How the e-commerce sector performed in 2017 - Re-Tales by Swati Bhargava ET Retail

Moreover, terms like Artificial Intelligence and Machine Learning came into the fray, and are all set to become the new normal. It's been a whirlwind of a year for Indian e-commerce! So, I decided to sum up the performance of the Indian e-commerce industry in 2017. The cash-crunch caused by demonetization forced a surge in cashless methods like mobile wallets, debit/credit cards and net banking. According to Business Insider, wallet payments forerunner PayTm witnessed transactions worth 120 crore per day only 12 days post demonetization.