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Amazon quarterly profit jumps nine-fold to $857 million

E-commerce major Amazon in its statement today announced profit in the second quarter to surge nine-fold to USD 857 million, lifted by cloud services as the tech giant expanded its offerings. As per the statement, the revenues jumped 31 per...

Online Groceries Strike Back

Way back at the turn of the last century – 1999, to be exact – one of the hot topics in the U.S. supermarket industry was online grocery shopping. Peapod had recently expanded, Webvan had raised hundreds of millions...
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Starbucks opens first store in Jammu and Kashmir

The coffee chain recently opened its 23rd outlet in Gujarat New Delhi: US-based coffee chain Starbucks has opened its first...
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