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Amazon's India investment continues to dent profitability

TMT

02 February, 2018

Amazon's India investment continues to dent profitability

E-commerce giant Amazon.com Inc.’s massive investment in India has become a drag on its margins, with the loss on its ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

TMT

01 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......

Snapdeal in talks with Amazon, Intuit to sell Unicommerce: Report

TMT

29 January, 2018

Snapdeal in talks with Amazon, Intuit to sell Unicommerce: Report

Ecommerce firm Snapdeal has kickstarted discussions to sell technology solutions arm Unicommerce, The Economic Times reported, citing people it didn't ......

Amazon injects another $306 mn into Indian arm

TMT

29 January, 2018

Amazon injects another $306 mn into Indian arm

Amazon Seller Services Pvt. Ltd, the local arm of Amazon.com, has received another Rs 1,950 crore ($306.3 million) as the ......

Snapdeal posts steep fall in FY17 revenue

TMT

25 January, 2018

Snapdeal posts steep fall in FY17 revenue

Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, reported a 26% drop in consolidated revenue for the financial year ......

Amazon's cloud unit buys cybersecurity startup founded by ex-NSA workers

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24 January, 2018

Amazon's cloud unit buys cybersecurity startup founded by ex-NSA workers

Amazon Web Services Inc. (AWS), the cloud computing arm of e-commerce giant Amazon.com Inc., has acquired cybersecurity startup Sqrrl Data ......

Amazon set to open automated grocery store

TMT

22 January, 2018

Amazon set to open automated grocery store

Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, ......

Reload Amazon Pay wallet with cash at your doorstep

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19 January, 2018

Reload Amazon Pay wallet with cash at your doorstep

Jeff Bezos-led Amazon.com Inc.’s Indian arm Friday said it has launched doorstep services to allow customers top-up their Amazon Pay ......

Amazon vs Flipkart: Which e-commerce giant attracts more eyeballs?

TMT

17 January, 2018

Amazon vs Flipkart: Which e-commerce giant attracts more eyeballs?

The past year has seen the rivalry between Amazon and Flipkart further intensify. From funding to shopping extravaganzas, the e-commerce ......

Why point-to-point robots are the future of e-commerce

TMT

15 January, 2018

Why point-to-point robots are the future of e-commerce

Robots that offer point-to-point delivery are poised to become hot sellers for e-commerce companies as businesses look at improving inventory ......

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