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Amazon India’s marketplace division sees INR 830 Cr investment from US parent
Amazon Seller Services, the marketplace division of Amazon India, has generated INR 830 crore from its US parent.As a part of this capital injection,...
Amazon Founder Jeff Bezos to sell 50 Million shares by January 31 next year
Jeff Bezos, the founder of Amazon.com, is set to sell 50 million shares in the online retail and cloud services firm over the next...
Govt to sell Bharat brand rice on major e-commerce platforms, targets hoarding with mandatory stock disclosure
On Friday, Sanjeev Chopra, the food secretary, announced that the government plans to introduce the sale of rice under the Bharat brand in the...
Flipkart revives same-day delivery service across 20 cities, taking on Amazon’s Prime model
The same-day ecommerce delivery service, pioneered by Amazon through its Prime subscription model in 2017, has recently witnessed a revival. Joining the fray on...
Following CCPA notice, Amazon removes ‘Shri Ram Mandir Ayodhya Prasad’ sweets from listings
After getting a notice from the Central Consumer Protection Authority (CCPA), Amazon has removed sweets sold under the name 'Shri Ram Mandir Ayodhya Prasad'.The...
CCPA issues notice to Amazon for selling sweets as ‘Prasad’ from Ayodhya Ram Temple
The ecommerce giant Amazon has received a notice from the Central Consumer Protection Authority (CCPA) for marketing sweets online using the name "Shri Ram...
Amazon retains top spot as MSMEs’ preferred platform, reveals ISF Report
The report from the India SME Forum (ISF) highlights the sustained dominance of well-established platforms such as Amazon and Flipkart among MSMEs for sales....
Amazon and Flipkart’s ad revenue hits INR 8,705 Crore in FY23, reflecting a 39% upswing
Ecommerce giants Amazon and Flipkart saw a notable 39% surge in their combined advertising revenue, amounting to INR 8,705 crore for the fiscal year...
Flipkart’s B2C division nears INR 15,000 Cr in sales for FY23, registers reduced net loss of INR 4,026 Cr
Flipkart Internet Private Limited, the B2C division of Walmart-owned Flipkart, saw its operating revenue nearing the INR 15,000 Cr mark in the fiscal year...
Amazon, Walmart, and Target go head to head in race to accelerate delivery speeds
Walmart, Target, and Amazon are deeply invested in the shipping wars, a strategic maneuver acknowledged by retail experts as crucial for maintaining a competitive...
Amazon trials exclusive grocery service for Prime members in select cities
Amazon is currently conducting a trial for an additional grocery subscription service exclusively available to Prime members in three select cities.At a monthly cost...
Walmart ramps up exports from India to reduce dependence on China
Walmart, the worldwide retail powerhouse with ownership of Flipkart and PhonePe, is increasing its export of goods from India. This strategic move aims to...