Hiring in e-commerce to grow 60-65% in 3 years
A majority of e-commerce businesses have increased their turnover since last year and present a good opportunity for the industry to develop further, says an ASSOCHAM study. The Dollar Business Bureau India's e-commerce market was worth about $3.8 billion in 2009, it went up to $17 billion in 2014 and to $23 billion in 2015 and is expected to touch whopping $38 billion mark by 2016 E-commerce industry is likely to generate 2.5 lakh jobs in online retail this year with the hiring in the sector likely to grow at 60-65%, says a report by the Associated Chamber of Commerce and Industry (ASSOCHAM). According to the industry body, around 2.5 million staff will be required to work within the e-commerce sector by 2016 ...
E-Commerce market likely to touch $128 bn mark by 2017
The Dollar Business Bureau The study titled ‘Future of e-Commerce: Uncovering Innovation’ conducted by the Associated chamber of Commerce and Industry (ASSOCHAM) and Deloitte has observed that the digital commerce market in India has grown from $4.4 billion in 2010 to $13.6 billion in 2014. Key merger and acquisition deals, including those between Softbank and Snapdeal; Flipkart and Myntra; and Ola Cabs and TaxiForSure and sky-rocket valuation of these e-commerce giants in the last one year create space for this unprecedented growth. Owing to widespread mobile usage all over, big players in the digital commerce space claim to have more than 50% of their revenue coming from mobile apps and are gearing up for more efforts on increasing their penetration ...
