Try GOLD - Free
India ranks 2nd in time spent on shopping apps
Business Standard
|January 17, 2024
Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard.
According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.
The time spent by shoppers on these apps in 2023 was far higher than in the US (2.8 billion hours), Brazil (3.020 billion hours), but it was less than that in China where it was 49.60 billion hours.
This story is from the January 17, 2024 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
A ‘balanced’ chief minister
Here are some important facts about Vadasserry Damodara Menon (VD) Satheesan, who has just become chief minister of Kerala, heading the United Democratic Front (UDF) government, led by the Congress.
3 mins
May 23, 2026
Business Standard
Hindalco profit falls 51% after US unit fire
Aditya Birla Group’s metal flagship Hindalco Industries on Friday said its consolidated net profit dropped 50.8 per cent to ₹2,597 crore in the March quarter of FY26, impacted by fire incidents at US subsidiary Novelis’ plant.
1 min
May 23, 2026
Business Standard
Reforms will deliver 10x the savings from austerity
Indians prefer saving over spending. But for this to happen naturally, it requires more than calls to save fuel or work from home
4 mins
May 23, 2026
Business Standard
Info Edge profit rises 11.48% to ₹756 crore
Internet firm Info Edge, which owns Naukri.com, has posted an 11.48 per cent growth in consolidated net profit to ₹756 crore in the March quarter, driven by recruitment solutions.
1 min
May 23, 2026
Business Standard
Why legacy brands are getting tattoos
Air India’s Maharaja has been to the gym — and that, too, not very long ago. The airline’s new logo is sleek, geometric, and stripped of nostalgia.
3 mins
May 23, 2026
Business Standard
Sebi bars 7 from mkts for ‘fraud’ trades, directs ₹20 cr disgorgement
The Securities and Exchange Board of India (Sebi) on Friday debarred seven individuals from the securities market for alleged fraudulent trading in 82 scrips through stock recommendations given on social media platforms. The regulator has also directed to impound ₹20.25 crore of the wrongful gains.
1 min
May 23, 2026
Business Standard
Eicher Motors posts record net profit of ₹1,520 crore
Eicher Motors, the maker of Royal Enfield motorcycles, has posted its highest-ever net profit of ₹1,520 crore during the fourth quarter of FY26, up 12 per cent from ₹1,362 crore during the same period last financial year.
1 min
May 23, 2026
Business Standard
‘Rising crude oil prices a challenge for external sector’
The impact of the surge in crude oil prices following the West Asia war needs to be monitored, even though headline inflation has remained within the tolerance band, as it poses a challenge for the external sector, the Reserve Bank of India’s (RBI's) monthly State of the Economy report said.
2 mins
May 23, 2026
Business Standard
India prepares for next leap in power transmission
1,150 kV UHV INTEGRATION ON THE CARDS
3 mins
May 23, 2026
Business Standard
Fandom as cult
Online pop culture is, to an extent, defined by the phenomenon of fandoms and parasocial relationships.
3 mins
May 23, 2026
Listen
Translate
Change font size

