Amazon India

    Amazon India set to tweak seller fees

    In March, ET reported about Amazon increasing commissions in the range of 10-30% across major segments. At the time, it had shifted several categories like car electronics, keyboards and mouses, and personal care appliances from a single flat commission to a tiered system based on ASP. This time, categories like apparel, home furnishing, fashion and sports will see a reduction in seller commissions.

    Amazon India set to tweak seller fees ahead of festive season

    Amazon India adjusted its seller fee structures starting September 9. Reduced commissions across multiple categories aimed at supporting sellers during the festive season, with a focus on low-priced products. Categories such as ethnic wear and home furnishings saw significant fee reductions, while others like backpacks and studded fine jewellery had fee increases.

    ETtech Exclusive: Amazon India set to launch quick commerce as competition swells

    Amazon has put together a plan to take on the quick commerce challenge in India, with its own offering which is slated to launch by early next year. The India unit of the etailer has handed over the responsibility of building its quick commerce strategy to senior executive Nishant Sardana as part of a rejig of the top leadership.

    Amazon India may launch another app in India. Know more

    Amazon explored launching a separate app for its digital payments service, Amazon Pay, in India. The shift aimed to enhance visibility and usage outside the main e-commerce app. The strategy aligned with a recent Rs 600 crore investment in Amazon Pay India, reflecting the company's continued focus on the Indian market.

    Amazon India plans to set up rest points for delivery associates across cities

    Amazon India unveiled Project Ashray to set up rest points for its delivery associates in various cities, providing amenities like clean drinking water and phone charging stations. The initiative starts in Delhi NCR, Bengaluru, and Mumbai, with plans to expand nationwide, enhancing working conditions for delivery personnel.

    Railways, Amazon sign deal to scale up use of train network for faster delivery of customer packages

    Amazon India and the Indian Railways have signed an MoU to strengthen their parcel transportation partnership. The agreement focuses on creating a hub-and-spoke model, enhancing transit times, and expanding parcel volumes via railways. The collaboration aims to streamline logistics for the e-commerce sector, ensuring faster and more reliable deliveries across India.

    Amazon India head quits; Ola Electric IPO subscription

    Amazon India country head Manish Tiwary is set to step down in October. Details on this and more in today’s ETtech Top 5.

    Amazon in q-comm queue; Big B’s Swiggy stake

    Happy Wednesday! Amazon India is gearing up to enter the quick commerce space independently, sources tell us. This and more in today’s ETtech Morning Dispatch.

    Amazon launches AI assistant ‘Rufus’ in India

    Amazon has launched AI assistant Rufus for customers in India, which will help shoppers get product recommendations, compare customer responses etc. It is available in beta mode for now. It was rolled out to all customers in the US in July.

    Microsoft, TCS, Amazon India's most attractive employer brands: survey

    According to Randstad Employer Brand Research 2024, Microsoft has been named the most attractive employer brand in India, followed by TCS and Amazon. Microsoft excelled in financial health, reputation, and career progression opportunities. The survey noted that employees value work-life balance and equity. The report also highlighted the increasing use and expected impact of AI on jobs.

    Microsoft, TCS, Amazon India's most attractive employer brands: Survey

    Microsoft is India's top 'attractive employer brand' according to Randstad Employer Brand Research 2024, followed by TCS and Amazon. Microsoft excelled in financial health, reputation, and career progression. The survey covered 173,000 respondents globally, including 3,507 in India. Top EVP drivers include work-life balance, equity, and attractive salaries.

    Amazon India head Manish Tiwary resigns as competition heats up

    While no immediate replacement is planned, the leadership team will work closely with Amit Agarwal, SVP, EMs. Tiwari's resignation comes at a time when Amazon India has lost market share in certain key markets and top categories to arch-rival Flipkart, and Meesho, Reliance and Tata Group are scaling their ecommerce plays.

