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Posts Tagged ‘ Amazon.com ’

Amazon unveils hyperlocal grocery delivery app, to dabble in used goods

Wednesday, February 3, 2016 | More »

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Online marketplace Amazon India on Wednesday started a hyperlocal grocery delivery service via an app in a development that could intensify competition for startups such as Grofers, LocalBanya and PepperTap. The local arm of Amazon.com Inc. launched its Amazon Now app that offers two-hour delivery f...

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Amazon crosses $100B mark in annual sales

NASDAQ-listed Amazon.com, Inc crossed the $100 billion mark in annual sales for the first time in its 20-year history during the year ended December 31, 2015, it said in a press release. The company’s annual net sales increased 20 per cent to $107 billion from $89 billion in 2014. While Amazon’s...

29 January, 2016 | More »

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Housejoy raises $22.4M from Amazon, others

Home services marketplace Housejoy, run by Sarvaloka Services On Call Pvt Ltd, has raised Rs 150 crore ($22.4 million) in a Series B round of funding from a group of investors led by e-commerce giant Amazon, it said on Wednesday. Other investors who participated in this round include Temasek’s...

16 December, 2015 | More »

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Amazon overtakes Flipkart as most visited Indian e-com site: comScore

E-commerce giant Amazon Inc said on Monday it has become the most visited e-commerce site in India beating local rival Flipkart in the month of October citing comScore data. It said Amazon.in clocked 30 million unique visitors during the month ahead of Flipkart.com, Jabong.com and Snapdeal.com. A ye...

14 December, 2015 | More »

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Delhi High Court orders probe into 21 e-commerce firms

The Delhi High Court has ordered the government to investigate 21 e-commerce companies for possible violations of India’s foreign direct investment (FDI) norms. The order came on a petition filed by an industry body earlier this year demanding a government probe into all major e-commerce websites ...

20 November, 2015 | More »

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Amazon opens seven new fulfilment centres in India

To beef up its logistics operations ahead of the festive season, global online retailer Amazon today said it has set up seven new fulfilment centres (FCs) across cities like Ahmedabad, Delhi, Kolkata and Mumbai. Amazon now has 20 FCs operational across 10 states covering a total area of over 1.6 mil...

9 September, 2015 | More »

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Mobile shopping is the future, but can’t let go of laptops yet

While the merits and demerits of going app-only continue to hog headlines, merchants selling on top e-commerce platforms seem to be cagey about junking their website presence. A cross section of sellers that techcircle.in spoke to believe that their order books would shrink by 10-15 per cent if any ...

4 September, 2015 | More »

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InMobi ties up with Amazon and Paytm for India launch of discovery-led mobile commerce platform

SoftBank-backed mobile ad technology company InMobi Pte Ltd has joined hands with Amazon India, mobile wallet Paytm and others for the India launch of Miip, its new platform for discovery-led mobile commerce. Miip, which has an animated green monkey as mascot, engages users by suggesting products to...

6 August, 2015 | More »

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Amazon scales past Wal-Mart and Alibaba as most valued retailer after Q2 earnings surprise

Amazon.com Inc posted a positive earnings surprise in the second quarter ended June 30, 2015 which set its share price on fire helping it scale past Wal-Mart and Alibaba as the most valued retailer. Wal-Mart is the largest retailer by sales while China’s Alibaba is the world’s top e-com...

24 July, 2015 | More »

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Financial services portal BankBazaar raises $59M from Amazon, Fidelity and others

Chennai-based A & A Dukaan Financial Services Pvt Ltd, which sells third-party financial services products through the online platform BankBazaar.com, has raised Rs 375 crore ($59.1 million) in Series C funding from e-commerce giant Amazon and other investors. Fidelity Growth Partners and Mouss...

2 July, 2015 | More »

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