New Delhi: Led by Amazon and Flipkart, e-tailers in India achieved a record $3 billion (nearly Rs 19,000 crore) of Gross Merchandise Value (GMV) in the first six days of the festive sale from September 29-October 4, a new report said on Tuesday. Walmart-owned Flipkart and Amazon dominated 90 per cent of the market share […]
Bengaluru: Amazon India on Saturday announced the Great Indian Festival – Diwali Special sale which will bring deals and offers on a wide range of items, including smartphones, laptops, cameras, large appliances, kitchen products and more. The special sale will start from midnight on October 21 till 11.59 p.m. on October 25. Prime members can […]
Bengaluru: Xiaomi on Thursday announced that it has achieved a record-breaking sale of over 5 lakh Mi TVs in 24 days starting September 28. According to the company, this milestone is achieved across Diwali With Mi on mi.com, Flipkart, Amazon and all offline channels. Mi TV is the highest-selling TV on Amazon and Flipkart during […]
Seattle: Amazon’s net sales hit $70 billion in the third quarter, an increase of 24 per cent compared with $56.6 billion in the same period last year, but the e-commerce giant saw its net income decreasing to $2.1 billion compared with net income of $2.9 billion in third-quarter 2018. In after-hours trading on Thursday, Amazon […]
San Francisco: Amazon has said that employing its Alexa voice assistant the company would be partnering with fintech company Paymentus to add a feature which will allow customers to pay bills online or else by voice. The US e-commerce giant made the announcement at the Money 20/20 financial technology conference. The new feature will allow […]
San Francisco: Billionaire philanthropist Bill Gates officially surpassed Amazon CEO Jeff Bezos at world’s richest person on Earth with a net worth of $110 billion — according to the latest Bloomberg Billionaires Index. The Microsoft co-founder had briefly topped Bezos as the world’s richest man last month after Amazon’s lacklustre Q3 results resulted in Bezos […]
Bengaluru: Amazon on Wednesday introduced the Echo Flex, a plug-in smart speaker that saves on space by plugging directly into a standard electrical outlet, in India. Available for Rs 2,999 in online pre-order mode, Echo Flex also has a built-in USB-A port so you can easily charge your phone or other devices, all while using […]
Bengaluru: Amazon India on Thursday announced the latest edition of “Fab Phones Fest” starting December 19 to December 23. Customers can get a host of exciting offers and discounts on smartphones and accessories across top brands like Samsung, OnePlus, Apple, Vivo, OPPO, Huawei, Honor among others. Not only can customers get their favourite smartphone brands […]
New Delhi: An FIR has been filed against retail giant Amazon India by Delhi Sikh Gurdwara Management Committee (DSGMC) chief Manjinder Singh Sirsa for ‘hurting’ Sikh community’s sentiments for letting a seller put up toilet mats for sale with Golden Temple’s image on them, the media has reported. The e-commerce major has earlier faced flak […]
New Delhi: In a major setback to e-commerce giant Amazon ahead of its global CEO Jeff Bezos’ India visit, fair market watchdog Competition Commission of India (CCI) has ordered an enquiry into the operations of both Amazon and Flipkart on multiple counts, including deep discounts and exclusive tie-up with preferred sellers. Finding merits in the […]
New Delhi: Amazon India must have had anticipated nationwide protests from industry bodies like the Confederation of All India Traders (CAIT) as Jeff Bezos arrives in India for a three-day visit but the sudden probe by the Competition Commission of India (CCI) over deep discounting and preferential listings on both Amazon and Flipkart has come […]
New Delhi: Praising Amazon CEO Jeff Bezos for his comment that 21st century will be India’s century, software major Infosys founder Narayana Murthy on Wednesday said the responsibility of making that prediction come true rests squarely on our shoulders. “Nearly 85 per cent of India’s business output comes from the unorganized sector, about 10 per […]
New Delhi: In a major announcement showing Amazon’s support for Indian MSMEs, CEO Jeff Bezos on Wednesday said that the company would invest $1 billion in digitising small and medium businesses (SMBs) on its platform in the country. Speaking at the Amazon ‘Smbhav’ event here, he also said that Amazon would support SMBs to export […]
Mumbai: A day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event, Amazon Founder and CEO Jeff Bezos on Friday announced that the e-commerce giant will create 10 lakh new jobs in India by 2025 through continued investments in technology, infrastructure and its logistics network. The new expected jobs is on […]
New Delhi: Amazon Founder and CEO Jeff Bezos on Friday posted a note on the company’s e-commerce website Amazon India, saying “he falls in love with India every time he returns here”, a day after Commerce and Industry Minister Piyush Goyal snubbed him during a public event. “I fall in love with India every time […]
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