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IWAI, Amazon ink pact to promote cargo movement via inland waterways

The aim of this partnership is to leverage the efficiency and sustainability of water transport to streamline logistics, reduce environmental impact and foster economic growthNew Delhi: Inland Waterways Authority of India (IWAI) and Amazon Seller Services have signed an...

Amazon Seller Services losses widen to over Rs 5,000 crore

Amazon Seller Services, the India online marketplace unit of e-tail giant Amazon, saw its losses widening to Rs 5,849.2 crore for 2019-20 fiscal from the previous year as expenses grew over 25 per cent, as per regulatory documents. Amazon Seller Services...

Govt in final stage of drafting e-commerce policy

The government is in the final stage of drafting the e-commerce policy and National Retail Trade policy, Union minister Som Parkash said on Wednesday. According to a PTI report: The Minister of State for Commerce and Industry said the government...

Amazon infuses Rs 1,125 crore into India unit ahead of festive sales

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. According to a PTI report: The fresh infusion will provide more ammunition...

Amazon sellers expect sales growth in upcoming festive season: Nielsen

Around 85 percent small and medium businesses (SMB) selling products on Amazon expect an increase in their sales in the upcoming festive season, according to a survey. The survey, commissioned by Amazon and conducted by Nielsen, showed that around 74...

Amazon Seller Services gets fresh fund infusion of Rs 2,310 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings and Amazon.com.inc have made the Rs 2,310 crore...
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Amazon readies for pilot of under-15 min delivery of daily essentials in Bengaluru

Amazon's strategy has focused on "selection, value and convenience" and the overall vision is to build a large profitable...
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