    Amazon's investment in India to make up for its losses; not to support Indian eco: Piyush Goyal

    Commerce and Industry Minister Piyush Goyal criticised Amazon's USD 1 billion investment in India, accusing the company of filling losses through predatory pricing that harms small retailers. He questioned the e-commerce business model and potential social disruptions caused by fast-growing online retail. Goyal emphasised the need for orderly technology growth and citizen-centric connectivity. He also disassociated himself from a report on e-commerce impact, expressing concern over the future dominance of e-commerce in India.

    Q-commerce fuels D2C deals; Amazon India head exits

    Happy Wednesday! The surge in quick commerce is driving deal activity in the D2C sector. This and more in today’s ETtech Morning Dispatch.

    Top startup and tech stories of the week

    Welcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories from this week. Let’s take a quick look.

    Amazon India sets up four hubs to deliver urgent relief material in less than 72 hours

    Amazon India has established four hubs, including a temporary hub in West Bengal, to deliver urgent relief within 72 hours due to heavy rainfall and floods. Located strategically across different regions of India, these hubs help support communities hit by natural disasters, proving crucial in recent floods. Amazon has delivered shelter kits benefiting over 10,000 families.

    After Snake, now Mumbai techie claims Amazon delivered tea cups instead of foldable Rs 50,000 mobile

    A Mumbai man alleged he got tea cups instead of the Tecno Phantom V Fold 5G smartphone from Amazon, prompting a police complaint. He criticized Amazon's customer support. Separately, a Bengaluru woman discovered a snake in her Xbox controller parcel from Amazon. These incidents have raised concerns about online shopping reliability.

    Tata Digital stitching ‘value fashion’ plan under its Cliq brand

    Tata Digital, the ecommerce arm of the Tata conglomerate, is in talks to develop a budget fashion line on its Tata Cliq platform to take on industry competitors Flipkart, Amazon India, and Reliance Ajio. While the company has Zudio in that category, sources said that brand is likely to stay offline only and there are no plans to take it on Neu yet.

    It's trending D2C: new-age brands flex muscle via own sites

    Direct ecommerce, or brands selling directly to consumers through their digital platforms, has risen to 10-15% of India’s online retail market of $70-75 billion now, from 2-3% five years ago, according to data. Why are these brands focussing on their own channels for sales and cutting reliance on marketplaces?

    Amazon Prime Day Sale: Amazon Mobile Offers (2024)

    Grab some of the biggest discounts along with the freshest smartphone launches of the time during the Amazon Prime Day Sale 2024. If you are a technology enthusiast, then there is no better time than this as multiple brands are launching their smartphones for the first time during the Amazon sale.

    Amazon India gets funds; IT margins hit

    Amazon has ploughed fresh funds in its Indian marketplace entity. This and more in today’s ETtech Top 5.

    Online discounts to rain heavy from July, ease dry spell of electronics, apparel cos

    Brands are gearing up for a surge in online discounts and promotions starting this month, aiming to clear unsold inventory ahead of the festive season. Expectations are high for the discounts to be the steepest since Covid-19, particularly in categories like smartphones, electronics, and apparel, which have faced sales pressure in the first half of the year. Multiple sales events are planned by marketplaces like Amazon and Flipkart, including Prime Day and Independence Day sales, extending till Diwali.

    NIIT appoints Pankaj Jathar as CEO

    Jathar has experience in consumer-focused businesses, spanning e-commerce, startups and D2C ventures. He will be responsible for capitalising on new opportunities through the integration of GenAI to drive innovation and growth, the company said in a statement.

    Amazon announces expansion of its grocery service unit to over 130 cities

    Amazon India announced on Tuesday that it is expanding Amazon Fresh, its comprehensive grocery service. This service includes both wet and dry groceries such as fruits, vegetables, chilled products, and a range of personal care items.

    Myntra gained market share, scaling beauty and home decor: CEO Nandita Sinha

    Over the past year-and-a-half, online fashion retailer Myntra has gained market share even as rivals like Reliance Ajio and Nykaa Fashion have snapped at its heels, chief executive Nandita Sinha told ET in an interview–without naming the competition.

