MAM
eBay India announces its first global transaction
BANGALORE: Online marketplace eBay India, formerly Baazee.com, has announced its first global transation since its recent launch. Dr. Vineet Srinivasan, Illusions India, a dentist with a passion for ecommerce sold a diamond solitaire to Mark Baugh from Dallas, Texas in USA, a media release says.
Avnish Bajaj, Country Manager, eBay India was present on the occasion to felicitate the first Indian seller who traded internationally
Says Bajaj, “We applaud the entrepreneurial spirit of Indian sellers who have made a great beginning of selling products internationally. Dr. Srinivasan was the first of 378 Indian sellers who have sold to buyers from 31 countries since the launch of eBay India. In fact, 16 items sell to international buyers every hour on eBay India. We see a lot more global trade taking place in the future.”
Baazee.com was re-launched as eBay India on 24 March, marking the final integration of Baazee’s technology platform with eBay’s platform. With this, Indian users got access to the eBay global marketplace. Buyers and sellers in India now have access to a global trading community of 135 million users in 33 markets worldwide, the release adds.
Global trade on eBay is all trade on the eBay platform between sellers and buyers who live in different countries and thus, the goods cross international borders. Currently, global trade GMV (Gross Merchandise Volume) on eBay is $4.2 billion.
Digital
Galgotias apologises after AI summit robot sparks backlash, blames ‘ill-informed’ representative
University says no intent to misrepresent innovation
NEW DELHI: Galgotias University has issued a formal apology after a controversy over a robotic dog displayed at the India AI Impact Summit led to scrutiny, backlash and the university’s exit from the venue.
In a statement released on Tuesday, the university said it “apologises profusely for the confusion created” at the summit, attributing the episode to an “ill-informed” representative manning its pavilion. The individual, it said, was unaware of the product’s technical origins and was not authorised to speak to the media.
The controversy erupted after online users identified the robotic dog as the Unitree Go2, a commercially available model made by Unitree Robotics, contradicting claims made during the event about its development.
Galgotias said there was “no institutional intent to misrepresent this innovation” and reiterated its commitment to academic integrity and transparency. It added that it had vacated the stall in line with organisers’ sentiments.
Events at the summit venue, Bharat Mandapam, took a dramatic turn as electricity to the Galgotias pavilion was cut, followed by barricades being installed around the stall. A video circulated by PTI showed workers at the site saying they were acting on instructions from their supervisor.
Summit organisers have yet to issue a detailed public explanation outlining the sequence of decisions that led to the stall’s shutdown, even as the incident fuels wider debate around claims, verification and accountability at high-profile technology showcases.
