amazon
Retail
Snapdeal trims losses to Rs 613 cr for FY18, exudes confidence on hitting profits
E-commerce firm Snapdeal has narrowed its consolidated losses substantially to Rs 613 crore for FY2017-18, as per regulatory documents.According to a PTI report: The company, which competes with larger rivals like Amazon and Flipkart, had posted a consolidated loss...
Retail
Flipkart, Amazon see bumper festive sale
With festive sales drawing to a close, e-tailing giants Amazon and Flipkart have claimed bumper sale on their platforms, and that they were ahead of the competition, as they received orders from customers from over 99 percent of the...
Retail
Amazon.in announces wave 3 of its biggest celebration ‘Great Indian Festival’
Amazon.in has announced wave 3 of its biggest festive celebration 'Great Indian Festival'. Starting 12 midnight on November 02, 2018, customers can get the biggest deals on millions of products across smartphones, large appliances and TVs, home and kitchen...
International News
Amazon reports US$ 56.6 bn revenue in Q3
IANS -
Riding on its Cloud business, retail giant Amazon.com saw its net sales increasing 29 percent to US$ 56.6 billion in the third quarter this year, compared with US$ 43.7 billion in third quarter of 2017.Operating income increased to US$...
Retail
Amazon.in pilots ‘faster than same day’ delivery service of smartphones in Delhi-NCR
Amazon India has announced the pilot of a ‘faster than same day’ delivery service available on an exclusive selection of best-selling smartphones in the Delhi NCR region.Customers can now get their favourite smartphones delivered within 3 to 5 hours....
Retail
Flipkart, Amazon claim record online festive sales
IANS -
India's leading e-tailer Flipkart and its American rival Amazon on Thursday claimed record online sales ahead of Dusshera and Diwali festivals."We made a record-breaking business during the five-day sales festival on October 10-14 in diverse categories, including smartphones, electronic...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Research
Flipkart corners more than 50 pc share in festive sale: RedSeer Consulting
Increased buying in smartphones and fashion verticals helped Walmart-backed Flipkart corner over 50 percent share during the first leg of the festive sale, according to research firm RedSeer Consulting.As per RedSeer's latest report, Flipkart had a 51 percent share,...
International News
Amazon invests US$10mn to support US recycling infrastructure
IANS -
Amazon on Tuesday announced a new investment of US$10 million in Closed Loop Fund (CLF) to support recycling infrastructure in the US aimed at cutting the amount of waste treated at landfills.Amazon said its investment will increase the availability...
Retail
Amazon, Flipkart clock Rs 15,000 crore in just 5 days of festive sale
E-commerce companies in the country are estimated to have raked in sales worth Rs 15,000 crore in about five days of their festive sales with giants like Amazon India and Flipkart claiming stellar show across categories like smartphones, large...
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Latest News
Lab-grown diamond brand Solitario enters Chennai
The new 600 sq. ft. boutique is located at Phoenix Market City Mall’s luxury arena named Palladium Bengaluru: Lab-grown diamond...
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