Amazon India Officially Launches ‘Local Finds’ Buying, Selling Platform in Four Cities

Amazon India Officially Launches 'Local Finds' Buying, Selling Platform in Four Cities

HIGHLIGHTS

  • Amazon customers can buy and sell new and used goods
  • The company facilities delivery and payments
  • Local Finds was first piloted in Bengaluru earlier this year

Amazon India has officially launched its Local Finds service in India, a platform for customers to find and sell used and new goods to others in their city. Piloted in Bengaluru since earlier this year and spotted in action last month, the service is now live in Chennai, Hyderabad, and Mumbai in addition. Amazon facilitates delivery and payments for Local Finds transactions, something that’s rare to see in the online pre-owned and online classifieds space – a USP of the service with the company picking, packing, and shipping the product.

Through Local Finds, Amazon India customers in the same city can other buy and sell products amongst each other. Product categories include books, fashion, home decor, music, movies, mobiles, laptops, accessories, tablets, and video games. The company boasts that customers are adding “hand crafted and rare products” daily. The Bengaluru pilot saw roughly 600 sellers, and up to launch, it has seen 30,000 customers use the service across all four cities.

To launch Local Finds, Amazon India has an introductory offer with free delivery along with cashback (up to Rs. 100) as Amazon Pay Balance for purchases of certain items, and as an incentive for sellers, it is offering additional earnings of Rs. 500 upon selling five items.

Talking about Local Finds, Mahendra Nerurkar, Director – New Initiatives, Amazon India said, “Through our pilot, we realized that in every city we have customers who have a few products to sell – some want to get value for their used products, others are hobbyists, creators and home entrepreneurs who need to find the right customers for what they collect or create and there are customers who are interested in buying such products. Existing solutions available to such sellers and buyers had gaps – people needed to commute in traffic and meet strangers, this lead to privacy and safety concerns along with precious time and money lost. With Local Finds, we aim to seamlessly connect sellers and buyers, help them quickly list and discover each other’s products and transact tension free with delivery, payments and customer service facilitated by Amazon. We are humbled to see over 30,000 customers sell their products on Local Finds in such a short period of time.”

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UK cities nowhere in sight in world’s quality of living rankings

Vienna, Austria

Vienna’s rents and public transport costs are cheap compared with other western capitals CREDIT: REX

Vienna, Austria’s grand capital on the Danube river, has topped consulting firm Mercer’s list of cities offering the highest quality of life for the eighth year in a row, while Baghdad is again considered the worst place to live.

Meanwhile London, together with other global centres Paris, Tokyo and New York City did not even make the top 30, lagging behind most big German, Scandinavian, Canadian, New Zealand and Australian cities. The England and UK capital ranked 40th, two spots behind its French counterpart.

The survey of 231 cities helps companies and organisations determine compensation and hardship allowances for international staff. It uses dozens of criteria such as political stability, health care, education, crime, recreation and transport.

Singapore was the highest ranked Asian city, at 25 while 29th-placed San Francisco was the United States’ highest entry. Top of the list in Africa was South Africa’s Durban at 87.

Top five cities by region
Top five cities by region

Vienna’s 1.8 million inhabitants benefit from the city’s cafe culture and museums, theatres and operas. Rents and public transport costs in the city, whose architecture is marked by its past as the centre of the Habsburg empire, are cheap compared with other western capitals.

Switzerland’s Zurich, New Zealand’s Auckland, Germany’s Munich and Canada’s Vancouver followed Vienna in the top five of most pleasant cities to live in.

Two bombs have exploded in a busy market area in central Baghdad
A busy market area in central Baghdad after an explosion  CREDIT: AFP

Baghdad was again ranked lowest in the world. Waves of sectarian violence have swept through the Iraqi capital since the US-led invasion in 2003.

Six years into Syria’s bloody war, Damascus was ranked seventh from bottom, with Bangui in the Central African Republic, Yemeni capital Sanaa, Haiti’s Port-au-Prince, Sudan’s Khartoum and Chad’s N’Djamena filling out the end of the list.

 

Top ten cities

  1. Vienna (Austria)
  2. Zurich (Switzerland)
  3. Auckland (New Zealand)
  4. Munich (Germany)
  5. Vancouver (Canada)
  6. Dusseldorf (Germany)
  7. Frankfurt (Germany)
  8. Geneva (Switzerland)
  9. Copenhagen (Denmark)
  10. Basel (Switzerland) and Sydney (Australia)

Bottom ten cities

231. Baghdad (Iraq)

230. Bangui (Central African Republic)

229. Sana’a (Yemen)

228. Port au Prince (Haiti)

227. Khartoum (Sudan)

226. N’djamena (Chad)

225. Damascus (Syria)

224. Brazzaville (Congo)

223. Kinshasa (Democratic Rep. of the Congo_

222. Conakry Guinea

UK ranking

40. London

45. Edinburgh

53. Birmingham and Glasgow

58. Aberdeen

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30 Top Cities for Women Entrepreneurs

Top Cities for Women Entrepreneurs

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Different communities may attract different kinds of entrepreneurs. Some qualities — such as customers with sufficient disposable income, availability of a large employee pool, low taxes and fewer regulations — certainly tend to make a community more appealing to entrepreneurs  in general. Still other aspects of a community might appeal to a specific type of entrepreneur.

