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Posts Tagged ‘ Amazon Inc ’

After Flipkart, now Amazon sees top-level exits in India

Friday, January 6, 2017 | More »

Projesh Kundu and Kinjal Choudhary
Two top-level executives at US-based e-tailer Amazon.com Inc’s India subsidiaries quit in December 2016. Kinjal Choudhary, senior director and country head of human resources at Amazon India, and Projesh Kundu, director of operations at Amazon Logistics, left the company in November 2016, their Li...

Amit_Agarwal

Amazon to go all out in 2017, up India investments

Amazon is planning to ramp up its investment in India in the new year as it continues to take on home-grown e-commerce players Flipkart and Snapdeal. Amit Agarwal, Amazon’s India chief, in an interview with The Economic Times said the firm “will demonstrate massive scale in 2017,” investing he...

22 December, 2016 | More »

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Amazon unveils Prime Video in India, aims to take on Netflix

US-based ecommerce giant Amazon Inc launched of its video streaming service Amazon Prime Video in India. It will offer Amazon Prime members in India, a selection of “new release Bollywood and regional Indian blockbusters, Hollywood movies and day-after-broadcast of US TV shows and kids’ programm...

14 December, 2016 | More »

Alibaba

Why Alibaba wants to invest in competing Indian e-tailers

Chinese e-commerce titan Alibaba Group Holding Ltd seems to be fixated on acquiring interests in Indian e-commerce majors, especially those that directly compete with its global rival Amazon Inc. After backing Snapdeal and Paytm, recent news reports suggest that Alibaba is making a beeline to invest...

4 February, 2016 | 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 »

Adam Hartung

Bigger is not always better – why Amazon is worth more than Walmart

This week an important event happened on Wall Street. The value of Amazon (about $248 billion) exceeded the value of Walmart (about $233 billion). Given that Walmart is the world’s largest retailer, it is pretty amazing that a company launched as an online book seller by a former banker only 21 ye...

27 July, 2015 | More »

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Amazon adds professional services to US marketplace, push-button ordering kit Dash for essentials

Global e-com giant Amazon.com Inc has moved beyond product and digital goods sales adding on-demand professional services marketplace to its existing site in the US offering anything a TV repair to even an option to hire a ‘goat grazer’! Unlike product sales where again Amazon operates a...

1 April, 2015 | More »

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Amazon goes hyper-local in India; linking neighbourhood kirana stores to consumers

Global e-com giant Amazon, which runs an online marketplace in India, has launched an express delivery platform in partnership with mom-and-pop stores called ‘KiranaNow’. It has launched the service in Bangalore on a pilot run before taking it to other cities in the country. Notably this...

26 March, 2015 | More »

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Flipkart vs Amazon: how they stack up in India

The big daddy of online commerce in India hit a new milestone bagging a record $1 billion in fresh funding. In less than 24 hours of this announcement, the one thousand pound gorilla of selling things online Amazon followed it up with $2 billion in fresh investment commitment in India. Mind you, in ...

30 July, 2014 | More »

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On the flip side, Amazon to pump additional $2B in India

World’s largest e-tailer Amazon Inc, which runs an e-commerce marketplace in India through Amazon.in, has announced that it will invest an additional $2 billion (around 12,000 crore) to support its rapid growth in India. This comes just a day after home-grown giant Flipkart announced a record $...

30 July, 2014 | More »

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