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Posts Tagged ‘ Amazon.com Inc ’

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

Friday, August 19, 2016 | More »

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...


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 »


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 »


Can Alibaba still catch up with Amazon in India?

When Amazon.com Inc founder and CEO Jeff Bezos announced an additional $3 billion investment in India last week, the aim was not only to compete with local e-commerce players Flipkart and Snapdeal. Amazon was also seeking to gain an upper hand before China’s Alibaba Group establishes its prese...

11 June, 2016 | More »


Amazon to ramp up India bet with $3 bn more

Amazon.com Inc founder and CEO Jeff Bezos said the company plans to invest $3 billion more in its India operations, as the US e-commerce giant strengthens its presence to take on domestic rivals such as Flipkart and Snapdeal. The additional planned investment takes the total amount that the company ...

8 June, 2016 | More »


Amazon acquires Noida-based payment gateway EMVANTAGE

E-commerce bellwether Amazon.com Inc has agreed to acquire Noida-based online payment solutions provider EMVANTAGE Payments Pvt Ltd for an undisclosed amount. As part of the acquisition, EMVANTAGE’s employees will join Amazon’s payments team to develop solutions tailored for the Indian m...

16 February, 2016 | More »


Amazon to buy 26% in Tatas-owned publisher Westland

E-commerce giant Amazon Inc has struck a deal to buy a 26 per cent stake in Westland Ltd, a subsidiary of Tata Group’s retail firm Trent Ltd and best known as the publisher of Indian authors including novelists Amish Tripathi and Ashwin Sanghi. Amazon will pick up the stake for Rs 9.4 crore ($1.4 ...

11 February, 2016 | More »


Paytm rolls out Paytm Force service to assist sellers

Mobile wallet and e-commerce firm Paytm has rolled out a service to help small and medium sellers on its platform, as the company looks to expand its marketplace business to better compete with Flipkart, Snapdeal and Amazon. Under the new service, Paytm Force, about 3,000 e-commerce specialist partn...

18 January, 2016 | More »


Amazon leases 30,000 sq ft office space in Mumbai

E-commerce gaint Amazon Inc.’s local arm, Amazon India, has taken on lease over 30,000 square feet of office space at One BKC building in Bandra Kurla Complex area of Mumbai for its corporate headquarters. The e-commerce giant will pay monthly rent of Rs 265 per sq ft, entailing an outgo of Rs...

11 January, 2016 | More »


How big was Amazon’s in-house vendor compared with Flipkart counterpart in FY15

Cloudtail India Pvt Ltd, which is part controlled by Amazon.com Inc and is believed to be the single-largest vendor on its Indian e-commerce marketplace Amazon.in, sold products worth Rs 1,139 crore in the year ended March 31, 2015. Cloudtail, which started operations in the middle of last financial...

30 December, 2015 | More »

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