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Amazon on Tuesday announced it will invest US$ 5 billion to build two new headquarters in New York City and Arlington, Virginia.The move will create more than 50,000 jobs across the two new headquarters locations, with more than 25,000...

As the retail industry story unfolds in India, new strategies come to the fore. Recent news of Amazon acquiring a stake in Future Retail is an indication that the strategy will be differentiated given the nature of the market...

E-commerce firm Snapdeal has narrowed its consolidated losses substantially to Rs 613 crore for FY2017-18, as per regulatory documents.According to a PTI report: The company, which competes with larger rivals like Amazon and Flipkart, had posted a consolidated loss...

With festive sales drawing to a close, e-tailing giants Amazon and Flipkart have claimed bumper sale on their platforms, and that they were ahead of the competition, as they received orders from customers from over 99 percent of the...

Amazon.in has announced wave 3 of its biggest festive celebration 'Great Indian Festival'. Starting 12 midnight on November 02, 2018, customers can get the biggest deals on millions of products across smartphones, large appliances and TVs, home and kitchen...

Riding on its Cloud business, retail giant Amazon.com saw its net sales increasing 29 percent to US$ 56.6 billion in the third quarter this year, compared with US$ 43.7 billion in third quarter of 2017.Operating income increased to US$...

Amazon India has announced the pilot of a ‘faster than same day’ delivery service available on an exclusive selection of best-selling smartphones in the Delhi NCR region.Customers can now get their favourite smartphones delivered within 3 to 5 hours....

India's leading e-tailer Flipkart and its American rival Amazon on Thursday claimed record online sales ahead of Dusshera and Diwali festivals."We made a record-breaking business during the five-day sales festival on October 10-14 in diverse categories, including smartphones, electronic...

India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...

Increased buying in smartphones and fashion verticals helped Walmart-backed Flipkart corner over 50 percent share during the first leg of the festive sale, according to research firm RedSeer Consulting.As per RedSeer's latest report, Flipkart had a 51 percent share,...