| Amazon India Related news |
Amazon to start selling latest Apple products, excluding speaker
Posted on 10th November 2018 |
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Apple Inc. and Amazon.com Inc., two of the world’s most valuable technology companies, struck a deal to get the newest iPhones into the hands of Amazon customers. Amazon said Friday it would begin selling the most-recent iPhone, iPad, Mac computer, Apple Watch and Apple TV models on its website, along with branded accessories and headphones from Apple’s Beats subsidiary. |
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Amazon Alexa now ‘echoes’ from Valley to Kanyakumari
Posted on 9th November 2018 |
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Amazon is betting big to sell its voice-activated artificial intelligence assistant Alexa in the country and woo Indian consumers. The online retail giant said that Alexa had acquired 20,000 skills such as telling cricket score, conducting quizzes and doing utilities to serve Indian customers since last October when it launched Alexa-powered Amazon Echo line of speakers in the country. |
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Flipkart, Amazon not violating competition norms, says CCI
Posted on 8th November 2018 |
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New Delhi: Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors. Amid concerns expressed in various quarters about alleged unfair business ways in the fast-growing online market place, |
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Amazon plans to shift HQ2 in two locations: Long Island City, Crystal City
Posted on 6th November 2018 |
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Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals to put major new offices in Long Island City, New York, and the Crystal City area of Arlington, Virginia, according to the New York Times, which cited unidentified people familiar with the matter. |
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Amazon Pay, ICICI launch new credit card as US firm eyes fintech expansion
Posted on 31st October 2018 |
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Amazon Pay, the online payments processing service owned by the America-based retailing major, has tied-up with ICICI Bank to launch an Amazon Pay ICICI Bank credit card in partnership with Visa. It has planned to majorly expand in the financial technology space and in making digital money more prevalent in tier-III cities and other towns. Amazon Pay says their tie-up would help in greater penetration for ICICI into places where credit card usage is less. |
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Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days
Posted on 30th October 2018 |
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Jeff Bezos is still the world’s richest person, but he’s a lot closer to No. 2 Bill Gates than just a few months ago. The Amazon.com Inc. founder lost $19.2 billion over the past two trading days -- the most ever in that time, according to the Bloomberg Billionaires Index -- amid a global market selloff fueled by fears of further trade tensions. |
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Microsoft hits $823 bn mcap, overtakes Amazon as 2nd most valuable US firm
Posted on 27th October 2018 |
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Microsoft Corp regained its spot as the second most valuable US company on Friday after a disappointing quarterly report from Amazon.com wiped $65 billion off the online retailer's market capitalisation. Apple Inc tops the list at over $1 trillion after crossing that threshold in September. Microsoft's market capitalisation was Wall Street's highest in late 1998 through early 2000 before the dot-com bubble burst. |
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Amazon saw 6% growth in new India customers with recent festive sales
Posted on 26th October 2018 |
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US online retail giant Amazon has said that it witnessed 6 per cent growth in new customer additions in India, thanks to its festive season sales that kicked off in early October. The growth came on the back of yet another quarter of subdued growth in international sales, which includes India, in the quarter ended September. |
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Amazon to deliver smartphones in just 5 hours across Delhi NCR
Posted on 25th October 2018 |
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New Delhi: E-commerce major Amazon India today announced that it is piloting a new delivery service for smartphones in Delhi NCR region. Under the ‘Faster than Same Day’ delivery service available on select best-selling smartphones, Amazon said it will provide delivery within 3-5 hours. |
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