Ecommerce fails to click for firms in Q4 as sales dip across segments

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Online consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery volumes declined 13% sequentially in the March quarter to 176 million, while on a year-on-year basis they were down 2%. Cofounder and CEO Sahil Barua indicated this slowdown comes after a strong December quarter.

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Ecommerce fails to click for firms in Q4 as sales dip across segments