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Flipkart unveils loyalty programme to counter Amazon Prime

Amazon launched Prime, its global loyalty programme that offers free, faster shipping and free music and video streaming services, in India in 2016.

Aug 02, 2018, 13:19 PM IST

Amazon makes bid to spoil Walmart-Flipkart deal: Report

The news underscores how Amazon is focused on winning India`s fledgling e-commerce market, and the offer could be a ploy to block Walmart from bringing its expertise in logistics and supply chain management to Flipkart, people familiar with the matter said.

May 03, 2018, 17:44 PM IST

Amazon may offer to buy Flipkart: Reports

Walmart is in talks to buy a stake of over 40 percent in Flipkart, a direct challenge to Amazon in Asia`s third-largest economy.

Apr 04, 2018, 10:41 AM IST

Amazon buys startup Ring in $1 billion deal to run your home security

Ring is set to be one of Amazon`s most expensive takeovers, after its $13.7 billion deal last year for Whole Foods Market.

Feb 28, 2018, 10:18 AM IST

Amazon studio executive Joe Lewis resigns

Amazon said Sharon Tal Yguado, who is the head of event series, will replace Lewis in the interim.

Oct 24, 2017, 09:24 AM IST

Amazon sends accidental gift email to shoppers due to glitch

A number of recipients, however, reported on social media that they were not expecting a child.

Sep 20, 2017, 09:52 AM IST

Amazon refunding customers who bought 'unverified' eclipse glasses

E-commerce giant Amazon is offering refunds to customers who purchased eclipse glasses from the platform and warned them not to use the spectacles to view the total solar eclipse that will occur on August 21.

Aug 14, 2017, 16:32 PM IST

Amazon to start food retail biz in India this Diwali

Amazon has planned to invest $500 million in the food segment, over and above the $5 billion it had already committed to investing in India.

Aug 08, 2017, 11:02 AM IST

Amazon picks its first Australian warehouse, a step towards launching

US retail giant Amazon.com unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world`s 12th-largest economy.

Aug 03, 2017, 12:06 PM IST

Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state

Amazon has yet to detail its plans for the wider region and a spokeswoman declined to comment. 

Jul 29, 2017, 16:53 PM IST

Amazon.com on pace to break sales record for 'Prime Day'

The world`s largest online retailer said customers ordered more than three times as many Echo-family speakers than during Prime Day 2016, which at the time broke records for Amazon devices.

Jul 12, 2017, 09:36 AM IST

Amazon wins India's approval to invest in domestic food retail

Online retail giant Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy where it is in a pitched battle with home-grown rival Flipkart.

Jul 11, 2017, 12:04 PM IST

Amazon lent $1 billion to merchants to boost sales on its marketplace

Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.

Jun 08, 2017, 11:59 AM IST

Amazon revenue soars as cloud, retail businesses dominate

Amazon.com Inc`s retail and cloud-computing sales rose in the first quarter, inching above Wall Street`s expectations and sending the company`s shares to an all-time high in extended trading.

Apr 28, 2017, 11:04 AM IST

US retail sales fall for second straight month on weak automobiles

US retail sales fell for a second straight month in March amid softening demand for automobiles, suggesting economic growth slowed abruptly in the first quarter.

Apr 14, 2017, 18:13 PM IST

Bezos is selling $1 billion of Amazon stock a year to fund rocket venture

Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer`s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.

Apr 06, 2017, 11:54 AM IST

Shobhaa De says Sushma Swaraj should 'keep calm and stop tweeting', Twitterati give it back to her superbly

Shobhaa De today suggested that External Affairs Minister Sushma Swaraj should make a New Year's resolution to "keep calm and stop tweeting," leaving many Twitter users furious.

Jan 13, 2017, 22:42 PM IST

Flipkart eyes groceries, online furniture business

In a bid to expand its product portfolio, major online store Flipkart plans to enter the groceries space and also make a renewed push in the online furniture business space.

Nov 20, 2016, 22:48 PM IST

Google rebrands cloud business, adds more artificial intelligence

Alphabet Inc`s Google said on Thursday it renamed its business-to-business cloud computing brand and enhanced some enterprise applications using artificial intelligence, the company`s latest gambit to better compete with Amazon.com and Microsoft Corp. in the lucrative cloud business.

Sep 30, 2016, 11:01 AM IST

Silicon Valley leads avalanche of quarterly reports

A quartet of technology heavyweights will be part of an avalanche of quarterly corporate earnings reports next week that, along with a meeting of Federal Reserve policymakers, could hold the key to whether Wall Street extends its record-breaking rally or loses steam.

Jul 23, 2016, 01:34 AM IST