In an effort to determine what kinds of entrepreneurs are drawn to different communities, Small Business Trends recently conducted a study of the U.S. Census Bureau’s Survey of Business Owners to discover the types of business owners drawn to various U.S. cities.

The study then looked at the characteristics of communities that drew each group. Over the next few weeks, we’ll share these results.  We’ll look at what communities seem to draw the most women entrepreneurs, minority entrepreneurs and small business entrepreneurs and why. We’ll also look at the results of a NerdWallet study that attempted to rank cities by their attractiveness to young entrepreneurs. But let’s get started with the top cities for women in business.

Top Cities for Women Entrepreneurs

When it comes to cities attracting women entrepreneurs, some of the names on the list shouldn’t be too surprising. Top communities on the list are known as leaders in tourism, fashion, finance, media and entertainment. But some have also seen the burgeoning of women owned engineering and tech firms.

Some communities also offer organizations and incentive programs aimed at promoting women entrepreneurs.

Here are the top cities for women entrepreneurs based on the data:

New York City

Top Cities for Women Entrepreneurs NYC

Since New York City is the biggest city by population in the U.S., it shouldn’t be too surprising it also has the highest number of female entrepreneurs by a decent margin, with 413,899 according to recent Census data. In addition to the large population, the city also draws in a large base of female entrepreneurs thanks to booming industries like tourism, fashion, finance and media. NYC also offers resources specifically for women entrepreneurs in the city.

Los Angeles

The second most populous city in the U.S. also boasts the second largest number of women entrepreneurs, with 192,358. Due in part to the large entertainment industry in Los Angeles, there is a huge need for businesses in a variety of creative fields such as hospitality, tourism, transportation and food service.  Millennial and women entrepreneurs make up a large number of business owners in these niches.

Chicago

With 123,632 women business owners, Chicago is third on the list both in terms of women business owners and general population. Chicago’s large business community can be attributed in part to its many professional and educational institutions as well as to a decent tourism industry, which impacts everything from shopping to food. The city has also seen growth in female owned engineering and tech firms in recent years.

Houston

Top Cities for Women Entrepreneurs

The fourth largest city in terms of population is also the fourth on the list of top cities for women entrepreneurs with 102,813. Aside from the population, Houston, like other Texas city’s, has no corporate income and personal income tax. Houston also has a number of incentives and programs, such as enterprise zones and industrial districts, aimed at getting business owners to start or relocate their businesses to the city.  It’s strong medical community attracts women entrepreneurs as does tech, finance and the law.

Dallas

Dallas is another city that benefits from the state’s tax structure when it comes to attracting new business owners — of any kind. The ninth largest city in terms of general population has 52,798 female business owners. Aside from the tax structure, the city’s infrastructure, cost of living and available workforce may contribute to its attraction. Target industries include building, food manufacturing, media, IT and more.

San Diego

With 47,942 female business owners, the eighth most populous city ranks sixth on this list. San Diego draws in entrepreneurs from a variety of industries, including aerospace, maritime, cybersecurity and manufacturing, through research, advocacy and similar support programs.

San Antonio

Top Cities for Women Entrepreneurs San Antonio

San Antonio has about 44,295 women business owners and ranks seventh in terms of overall population. Again, in addition to favorable tax conditions , San Antonio also offers some property tax programs that could benefit local businesses, along with foreign trade zones, industrial districts and more incentive programs to bring businesses to the area.  A high number of women business owners tap into lucrative retail, restaurant and communication niches.

Phoenix

The sixth largest city in terms of general population has 44,294 women business owners. Technology, manufacturing, bioscience and advanced business services are all growing industries in Phoenix. The city also has a diverse talent pool and proximity to several high profile educational institutions. In addition, the Women’s Enterprise Foundation offers scholarships and grants to women in Phoenix looking to further their education and leadership skills.

Philadelphia

Philadelphia has the fifth largest population in the U.S. and about 40,906 women business owners. The city’s neighborhood revitalization efforts, skilled workforce, centralized location and corporate support initiatives are draws for businesses.  Women business owners are concentrated in healthcare, construction, technology and staffing services.

