CASHIFY TO INCREASE SECOND-HAND SMARTPHONE BUSINESS IN INDIA

HIGHLIGHTS

• Cashify is planning to start second-hand smartphone business in India.
• Cashify has raised $15 million for this business.

Second-hand smartphone market is a huge market in India as tens of millions of people purchase such s...

FMCG COMPANIES CONTINUE TO BENEFIT FROM ONLINE SALES

HIGHLIGHTS

• FMCG companies are getting benefits due to online sales.
• A report by Unicommerce said that sales on e-commerce grew 36% in volume terms compared to FEB 2020.
• In DEC 2019 quarter, 30% growth was witnessed.
• In DEC 2020 q...

SOUTH KOREA RECORDS FRESH HIGH IN ONLINE SHOPPING IN DECEMBER

Highlights –

• South Korea records fresh high in online shopping in December.
• In December 2020, online shopping transactions stood at $14.2 billion.
• Smartphones, tablets, and other mobile device purchases rose 33.8 percent.
• O...