UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 8
August-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2308581


Registration ID:
523861

Page Number

f686-f690

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Title

Impact of E-Commerce Business(B to C) in India

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Abstract

“Ecommerce" or "electronic commerce" is the trading of goods and services on the internet. An ecommerce business is a company that generates revenue from selling products or services online. GMV of e-tailers continued to grow by leaps and bounds in FY-2023 after registering rapid growth in the previous two years, shows Redseer data. India’s e-commerce market is on fire! With consumers rapidly adopting online shopping and renewed thrust from leading consumer goods and retail players in the country, gross merchandise value (GMV) of India’s e-tailers touched US$ 60 billion in FY2023. As per latest data from Redseer Research and Analysis, the surge in e-tailer GMV rose 22 per cent last year over the previous year. In FY2022, GMV of e-tailers stood at $49 billion. Today, India is home to the third-largest base of online shoppers of 140 million, only behind China and the US, according to Bain & Company’s report How India Shops Online.

Key Words

Ecommerce = Electronic Commerce, Brick and Mortar = A traditional street-side business, GMV = Gross Merchandise Value, E-tailers = A retailer selling goods via electronic transactions on the internet, B2C = Business to Consumer, B2B = Business to Business, B2G = Business to Government.

Cite This Article

"Impact of E-Commerce Business(B to C) in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.f686-f690, August-2023, Available :http://www.jetir.org/papers/JETIR2308581.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Impact of E-Commerce Business(B to C) in India", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppf686-f690, August-2023, Available at : http://www.jetir.org/papers/JETIR2308581.pdf

Publication Details

Published Paper ID: JETIR2308581
Registration ID: 523861
Published In: Volume 10 | Issue 8 | Year August-2023
DOI (Digital Object Identifier):
Page No: f686-f690
Country: Malur, Karnataka, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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