    Amazon India’s largest seller Appario sold to Clicktech

    Clicktech acquires Appario, Amazon's top seller, as Amazon divests stakes to comply with ecommerce norms. Appario becomes Clicktech's owned subsidiary, part of Amazon's strategy to expand product offerings on the marketplace.

    Amazon pumps Rs 1,660 crore into India marketplace entity

    Amazon's biggest rivals in India, Flipkart and Meesho, are also raising fresh capital. Walmart-backed Flipkart received a cash infusion of about Rs 924 crore in two parts from its related entities based in Singapore in January. Meesho closed a $275 million funding round comprising a mix of primary and secondary share sales.

    Amazon India to revise seller fees from April 7

    Amazon India adjusts fee structures on April 7, impacting various categories with revised fees tied to product prices. Changes encompass shipping, referrals, and tech costs, significant for revenue in the ecommerce sector.

    Amazon India to revise seller fees from April 7

    Prices may rise for beauty, personal care products as marketplace major revises charges for merchants

    Meesho closes $275 million funding in first tranche, in talks for more

    Meesho secures $275M funding in a $600M round. Share transfers hinted in SEC filing. In total, Meesho has raised $1.36 billion – including secondaries – since 2015.

    Aparna Purohit quits Prime Video as head of originals

    Purohit had joined Prime Video in January 2016 as head of creative development. She was elevated to head of India Originals in April 2019. In November 2022, her role was expanded to include Southeast Asia, apart from India.

    Platforms see scorching summer sending ecommerce sales soaring

    Early summer heatwave boosts online demand for cooling products, driving significant growth in ecommerce sales. The surge in appliance sales leads to concerns of supply shortage. Offline markets also witness substantial growth in cooling-related appliance sales.

    Amazon India rolls out Bazaar to sell low-cost, unbranded products

    ET first reported on February 21 that Amazon was onboarding sellers to list unbranded products — including apparel, watches, shoes, jewellery and luggage — priced below Rs 600.

    Flipkart Singapore parent infuses Rs 1,421 crore in marketplace arm

    The new funding comes as the Bengaluru-based etailer presses ahead with plans to launch its quick-commerce service.

    Amazon India offers night shift work opportunities to women in Haryana centre

    Amazon India has launched the Women in Night Shifts (WINS) initiative at one of its large sort centres in Haryana. This program aims to provide a safe and supportive work environment for women, ensuring equal opportunities for both men and women to work in various shifts, championing inclusivity, and advocating for equal work opportunities.

    Best fridge covers under 500 for style and protection under your budget

    The article highlights the top fridge covers under 500 available online for purchase. Each cover is carefully selected based on its quality, durability, and affordability, offering users an effective solution to protect their refrigerators without breaking the bank. From cotton to PVC materials, these covers come in various designs and colors to suit different preferences and kitchen aesthetics. Despite their budget-friendly price tags, these fridge covers boast features like dustproof, moisture proof, and stain-resistant properties.

    Amazon India’s logistics unit sees revenue fall marginally to Rs 4,543 crore

    Amazon Transportation Services' financial numbers are in line with a deceleration seen in Amazon’s other India businesses during the last fiscal, as the Seattle-based parent is pulling back on cash burn across the board.

    Jeff Bezos sells roughly $2 billion of Amazon shares

    Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year.

    Amazon India to use inland water transport to ship packages

    With this partnership, Amazon India will utilise inland waterways for the transportation of cargo containers. A pilot run is planned on the Patna to Kolkata waterway, which according to Singh will begin in the next few days and be expanded as infrastructure develops.

    E-commerce is revolutionising the entrepreneurial landscape in tier 2 and 3 cities

    There are many inspiring stories of start-ups and entrepreneurs who have successfully scaled up and transformed their businesses by embracing e-commerce.

    Amazon India sees strong festive sales growth in 2023

    Amazon India has announced that its 2023 festive sale is the best in its 13 years of operations in the country, driven by strong demand. According to market research firm Redseer Strategy Consultants, online sales in India during this festive season are expected to grow by 18-20%, reaching INR 90,000 crore.

