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At that time, India had only 15,000 internet users. [7] Due to Indian rupee's appreciation between 2005 and 2007 and the impact of the 2008–09 US recession, the company decided to pivot the focus from export-oriented business to India-focused B2B market and raised funding from The Times Group and Intel Capital. [8] [9] [10]
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Price inflation in these countries has been 5 to 10 times lower than price inflation in India. The current consumer price inflation in Europe and the United States is less than 2%, compared to India's double digit inflation. The Pepsi and Coca-Cola example is meaningless in the context of Indian beverage market.
TradeIndia is an online Business to Business (B2B) portal [1] for small businesses based in India and around the globe. The portal was started in 1996 by Bikky Khosla and is maintained and promoted under the flagship company, Infocom Network Pvt. Ltd. [2] The company is headquartered in New Delhi, India, and has branch offices in 35 cities [3] across India.
The retailer then sells the goods to the end consumer at a higher price making a profit. [ 1 ] According to the United Nations Statistics Division , wholesale is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in ...
The market helps in better price discovery and providing facilities for smooth marketing of produce. The market transactions stood at ₹ 36,200 crore (equivalent to ₹ 480 billion or US$5.6 billion in 2023) by January 2018, mostly intra-market. Over 90 commodities including staple food grains, vegetables and fruits are currently listed in its ...
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Business-to-business (B2B) online marketplaces are platforms that allow companies to buy and sell products or services to other businesses. These marketplaces typically focus on a specific product or service category and are used by businesses to find suppliers, negotiate prices, and manage logistics.
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