E-Commerce v/s Traditional Retail

When you read the following list of advantages of e-commerce for businesses and customers, you will get the sense that e-commerce is the holy grail of retail. 

• Abuse of New Business
• Empowering the Customers
• Enhancement of Business Transaction
• Effective Performance
• More noteworthy Economic Efficiency
• Execution of Information
• Fusing Transaction
• Increasing of Revenue
• Decrease of Friction
• Encouraging of Network Form 
• Encouraging for Organizational Model

Convinced that your business might benefit from the wonders of e-commerce? 

Read more:  Advantages of E-Commerce Over Traditional Retail

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Gojek lays off 430 employees after Facebook, Paypal investment

Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia.

Jakarta: Ride-hailing and digital payments platform Gojek that received funding from Facebook and Paypal earlier this month has laid off 430 employees, around 9 per cent of its total workforce.

The company announced to shut down its lifestyle division GoLife as well as its food court division GoFood Festival, reports The Jakarta Post.

Gojek currently operates in five countries in Southeast Asia, said it would focus on its core businesses which are ride-hailing service, food delivery and e-payment solutions.

"The biggest challenge is the remaining uncertainties in the future, and the hurtful fact is that this will forever change the way we operate our business and the products we offer," said CEOs Andre Soelistyo and Kevin Aluwi said in a joint statement late Tuesday.

In April, the company's senior management cut their salaries to allocate more than $7.09 million to help drivers and employees cope with poor demand during the Covid-19 pandemic.

With an aim to cement their position in the fast-growing digital payments market in Southeast Asia, Facebook and Paypal have invested in Gojek.

Matt Idema, Chief Operating Officer, WhatsApp, did not disclose the sum the company has invested in Gojek but said the move underscores Facebook's commitment to serving small businesses and helping bring them and their customers into the digital economy.

Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia. Its payments business processes billions of transactions each year and owns the largest e-wallet in Indonesia.

Also Read: California wants judge to classify Uber, Lyft drivers as employees

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Singapore's Grab puts partnership with troubled Wirecard on hold

The two companies signed payments agreement in March under which Wirecard was to process transactions made via the GrabPay e-wallet.



SINGAPORE: Southeast Asian ride-hailing and payments company Grab said it had put a partnership with scandal-hit Wirecard on hold, days after the German payments firm disclosed a $2.1 billion financial hole that threatens its future.

"We have not begun business integration work on the Wirecard partnership and we are pausing the partnership till further notice," a spokeswoman from Grab told Reuters on Wednesday in response to a query about the status of the partnership.

The two companies had struck a payments agreement in March under which Wirecard was to process transactions made via the GrabPay e-wallet, starting with markets in Malaysia, Philippines and Singapore.

Wirecard had not begun processing payments or signing up merchants on behalf of Grab, Southeast Asia's most valuable start-up, whose e-wallet is accepted by more than 600,000 merchants and small businesses in the region.

Responding to a query, the Monetary Authority of Singapore said on Tuesday that it had asked Wirecard to ensure that it keeps customer funds from its local activities in the country's banks.

This week, Wirecard's former boss was arrested on suspicion of falsifying its accounts, after the payments firm disclosed the financial hole and questioned whether trustees had actually held money on its behalf.

Germany's financial regulator also filed a fresh complaint against Wirecard with the prosecutor, saying the company's belated admission that billions were missing showed it had mis-stated its financial position between 2016 and 2018.

Also Read: Russia's Yandex in 'active dialogue' with Uber over Yandex.Taxi

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Jaguar will supply I-Pace EVs for Norway's new wirelessly-charged taxi service

The world’s first high-powered wireless taxis will roll out in the Norwegian capital of Oslo in 2024, with the support of Jaguar Land Rover. The project, named ElectriCity, also involves Nordic taxi firm Cabonline, Norway’s largest charge point operator Fortum Recharge, and US tech developer Momentum Dynamics.

