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Myntra Will Get 130k First-time Shoppers From Non-metros On Day 1 Of Sale

Online Shopping: Newest News & Movies, Photos About Online Buying Web Page 1

Through the ups and downs, online buying is here to stay; the means ahead for retailing is in multi-channel distribution. Physical shops that supplied virtual buying in the course of the lockdowns had seen a 70% to 80% drop in enterprise since early 2022; online business at food and beverage (F&B) outlets had fallen by 50% to 60%. Pure-play retailers that primarily sell online, had loved a spike of their companies during the lockdowns however saw transactions fall by 20% to 90% after that, said Online Shop News RGM managing director Tan Hai Hsin. Following the pandemic, more than half of the survey’s respondents now shop online extra regularly and rely on the web extra for news, health-related info and digital entertainment. ​​​ Latest information from the Reserve Bank of India confirmed that 7.3 crore credit card …