Amazon hiking seller fee across platform from April onwards. Looks like it'll become costlier to buy from them.

Why Myntra is charging additional 20/- for every item ???? I have observed this from the past few days

- Flipkart aims to have around 100 dark stores operational by the launch of Flipkart Minutes, currently accessible to select users in certain pincodes. - The move is part of Flipkart’s strategy to compete with Zepto, Blinkit, and Swiggy Instamart this festive season, focusing on fast delivery for non-grocery segments. - Dark stores are being tested with employees at Flipkart’s Bengaluru headquarters, with plans to stabilize and scale up the service in specific areas. - Flipkart’s quick commerce push is driven by revenue potential, with top platforms like Swiggy Instamart, Zepto, and Blinkit expected to surpass $1 Bn in revenue for FY24. - This development follows Flipkart’s expansion into digital payments and fintech products, highlighting its strategy to adapt to the evolving digital commerce landscape. Source: Economic Times

Saw it’s five bucks during afternoon.

Would love to know more about the market here specifically B2B retail media ads, think Amazon ads etc......if anyone here is working on that I have one very specific question. What's the percentage of GMV that you folks have been able to realise as Ad revenue. Meesho folks, please feel free to answer if you have any idea about your companies stats.....

Do you guys agree with the list? Anymore candidates

- Swiggy and Zomato have raised platform fees to Rs 6 in key markets like Bengaluru and Delhi, up from Rs 5, marking a 20% hike. - Capitalmind CEO Deepak Shenoy has significantly reduced his orders due to the increased fees, highlighting a shift in customer behavior. - Customers are opting for direct restaurant orders to avoid the higher platform fees, with some even deleting the apps. - Both companies initially introduced platform fees at Rs 2 per order in 2023 and have gradually increased them to boost profitability. - The increased fees have led to a shift towards home-cooked meals and direct orders, impacting the revenue of these food delivery giants. Source: Deccan Chronicle

An interesting take of mysterious profit numbers, markdown values and departure from “original idea” of growing in tier - 2, 3 cities 🥲 https://thearcweb.com/article/meesho-venture-highway-exit-vidit-aatrey-westbridge-mfMQjdaZJJHPIbz5

For the first time in these many years, i have got a hike of only 7%, the reason stated is on going concerns in US market. But it is very difficult to digest the same as 2 years prior i got a hike of 26% and now only 7%. I feel being broke as giving an organisation your 5 years of handwork, 7% is nothing. Has anyone else faced this in 2023 ?