wordpress blog stats
Connect with us

Hi, what are you looking for?

TLDR: E-commerce logistics, Jio results, Instagram NFT, WhatsApp, Uganda, and more

Tussle between e-commerce logistics companies and aggregators intensifies Last month three of the largest e-commerce focused logistics players – Delhivery, Ecom Express and Xpressbees – simultaneously increased shipment prices for their aggregators (Shiprocket, Pickrr, Shipyaari and others). Some of these aggregators asked the logistics companies to reconsider their decision or partially roll back the hike, but the companies paid no heed. As a part of a reminder note to acknowledge the new shipment rates, Xpressbees notified some of its clients that they won't be picking up any new orders unless the aggregators formally agree to the new pricing. Delhivery and Ecom Express gave a grace period to some of the aggregators last month, but have eventually decided to stick to their hiked rates. This price hike has now forced aggregators to increase prices for their customers, a report by Economic Times revealed. Reliance Jio Infocomm reported a 24% jump in March-quarter profit On Friday, Reliance Jio posted an about 24 per cent increase in standalone profit after tax to ₹ 4,173 crores for the quarter ended March 2022. The company's net profit rose to 41.73 billion rupees for the quarter ending March 31, from 33.60 billion rupees in the financial year 2021. EU's anti-trust chief calls for a global approach toward tech giants Margrethe Vestager, Europe's antitrust chief has called for a global approach toward Big Tech to prevent companies from taking advantage of enforcement gaps, Reuters reported. She also said that this issue now has a 'strong political attention'  and urged antitrust watchdogs…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