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Posts Tagged ‘ Jeff Bezos ’

Amazon rolls out Launchpad to support startups in India

Tuesday, December 6, 2016 | More »

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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...

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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 »

Flipkart

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 »

Jeff Bezos

Jeff Bezos beats Warren Buffett to be the third richest man in the world again

Ecommerce giant Amazon’s founder and CEO Jeff Bezos is the world’s third richest man again pulling down Berkshire Hathaway’s Warren Buffett. On Tuesday, Buffett’s net worth slipped by $1.3 billion, according to Forbes. At the end of trading in the US on Tuesday, Bezos had doubled his lead ov...

15 September, 2016 | More »

Jeff Bezos

Jeff Bezos is now richer than Warren Buffett

Amazon founder Jeff Bezos on Thursday became the third richest person on the planet, going past Berkshire Hathaway promoter Warren Buffett, according to the Bloomberg Billionaire Index, a daily ranking of the world’s wealthiest people. Bezos sneaked past Buffett, but just about. As of July 22,  B...

22 July, 2016 | More »

Alibaba

Alibaba in talks with Delhivery, Xpressbees to build India logistics arm

Chinese e-commerce major Alibaba Group is in talks with two Indian e-commerce logistics firms, Delhivery and Xpressbees, for potential investments to build a strong logistics infrastructure before launching its horizontal marketplace platform in the country. Citing two unnamed people aware of the de...

14 June, 2016 | More »

Alibaba

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 »

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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 »

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