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AMAZON BERNSTEIN REPORT
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 ...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
Amazon Fashion’s Next Gen Store logs 3X growth in Gen Z shoppersIn tier-II cities too, the fast fashion store witnessed a 4X rise in customers. This success is an indicator of the way digital platforms a...
Amazon’s largest seller Cocoblu gets set for a quick commerce forayCocoblu Retail, Amazon’s largest seller, has established a new entity for its quick commerce operations to enable the ecommerce giant’s rap...
Amazon India rolls out Bazaar to sell low-cost, unbranded productsET first reported on February 21 that Amazon was onboarding sellers to list unbranded products — including apparel, watches, shoes, jewelle...
Alphabet, Meta ad sales in Q4 unlikely to reflect gen AI investmentsGenerative AI is expected to have a muted impact on the advertising businesses of Alphabet and Meta Platforms as they report Q4 results. Go...
Flipkart leads ecommerce with 48% share, Meesho fastest growing platform: reportAccording to the report, Flipkart's user base grew 21% year-on-year (YoY), Meesho accelerated at 32% while Amazon lagged at 13% user growth...
Flipkart, Amazon, Reliance to corner Indian ecommerce: BernsteinThe country’s ecommerce market is expected to hit $133 billion in size by 2025 against $72 billion in 2022, brokerage firm Bernstein said i...
Why brokerage Bernstein sees Reliance winning India ecommerce war in long runAs per Bernstein, what makes Mukesh Ambani's Reliance the most potent force is primarily a combination of three factors — largest retail st...
Delhivery’s ecommerce shipments market share slips to 21% in FY23Delhivery's market share is expected to further fall to 19% by FY30, according to a report by brokerage firm Bernstein.
Now, Amazon to shut its wholesale distribution business in IndiaCalled Amazon Distribution, the business operates in Bengaluru, Hubli and Mysore. This is the third business Amazon has shut in India in th...
Amazon to shut India edtech business starting next yearAmazon started its edtech business during the Covid-19 pandemic, offering courses in math and science targeted at students preparing for th...
Amazon to shut food-delivery business in India from December 29Amazon started its food delivery business in select pin codes of the city in 2020 and gradually scaled it across most of Bengaluru.
Amazon India to delist top seller Appario, renews JV with FrontizoIn a joint statement, the two parties said the joint venture has been renewed for three years but Appario will cease to be a seller on both...
Amazon India report card ‘decidedly mixed’ despite $6.5 billion investmentAmazon has made headway with customers in metros and tier 1 cities, Bernsetein said in its report, but faces “immense competitive pressure”...
Amazon India's growth has come at a high cost while profitability remains elusiveIndia is often the dream prized market of many global internet companies, yet also one of the most challenging to unlock -- just ask the Ch...
Exclusive: Flipkart in line for a 50% rise in its annualised GMV at $23 billionThis year's GMV run-rate indicates more than 50 per cent growth year on year for the Walmart-owned ecommerce giant even as the sector remai...
Amazon Pay now allows you to buy from local stores & pay via QR codeThis initiative aims to encourage customers to visit small stores, which have seen a reduction in footfalls due to the Covid-19 pandemic.
Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into oneRIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
Unchecked personal ambitions ailing private lenders: Gautam Chhugani, BernsteinThe government needs to work on incentive structures within state-owned banks: Chhugani.