    France fines Amazon $35 million for 'excessively intrusive' monitoring of warehouse staff

    ​​The French Data Protection Authority, also known by its acronym CNIL, said the system allowed managers at Amazon France Logistique to track employees so closely that it resulted in multiple breaches of the European Union's stringent privacy rules, called the General Data Protection Regulation.

    Tech giants' digital ad revenue surges 16% to Rs 55,000 crore in FY23

    Google and Meta, the top two platforms, reported combined ad revenues of Rs 46,348 crore in FY23, marking a 13% rise from Rs 41,115 crore in FY22. The figure topped ad revenues of the entire Indian TV broadcasting industry.

    'SMBs to adopt streaming TV for marketing'

    According to a FICCI-EY report, the digital ad spend by SMBs in India is expected to double from around '18,000 crore in 2022 to '36,000 crore in 5 years. In FY23, Amazon India grew ad revenue by 29% to '5,380 crore.

    Exclusive: Top-deck shuffle at Amazon India; social media firms and anti-deepfake tools

    Amazon has started significant top-level restructuring of its India management team under vice president and country head Manish Tiwary.

    Ayurveda-focused D2C startup Nat Habit raises $10 million led by Bertelsmann

    The company has previously raised about $7 million in total. From the current funding, about $2 million will be used for early-stage investor exits, in about 5X returns in four years. Its other past investors include Peak XV Partners, formerly Sequoia India and Southeast Asia.

    Exclusive: Amazon India set for top-deck reshuffle, dual leadership structure under Manish Tiwary

    Noor Patel, one of the most senior executives at Amazon India heading category management, moving to US; dual leadership structure under Tiwary, Amit Agarwal likely.

    Deeptech, AI warm up the tech talk at Slush 2023; and other top tech, startup stories

    Slush 2023 saw over 13,000 participants, including 5,000 startup founders and operators, in addition to around 3,000 investors managing a combined total of $3 trillion in assets.

    Amazon top seller Appario’s revenue dips 8% in FY23

    Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler.

    Amazon local revenues enough to fund India investments; on track for profitability: Amit Agarwal

    Agarwal’s remarks follow Amazon’s commitment to raise its investments in India to $26 billion by 2030, announced by chief executive Andy Jassy after his meeting with Prime Minister Narendra Modi in June.

    Godrej Capital Nirmaan partners with DBS Bank India, Visa and Amazon to aid MSME growth

    The company stated that ​​the collaborations are designed to empower MSMEs, offering a diverse array of value-added services and comprehensive support throughout their business journey.

    Next-gen customers massively adopting online shopping: Amazon India official

    Speaking on the sidelines of the 'Amazon Xperience Arena', Amazon Fashion India, vice president, Saurabh Srivastava said that the company is seeing a trend of customers across segments moving towards premium products.

    Income tax payable on winnings from online, offline games of chance

    E-commerce websites like Amazon, CRED, others oftentimes runs free to play gaming contests like spin-the-wheel and others. For the purpose of income tax these games are a game of chance and are taxed at flat 30% rate plus cess, etc. Nonetheless there are some things to consider if an individual has won prizes by playing similar offline or online games.

    Appario looks for a new way to keep selling on Amazon

    Amazon and Patni Group, joint venture partners of Appario’s parent firm Frontizo, had in October last year announced plans to shut the seller entity within a year.

    Amazon signs pact with India Post for MSME exporters

    Minister of state for science and technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazon at the latter's Smbhav Summit 2023.

    Amazon business looking to offer multiple licence options at signup

    Amazon Business is the B2B offering of Amazon India that provides its business customers with access to products with a GST invoice allowing them to take input tax credit. These customers also get business-exclusive deals and quantity discounts on products, as per its website.

    Tier 2-3 cities drive Amazon India festive sale; premium products' demand rise

    Amazon said that it received the highest single-day of Prime sign-ups, which is paid memberships, in the first 48 hours of sale. More than 65 per cent of Prime members who shopped during the festive season were from tier 2 and 3 cities and towns.

