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Amazon vs Flipkart: Jeff Bezos led eretailer pumps Rs 2,600 crore in India marketplace biz
Wed, May 09, 2018
Amazon founder Jeff Bezos has committed investments to the tune of USD 5 billion for the Indian market. During a recent investor call, Amazon CFO Brian Olsavsky had said the company would continue to invest in India as it sees great progress with both sellers and customers here.
Flipkart sale: Amazon.com offers to buy 60 percent stake, even as WalMart offer simmers
Wed, May 02, 2018
Flipkart sale: Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources. Amazon also offered Flipkart a breakup fee of $2 billion, the TV channel reported.
Flipkart-WalMart deal talk: It is not about Jeff Bezos led Amazon
Mon, Apr 30, 2018
Flipkart, in which Walmart has proposed to take a major stake, has a lot to learn from Walmart in terms of work culture and operations, while Walmart can take a leaf or two out of Flipkart’s book in innovation.
With Flipkart, J Sainsbury, Walmart attempts turnaround after losses
Mon, Apr 30, 2018
Walmart Inc`s urgency to stem market share losses to rivals around the world is driving it to partner with local players in the UK and India, even as it scales back in some other markets like Brazil.
Chetan Bhagat signs 6-book deal with Amazon Publishing
Sat, Apr 28, 2018
According to a statement by the publishing company, the deal includes three fiction and three non-fiction books to be published globally in print, eBook and audio formats over the course of next five years. While being excited for the deal, the bestselling author of 'Five Point Someone' and '2 States' promised to reveal the details later
The richest man in the world just got a lot richer thanks to a record surge in this stock
Fri, Apr 27, 2018
The Q1 results showed the broad strength of the company, which has been expanding far beyond shipping packages, the business that drew the ire of US President Donald Trump.
How Flipkart, Amazon home, cash on delivery options knocked out this business
Tue, Apr 24, 2018
Discounted online sales of products of direct sellers without their consent on platforms like Flipkart, Amazon, SnapDeal and Shopclues is making significant dents on their business, according to India Direct Selling Association (IDSA).
TCS now $100 bn company, joins global biggies club; Apple to Microsoft, check out top 5
Tue, Apr 24, 2018
Tata Consultancy Services (TCS) has joined the league of 60-odd firms world over that have crossed the coveted $100 billion mark in terms of market capitalisation. The IT giant missed to close above this mark by a whisker. Take a look at world's top 5 most profitable firms:
Next step: Amazon.com bets big on India's eating habits to do well
Mon, Apr 23, 2018
India`s e-commerce market is tipped to grow to $200 billion in a decade, according to Morgan Stanley, as cheap mobile data makes online shopping increasingly accessible. And Amazon, which already has over 100 million registered users in India, is looking to cash-in on the opportunity. "We want to get the next hundred million customers shopping with us," said Agarwal, adding that Amazon plans to woo new clients with product exchange and staggered payment offerings.
OnePlus 6 launch in India not faraway; Amazon makes registration page live
Sun, Apr 22, 2018
After large number of leaks and videos, looks like the launch of OnePlus 6 is very close in India, as now even e-commerce giant Amazon has introduced a registration page for the Android phone exclusively on their platform.
This is when Flipkart sale to Walmart could happen; Amazon.com set to lose race
Sat, Apr 21, 2018
Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, two sources familiar with the matter said on Friday
Flipkart sale may be a snap deal for Walmart; here is how
Fri, Apr 13, 2018
A deal with Flipkart would step up Walmart’s battle with Amazon.com for a bigger share of India’s fledgeling e-commerce market, which Morgan Stanley estimates will be worth $200 billion in a decade. As per media reports, Amazon is exploring a possible counter offer for Flipkart.
Motorola 45th Anniversary sale at Amazon; Discounts on Moto G5, Moto G5S, Moto Z2 Play, and others
Tue, Apr 10, 2018
Some of the handsets that are available at a discounted price are Moto G5 at Rs 8,420 (MRP Rs 11,999), Moto G5 Plus at Rs 9,990 (MRP Rs 15,999). Other discounts include Moto G5S 32GB at Rs 9,999 which was originally priced at Rs 13,999, during the time of launch. Likewise, the Moto G5S Plus is available at Rs 14,499 (MRP Rs 16,999).
Last day for Amazon's 'Go Honor World Carnival' sale; latest phones have best deals
Sun, Apr 08, 2018
The 'Go Honor World Carnival' sale has begun since April 04 on Amazon, and is available till April 08, 2018.
Amazon arm to create New-Age tech workforce in India
Sat, Apr 07, 2018
On the other hand, global Cloud services platform Amazon Web Services (AWS), a subsidiary of Amazon.com, started on the mission long back to prepare an industry-ready workforce and nurture start-ups in the country. According to a senior AWS executive, the company is working very closely with the entire accelerator and incubator space in India
Amazon jobs India: 4,000 vacancies open for hire, says ecommerce major
Wed, Apr 04, 2018
Amazon in India is locked in an intense battle for market leadership with homegrown player, Flipkart that is backed by the likes of SoftBank and Tiger Global. Both the players have pumped in millions of dollars towards building infrastructure, logistics and marketing activities in the country to get more people to shop online.
Amazon.com may offer to buy Flipkart, even as ecommerce major talks to Walmart
Wed, Apr 04, 2018
A deal with Walmart is more likely to go through, according to people with knowledge of the matter, a report said. Amazon declined to comment while Flipkart did not immediately respond to a request seeking comment. Walmart is in talks to buy a stake of over 40 percent in Flipkart, a direct challenge to Amazon in Asia`s third-largest economy
Amazon sacked 60 staff in India? Report 'incorrect', says company, only a 'small number' impacted
Tue, Apr 03, 2018
Amazon has contested the claims saying "reports stating 60 people (being fired) is factually incorrect and overstated". "As a global organisation, we have recognised the need to more organise our teams to keep us agile and help us use our resources optimally. This has impacted a small number of roles within the company," an Amazon India spokesperson said in an emailed statement.
Instagram drops its Apple Watch app
Tue, Apr 03, 2018
According to 9to5mac, "there is no mention of the Apple Watch app being pulled in the release notes which only mentions the typical bug fixes and improvements, but updating to version 39.0 on iPhone removes Instagram for Apple Watch when paired". The report noted that the development was likely because of a new restriction that Apple was enforcing.
How China can help India take a giant leap in Artificial Intelligence
Mon, Apr 02, 2018
Measured by start-up financing deals and dollars from venture capitalists, the United States` AI start-up ecosystem currently dominates -- followed by China, says a recent Accenture analysis titled "Rewire for Growth". When it comes to India, the number of AI start-ups has increased since 2011 at a compounded annual growth rate of 86 per cent .