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Posts Tagged ‘ Amazon.com Inc ’

Flipkart CEO says Amazon can’t win e-commerce battle with capital

Tuesday, December 27, 2016 | More »

Binny Bansal
Flipkart and Amazon — the top two e-commerce players in India — are engaged in a fierce battle for supremacy in the country’s fastest growing market. Even after gaining around 80% market share in fashion e-commerce, the market leader Flipkart faces stiff competition from its arch r...

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Flipkart loss widens in FY16, revenue jumps 50%

Flipkart Pvt Ltd, the Singapore-based holding company of India’s largest e-commerce marketplace, reported a wider loss for 2015-16 as it spent more to hold off growing competition from the local unit of Amazon.com Inc. The company posted a net loss of Rs 5,768.8 crore for the year through March 20...

20 December, 2016 | More »

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Amazon injects $296 mn more into India unit

US-based Amazon.com Inc has invested Rs 2,010 crore ($296 million) more in its India unit as it intensifies competition with local rival Flipkart, a media report said on Tuesday. The investment was made last month and is the largest capital infusion into Amazon Seller Services Pvt Ltd so far, The Ec...

20 December, 2016 | More »

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Amazon offers better customer experience than Flipkart: Forrester report

The Indian arm of the US-based online retailer Amazon has been able to offer better customer experience (CX) than its home-grown rival Flipkart in the Indian market where the two ecommerce marketplaces have long been engaged in an intense battle for supremacy, according to a report by Forrester. Acc...

3 November, 2016 | More »

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Amazon plans Singapore launch in early 2017

American online retail giant Amazon.com Inc. is reportedly trying to establish its presence in Singapore, in what could be a step towards tapping the Southeast Asian market. “Amazon is covertly acquiring assets, including refrigerated trucks, and making new hires as part of an initiative led by he...

3 November, 2016 | More »

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Amazon eyes advantage over Flipkart with ‘Global Store’ launch in India

In what could give a huge boost to Amazon India’s efforts to gain dominance in the Indian e-commerce market, the US-based e-tailer has launched its ‘Global Store’ here that will give Indian customers direct access to over 4 million global products. With the launch of the Global store, ...

14 October, 2016 | More »

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Amazon plans grocery stores in US to take on Wal-Mart

US- based etailer Amazon.com Inc., is planning offline grocery stores across the country, according to a media report. A report in The Wall Street Journal (WSJ) citing anonymous sources said that the Seattle-based company founded by Jeff Bezos is also introducing curbside pickup locations, which mea...

12 October, 2016 | More »

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Flipkart to take on Amazon Prime with F-Assured; how is it different from Flipkart First?

Upping the ante in its rivalry with US e-commerce giant Amazon, Indian online retailer Flipkart on Friday launched Flipkart Assured, a programme that customers can use to avail free delivery within two to four days for products that cost more than Rs 500. The move came barely weeks after Amazon last...

19 August, 2016 | More »

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Exclusive: Snapdeal explores merger talks with Flipkart, Amazon

Snapdeal, India’s second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon to explore a possible merger that could realign the country’s e-commerce industry. Two people directly aware of the development said that Snapdeal is open to a merg...

18 August, 2016 | More »

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Amazon to set up six new fulfilment centres

The India unit of e-commerce giant Amazon.com Inc. will set up six new fulfilment centres in the country before the festive season later this year to ramp up its warehousing capacity, as it raises its challenge to local rivals Flipkart and Snapdeal. The new centres will come up in Chennai, Coimbator...

7 July, 2016 | More »

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