    Amazon eyes $20 bln exports by 2025 from India, says company official

    Amazon is aiming to export $20 billion worth of merchandise from India by 2025 by adding thousands of small sellers to its e-commerce platform. The company has added over 100,000 small manufacturers to sell a wide range of products to overseas customers. The platform has seen 70% business growth annually for thousands of small exporters, who previously lacked access to global markets.

    Great Indian Festival created 750 crorepati sellers, 40,000 sellers had largest single day sales: Amazon India

    The e-commerce giant says it has learnt from its previous sales and understands the customer needs better now. It has also made things easier for sellers to help them meet customer needs. These things catapulted this year’s sale.

    Amazon India's shelf monitoring solution likely be piloted in other geographies soon

    Amazon has launched a shelf monitoring solution in India that uses machine learning to ensure the quality of fresh produce sold on its platform. The system uses computer vision models and Wi-Fi-enabled cameras to detect defects in fruits and vegetables. It currently supports manual monitoring through a mobile app, where operators can submit images of produce crates for assessment.

    Amazon launches programme for deliveries via electric vehicles in India

    The programme will help more than 300 delivery service partners (DSPs) to make customer deliveries with zero tailpipe emissions, the company said.

    Amazon sees biggest ever Prime Day sale despite rate hikes and inflation; Manish Tiwari decodes key drivers

    Amazon India had the biggest ever Prime Day despite rate hikes and inflation, according to Manish Tiwari, the Vice President and Country manager of Amazon India. He spoke to ET Now about the demand environment employing AI for driving efficiencies, and he also addressed the big question of how e-commerce companies like Amazon look at ONDC. Listen in! Amazon sees biggest ever Prime Day sale despite rate hikes and inflation; Manish Tiwari decodes key drivers

    Inside Amazon India’s Fulfilment Center: How an online shopping experience becomes seamless

    The Fulfillment Center of Amazon India is transforming the way we shop by offering an innovative e-commerce experience. With the help of cutting-edge technology and efficient management, Amazon India's Fulfillment Center provides unparalleled service to customers. This has revolutionized the shopping industry and has paved the way for a new era of online shopping.Inside Amazon India’s Fulfilment Center: How an online shopping experience becomes seamless

    Amazon onboards 12 SMBs under delivery service partner programme

    With the DSP programme, Amazon India has partnered with nearly 300 SMBs to deliver packages to Amazon customers and provide them with growth avenues, a company statement said.

    Amazon India signs pact with Gujarat Govt, EDII to boost state's exports

    Gujarat Minister for MSMEs, Cottage, Khadi and Rural Industries Balwantsinh Rajput said: "One of our key priorities has been to boost exports from Gujarat and through this partnership with Amazon, we aim to empower lakhs of MSMEs in Gujarat to embrace e-commerce exports."

    Amazon India's 2-day sale starts today on July 15

    The highly anticipated Amazon Prime Day Sale 2023 is here with exclusive deals and offers awaiting Prime members. This annual event is a shopper's paradise, providing incredible discounts across a wide range of products. As a Prime member, you'll have access to special deals and early access to discounts, ensuring you don't miss out on the best offers.Amazon India's 2-day sale starts today on July 15

    Amazon India’s fulfilment centre space risen by a third since the pandemic

    ​​By opening more fulfilment centre helps company in reducing the time taken between ordering and delivery, Abhijit Borkar, Zonal Director North FC, Amazon India told ET.

    Created over 1 lakh job opportunities across network ahead of festive season: Amazon

    Amazon India has announced that it has generated over 1 lakh seasonal job openings in preparation for the upcoming festive season. These job opportunities include both direct and indirect positions and are available in various cities across India. The hiring push comes ahead of Amazon's 'Great Indian Festival', which is set to begin on October 8.

    Amazon India renews its office lease in Chennai

    "Amazon has been renewing its leases but has not exercised hard options across many locations. All the four renewals totalling 5 lakh sq ft were registered earlier this month," a person aware of the matter said on condition of anonymity.

