{"id":867495,"date":"2024-10-18T08:28:25","date_gmt":"2024-10-18T02:58:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867495"},"modified":"2024-10-18T08:49:10","modified_gmt":"2024-10-18T03:19:10","slug":"e-commerce-gmv-to-increase-23-to-12-bn-in-2024-festival-season-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/18\/e-commerce-gmv-to-increase-23-to-12-bn-in-2024-festival-season-report\/","title":{"rendered":"E-commerce GMV to increase 23% to $12 bn in 2024 festival season: Report"},"content":{"rendered":"<p>Indian e-commerce is projected to reach $12 billion in gross merchandise value (GMV) in the festival season of October to December 2024 to mark a 23 per cent increase from last year, according to a report by logistics firm Shiprocket. <\/p>\n<p>GMV was $9.7 billion in the same period in 2023. Growth is driven by consumer demand in fashion, electronics, beauty, and personal care, along with a surge in quick commerce, which is expected to contribute $1 billion in GMV.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian e-commerce is projected to reach $12 billion in gross merchandise value (GMV) in the festival season of October to December 2024 to mark a 23 per cent increase from last year, according to a report by logistics firm Shiprocket. GMV was $9.7 billion in the same period in 2023. Growth is driven by consumer demand in fashion, electronics, beauty, and personal care, along with a surge in quick commerce, which is expected to contribute $1 billion in GMV.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-867495","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867495"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867495\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}