Amazon India expands category portfolio, launches Fresh Flower Store

Amazon India expands category portfolio, launches Fresh Flower StoreFurther expanding its product categories, e-commerce major Amazon has partnered with a number of flower retailers to launch Fresh Flower Store, which offers flower bookings and deliveries across five cities in the country. The store offers over 1,500 products from about 10 flower sellers including Ferns N Petals, IGP (earlier known as Indian Gifts Portal), […]

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Flipkart, Amazon to bet big on fashion in 2017

TC-lead-flipkartIndian e-commerce heavyweights Flipkart and Amazon India are aggressively focusing on the high-margin fashion segment as they aim for profitability in the long run. Both Amazon India and Flipkart are expanding their private labels in addition to exploring more exclusive brand partnerships to open up more revenue opportunities in fashion, one of the fastest growing […]

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Amazon India losses double in FY2016

Amazon005Online retail giant Amazon.com Inc.’s India unit saw its losses more than double in the financial year 2015-16 as it spent heavily to hold off competition from Indian e-commerce giant Flipkart. Amazon India’s losses for the fiscal year ended March 2016 soared to Rs 3,572 crore from Rs 1,724 crore in the previous year, according […]

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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’s Kindle launches ebooks in five Indian languages

amazone_feAmazon’s e-book reader Kindle will now support content in Hindi, Tamil, Marathi, Gujarati, and Malayalam. With the move, the US-based Amazon’s Kindle will enter the growing digital regional content market in India, said the company in its official blog on Thursday. “We are adding thousands of digital books in Hindi, Tamil, Marathi, Gujarati and Malayalam, […]

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Amazon India introduces in-house private fashion label Myx

Amazon-by-Shah-Junaid-(2)1E-commerce giant Amazon India has launched its second in-house private fashion label, ethnic wear brand for women Myx, as it looks to grow its apparel offerings. The development was reported by The Economic Times, citing Arun Sirdeshmukh, Amazon India’s fashion head. An email query to Amazon India seeking comment did not elicit a response at […]

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Flipkart to enter groceries, furniture segments; to sell Make-in-India products

FlipkartHome grown e-commerce giant Flipkart plans to enter the groceries segment next year and will further develop its furniture business in a move to take on its biggest rival Amazon India. The firm intends to scale the grocery business operations over a three-year period, Binny Bansal, Flipkart’s chief executive officer, told Reuters. Flipkart will add […]

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Flipkart revises commission fees, launches new loyalty programme for sellers

VCCircle_Flipkart8Following Amazon India, e-commerce major Flipkart has also revised the commission fees of the sellers on its platform. It has also launched a new loyalty programme for sellers. Sellers will be rated and bracketed into three categories – gold, silver and bronze – and will be provided benefits such as discounted shipping fees and quick […]

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Amazon plans grocery stores in US; plans to take on Wal-Mart

Amazon-by-Shah-Junaid-3US- based etailer Amazon.com Inc., is planning offline grocery stores across the country, according to a media report. A report in The Wall Street Journal (WSJ) citing anonymous sources said that the Seattle-based company founded by Jeff Bezos is also introducing curbside pickup locations, which means that customers can order through the website or app […]

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