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Amazon Wholesale India narrows loss to Rs 342 crore in FY24, Amazon Pay narrows loss to Rs 911.2 crore

The company had posted a loss of Rs 615.7 crore in 2022-23New Delhi: Amazon's B2B arm Amazon Wholesale (India) has reported narrowing of loss to Rs 342.3 crore in 2023-24 on a year-over-year basis, according to a report released...

Focused on customers, not competition; Prime proposition ‘resonates’ with users in India: Amazon

The e-commerce giant is upbeat on India's prospects buoyed by the rapid pace of economic growth and digitisationNashville: Amid the rise of quick commerce companies in India, Amazon said it is sharply focused on customers, not competition, and that...

Amazon India registers 25% YoY growth in home, kitchen and outdoors business in Assam

The company also affirmed its commitment to continue expanding its association with local producers and provide them the market linkagesGuwahati: E-commerce giant Amazon India on Friday said it has registered double-digit growth of 25 per cent YoY across the...

Amazon, India Post sign MoU to boost nationwide delivery capabilities

Under the MoU, Amazon and India Post will synchronise operations to maximise efficiencies, optimise resource utilisation, and explore capacity sharing across their logistics networksBengaluru: E-commerce major Amazon India and the Department of Posts (India Post) have signed a strategic...

Amazon records 11 crore customer visits in first 48 hours of Amazon Great Indian Festival (AGIF) 2024

Over 8,000 Amazon sellers surpassed Rs 1 lakh in sales within the first two days of the event Bengaluru: E-commerce major Amazon India’s festive sale Amazon Great Indian Festival (AGIF) 2024 has recorded 11 crore customer visits in the first 48...

Amazon India inks pact with labour ministry to post job opportunities on NCS portal

The MoU is initially set for two years and it will allow job seekers registered on the portal to view and apply for opportunities at AmazonNew Delhi: Amazon India has signed a pact with the Labour and Employment Ministry...

TN records 35% growth in sales for Amazon on premium products: Official

More customers from Tamil Nadu were keen on buying premium products including smartphones ranging above Rs 30,000 or Rs 1 lakh and above, double-door refrigerators, action cameras, among othersChennai: Tamil Nadu has been recording a 35 per cent year-on-year...
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Paytm arm approves sale of stake in Japanese firm Paypay valued around Rs 2,000 cr

Paytm holds a 7.2% stake in PayPay Corporation.New Delhi: Fintech firm One97 Communications, which owns the Paytm brand, has...
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