Monday, May 27, 2024

Ecommerce fails to click for firms in Q4 as sales dip across segments

Online consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery volumes declined 13% sequentially in the March quarter to 176 million, while on a year-on-year basis they were down 2%. Cofounder and CEO Sahil Barua indicated this slowdown comes after a strong December quarter.

from Tech-Economic Times https://ift.tt/aQYAJ6D

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