E-tailing: The Industry Touches ~ USD 20 bn in OND-17 - Tech Carving

E-tailing: The Industry Touches ~ USD 20 bn in OND-17

Indian Digital Economy

Here are some insights on Indian Consumer Internet Industry:

E-tailing: The industry touches ~ USD 20 bn in OND-17


E_tailing
According to a report from RedSeer, "The e-tailing industry had a very positive OND-quarter with the GMV touching nearly USD 20 Bn, primarily driven by the increase in the number of shoppers from T2+ cities. Going forward we feel that these new shoppers who have found value in online shopping will continue to shop online and more new users who have come online powered by Jio will adopt online shopping."

Hotel-tech: The industry sees a 55% increase in GBV in OND-17

Gross_Booking_Value

The hotel-tech industry saw a 55% increase in the GBV riding on the holiday season. Players which were present in the holiday destinations witnessed much better occupancies. Also with the industry moving towards full-inventory model the players were able to get much better share of the overall booking of the partner hotels



Online Mobility: OLA and Uber are now eyeing on the 40-45 mn daily auto rides for growth

Distribution_of_Daily_Commuter_Trips

"There are on an average 130-150 mn daily commuter trips in India and auto category constitutes nearly 30% of this, which roughly means 40-45 mn rides per day. The online cab aggregators are hence eyeing this category to fuel their India growth plans. The auto category of Ola has picked up well and now with Uber entering this segment, we feel a good growth story awaits them in 2018," RedSeer report further added.

Food-tech: The Industry sees daily order volume rise to 460K in OND-17

Daily_Order_Volume

The food-tech industry continued the 15% Q-o-Q growth in OND-17; with the players expanding to T1 cities like Ahmedabad and Chandigarh and ramping up their marketing initiatives. Now with OLA and Uber entering the space, we expect some kind of price war to kick-in and further increase the daily order volume.

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This article is posted by Faizan who is the Founder and Chief Editor of TechCarving.   He is a Professional Blogger and Entrepreneur.

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