Amazon growing grocery biz, says India head
Amazon plans to achieve its goal through a combination of formats including Amazon Fresh and Amazon Pantry and delivery of daily items from brick-andmortar outlets of partner retailers More, Future Group. The long-term goal for Amazon is to turn India into the largest overseas subsidiary for the Seattle-based company.
Amazon teams up with Onida, will soon unveil Fire TV edition smart devices in India
The Fire TV edition smart TVs were first introduced by Am...
Retailers feeling the heat opt for advancing sales
Ecommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to...
OnePlus celebrates 6 year-anniversary with up to Rs 10K discount on 7 Pro, 7T
The sale that began on Friday will go on till December 17.
CCI approves Amazon.com's investment in Future Coupons
The CCI has given nod to Amazon.com's proposal to acquire about 49 per cent share in Future Coupons.
Autos to tea stalls: UPI makes inroads
Given the low payment infrastructure cost, UPI is bridging the gap between organised retail and small merchants, which is resulting in shrinking of the average transaction size.
Personal Data Protection Bill: Exemptions for government agencies worry experts
The new Bill was cleared by the Union Cabinet last week and shared with Members of Parliament on Tuesday. It is expected to be tabled in the Lok Sabha on Wednesday. The government could exempt its agencies from the law governing processing of personal data, citing national security. The Bill adds that certain provisions will not apply to the govt.
Data localisation is fine, but build encryption standards: Werner Vogels, VP & CTO Amazon
Data-driven analytics and datadriven decision-making are “around the corner”, Werner Vogels, VP and chief technology officer at Amazon ET on the sidelines of Amazon Web Services’ annual developer conference — re:Invent. Vogels said voice as an interface, autonomous mobility in trucks and machine learning on the Cloud will dominate technology in the next few years.
Wall Street dips on lack of fresh update on trade talks
The three main stock indexes opened higher, extending gains from the previous session, but lost steam in the first hour of trading.
Amazon India halts ‘search-seeding’, denies deploying tools favouring merchant listings
The step comes at a time when e-tailers are facing rigorous regulatory scrutiny over various practices, particularly over having lopsided contracts favouring some merchants. A merchant, who sells independently on the marketplace and also supplies to Amazon-backed seller firms, said he has used seeding to improve search results.
Season Two Ventures looks to raise $100 million
Season Two Ventures will make about 30 investments from this fund, starting with an initial cheque size of $500,000 to $1 million, and invest about $1 million in additional capital later on, to scale up the ventures.
To share user data or not? Tech companies not on same page
Cos aren’t on the same page over the issue of sharing non-personal, or anonymous, information with govt.
Alexa, did I upset you? Amazon wants its voice assistant to be emotionally intelligent
The digital assistant’s emotional intelligence extends to its listening ability, too.
Landmark Group introduces cash-and-carry furniture to spur growth
The home furnishing chain, which currently has 50 stores in 27 cities, also cited longer replacement cycles as reason for low sale of durable big-sized furniture such as three and five-seater sofa sets. The cash-and-carry category will sell small furniture options such as side-tables and petite chairs for nooks and corners of rooms to create impulse shopping.
Govt to push MSME-made goods through e-tailers
On the B2B side, the proposed platform will also provide funds and have access to cash flows, helping buffer businesses against shocks. Funding and payments have been a major area of concern for MSMEs and the government is looking at models that can help MSMEs.
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