Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, even as the online retailer reported record holiday sales and profit.

Shares of the company fell more than 5 per cent to $1,623.90 after the bell, sliding as company officials discussed expenses on a conference call with analysts.

Amazon and Walmart-owned Flipkart have told mobile phones, electronics and other companies, which sell their wares exclusively on these platforms, that they will be able to operate like they do now — albeit with some tweaks and rephrasing of agreements — once the revised ecommerce FDI norms come into effect.

Walmart Inc. has quietly withdrawn from one of Google’s marquee efforts to challenge Amazon.com Inc. in e-commerce.

Walmart removed its products from Google’s Shopping Actions service, the internet giant said on Thursday. The retailer also recently dropped out of Google Express, a related delivery service.

The battle for the Indian consumer was never going to be an all-American affair.

Walmart Inc.’s splashy acquisition last year of Flipkart Online Services Pvt., the homegrown e-tailer giving Amazon.com Inc. a solid run for its money, might have given the impression of a two-horse race. But as I argued (here and here), billionaire Mukesh Ambani wasn’t going to watch from the sidelines.

The government is unlikely to extend the February 1 deadline for e-tailers like Amazon and Flipkart to comply with latest changes to the foreign direct investment (FDI) guidelines announced in late December.

Amazon has asked the government to extend the deadline by four months and Flipkart, too, reportedly wants more time to adapt to the new rules.

A group of activist shareholders are proposing that Amazon.com Inc. stop selling facial recognition software to government agencies until its board determines the technology doesn’t threaten people’s civil rights.

The investors, including the Sisters of St. Joseph of Brentwood, a member of the Tri-State Coalition for Responsible Investment, filed a resolution on the subject to be voted on at Amazon’s annual meeting later this year.

Reliance Industries (RIL) is ready to unleash its e-commerce dark horse to take on the likes of Amazon India and Walmart-owned Flipkart. Chairman and Managing Director Mukesh Ambani on Friday said Reliance Retail and Reliance Jio Infocomm were set to jointly launch their new e-commerce platform in the country.

New Delhi: Undeterred by India’s revised e-commerce policy that kicks off from next month, Amazon has not stopped hiring engineers and managers in India. An analysis of job listings on Amazon shows the e-commerce giant has more than 1,400 vacancies in India. In Bangalore and Hyderabad, there are over 1,000 open positions with software engineers being the most in demand.

Amazon.com Inc shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans.

Bezos, whom Forbes lists as the world's richest person, worth an estimated $136.2 billion, said via Twitter on Wednesday that he and his wife of 25 years, MacKenzie, will divorce.

A month later, US-headquartered e-commerce giant Amazon has again witnessed another glitch, this time on its India portal.

Sources in the know said that the glitch was reported internally last and left exposed some of its sellers’ private financial information to other users. Sellers downloading their monthly financial reports (data of their sales through Amazon.in) were served with those of other vendors, leading to a breach of competitive businesses data.

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