Exclusive: Amazon elevates India head Amit Agarwal

For-Amazon-Amit-Agarwal-Story-TC_ThinkstockPhotos-1809439971US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs at the e-tailing giant globally, a person familiar with the development told VCCircle. The meatier role is a likely reward for Agarwal’s successful efforts in building the India business organically despite the presence of […]

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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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Flipkart, Amazon score closely on e-commerce rankings: RedSeer

Amazon-FlipkartOnline e-commerce giants Amazon India and Flipkart were neck and neck in terms of ranking, with the latter a few points ahead in RedSeer Consulting’s E-tailing Leadership Index (ELI). On overall rankings for October 2016, Flipkart was placed at 97, while Amazon India came in at 94. Amazon India lost out to Flipkart as the […]

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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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India’s e-commerce story is just beginning, will continue investing: Amazon

Amazon-by-Shah-Junaid-(2)1Claiming a significant three-fold jump in sales in the month of October from last year, e-commerce heavyweight Amazon said it would continue investing big in India as it considers the market very early in its e-commerce trajectory. US-based Amazon, which started operations in the country in June 2013, has already invested $2 billion into its India […]

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Flipkart, Snapdeal metrics bogus; Amazon remains No. 1: Amit Agarwal

Amazon India head Amit AgarwalThe diwali sale is over and Flipkart has announced its victory over Amazon by selling 15.5 million units as compared to Amazon’s 15 million units. While mobile phones and electronics were the top selling products, FMCGs were also a sought after segment. Poking fun at Amazon, Flipkart’s spokesperson, said last week that while Flipkart sold […]

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