    Amazon India announces first-ever floating store on Srinagar's Dal Lake

    Amazon India on Thursday announced its first-ever floating store on Dal Lake in Srinagar, Kashmir, as part of its last-mile delivery programme "I Have Space". Murtaza Khan Kashi, owner of houseboat Selec Town, will deliver packages every day to customers at the doorstep of their houseboats as part of the onboarding.

    Amazon launches multi-channel fulfilment for sellers, retailers in India

    With this, sellers can use a single inventory source which is in Amazon's fulfillment centres to fulfill all their orders.

    Amazon's new cash-on-delivery rule: Won't accept these notes from today

    The Reserve Bank of India announced the withdrawal of Rs 2000 denomination banknotes from circulation while also stating that these notes will remain legal tender. The deposit and exchange facility for Rs 2000 banknotes is available until September 30, 2023.

    Festive season may see sales growth of 18-20% to $11 billion: report

    This is higher than the gross merchandise value (GMV) growth seen by ecommerce marketplaces during the first half of the year but less than last year’s festive season sales.

    Amazon waives 10% of seller fee on June 5 as it completes a decade in India

    Amazon had recently hiked the seller fee, commissions and shipping charges across categories, potentially increasing prices for customers.

    Amazon fires 9,000 staff as part of March retrenchment; reasons for the layoffs explained

    Layoff saga at Amazon India continues. 9,000 fired as a part of the March retrenchment. What are the reasons for the layoffs? ET Now's Sumita Kareer explains the management statement on the layoffs.Amazon fires 9,000 staff as part of March retrenchment; reasons for the layoffs explained

    Amazon to make initial investment of $3 mn in nature-based projects in India

    Amazon has announced an initial investment of $3 million in nature-based projects in India as part of its $15 million fund for such projects in the Asia Pacific region. The first project will involve working with the Centre for Wildlife Studies to support communities and conservation efforts in the Western Ghats. Amazon will provide $1 million to establish the "Wild Carbon" program, which aims to support 10,000 farmers in planting and maintaining one million fruit-bearing, timber, and medicinal trees.

    Amazon CEO Andy Jassy meets PM Modi, ups India investment commitment to $26 billion

    Ecommerce major Amazon on Saturday said it plans to invest $15 billion more in India, taking its total investment in the country to USD 26 billion, a top official of the company has said. After meeting Prime Minister Narendra Modi in the US, Amazon CEO Andy Jassy said the company has already invested USD 11 billion in India till date.

    Smbhav 2023: Amazon launches virtual AI assistant 'सहAI' for small sellers

    The AI tool can also automate the process of filling out product description and help sellers to understand customer feedback better by providing insights.

    Smbhav 2023: Amazon partners with India Post, Railways for international deliveries

    Smbhav 2023 brings together industry leaders and policymakers to discuss various ways to improve the prospects of small and medium businesses.

    E-commerce, FMCG demand for EVs in superfast lane

    Demand for electric vehicles (EVs) has doubled among ecommerce companies and consumer goods makers as they seek to reduce costs and meet carbon emission reduction targets. Companies such as Amazon, Hindustan Unilever, and Coca-Cola are switching to EVs for deliveries. The operating costs of EVs are much lower than diesel or CNG vehicles, leading to substantial savings for operators. Over 100,000 electric cars and a million electric two-wheelers are expected to be sold in India this fiscal year.

    Ahead of festive season, Flipkart holds seller conclaves across India

    Flipkart and rival Amazon India hold extensive discussions with online merchants ahead of their crucial festive season sales to prepare and manage inventory as well as share insights on what kind of offers would work better in a certain category.

    Flipkart targets GenZ users with new offering Spoyl, follows subsidiary Myntra

    The new offering Spoyl will focus on the GenZ segment, offering over 40,000 products, across segments such as westernwear, accessories and footwear.

