former employee, has halted operations and led to legal action.

    grocery startup kiranapro hit by cyberattack servers wiped
  • Flipkart's arm exits ABFRL; sells 6 pc stake for Rs 583 crore via block deals

    Flipkart Investments divested its entire 6% stake in Aditya Birla Fashion and Retail (ABFRL) through block deals, amounting to Rs 583 crore. Following the sale, ABFRL's shares experienced a significant drop of nearly 11%. The transaction involved selling 7.31 crore equity shares at a discounted floor price of Rs 79.50 per share.

    flipkart s arm exits abfrl sells 6 pc stake for rs 583 crore via block deals
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