Amazon propels its offline strategy after Facebook-Jio deal
Amazon said on Thursday it was growing its ‘Local Shops on Amazon’ initiative to enable offline stores to do more business through their platform. And the company expects more brick-andmortar stores to leverage the online marketplace as they rejig their models once the country is back up post the lockdown.
British retailer Tesco & Tata infuses fresh capital into JV, Trent Hypermarket
British retailer Tesco Plc is taking another shot at the India...
Google drops charges on shopping service to counter Amazon's surging ad sales
The move is the latest effort by Google to reinvigorate its Sho...
Ecommerce companies seek more time for 1% TDS levy
The ecommerce entities, including Amazon.com and Walmart-owned homegrown etailer Flipkart, have said they need time to upgrade IT systems in order to enable them to collect the 1% tax deduction at source (TDS) from sellers, a senior government official said.
Coronavirus lockdown: Ecommerce cart in fast lane, but may lose steam
Brisk sales of smartphones, laptops, tablets, kitchen and home appliances—in the week since all items were permitted to be sold online—have brought sales back to about 70% of pre-Covid levels, multiple executives told ET.
Amazon not doing a favour by investing $1 billion: Piyush Goyal
Amazon CEO Jeff Bezos, who is on a visit to India, said on Wednesday that Amazon will invest another $1 billion in the country to help small and medium businesses sell their products, seen as an attempt to bridge differences with brick-and-mortar retailers. The amount adds to the $5 billion Amazon has pumped into India since 2013.
Covid-19 Impact: Kids wear shopping sees big spurt after lockdown relaxation
Companies including Arvind Fashions, Flipkart, Amazon, Madura Fashion & Lifestyle, Puma, Myntra, Bestseller India and Snapdeal have seen sales from the segment nearly treble, making them one of the top sellers since the last phase of relaxation in lockdown rules.
Covid-19 impact: Curbs on e-commerce upset Amazon’s cart in India
Amazon’s India business is operating at less than 10% of its gross merchandise value.
Non-essentials may get etail off ventilator
The opening up of major metros for online sales will provide a big fillip to the industry, which still derives 70% of sales by value from the top 10 cities.
E-commerce players see strong demand for non-essential goods from red zones
E-commerce platforms saw a significant impact on their business during the lockdown, given that grocery segment accounts for a small portion of online sales. Sales of non-essential items on e-commerce platforms in the first week of May, after sales of such items were allowed in green and orange zones, were lower than last year on account of the lockdown.
As govt eases lockdown norms, e-commerce ready to load cart with ‘non-essentials’
Amazon, baby products retailer Firstcry and beauty portal Nykaa were among those which began full-fledged operations on Monday, following the Centre’s directives aimed at unshackling the economy in the fourth phase of the nationwide lockdown to stem the spread of Covid-19.
Govt starts desi version of Flipkart and Amazon e-retail chain for rural India
The plan is being led by the Common Service Centres, the rural digital arm of the Centre.
Covid-19 impact: Amazon India is urging govt to allow delivery of all types of goods
Amazon India is urging the Govt to allow delivery of all types of goods.Times Now's Heena Gambhir with details.Covid-19 impact: Amazon India...
Future’s ‘sabse saste din’ sale to debut on Amazon
Reflecting a broadening of the alliance, Future Group’s ‘Sabse Saste Din’ sale will feature on Amazon.in.
Founders of Amazon partner in India breached terms on loans
The founding family of Future Group is in talks with their creditors to fix the problem.