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Tag: amazon video

How Instagram changed the way we shop, Retail News, ET Retail

By Sarah HalzackThe first year of the decade now drawing to a close — the following headline appeared above a modest 445-word article on a tech-industry website: “Instagram Launches With the Hope of Igniting Communication Through Images.” It’s an almost comically quaint description of exactly what the company has done over the past nine years. …

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India growing the fastest globally for Amazon’s Fire TV platform, Retail News, ET Retail

NEW DELHI: India has emerged as the fastest-growing market for Amazon’s content-streaming Fire TV platform, and the company is now looking to partner local companies to have the device pre-built into televisions. The American e-commerce and technology giant has partnered homegrown Onida for its first set of Fire TV edition smart TVs, and plans to …

India growing the fastest globally for Amazon’s Fire TV platform, Retail News, ET RetailRead More

eBay to sell StubHub for $4 billion to Swiss rival, Retail News, ET Retail

SAN FRANCISCO: US online giant eBay agreed to sell its ticket marketplace StubHub to Swiss-based rival Viagogo for $4.05 billion in cash, the two firms announced Monday. The move will allow Viagogo, which already sells tickets for live sport, music and entertainment events, to boost its footprint to more than 70 countries around the world. …

eBay to sell StubHub for $4 billion to Swiss rival, Retail News, ET RetailRead More

Amazon, Flipkart lead in B-school hiring, Retail News, ET Retail

NEW DELHI: In the hunt for talent on Indian campuses, early trends show Amazon as the top recruiter among ecommerce and tech companies with Walmart-owned Flipkart following closely. At the National Institutes of Technology (NITs), where final placements are underway, Amazon is ahead. It also leads in summer placement offers at the Indian Institutes of …

Amazon, Flipkart lead in B-school hiring, Retail News, ET RetailRead More

A law in the making to guard ecommerce consumers, Retail News, ET Retail

Ecommerce firms and their vendors could face penalties if they violate the proposed rules for protecting consumers on ecommerce platforms. The ministry of consumer affairs is looking to add a section detailing the penalties in the upcoming Consumer Protection (ecommerce) Rules, a senior government official told ET. The ministry earlier extended the deadline for stakeholders …

A law in the making to guard ecommerce consumers, Retail News, ET RetailRead More

Losses not from discounting, but due to investments, Flipkart, Amazon tell DPIIT, Retail News, ET Retail

KOLKATA | BENGALURU: Flipkart and Amazon have told the government they incur losses in Indian operations due to investments into building the business and technology, and not because they fund predatory pricing as alleged by offline trade lobbies, two senior industry executives said. India’s two largest ecommerce marketplaces have communicated to Department for Promotion of …

Losses not from discounting, but due to investments, Flipkart, Amazon tell DPIIT, Retail News, ET RetailRead More

Paytm Mall’s losses contract 35% in FY19, revenue up 25%, Retail News, ET Retail

BENGALURU: Paytm Mall, the e-commerce marketplace unit of Paytm, reported a 35% reduction in losses to Rs 1,171 crore in the year ended March 31. The company reported a loss of Rs 1,806 crore in the previous financial year. Paytm Mall saw revenue jump 25% to ?968 crore in FY19, from Rs 775 crore in …

Paytm Mall’s losses contract 35% in FY19, revenue up 25%, Retail News, ET RetailRead More

Singapore-based e-commerce platform Qoo10 acquires ShopClues in all-stock deal, Retail News, ET Retail

NEW DELHI|BENGALURU: Online marketplace ShopClues is being acquired by Singapore-based e-commerce platform Qoo10 in an all-stock deal bringing to an end a prolonged hunt by the Indian e-tailer for a buyer. The transaction is learnt to have valued ShopClues at $70-100 million, according to three sources aware of the developments, in what is possibly the …

Singapore-based e-commerce platform Qoo10 acquires ShopClues in all-stock deal, Retail News, ET RetailRead More

Amazon pumps in over Rs 4,400 crore in India business, Retail News, ET Retail

NEW DELHI: The US-based Amazon is pumping in over Rs 4,400 crore (more than USD 600 million) in its various units in India including marketplace and food retail to provide them more ammunition to compete against arch-rival Flipkart. Amazon, which is locked in a battle against Flipkart, had registered cumulative losses of over Rs 7,000 …

Amazon pumps in over Rs 4,400 crore in India business, Retail News, ET RetailRead More

E-shoppers load festive carts with affordable goods, Retail News, ET Retail

BENGALURU: The value of merchandise sold by Flipkart and Amazon during the recent month-long festival sales may have fallen short of analysts’ estimates, marginally, while the number of units sold were in line with industry expectations, according to multiple people aware of the specifics. The slight dip in this year’s projected gross value of sales …

E-shoppers load festive carts with affordable goods, Retail News, ET RetailRead More