    Amazon founder Jeff Bezos buys home in Miami's 'billionaire bunker'

    Jeff Bezos, the founder of Amazon, is buying an estate on an exclusive man-made barrier island in Miami known as "Billionaire Bunker," where he will be neighbors with a growing list of celebrities including Tom Brady, Ivanka Trump and her husband, Jared Kushner.

    Amazon India enables exports worth over Rs 66,000 crore, digitises 62 lakh MSMEs

    In the last one year, the company said it has helped create about 1.4 lakh direct and indirect jobs across industries like IT, e-commerce, manufacturing, content creation, and skill development.

    Amazon India enables exports worth over Rs 66,000 crore, digitises 62 lakh MSMEs

    Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth USD 8 billion.

    Ahead of Prime Day, Amazon India launches Sale Event Planner tool for sellers’ preparedness

    Through this tool, sellers will be able to offer great deals on their products, plan for optimum inventory well in advance and potentially grow their sales.

    Ready for Great Freedom Sale? Amazon promises huge discounts on iPhone 14, OnePlus Nord CE 3, Motorola Razr 40; smart TVs get cheaper by half

    Amazon India is hosting one of its largest sales of the year, the Great Freedom Sale, with discounts on premium smartphones from Apple, OnePlus, Samsung, Motorola, iQoo and Oppo among other brands.

    Amazon lays off 500 employees in India across functions

    The Seattle-based technology giant is letting go of at least 500 employees in India, and the process is ongoing, they said.

    Amazon India hikes seller commission across categories as etailer cuts costs

    Ecommerce companies like Amazon and Flipkart make money by charging commissions and fees from sellers for products sold through the marketplace. The rates keep changing depending on market conditions, Amazon said.

    Amazon India teases 2 new OnePlus Nord smartphones with Alert Slider feature

    OnePlus is teasing the upcoming launch of its two new Nord smartphones on its website and Twitter handle, offering limited information regarding the devices but confirming they will debut soon. The company has hinted that the new phones will feature the Alert Slider feature to allow more control over volume and notifications.

    Amazon Prime membership price hiked in India. Check increased prices

    E-commerce giant Amazon has again changed the subscription plans for prime users. Here are the details.

    Ahead of Prime Day sale, Amazon says consumer sentiments 'positive' in market

    Amazon Pay is launching the fastest hotels and international flights booking experience, with access to special prices on all flights and 1,10,000-plus hotels, homestays, and villas.

    Till debt do us part: will startups go the PharmEasy way, and other top tech & startup stories this week

    This week’s ETtech newsbreak on PharmEasy going for a rights issue at a price 90% lower than its peak valuation of $5.6 billion to repay debt has tripped alarm bells in several startups that have taken debt financing.

    Prime Day Sale: Get ready for up to 40% discount on Apple, Samsung, OnePlus smartphones on Amazon

    Amazon Prime Day sale, starting on July 15-16, promises discounts of up to 40% on smartphones and accessories. Brands expected to be available include Apple, OnePlus, Motorola, Samsung, Oppo, Redmi, Xiaomi, Realme, IQOO, Tecno and Nokia, among others.

    Amazon set to cross $8 billion in cumulative exports from India in 2023

    The Seattle-headquartered firm has reached 1.25 lakh exporters through the programme, officially called Amazon Global Selling, since inception, the statement said. Of them, over 1,200 exporters had crossed Rs 1 crore in sales in 2022, it added.

    Amazon India announces Small Business Days to support emerging & small sellers this World MSME Day

    In the previous edition of Small Business Day, held in July 2021, over 55,000 sellers from both metro and non-metro cities received orders from more than 4,000 pin codes.

    Sam Altman meant no disrespect, puts competition comments in context

    This is really taken out of context! The question was about competing with us with $10 million, which I really do think is not going to work. But I still said try! However, I think it’s the wrong question, the OpenAI chief said.

    Amazon India pays a fitting emotional homage to its loyal customers, dedicated employees, persistent delivery partners, & ardent sellers on its 10th anniversary

    On its 10th anniversary, Amazon India is expressing gratitude for making it this far with the love and support of people.

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