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AMAZON IN INDIA
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- India’s audio streaming apps pivot to 'hybrid' model to drive paid subscriptionsThe landscape of audio streaming in India is undergoing a transformation with a dynamic hybrid model gaining traction. Services are blendin...
- Amazon Music widens India play beyond Prime amid audio streaming shakeoutIn an exciting development, Amazon Music is set to unveil a new strategic initiative in India, offering a trio of subscription options: fre...
- Prime Video, Amazon MX Player merge to create India’s largest originals streaming platformAmazon Prime Video is integrating Amazon MX Player to create India's largest streaming destination, combining free and paid content. This m...
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayFlipkart is set to enter India's booming entertainment market. The e-commerce giant plans to sell movie and concert tickets. This move pits...
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayWalmart-owned Flipkart is set to enter India's burgeoning movie and concert ticket market, aiming for a May launch. This move into the fast...
- Amazon sees India as a long-term bet with significant headroom for e-commerce growth, says India VPAmazon sees India as a key long-term investment. E-commerce is just beginning here, with significant room to grow. The company is investing...
- Amazon Pay India top up; GST summons for egaming firmsAmazon has pumped Rs 600 crore in its local fintech unit Amazon Pay India. This and more today’s ETtech Top 5.
- Amazon tops up India payments business with Rs 600 croreAmazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company inv...
- NCLT notes Amazon Wholesale (India) and service provider should try settlement in insolvency disputeThe National Company Law Tribunal has asked Amazon Wholesale (India) Private Ltd and Multiplier Brand Solutions Pvt Ltd to try settling the...
- RBI imposes Rs 3.06 crore penalty on Amazon Pay (India) for violation of normsThe central bank, however, added the penalty is based on deficiencies in regulatory compliance and not intended to pronounce upon the valid...
- Amazon India wholesale unit revenue jumps 26% in FY22, losses tripleAmazon Wholesale India’s operational revenue had dropped 70% in FY20 from FY19. The wholesale unit sells goods and services to sellers and ...
- Amazon infuses Rs 650 crore in Amazon Wholesale (India)The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. Amazon has been aggressively i...
- Amazon Pay India's loss narrows by 18.8% in FY21Revenue from operations rose 30% to Rs 1,716 crore in FY21 from Rs 1,315 crore, while expenses at Rs 3,295 crore was flat against Rs 3,234 ...
- Timeline: Amazon’s India journey under Jeff BezosAmazon has doubled down on its India business in recent years, after losing the e-commerce battle in China to local rivals.
- At Rs 2,800 cr, Amazon commits only a third of its 2018 fundingHowever, experts say with infra already in place, requirements for capital would have been less.
- Amazon Retail India plans to enter 60 smaller citiesCo lining up small delivery centres in tier II-III cities for hub-&-spoke supply.
- Amazon Retail India gets Rs 10.5 croreAmazon has committed to invest up to $500 million in its food retail business, for which it has kicked off a pilot in Pune.
- Amazon infuses Rs 341 crore into Amazon Wholesale IndiaThe infusion from Amazon Corporate Holding Singapore and Amazon.Incs Malaysia made in May takes the total capital infused to Rs 756 crore, ...
- Amazon is India's most trusted online shopping brand: SurveyWorld's largest e-retailer Amazon is India's most trusted online shopping brand followed homegrown Snapdeal and Flipkart, a survey said.
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