After Flipkart, now Amazon sees top-level exits in India

Projesh Kundu and Kinjal ChoudharyTwo top-level executives at US-based e-tailer Amazon.com Inc’s India subsidiaries quit in December 2016. Kinjal Choudhary, senior director and country head of human resources at Amazon India, and Projesh Kundu, director of operations at Amazon Logistics, left the company in November 2016, their LinkedIn profiles show. While Kundu is now heading operations at Bangalore-based online […]

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Amazon to go all out in 2017, up India investments

Amit_AgarwalAmazon is planning to ramp up its investment in India in the new year as it continues to take on home-grown e-commerce players Flipkart and Snapdeal. Amit Agarwal, Amazon’s India chief, in an interview with The Economic Times said the firm “will demonstrate massive scale in 2017,” investing heavily in technology, infrastructure and innovation. On […]

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Amazon unveils Prime Video in India, aims to take on Netflix

Amazon-by-Shah-Junaid-(2)1US-based ecommerce giant Amazon Inc launched of its video streaming service Amazon Prime Video in India. It will offer Amazon Prime members in India, a selection of “new release Bollywood and regional Indian blockbusters, Hollywood movies and day-after-broadcast of US TV shows and kids’ programming”, it said in a statement. Amazon also said it started […]

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Why Alibaba wants to invest in competing Indian e-tailers

AlibabaChinese e-commerce titan Alibaba Group Holding Ltd seems to be fixated on acquiring interests in Indian e-commerce majors, especially those that directly compete with its global rival Amazon Inc. After backing Snapdeal and Paytm, recent news reports suggest that Alibaba is making a beeline to invest in the country’s largest e-commerce player Flipkart. The news […]

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Amazon overtakes Flipkart as most visited Indian e-com site: comScore

E-commerce giant Amazon Inc said on Monday it has become the most visited e-commerce site in India beating local rival Flipkart in the month of October citing comScore data. It said Amazon.in clocked 30 million unique visitors during the month ahead of Flipkart.com, Jabong.com and Snapdeal.com. A year ago Rocket Internet-incubated online fashion retailer Jabong […]

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Bigger is not always better – why Amazon is worth more than Walmart

This week an important event happened on Wall Street.  The value of Amazon (~$248 billion) exceeded the value of Walmart (~$233 billion)  Given that Walmart is world’s largest retailer, it is pretty amazing that a company launched as an on-line book seller by a former banker only 21 years ago could now exceed what has long been […]

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Amazon goes hyper-local in India; linking neighbourhood kirana stores to consumers

Global e-com giant Amazon, which runs an online marketplace in India, has launched an express delivery platform in partnership with mom-and-pop stores called ‘KiranaNow’. It has launched the service in Bangalore on a pilot run before taking it to other cities in the country. Notably this is an India-specific platform. In most other international markets, […]

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