Amazon to buy 49% stake in Future Coupons in offline retail push

Team TC

In its latest move to expand its presence in India’s brick-and-mortar retail sector, Seattle-headquartered ecommerce Amazon ....

23 August, 2019

Targeting high-frequency grocery segment, Amazon launches Fresh service in India

Binu Paul

Amazon India has introduced its urban food-delivery service Amazon Fresh as it looks to leverage the enormous potential of the ....

22 August, 2019
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Hyderabad is now home to Amazon's largest global campus

Team TC

Seattle-based technology and retail giant Amazon inaugurated its largest campus in the world at Hyderabad.  With over ....

21 August, 2019

Naspers-owned PayU may acquire PaySense; Walmart in talks with Tatas to expand India presence

Team TC

Naspers-owned payment solutions provider PayU, which acquired  US-based fintech firm Wibmo for $70 million in April, is now ....

21 August, 2019

Amazon may launch food delivery biz through Prime Now; Suvidhaa to foray into ecommerce

Team TC

Ecommerce giant Amazon might use Prime Now to deliver groceries.  Shapoorji Pallonji-backed fintech platform Suvidhaa is ....

19 August, 2019

Amazon.in to offer chatbot services in Hindi

Tanmay Tiwary

Ecommerce giant Amazon is adding Hindi language abilities to its chatbot assistant. The feature will help Indian customers, ....

14 August, 2019
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Amazon India woos sellers with B2B app store

Team TC

Ecommerce major Amazon has launched its Marketplace Appstore in India where sellers can find solutions to manage a range of functions ....

12 August, 2019

Ant Financial may dampen Zomato’s $500 mn plan, Amazon wants more third party sales

Payal Ganguly

Foodtech major Zomato facing a funding challenge. Amazon wants to increase third party sales. Ant Financial hurdle for Zomato ....

12 August, 2019

Wipro to open new design studio in Sydney

Anand J

Information technology services and consultancy firm Wipro will open a new design studio in Sydney as part of the expansion of ....

6 August, 2019

Prem Watsa’s Fairfax acquires additional stake in Ajit Issac-promoted Quess

Payal Ganguly

Canadian billionaire Prem Watsa-owned Fairfax Financial Holdings has acquired additional equity shares in Bengaluru-based services ....

2 August, 2019
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eBay buys 5.6% of Paytm E-Commerce for $160 mn

Vijayakumar Pitchiah

The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....

31 July, 2019

Amazon continues to dominate cloud storage biz: Gartner

Team TC

Seattle-headquartered Amazon Web Services (AWS) continued to dominate the infrastructure-as-a-service (IaaS) space in 2018 with ....

30 July, 2019

Amazon may start food delivery business in India: Report

Team TC

The Indian arm of Seattle-based ecommerce giant Amazon is planning to enter the food delivery segment in India and launch operations ....

30 July, 2019

Amazon India plans to acquire UberEats’ local unit; Paytm Money to get Rs 250 cr

Team TC

Retail giant Amazon’s India arm now wants to deliver food as it is planning to buy UberEats’ local unit. Paytm Money ....

29 July, 2019

Amazon looking for stable ecommerce policy in India

Payal Ganguly

Seattle-headquartered ecommerce giant Amazon is hopeful of a stable ecommerce policy to be announced by the Indian government.  “Our ....

26 July, 2019

LoxiGrid launches AI-based voice assistant for logistics operations

Tanmay Tiwary

Gurgaon-based LogixGRID, a platform for managing global logistics, has announced the integration of its artificial intelligence ....

25 July, 2019

SoftBank Vision Fund to expand India arm; Amazon India’s big sellers demand higher margins

Team TC

Investment giant SoftBank likely to add a dozen executives in India. Amazon India’s biggest sellers now want higher margins ....

23 July, 2019

Amazon India to give 30-day notice to 3rd party sellers before ending contracts

Payal Ganguly

In a big boost for third-party sellers, online marketplace Amazon India will now give a 30-day notice before terminating agreements, ....

19 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 2019

ByteDance to back local content firms; Facebook may be able to launch WhatsApp Pay soon

Vijayakumar Pitchiah

TikTok owner ByteDance is scouting investment in local content platforms to capture newer audiences, while Amazon has made a soft ....

17 July, 2019

Online grocer Grofers gets $10mn top-up funding from UAE-based investor

Vijayakumar Pitchiah

Online grocer Grofers has raised another $10 million in what appears to be a top-up to its latest funding round, The Economic ....

16 July, 2019