San Francisco

Top Cities for Women Entrepreneurs

With 40,135 female entrepreneurs, the city with the 14th largest population has a larger than average entrepreneurial community thanks to a diverse and innovative business ecosystem. San Francisco’sresearch centers, universities and business leaders make it an attractive option for tech business owners and those in creative industries.  Successful woman owned companies in San Francisco are in technology, mental health, dermatology, printing and staffing services.

Miami

Although Miami is 44th in the U.S. in terms of population, the city has 39,762 female business owners. Part of the reason Miami draws in so many women entrepreneurs is its business incentives such as enterprise and empowerment zones. The city also has a vibrant tourism industry and diverse talent pool.

Detroit

Though Detroit was hit hard by the recent recession, the city has 38,576 female business owners. The city  ranks 18th in terms of general population. Since emerging from the largest municipal bankruptcy in U.S. history, Detroit has a high demand for products and services in a huge range of industries. And lax regulations and low barriers to entry make it a great option for women entrepreneurs just starting out or looking to break into new markets. In addition, Detroit is packed full of engineers and manufacturing professionals. And there’s even a growing tech sector attracting business owners to the area.

Memphis

Top Cities for Women Entrepreneurs

Memphis ranks 20th in the country in terms of population and has 35,710 women business owners. The city offers tax incentives, site selection assistance, research services and similar resources in order to attract businesses to the area. Target industries include bioscience, manufacturing, green business and music and tourism.

Austin

The 11th in overall population and fourteenth in number of women business owners, Austin boasts 34,253 female entrepreneurs. The capital of Texas offers the same tax benefits as the other Texas cities on this list. And with a vibrant music, arts and creative scene, it’s a big draw for creative and young entrepreneurs.

Charlotte

Charlotte ranks 17th in terms of general population and has 32,008 female entrepreneurs. The city draws in women business owners with incentives like tax credits, financial programs and even contracting opportunities. The city also has several business districts that it is working to revitalize.

Seattle

Top Cities for Women Entrepreneurs seattle washington

The 22nd largest city in the U.S. has about 29,617 women business owners. With programs like business financing, workforce development and site selection assistance, Seattle is working to draw even more entrepreneurs to set up shop in the area. The city even has several outlined areas where it designates funds specifically for services that benefit businesses in the area.

Fort Worth

With 29,425 female business owners, Fort Worth attracts entrepreneurs with its low cost of living, business friendly tax structure and talented labor pool. The city, which is 16th in terms of overall population, also offers enterprise zones, public improvement districts and neighborhood empowerment zones.

Portland

Portland currently has about 29,074 women business owners. It ranks 28th in overall population. The city boasts a vibrant creative community that attracts entrepreneurs ranging from chefs to designers. It also offers financial support, business districts and other economic development strategies.

San Jose

one of the Top Cities for Women Entrepreneurs is San Jose CA

The 10th most populous city in the U.S. has about 28,981 female entrepreneurs. San Jose works to attract entrepreneurs through workforce development, real estate and cultural programs.

Denver

With 28,725 women business owners, Denver is currently the 23rd largest city by population in the U.S. and the city boasts qualities that would attract any entrepreneur regardless of gender. A big part of the city’s draw for business owners is its young, active and energetic workforce. Some of the industries that the city is focusing on include health and wellness, energy and bioscience.

Jacksonville

The 12th largest city in the U.S. currently has about 28,749 female entrepreneurs. Jacksonville is working to redevelop some of its economically distressed areas and promote private capital investment for businesses in the area, part of what might draw some of those business owners to the city.

Atlanta

Top Cities for Women Entrepreneurs

Atlanta’s 28,172 women business owners make it 22nd on this list, though it’s fortieth by overall population. The city works to attract business owners and grow its business community by providing small business loans, issuing bonds to spur commercial development and promote other relevant business incentives.

Indianapolis

As the 13th largest city in the U.S., Indianapolis boasts 27,668 women business owners. Indianapolis touts its ability to offer businesses all the accessibility of a small city, but the amenities that you would find in much larger cities. There are also tax abatement programs, grants and similar business incentive programs offered.

Washington, D.C.

The nation’s capital currently has about 27,064 female entrepreneurs, and is the 24th largest city by population. Government contractors and political service providers are of course more prevelant in Washington, D.C. than they are in many other cities. But the city also offers business improvement districts, community development corporations and similar programs to improve its business community.

Columbus

Top Cities for Women Entrepreneurs columbus ohio

Columbus is the 15th most populous city in the U.S. and has about 27,044 women business owners. The city has some very specific goals for adding capital investment and creating jobs in the community. So the community is working to attract investments for local businesses, connecting startups with local resources and helping existing businesses to expand.

