Goldiam International launches B2B e-commerce website in the US

At around 1:09 PM, the company's stock was trading 0.43% higher at Rs235 per piece on the BSE.

Jan 08, 2021 01:01 IST India Infoline News Service

Goldiam International's stocks were trading in the green in the afternoon's trading session on BSE at around Rs235.45 per piece up by 0.62%.

The company announced earlier during the day that it has completed a soft launch for a B2B e-commerce website catering to a new market segment within the US retail Jewelry industry.

This comes after the company completed the acquisition of Eco-Friendly Diamonds LLP, a successful CVD diamond growing company.

The company had successfully beta tested the website before launching it.

"With this, the Company hopes to create new avenues for a digital push and secure more business on more favorable payment terms and higher margin profile," it said.

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