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Posts Tagged ‘ Jeff Bezos ’

You can now sell used goods on Amazon India

Tuesday, January 3, 2017 | More »

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Amazon India has introduced peer-to-peer sales of used goods, wherein a user can sell products on its platform by registering as an individual seller. The pilot is currently operational in Bengaluru. The programme, called ‘pick-pack-and-pay’, comes after Amazon introduced the sales of us...

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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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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 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 claims first successful drone delivery in just 13 minutes

Amazon completed its first successful drone delivery last week in Cambridge in flat 13 minutes of placing the order. The delivery was made as part of the beta testing for Amazon’s Prime Air service that claims to deliver packages up to five pounds (2.6 kg) in 30 minutes or less using small drones....

15 December, 2016 | More »

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Amazon rolls out Launchpad to support startups in India

US-based Amazon.com Inc’s India subsidiary has launched its global programme for startups, Amazon Launchpad, in the country. Indian startups can market their products under this programme to Amazon customers across the country and the world through an e-store, the company said in a statement on Mo...

6 December, 2016 | More »

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Flipkart, Amazon score closely on e-commerce rankings: RedSeer

Online e-commerce giants Amazon India and Flipkart were neck and neck in terms of ranking, with the latter a few points ahead in RedSeer Consulting’s E-tailing Leadership Index (ELI). On overall rankings for October 2016, Flipkart was placed at 97, while Amazon India came in at 94. Amazon India lo...

29 November, 2016 | More »

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Flipkart claims victory over Amazon in October sales

Home grown e-commerce giant Flipkart claims that it has beaten global heavyweight Amazon in terms of sales in the all-important festive month of October. Both e-commerce marketplaces ran special sale events during the month to establish a leadership position. Flipkart claims that it witnessed six ti...

2 November, 2016 | More »

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India’s e-commerce story is just beginning, will continue investing: Amazon

Claiming a significant three-fold jump in sales in the month of October from last year, e-commerce heavyweight Amazon said it would continue investing big in India as it considers the market very early in its e-commerce trajectory. US-based Amazon, which started operations in the country in June 20...

1 November, 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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