ITC Pulls The Plug On Its Online Store

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SUMMARY

Launched at the height of Covid-19 pandemic in November 2020, “ITC Store” has now stopped taking orders

The company said the platform, which was launched to capitalise on the growing online shopping trend, has served its purpose

The development comes at a time when the Indian quick commerce has witnessed the entry of as many as 19 newcomers in the last few months

FMCG giant ITC has discontinued the operations of its online store, nearly five years after launching…



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ITC Pulls The Plug On Its Online Store


SUMMARY

Launched at the height of Covid-19 pandemic in November 2020, “ITC Store” has now stopped taking orders

The company said the platform, which was launched to capitalise on the growing online shopping trend, has served its purpose

The development comes at a time when the Indian quick commerce has witnessed the entry of as many as 19 newcomers in the last few months

FMCG giant ITC has discontinued the operations of its online store, nearly five years after launching…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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