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Alibaba records only 9 percent lower profit than Amazon but trails by 4x in revenue

Indiaretailing Bureau -
Data gathered by Learnbonds.com shows that Chinese internet company Alibaba registered 9.3 percent lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least...
Retail

Creating close to 50,000 seasonal jobs, says Amazon India

Indiaretailing Bureau -
Amazon India on Friday announced that it has opened close to 50,000 seasonal roles to meet the surge in demand from people relying on its service, particularly those most vulnerable to being out in public. This will be a variety...
Food

Amazon enters food delivery business in India as Zomato, Swiggy struggle

IANS -
Sending a strong signal to Zomato and Swiggy who have been severely hit by COVID-19, e-commerce giant Amazon with deep pockets has entered the vast online food delivery market in India, with launching Amazon Food at select pin codes...
Retail

E-commerce players see strong demand for non-essential goods from red zones

Indiaretailing Bureau -
E-commerce companies continue to witness strong demand for products like laptops, coolers and ACs in red zones that have been allowed to receive orders of non-essential items under the lockdown 4.0. After more than 50 days, e-commerce companies like...
Retail

Panasonic India resumes sales in the country

Indiaretailing Bureau -
Panasonic India, a diversified technology company, announced that it has resumed sale of its products where allowed as per Govt guidelines. Starting this week, all Panasonic products are available on online platforms - Amazon, Flipkart and offline stores in...
Retail

COVID-19: E-commerce orders gradually scaling back to pre-lockdown level

Indiaretailing Bureau -
Sales of non-essential items on e-commerce platforms in the first week of May were lower than last year on account of lockdown, but orders are scaling fast with people buying apparel, smartphones and grooming products among other items, according...
Retail

Amazon to deliver essential goods in Mumbai's containment zones

IANS -
Amazon India on Thursday announced the launch of delivery service of essential items to the residents of the containment zones in Mumbai, in collaboration with the Brihanmumbai Municipal Corporation (BMC). "Following successful pilots over the last few weeks, the company...
Food

Amazon, Future Group in talks over Future Retail stake sale

Indiaretailing Bureau -
Kishore Biyani-led Future Group has started talks with Amazon for selling stake in Future Retail Ltd to the US-based e-commerce major, industry sources said. The two parties initiated talks earlier this week for a stake in Future Retail, they...
Retail

Lockdown relaxation working, non-essential orders up on e-commerce platforms

IANS -
Sitting idle for nearly 45 days, hope rekindled for millions of sellers as leading people from green and orange zones began ordering and receiving non-essential items like stationery, apparel, footwear and electronics from leading e-commerce platforms. Snapdeal said it received...
Retail

E-tailers see uptick in non-essential searches amid lockdown relaxation

IANS -
E-commerce players on Saturday said they are gearing up for serving millions of Indians users from May 4 as there has been an uptick in searches mainly for apparel, household products and personal grooming items in the past 24...
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In FocusRasul Bailay -

DLF is building Khan Market-style neighbourhood plaza in Gurugram

DLF is already in the process of leasing another Plaza in Moti Nagar in Delhi. The Moti Nagar plaza...
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