Baltimore

The 26th largest city in the U.S. is also 26th in terms of female entrepreneurs, with 24,599. With business friendly features like steady tax rates, counseling and talent recruitment, the local government and business community both work to create a diverse and tight-knit business community in Baltimore.

Nashville

With the 25th largest population in the U.S., Nashville boasts 24,115 women entrepreneurs. Known as Music City, Nashville’s creative community is part of what makes it a draw for entrepreneurs. In addition, the city offers employment, investment and tax incentives for certain businesses.

El Paso

Top Cities for Women Entrepreneurs

The 19th largest city in the country, El Paso has about 21,872 female business owners. In addition to the tax reasons that make Texas such a popular destination for just about any entrepreneur, El Paso has business incentives like foreign trade zones.

Las Vegas

The booming tourism industry in Las Vegas is part of what attracts some business owners, including the 21,421 female business owners, to the city. Tax credits, financing and other state and local incentive program also attract some entrepreneurs to Las Vegas.

Oklahoma City

Oklahoma City has 20,163 women business owners and is the 29th largest city in terms of overall population. A big draw to this city is its low cost of living. But there are also some business specific programs like enterprise zones, foreign trade zones and more.

Images: NYCEDC, Visit Houston, DCCD San Antonio, San Francisco Travel, Greater Memphis Chamber, Visit Seattle, San Jose, Atlanta, Brand Columbus, Visit El Paso

More in: Women Entrepreneurs

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How Uber and Lyft Are Changing Some American Cities

How Uber and Lyft Are Changing Some American Cities

How Uber and Lyft Are Changing Some American Cities
Uber now offers rides in more than 200 US cities. Rival Lyft does too.

But Uber gets an estimated 60 percent of its US revenue from just five metropolitan areas (New York, San Francisco, Los Angeles, Chicago and Washington), according to a new report from the research firm 7Park Data. You can see a similar regional concentration in ride-business data released this week by the Brookings Institution:

(Also see: Uber Raises Fares by Up to 100 Percent Within Delhi NCR)

Brookings senior fellows Ian Hathaway and Mark Muro gathered these numbers (and similar data on the lodging industry) to gauge the growth of the “gig economy” enabled by platforms such as Uber and Airbnb. Although there are multiple lawsuits in the works trying to change this, drivers for Uber, Lyft and their ilk are independent contractors, not employees, so they don’t show up in the Bureau of Labor Statistics’s monthly payroll employment numbers. And though lots of the people who got paid for providing rides – cabbies, car-service drivers, etc. – were self-employed or worked as independent contractors even before Uber and Lyft came along, it does seem reasonable to attribute most of any recent increase in the nonemployee driver ranks to these companies.

Hathaway began digging last year into Census Bureau data on nonemployer businesses in the San Francisco area to see if it showed evidence of a boom in new sole-proprietor businesses in rides and lodging (it did!). Now he and Muro have assembled data from all of the country’s 50 largest metropolitan areas. Turns out it’s not just in the Bay Area that independent-contractor driver numbers have been skyrocketing.

If you want to see the employment changes in all 50 metro areas, Hathaway and Muro have them in their report. Also, Joe Cortright of City Observatory has used the data to assemble a list of the metro areas with the largest concentrations of independent-contractor drivers, in case that’s what you’re interested in. But for now, here’s a closer look at one of those metro areas, Los Angeles.
(Also see: Can Uber Conquer Latin America?)

There were 14,543 more people earning money in the ride-providing sectors (to be specific, “taxi and limousine services” and “other transit and ground passenger transportation”) in the Los Angeles area in 2014 than in 2012. That’s not much in terms of overall employment (6.1 million jobs in 2014), but it does seem to indicate a profound change in how Angelenos get around – from driving their own cars everywhere to increasingly letting others drive them. This shift has been reported on in BuzzFeed and the New York Times, and described by Uber using proprietary data, but it’s interesting to see evidence of it from an independent data source.

(Also see: Uber Reportedly Says Wouldn’t Pay More Than $2 Billion for Lyft; Lyft Responds)

In New York, the metro area with by far the most people working in the business of providing rides, there was a 15 percent increase in rides employment from 2012 to 2014. But Uber and Lyft haven’t really transformed how people get around there because so many residents and visitors already relied on taxis and car services before the ride-hailing apps arrived. In California’s big metropolitan areas and a few other metros, on the other hand, the spectacular growth in independent-contractor rides employment seems to indicate that Uber and Lyft have truly created a new market. Most of these metro areas are relatively densely populated with lots of tourists and/or young people, so it may be that the likeliest targets have already been hit. But with 59 percent of San Franciscans reporting in a city survey last year that they never used Uber, Lyft or other ridesharing services, there may still be lots of market growth left to come even there.

© 2016 Bloomberg L.P.

Tags: Uber, Lyft, Ride Hailing App, US, Apps

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