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Tag: units

Amazon pumps in over Rs 1,700 crore into India units

E-commerce giant Amazon has pumped in over Rs 1,700 crore into its payments and wholesale business units in India, as per regulatory documents. According to a PTI report: Amazon Pay India has received Rs 1,355 crore from Amazon Corporate Holdings Pvt Ltd and amazon.com.incs.Limited, regulatory documents filed with the corporate affairs ministry showed. The digital …

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Amazon pumps in over Rs 1,700 crore into India units, Retail News, ET Retail

NEW DELHI: E-commerce giant Amazon has pumped in over Rs 1,700 crore into its payments and wholesale business units in India, as per regulatory documents. Amazon Pay India has received Rs 1,355 crore from Amazon Corporate Holdings Pvt Ltd and amazon.com.incs.Limited, regulatory documents filed with the corporate affairs ministry showed. The digital payment unit allotted …

Amazon pumps in over Rs 1,700 crore into India units, Retail News, ET RetailRead More

Flipkart unit’s losses rise 40% to Rs 1,624cr, Retail News, ET Retail

Bengaluru: Flipkart Internet, the unit which runs the online platform, reported a 40% increase in losses to Rs 1,624 crore for the year ending March 31, 2019 after it was able to cut them by close to 30% in the previous financial year. This signals that the company has started investing for expansion under new …

Flipkart unit’s losses rise 40% to Rs 1,624cr, Retail News, ET RetailRead More