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Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Amazon exits Shoppers Stop; sells 4% stake for Rs 276 crore

Wed, Dec 18, 2024

Global e-commerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4 per cent stake in the company for Rs 276 crore through an open market transaction.

Amazon’s Bengaluru Blitz: 15-minute delivery shakes up QC; Swiggy, Zomato fall up to 4%

Amazon’s Bengaluru Blitz: 15-minute delivery shakes up QC; Swiggy, Zomato fall up to 4%

Wed, Dec 11, 2024

Amazon India is set to debut its 15-minute delivery service in Bengaluru, sparking competition in the quick commerce market and impacting shares of Swiggy and Zomato.

Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Amazon pledges enabling USD 80 billion exports from India by 2030; partners DPIIT

Tue, Dec 10, 2024

E-commerce giant Amazon on Tuesday announced its commitment to enable USD 80 billion in cumulative exports from India by 2030 and said it has partnered with DPIIT to establish India as a global manufacturing hub.

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Coronavirus Update: Amazon pauses sellers' loan repayments amid COVID-19 virus spread

Coronavirus Update: Amazon pauses sellers' loan repayments amid COVID-19 virus spread

Thu, Mar 26, 2020

Coronavirus Update: Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them.

COAI asks Netflix, Amazon Prime Video, others to take steps to ease network pressure

COAI asks Netflix, Amazon Prime Video, others to take steps to ease network pressure

Mon, Mar 23, 2020

Anticipating a spike in online video streaming demand amid lockdown and quarantine measures to contain the spread of coronavirus, COAI has urged the government to issue immediate instructions to streaming platforms like Netflix, Amazon Prime Video, and others to initiate measures that will ease pressure on network infrastructure, which is needed for "critical" functions at this juncture

'Apple Days' sale returns on Amazon

'Apple Days' sale returns on Amazon

Wed, Mar 18, 2020

Potential customers can get iPhone X series at its lowest price ever, with iPhone XS Max being available at Rs 69,900 and iPhone XS (512 GB) at Rs 79,900. Prime members can avail an additional discount of Rs 2,000 and Rs 3,000 on both the models respectively.

Amazon ups restrictions on sellers of hand sanitisers, masks

Amazon ups restrictions on sellers of hand sanitisers, masks

Fri, Mar 13, 2020

Amazon has started putting more restrictions on sellers of these goods on its third-party marketplace platform in order to control the prices of face masks and hand sanitizers.

This is how Google has blocked Amazon's smart TV dream

This is how Google has blocked Amazon's smart TV dream

Thu, Mar 12, 2020

Marc Whitten, VP and GM, Amazon`s Fire TV, said recently: "We don`t expect them to only use our services or our software. We think that partners should be able to pick the solutions that work for them, which may actually vary between lines of TVs, or different categories of devices and territories. I think that diversity of options is a really good thing".

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Yes Bank crisis: Do online transactions? Alert! Swiggy, Flipkart, others scrap UPI payments option

Fri, Mar 06, 2020

Payments on several digital platforms have been hit after restrictions were imposed on Yes Bank by the the Reserve Bank of India (RBI). The bank is one of the biggest back-end solution platforms for making UPI payments.

Not just you, Monday blues also hamper your Amazon delivery

Not just you, Monday blues also hamper your Amazon delivery

Mon, Mar 02, 2020

Strategies include increased staffing on Mondays (or any day returning from a break, including holidays), fewer Monday meetings and non-fulfillment activities, better training, additional pay or mood-lifters such as free coffee or motivational talks, and double-checking Monday work.

2 Amazon workers infected with COVID-19, Twitter restricts travel

2 Amazon workers infected with COVID-19, Twitter restricts travel

Mon, Mar 02, 2020

Amazon spokesperson Drew Herdener said that the company was "supporting the affected employees, who were in Milan and are now in quarantine", a New York Times report said on Sunday, which confirmed the two cases.

