Have you read these stories?

Arvind Subramanian's dos and don'ts for an economy in peril

It will be a very difficult economic year. We should brace ourselves for a sharp decline in growth, he said.

Amazon

04 June, 2020, 04:01 AM IST

SEARCHED FOR:

AMAZON

Flipkart owner not surprised by Facebook’s Jio investment

Last month, Facebook had bought 9.9% stake in Jio Platforms for Rs 43,574 crore, making it the largest minority shareholder in the holding firm of Reliance Industries’ digital businesses including Reliance Jio Infocomm.

Big brands unmask a hot new sales category

Amazon and Flipkart have asked apparel brands and suppliers to up their production of masks. For a...

Behind Amazon’s HQ2 fiasco: Jeff Bezos was jealous of Elon Musk

​​Then in 2017, an Amazon executive sent around a congratulatory email laudin...

  • E-commerce marketplaces including Snapdeal, Amazon and Flipkart have approached the government through industry body Ficci seeking a reversal of the budget proposal.

    Amazon has been luring eateries with competitive commissions as a part of its larger plan to build a comprehensive product portfolio.

    Nambiar joins the 650-odd store retail major with over 30 year experience in Hindustan Unilever India and Colgate. He was earlier with Colgate in his last assignment where he was the president for Asia-Pacific region and was also the chairman for Indian operations. He takes over the responsibility from Sumeet Narang who is the founder and managing director at Samara Capital.

    Amazon first launched PFS in India in June 2019 in nine cities and within a year, the company said in a statement it has been able to expand this programme to more than 100 cities.

    Buying patterns are largely getting dictated by life’s travails under lockdown, major online marketplaces and retail chains say. Denied the comfort of domestic help doing the cleaning, and/or the cook doing lunches and dinners, the relatively better off are buying more labour-saving household devices that get the job done.

    E-grocers BigBasket and Grofers, ecommerce firms Amazon and Flipkart, as well as B2B platforms Jumbotail and Udaan cautioned consumers and kirana stores to expect delayed deliveries as they deal with operational upheaval caused by the restriction on manufacturing and movement of goods, and people.

    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.

    India’s No. 2 retailer by turnover, Future is seeking a valuation of about $281 mn from Amazon for 10% stake.

    Biyani is trying to prop up his supermarket empire besides ensuring his grocery stores has enough stock.

    Union Minister Piyush Goyal on Thursday said the government is committed to ensure uninterrupted supply of essential goods to the public. In...

    Contactless delivery means that an ecommerce or food package is prepared, packed and delivered under the strictest health and safety standards and procedures designed to minimise or eliminate contact between the delivery partner and the end consumer.

    According to a senior industry executive, who did not wish to be named, e-commerce companies are finding it difficult to procure passes for their logistics and delivery staff separately for each state. The person said the process is time-consuming and instead the government can look at alternate mechanisms like digital identity checks.

Load More...
x

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service