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Amazon India expands category portfolio, launches Fresh Flower Store

Wednesday, February 1, 2017 | More »

Amazon India expands category portfolio, launches Fresh Flower Store
Further expanding its product categories, e-commerce major Amazon has partnered with a number of flower retailers to launch Fresh Flower Store, which offers flower bookings and deliveries across five cities in the country. The store offers over 1,500 products from about 10 flower sellers including F...

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Flashback 2016: Amazon in pole position as revenue surges, capital flows in

When Amazon looks back at its journey in India, 2016 might stand out as the year when it turned the tables on arch-rival Flipkart. From narrowing the gap with India’s e-commerce numero uno to making and committing mammoth investments, it seems the Jeff Bezos-led company is now setting the stag...

29 December, 2016 | More »

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Flipkart, Amazon to bet big on fashion in 2017

Indian e-commerce heavyweights Flipkart and Amazon India are aggressively focusing on the high-margin fashion segment as they aim for profitability in the long run. Both Amazon India and Flipkart are expanding their private labels in addition to exploring more exclusive brand partnerships to open up...

28 December, 2016 | More »

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eBay India revenue triples, losses widen in FY16

The Indian arm of US-based online selling platform eBay Inc has reported a three-fold rise in revenue and a wider loss for the financial year 2015-16. The company reported losses of Rs 262 crore for the year ended March 2016 versus Rs 172 crore in the same year-ago period, a report in The Economic T...

27 December, 2016 | More »

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Amazon India losses double in FY2016

Online retail giant Amazon.com Inc.’s India unit saw its losses more than double in the financial year 2015-16 as it spent heavily to hold off competition from Indian e-commerce giant Flipkart. Amazon India’s losses for the fiscal year ended March 2016 soared to Rs 3,572 crore from Rs 1,...

26 December, 2016 | More »

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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’s Kindle launches ebooks in five Indian languages

Amazon’s e-book reader Kindle will now support content in Hindi, Tamil, Marathi, Gujarati, and Malayalam. With the move, the US-based Amazon’s Kindle will enter the growing digital regional content market in India, said the company in its official blog on Thursday. “We are adding thousands...

2 December, 2016 | More »

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Amazon India introduces in-house private fashion label Myx

E-commerce giant Amazon India has launched its second in-house private fashion label, ethnic wear brand for women Myx, as it looks to grow its apparel offerings. The development was reported by The Economic Times, citing Arun Sirdeshmukh, Amazon India’s fashion head. An email query to Amazon India...

1 December, 2016 | More »

Flipkart

Flipkart to enter groceries, furniture segments; to sell Make-in-India products

Home grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. The firm intends to scale the grocery business operations over a three-year period, Binny Bansal, Flipkart’s chie...

21 November, 2016 | More »

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Flipkart revises commission fees, launches new loyalty programme for sellers

Following Amazon India, e-commerce major Flipkart has also revised the commission fees of the sellers on its platform. It has also launched a new loyalty programme for sellers. Sellers will be rated and bracketed into three categories – gold, silver and bronze – and will be provided benefits suc...

11 November, 2016 | More »

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