False coronavirus cure claims: Amazon bars 1 million products, says no place for price gouging on platform

False coronavirus cure claims: Amazon bars 1 million products, says no place for price gouging on platform

Fri, Feb 28, 2020

The coronavirus has caused at least 2,797 deaths globally. New reported infections around the world now exceed those from mainland China, where the flu-like disease arose two months ago out of an illegal wildlife market. Governments from Australia to Iran have closed schools, scrapped events and stockpiled medical supplies to contain the virus`s spread.

Coronavirus effect: Amazon warns sellers against steep price hike of face masks

Coronavirus effect: Amazon warns sellers against steep price hike of face masks

Thu, Feb 27, 2020

Amazon has alerted merchants from charging exorbitant pricing for face masks amid the deadly novel coronavirus outbreak.

Amazon, Flipkart issue: Stricter rules soon to regulate e-commerce; check out 8 that will make customer king

Amazon, Flipkart issue: Stricter rules soon to regulate e-commerce; check out 8 that will make customer king

Mon, Feb 24, 2020

Government likely to bring new rules for e-commerce players by 1 April, sources tell Zee Business' Sameer Dixit. Move to protect consumer interests

Amazon removing products that claim to cure coronavirus

Amazon removing products that claim to cure coronavirus

Sat, Feb 22, 2020

E-commerce giant Amazon has warned sellers to remove them from amazon's platform as they were selling wrong products claiming to cure the novel coronavirus

Axis Bank debit card, credit card users alert! Get up to 15% discount at Amazon

Axis Bank debit card, credit card users alert! Get up to 15% discount at Amazon

Fri, Feb 21, 2020

Axis Bank debit card and credit card owners have a great opportunity to get a discount of up to 15 per cent at Amazon Pantry Saturday Saver offer.

Amazon paid $0 worth dividends in 2019 while Walmart paid $12 bn!

Amazon paid $0 worth dividends in 2019 while Walmart paid $12 bn!

Wed, Feb 19, 2020

Walmat spent $11.8 billion on dividends in 2019 while Amazon paid nothing to Wall Street investors, despite generating $13 billion more than Walmart in cash.

Amazon, Flipkart challenge new Indian tax on online sellers

Amazon, Flipkart challenge new Indian tax on online sellers

Sat, Feb 15, 2020

Amazon and Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms.

Oppo Reno 3 Pro India launch set for March 2

Oppo Reno 3 Pro India launch set for March 2

Fri, Feb 14, 2020

The smartphone was recently spotted on Amazon India and Flipkart, meaning it will be available for purchase via both the e-commerce sites. To recall, the Oppo Reno 3 Pro variant was launched in China back in December last year.

Amazon CEO Jeff Bezos buys Warner Estate in Beverly Hills for a record $165 million, WSJ reports

Amazon CEO Jeff Bezos buys Warner Estate in Beverly Hills for a record $165 million, WSJ reports

Thu, Feb 13, 2020

Amazon Chief Executive Jeff Bezos, the world`s wealthiest person, has bought the Warner Estate in Beverly Hills from media mogul David Geffen for $165 million, the Wall Street Journal reported on Wednesday.

Amazon Echo Show 8 to cost you Rs 12,999 in India: Here is when it is launching

Amazon Echo Show 8 to cost you Rs 12,999 in India: Here is when it is launching

Wed, Feb 05, 2020

Amazon is set to improve its smart speaker portfolio in India with the launch of Echo Show 8 later this month. In a statement on Wednesday morning, the e-commerce giant confirmed that the new speaker will be launched in the country on February 26.

TDS deduction for big e-tailers, relief for small traders: FM

TDS deduction for big e-tailers, relief for small traders: FM

Sun, Feb 02, 2020

Further tightening the noose on global ecommerce giants like Amazon and Walmart-owned Flipkart, the Indian government has announced mandatory TDS deduction on e-commerce transactions for the participants on the e-marketplaces

Amazon Sale 2020: Holiday sales jump as one-day shipping pays dividends, stock up 13%

Amazon Sale 2020: Holiday sales jump as one-day shipping pays dividends, stock up 13%

Fri, Jan 31, 2020

Amazon Sale 2020: Amazon.com Inc on Thursday posted holiday quarter results well above expectations.

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