Amazon becomes second company after Apple to hit $1 trillion market value

Reuters Inc on Tuesday briefly joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its ....

5 September, 2018

Amazon Q2 profit soars to record on cloud computing, advertising

Reuters Inc forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer's ....

27 July, 2018

Amazon sells 100 mn products globally on Prime Day; market cap hits $900 bn


Online shoppers purchased more than 100 million products worldwide during Inc’s  annual Prime Day sale this ....

19 July, 2018

Amazon deposits more money into Indian digital payments arm

Vijayakumar Pitchiah

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of the global e-commerce major, has received a fresh funding infusion ....

17 July, 2018

Amazon cloud unit may sell own networking switches in challenge to Cisco


Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Inc's cloud services ....

16 July, 2018

Amazon adopts new policy to promote board diversity

Reuters Inc on Monday said it is adopting a new policy to promote diversity in its board of directors, saying that women and ....

15 May, 2018

Amazon plans to launch brick-and-mortar food outlets in India

Binu Paul

Ecommerce major Amazon has sought the Indian government's approval to open food-only physical outlets combined with an online ....

16 February, 2017

'Large' India investment weighs on Amazon Inc's bottom line

Dearton Thomas Hector

US-based Amazon Inc's loss from international business widened to $487 million for the quarter ended 31 December 2016 compared ....

3 February, 2017

Amazon expands grocery delivery service in India to 14 cities

Dearton Thomas Hector

The Indian unit of Inc has increased the number of cities where it delivers grocery and household items to 14, the ....

27 January, 2017

Flipkart, Amazon drop $1 bn Souq acquisition bid: Report

Team TC

US-based Inc and Indian online retailer Flipkart have dropped a bid to acquire Middle East-based horizontal e-commerce ....

18 January, 2017

Flipkart CEO says Amazon can't win e-commerce battle with capital

Arti Singh

Flipkart and Amazon -- the top two e-commerce players in India -- are engaged in a fierce battle for supremacy in the country's ....

27 December, 2016

Flipkart loss widens in FY16, revenue jumps 50%

Binu Paul

Flipkart Pvt Ltd, the Singapore-based holding company of India's largest e-commerce marketplace, reported a wider loss for 2015-16 ....

20 December, 2016

Amazon injects $296 mn more into India unit

Dearton Thomas Hector

US-based Inc has invested Rs 2,010 crore ($296 million) more in its India unit as it intensifies competition with ....

20 December, 2016

Amazon plans Singapore launch in early 2017

Dearton Thomas Hector

American online retail giant Inc. is reportedly trying to establish its presence in Singapore, in what could be a step ....

3 November, 2016

Amazon offers better customer experience than Flipkart: Forrester report

Binu Paul

The Indian arm of the US-based online retailer Amazon has been able to offer better customer experience (CX) than its home-grown ....

3 November, 2016

Amazon eyes advantage over Flipkart with 'Global Store' launch in India

Binu Paul

In what could give a huge boost to Amazon India's efforts to gain dominance in the Indian e-commerce market, the US-based ....

14 October, 2016

Amazon plans grocery stores in US to take on Wal-Mart

Dearton Thomas Hector

US- based etailer Inc., is planning offline grocery stores across the country, according to a media report. A report ....

12 October, 2016

Exclusive: Snapdeal explores merger talks with Flipkart, Amazon

Manu P Toms & Bruhadeeswaran R

Snapdeal, India's second-largest homegrown online retailer, has initiated preliminary talks with staunch rivals Flipkart and Amazon ....

18 August, 2016

Flipkart to take on Amazon Prime with F-Assured; how is it different from Flipkart First?

Priya Prasad

Upping the ante in its rivalry with US e-commerce giant Amazon, Indian online retailer Flipkart on Friday launched Flipkart Assured, ....

19 August, 2016

Amazon to set up six new fulfilment centres

Manu P Toms

The India unit of e-commerce giant Inc. will set up six new fulfilment centres in the country before the festive season ....

7 July, 2016

Can Alibaba still catch up with Amazon in India?

Disha Sharma

When Inc founder and CEO Jeff Bezos announced an additional $3 billion investment in India last week, the aim was not ....

11 June, 2016