E-tailers to lose 40% sales from February 2019: CRISIL report

Payal Ganguly

As e-commerce players look to restructure their businesses to comply with the revised foreign direct investment norms by 1 February ....

15 January, 2019

Amazon Pay rolls out doorstep KYC verification for wallet users

Payal Ganguly

Amazon Pay has started making doorstep visits to verify its users’ Know Your Customer (KYC) details. The digital wallet ....

11 January, 2019
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Amazon’s Rajeev Rastogi on how machine learning is solving delivery, payment issues

Anand J

With more than 100 million users registered on its platform, Amazon knows what Indians buy and how one region differs from another. ....

7 January, 2019

After revised FDI policy, Amazon to seek legal advice on food retail business

Binu Paul

Amazon India is mulling to seek legal opinion on the functioning of Amazon Retail India Pvt. Ltd (ARIPL), the global company's ....

31 December, 2018

Amazon’s wholesale arm sees revenue surge, losses widen in FY18

Vijayakumar Pitchiah

Amazon Wholesale India Pvt. Ltd, the wholesale business-to-business arm of e-commerce giant Amazon, has seen its operating revenue ....

26 December, 2018

Amazon's global growth slows in Q3, later Diwali cited as a factor

Reuters

Amazon.com Inc forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth ....

26 October, 2018
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Online lender Capital Float acquires personal finance app Walnut

Payal Ganguly

Bengaluru-based digital lending platform Capital Float has acquired personal finance management app-maker Walnut for $30 million ....

21 August, 2018

Govt asks Amazon to set up servers in India, stop cross-border movement of data

Payal Ganguly

IT and communication minister Ravi Shankar Prasad said Amazon India has been asked to set up servers in the country on an urgent ....

14 August, 2018

Amazon invests in India food retail arm after expanding grocery service

Shweta Sharma

E-commerce giant Amazon has invested $1.5 million (Rs 10.5 crore) in Amazon Retail India, the global company's food retail ....

8 June, 2018

Online insurance startup Acko raises $12 mn led by Amazon

Dearton Thomas Hector

Mumbai-based online insurance startup Acko General Insurance Co. Ltd has raised $12 million (around Rs 80 crore) in a new round ....

28 May, 2018
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Amazon pumps nearly $400 mn into Indian arm ahead of Walmart-Flipkart deal

Shweta Sharma

E-commerce giant Amazon has pumped Rs 2,600 crore (around $393 million) into its Indian unit ahead of local rival's Flipkart ....

9 May, 2018

'Indianised' execution has driven our success: Amazon's Pillai at TechCircle Live

Binu Paul

Localised execution on both customer and seller fronts has played a key role in e-commerce giant Amazon's success in the Indian ....

3 May, 2018

Amazon India sheds some jobs, more lay-offs may follow

Shweta Sharma

E-commerce giant Amazon.com Inc. has started laying off a small portion of its India workforce since last week as part of a global ....

3 April, 2018

Amazon India expands category portfolio, launches Fresh Flower Store

Binu Paul

Further expanding its product categories, e-commerce major Amazon has partnered with a number of flower retailers to launch Fresh ....

1 February, 2017

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

Binu Paul

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. ....

29 December, 2016

Flipkart, Amazon to bet big on fashion in 2017

Binu Paul

Indian e-commerce heavyweights Flipkart and Amazon India are aggressively focusing on the high-margin fashion segment as they ....

28 December, 2016

eBay India revenue triples, losses widen in FY16

Varun Arora

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 ....

27 December, 2016

Amazon India losses double in FY2016

Arti Singh

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 ....

26 December, 2016

Amazon to go all out in 2017, up India investments

Dearton Thomas Hector

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 ....

22 December, 2016

Amazon's Kindle launches ebooks in five Indian languages

Priya Singh

Amazon's e-book reader Kindle will now support content in Hindi, Tamil, Marathi, Gujarati, and Malayalam. With the move, the US-based ....

2 December, 2016

Amazon India introduces in-house private fashion label Myx

Priya Prasad

E-commerce giant Amazon India has launched its second in-house private fashion label, ethnic wear brand for women Myx, as it looks ....

1 December, 2016