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Amazon India Related news

Amazon to hire 2,000 techies in UK for new ventures

Amazon to hire 2,000 techies in UK for new ventures

Amazon.com Inc. is set to hire more than 2,000 workers in the U.K., including engineers, software developers and data scientists, to develop its latest technology ventures.

The Seattle-based tech giant’s U.K. workforce will total almost 30,000 people by the end of the year, and will include cloud and machine learning experts, corporate roles and fulfillment and delivery workers, the company said Wednesday in a statement.

Sarees to shawls: Soon, ethnic merchandise to be sold globally via Amazon

Sarees to shawls: Soon, ethnic merchandise to be sold globally via Amazon

Amazon on Friday said it partnered the Tribal Cooperative Marketing Development Federation of India (TRIFED) to take tribal products to global customers.

TRIFED is the apex organisation under the ministry of tribal affairs, and the partnership will expand presence of TRIFED’s brand ‘Tribes India’ to Amazon users in 190 countries.

Amazon doubles down on its offline stores, launches new in-store pickup facility

Amazon doubles down on its offline stores, launches new in-store pickup facility

Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone. On Thursday, Amazon added another alternative for U.S. customers: Walk into a nearby retailer and pick up an Amazon package over the counter. The new option, called Counter, will launch with pharmacy Rite Aid Corp offering the service in 100 stores, with an expansion to 1,500 stores by year’s end, the companies said.

India warns foreign e-commerce firms like Amazon, Flipkart over discounts

India warns foreign e-commerce firms like Amazon, Flipkart over discounts

India has told foreign e-commerce firms such as Amazon and Walmart's Flipkart that they must ensure compliance with new foreign investment rules aimed at deterring them from providing steep online discounts, three sources familiar with the discussions told Reuters.

Commerce Minister Piyush Goyal has said that while the government was prepared to listen to concerns about its new foreign direct investment rules (FDI), it was committed to protecting small traders from predatory behaviour by foreign-funded companies, the sources said.

Amazon India head Amit Agarwal replaces Google’s Rajan Anandan as IAMAI chairman

Amazon India head Amit Agarwal replaces Google’s Rajan Anandan as IAMAI chairman

Amazon India Senior Vice-President and Country Head Amit Agarwal has been named as the new chairman of Internet and Mobile Association of India (IAMAI) on Tuesday. He succeeds former Google India MD Rajan Anandan.

“Agarwal assumes office at a time when the industry is going through a growth trajectory with more than 500 million internet users in India,” IAMAI said in a statement.

Online retailer Amazon invests Rs 450 crore in India digital payments arm

Online retailer Amazon invests Rs 450 crore in India digital payments arm

Online retailer Amazon has invested Rs 450 crore in its digital payments arm Amazon Pay (India). The funding would help the Seattle-based company tap India's booming digital payments market and compete with Walmart-owned PhonePe, Alibaba-backed Paytm, and Google's mobile payment service Google Pay.

The funding came from Singapore-based Amazon Corporate and Mauritius-based entity Amazon.com, according to regulatory documents filed by Amazon, which were sourced from business intelligence platform Tofler.

Amazon plans to tap students, housewives to speed up deliveries

Amazon plans to tap students, housewives to speed up deliveries

New Delhi: Amazon India is on its way to speed-up its deliveries during peak season by offering part-time employment to student, housewives and retired professionals.

Beside the proper item collection, quick and reliable delivery is the most important part of the e-commerce business.

Amazon India most attractive employer brand, says survey; here are others on the list

Amazon India most attractive employer brand, says survey; here are others on the list

New Delhi: E-commerce giant Amazon India is the most attractive employer brand in the country followed by Microsoft India and Sony India, says a survey.

According to the Randstad Employer Brand Research (REBR) 2019, released Monday, Amazon scored high on financial health, utilisation of latest technologies and a strong reputation.

Amazon says working with government to unblock export policy issues

Amazon says working with government to unblock export policy issues

In its quest to increase net revenues from the global selling programme (GSP) to $ 5 billion by 2023, global e-commerce company Amazon is working closely with the Indian government to solve policy issues.

Apart from focusing on encouraging sellers from India to ship their products to USA, Europe, Japan and other countries, the e-commerce giant is hopeful that some of the recent changes in the country’s approach towards exports will boost GSP.

Amazon US online market share estimate cut to 38% from 47%

Amazon US online market share estimate cut to 38% from 47%

A closely watched researcher has cut its estimate of Amazon.com Inc.’s share of the U.S. e-commerce market after incorporating new figures from the company. EMarketer Inc., among the most widely cited sources for estimates of U.S. online retail sales, says it now expects Amazon to account for 37.7% of online commerce this year, down from a prior estimate of 47%. The new market share numbers were reported earlier Thursday by the Information.

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