On Wednesday, the world’s largest e-commerce Amazon, inaugurated its largest campus in Hyderabad. The campus is a prodigy of exceptional architecture and is equipped with all the facilities. The new campus in Hyderabad is the only corporate outside the US Amazon has. Home Minister of Telangana Mohammed Mahmood, Industries and IT Secretary Jayesh Ranjan, Amazon […]
Amazon’s Online Food Service to Launch soon
Ahead of India’s month-long festive season, starting September, Amazon is planning to start its own food delivery service. The food industry is currently dominated by local startup Swiggy that counts Sequoia as an investor. It is rumored that the E-Commerce giant will partner with Catamaran, founded by Narayana Murthy to add restaurant deliveries to Prime […]
Amazon plans to take over Uber Eats India
Amazon India is in talk with the prominent food order and delivery app Uber Eats for a potential buyout. Although, the talks are at the early stage and the two sides are keenly looking for an alliance in the business. Amazon India is looking forward to expand its footprint in India through its business. The […]
Amazon enters real estate market, collabs with Realogy
Amazon reportedly partnered with America’s biggest residential real estate broker Realogy, making its entrance in the real estate market. Under the Turnkey program, Amazon will refer its customers to a Realogy real estate agent, upon closing the deal, the customers can use up to $5,000 in Amazon services. Based upon the deal amount, Amazon stated […]
Amazon to shut down its domestic marketplace in China
As per the sources, Amazon.com Inc is looking forward to shut down its domestic marketplace in China by mid-July. It is aiming at expanding its presence by selling overseas goods and cloud services in the world’s most populous nation. Thus, the people shopping from Amazon in China will be unable to buy goods from third-part […]
Amazon’s plan to take over the shipping industry could turn into FedEx’s worst nightmare?
Albeit the news surmounting FedEx’s plans to re-strengthen its relationship with Amazon, there is also a wave of skepticism about the business tie, amongst the shipping industry. Amazon, although, has a staggering share of revenue in FedEx’s business, the company was quick in defending that the online retail brand wasn’t its biggest customer. A statement […]
New e-commerce rules – Are there no more online shopping days ahead?
In an effort to make online retailing a fair platform for all e-commerce firms, the government on Wednesday, brought in new, strict guidelines. Barring online sellers including Amazon and Flipkart from selling exclusive-only products, the rules aim at prohibiting the practice of controlling product prices, thereby cutting off on exclusive offers and discounts. The instructions […]
Haier India and other tech giants enhancing the customer service with facial recognition
With the world continuously becoming more digitally inclined, the role AI in taking over our lives has not been unfettered. A part of AI, facial recognition technology has been widely used for quite some time now. Be it corporates, biometrics, criminal studies, and several industries, facial recognition has made an immense impact on the practice […]
Increased growth, losses and expenditure – Flipkart’s big game in the online retailing sector
In what seems an irony, Flipkart India Pvt Ltd, the country’s largest online retailer saw the losses rise nine times in 2017-2018. Owned by US based Walmart Inc., the company’s marketplace unit, Flipkart Internet Pvt Ltd narrower losses comparatively along with a noticeable increase in growth, as per the regulatory documents from Tofler and Paper.VC. […]
India’s Big Billion Days: Flipkart aims to double the size of electronic sales
Ahead of the festival season, Flipkart ̶ one of the India’s leading e-commerce giant ̶ is forging partnerships with key players like Xiaomi and Blaupunkt, expecting to take electronic sales to a new height, while competing with online retailers like Amazon and Snapdeal. Sandeep Karwa, head of electrical appliances, Flipkart, said that the company is […]