Jaguar will provide Cabonline with 25 I-Pace models for the initiative. The charging network is being specially designed so that taxi drivers can charge up without going off-route. As such, multiple charging points, at 50-75kW each, will be installed in the ground at various pick-up and drop-off points, allowing each taxi to charge while queuing for the next fare. There are no cables or physical connectors involved — charging happens automatically. This means taxis get multiple charges throughout the day, and can be returned to the rank with juice to spare, so there aren’t any driving range restrictions.

The initiative ticks a lot of boxes for those involved. Jaguar, which has recently given the I-Pace an update for 2021, has long since committed to EV innovation. Plus, it’s already partnered with transit companies in the past to push the EV agenda — last year it teamed up with Waymo, for example. Meanwhile, the city of Oslo is working on making its cab system emission free, while Norway has mandated that all new cars sold in the country by 2025 are zero emission, in order to fulfil a wider target of countrywide carbon neutrality by 2030.   Read more

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How Bots Are Making The On-Demand Services Future-Proof?

This is a swipe-right world where the people want efficiency, easiness, and effortlessness in everything. Thankfully, the on-demand business model has an answer to this.

The on-demand services have become an integral part of the people’s lifestyle because of the ability to meet the diverse needs anytime, anywhere. The round of clock on-demand service also requires instant customer support for necessary assistance, which is implausible with the human staff.

That’s where AI chatbots catching up with the on-demand assistance trend through the amazingly high capability to connect the dots and respond to the customer’s queries in real-time.


According to research, the global chatbot market is expected to grow to USD 9.4 billion by 2024.

The cognitive intelligence and computing capability of AI bots are outsmarting the human intelligence and it costs quite less as opposed to hiring and training human customer service agents. This is the reason the on-demand services are warmly-embracing the bots.

The best practice of checking the bots adoption rate in on-demand solutions around us is finding the last time when you had a conversation with a human agent to handle your requirement and provide immediate support. The bots integration has indeed reached a saturation level where the interactions with bots appear as natural as chatting with human staff.

Read more :   On-Demand Services Future-Proof

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Apple’s next-generation iOS operating system, now available.

Apple introduced the newest version of its iOS operating system, iOS 13, on June 3 at the keynote event of the 2019 Worldwide Developers Conference. iOS 13 marks a huge overhaul to iOS, offering up a long list of new features.

First up, Apple continued on with its optimization trend introduced in iOS 12, making iOS 13 faster and more efficient than ever. App update times have improved, app launch times are two times faster, app download sizes have been reduced by up to 50 percent, and Face ID is 30 percent faster.

There’s a new systemwide Dark Mode option, which changes the entire look of the operating system from light to dark. You can choose either option, or have Dark Mode come on at sunset or on a custom schedule. All native Apple apps feature Dark Mode support, and third-party apps can use Dark Mode APIs to add Dark Mode integration

Read more : https://www.macrumors.com/roundup/ios-13/

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The Comprehensive Analysis of On-Demand Delivery App Development Cost

At an unprecedented pace, the on-demand delivery apps have become a lifeline of people as they solve real-world problems in a couple of clicks. When hunger pangs, you want a taxi at doorstep, salon professional at home, or looking for the doctor on-demand, everything has inched closer to us with on-demand apps.

However, when the name of on-demand apps comes up, only one brand- Uber, that’s pops-up in the user’s mind at first. Well, it won’t go without saying that Uber has invented this on-demand model, which was later replicated and reinvented by various businesses in distinct ways. That’s why on-demand apps are sometimes referred to as Uber for X, where X can be any service delivered to the customers where they want and when they want.

You might be thinking about what are the magical ingredients added to the on-demand model that has beefed up the growth. Its speedy deliveries, lower prices than traditional vendors, frictionless payment, the mobile-first user experience, transparency, the independent contractors getting the job, and an actionable rating system that has cooked the recipe of iconic success.

Despite adding all the ingredients, all the businesses following the on-demand model won’t cherish the success equally and even failed desperately. The market analysis of failed companies like- Shyp, UberRush, or Doorman has shown that they have not done SWOT analysis aptly and performed over smartly, due to which they are trapped in their business idea. Don’t fret!

Read more: On-Demand Delivery App Development Cost





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