Jeff Bezos

With the lines getting blurred between organised brick-and-mortar model and new-age online platforms, retail sector is ending the year 2018 with a record level of FDI and is gearing up for more mergers and acquisitions, partnerships and other deals...

Online retailer Amazon is in advanced stage of talks to buy around 9.5 percent stake in Kishore Biyani-led Future Retail, according to sources close to PTI.According to a PTI report: A final shape to an agreement between the two...

Amazon on Tuesday announced it will invest US$ 5 billion to build two new headquarters in New York City and Arlington, Virginia.The move will create more than 50,000 jobs across the two new headquarters locations, with more than 25,000...

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$...

The US-based world's largest e-tailer Amazon invested an additional US $400 million (Rs 2,700 crore) in two of its Indian subsidiaries, said business intelligence platform Paper.vc on Monday."Our tally of Amazon's total investment in its Indian subsidiaries, including this,...

Amazon founder and CEO Jeff Bezos has become the richest man in the world with a net wealth of US $141.9 billion, the Forbes World's Billionaires list showed on Monday.Bezos' wealth has grown more than US $5 billion since...

Amazon Founder and CEO Jeff Bezos on Wednesday said the progress seen in the company's India business within five years of operations is "energising".According to a PTI report: In a letter to customers on Amazon.in's homepage, Bezos said the...

World's largest e-commerce player Amazon has invested an additional Rs 2,600 crore in its India operations ahead of the US retail giant Walmart taking over the country's e-tail major Flipkart."The Amazon board has accorded consent to allot 260 crore...

Amazon on Thursday said it is setting up five more warehouses in as many cities including Bengaluru, Gurgaon and Mumbai, as the global e-tailing giant looks to strengthen its delivery capabilities amid intense competition from rivals like Flipkart.With the...

E-commerce major Amazon.in said it has crossed the 3-lakh seller base in less than five years of the company's operations in India. Of this, one lakh new merchants were on-boarded in seven months.According to a PTI report: Amazon, which...