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Tag: Amazon India

Amazon India to add bus, train, hotel bookings, Retail News, ET Retail

BENGALURU: Soon, you can buy bus tickets, book hotel rooms or even buy a train ticket from Amazon India. The e-commerce major is steadily building a super app-like play in India through its payments platform Amazon Pay. The move comes even as the e-tailer is in process of adding new services that can be availed …

Amazon India to add bus, train, hotel bookings, Retail News, ET RetailRead More

Amazon scales up Accelerator for pvt labels, Retail News, ET Retail

Digbijay Mishra | TNN Bengaluru: Amazon Accelerator, which helps create stealth private labels for small manufacturers along with supplying products for its own brands, is being scaled up in India after a pilot here, two people aware of the matter said. The move comes even as the practice of selling own competing products by top …

Amazon scales up Accelerator for pvt labels, Retail News, ET RetailRead More

Government wants ecommerce companies to make kiranas part of their growth story, Retail News, ET Retail

NEW DELHI | KOLKATA | BENGALURU: The government wants to better understand accounting practices at Amazon, the online giant’s investment pipeline and how it plans to engage with small retailers. This was among the subjects of discussion between commerce minister Piyush Goyal and Amazon India head Amit Agarwal when they met on Tuesday, said people …

Government wants ecommerce companies to make kiranas part of their growth story, Retail News, ET RetailRead More

From sustainable packaging to deliveries through EV, how Amazon India is mitigating climate change, Retail News, ET Retail

Meticulous packaging to ensure a safe delivery with no damage to the product is one of the primary goals of an e-commerce company. To achieve this, huge amounts of plastic in the form of tapes and bubble wraps have been used for hardcore packaging. However, since plastic is one of the biggest known threat to …

From sustainable packaging to deliveries through EV, how Amazon India is mitigating climate change, Retail News, ET RetailRead More

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET Retail

NEW DELHI: Amazon Seller Services, the online marketplace arm of the e-commerce giant in India, has narrowed its loss to Rs 5,685 crore for 2018-19. This is a 9.5 per cent decrease from the last financial year, when the company had posted a loss of Rs 6,287.9 crore, as per documents sourced by business intelligence …

Amazon India’s e-comm arm narrows FY19 loss to Rs 5,685 crore, Retail News, ET RetailRead More

Early Diwali may hit Amazon’s Q4 growth, Retail News, ET Retail

Bengaluru: Amazon’s international sales growth rate might be impacted in the final quarter of this financial year as parts of Diwali sale happened in the third quarter this year. The festive sale had taken place in the fourth quarter last year, said Amazon CFO Brian Olsavsky. He was speaking to analysts after the announcement of …

Early Diwali may hit Amazon’s Q4 growth, Retail News, ET RetailRead More

Amazon India, Railways tie up on transport of e-commerce packages, Retail News, ET Retail

BENGALURU: Amazon India on Wednesday announced that it has partnered with the Indian Railways for a pilot programme to carry out inter-city transport of e-commerce packages. Amazon India would transport customer packages with the Railways on three routes from New Delhi to Mumbai, Mumbai to New Delhi and New Delhi to Kolkata, the company said …

Amazon India, Railways tie up on transport of e-commerce packages, Retail News, ET RetailRead More

Cloudtail’s topline up 25% at Rs 8,945 crore, Retail News, ET Retail

Bengaluru: Cloudtail, one of the largest sellers on Amazon India, reported a 25% increase in its revenues to Rs 8,945 crore, while also swinging back to a profit of Rs 29 crore in FY19, according to MCA filings obtained from Tofler. Cloudtail had reported a loss of Rs 4 crore in FY18 after posting a …

Cloudtail’s topline up 25% at Rs 8,945 crore, Retail News, ET RetailRead More

Akshaya Patra to auction Amazon’s items to fund girl children, Retail News, ET Retail

BENGALURU: The Akshaya Patra Foundation (APF) on Thursday conducted an open auction of 30 items donated by Amazon India at an event in Bengaluru on Thursday. The two organisations came together to raise funds for the cause of girl child, and the Foundation will conduct some more auction in the coming days. Amazon India‘s house-on-wheels …

Akshaya Patra to auction Amazon’s items to fund girl children, Retail News, ET RetailRead More