Amazon Business
E-Commerce
Amazon sets up kiosk for order pick up , return in Maha Kumbh Mela area
PTI -
The kiosk will provide Maha Kumbh Mela attendees a resting area with chairs, drinking water, mobile phone charging station, first aid kits etcNew Delhi: E-commerce firm Amazon India has set up a kiosk in the Maha Kumbh fair area...
E-Commerce
Amazon inks pact with UP govt’s ARGA initiative to support women entrepreneurs
PTI -
As part of this partnership, Amazon will support women-led enterprises by offering training in digital marketing, performance marketing, product listing optimisation, and advertising strategiesNew Delhi: Amazon India on Sunday said it has signed a memorandum of understanding (MoU) with...
E-Commerce
Amazon exits Shoppers Stop; sells 4% stake for Rs 276 cr
PTI -
Amazon, through its investment arm Amazon.com NV Investment Holdings, sold nearly 44 lakh shares in Mumbai-headquartered Shoppers StopNew Delhi: Global e-commerce giant Amazon on Wednesday exited retail chain Shoppers Stop by selling a 4 per cent stake in the...
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Amazon affirms commitment to enabling $80 bn exports from India by 2030
PTI -
The new vision of Amazon marks a scale-up from the target so far of $20 billion by 2025New Delhi: E-commerce major Amazon on Tuesday pledged its commitment to enabling $80-billion in cumulative exports from India by 2030.The new vision...
E-Commerce
Amazon narrows losses by 28% to Rs 3,470 crore
In the previous fiscal year Amazon's total losses stood at Rs 4,854 crore
New Delhi: Amazon has narrowed its net losses in India by 28% to Rs 3,470 crore for the fiscal year 2023-24 compared to the previous fiscal year...
E-Commerce
Amazon India records high growth in premium product sales across categories during festival period
PTI -
The company recorded 10-times growth in Apple iPad sales and five-times growth in Samsung tablets during the Amazon Great Indian Festival (AGIF) 2024New Delhi: Demand for premium products across categories, including television, smartphones, and large appliances, dominated the Diwali...
Latest News
Amazon Wholesale India narrows loss to Rs 342 crore in FY24, Amazon Pay narrows loss to Rs 911.2 crore
PTI -
The company had posted a loss of Rs 615.7 crore in 2022-23New Delhi: Amazon's B2B arm Amazon Wholesale (India) has reported narrowing of loss to Rs 342.3 crore in 2023-24 on a year-over-year basis, according to a report released...
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Focused on customers, not competition; Prime proposition ‘resonates’ with users in India: Amazon
PTI -
The e-commerce giant is upbeat on India's prospects buoyed by the rapid pace of economic growth and digitisationNashville: Amid the rise of quick commerce companies in India, Amazon said it is sharply focused on customers, not competition, and that...
Latest News
Amazon India registers 25% YoY growth in home, kitchen and outdoors business in Assam
PTI -
The company also affirmed its commitment to continue expanding its association with local producers and provide them the market linkagesGuwahati: E-commerce giant Amazon India on Friday said it has registered double-digit growth of 25 per cent YoY across the...
E-Commerce
Amazon, India Post sign MoU to boost nationwide delivery capabilities
Under the MoU, Amazon and India Post will synchronise operations to maximise efficiencies, optimise resource utilisation, and explore capacity sharing across their logistics networksBengaluru: E-commerce major Amazon India and the Department of Posts (India Post) have signed a strategic...
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Indian startups raise $1.65 bn in Feb; median valuation at $83.2 mn
This brings the total funding in FY25 (April-February) to $25.4 billion, spread across 2,200 roundsNew Delhi: Indian startups raised...
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