The two big e-commerce players — Amazon and Flipkart — together are expected to clock gross merchandise value (GMV) ranging between $2.5-3 billion during the five-day festive season sale this year, RedSeer Consulting has estimated in its latest report. This is a jump of almost 67-100% in GMV against a similar period last year, when they together had clocked a GMV of $1.5 billion.

Refunds due to as many as 1,500 Amazon customers have been siphoned off by hackers, according to a legal complaint filed by the e-commerce giant. The incident came to light after the legal cell of Amazon filed a complaint in Lucknow yesterday. Based on the complaint, an FIR was lodged against unknown hackers at Vibhuti Khand police station. Notably, many customers had initially complained that refunds were not being credited to their bank accounts.

Amazon.com Inc on Tuesday became the second US company to reach $1 trillion in stock market value, just weeks after Apple Inc hit the same milestone on Aug 2.

Shares in the world's largest online retailer last traded up 1.4 per cent at $2,041.68. Its shares hit the $2050.2677 level to give its stock a value of $1 trillion.

Only 10 per cent of India's 1.3 billion people know English. Yet most of the country's e-commerce services have been offered only in English, closing off online shopping to the vast majority of people here.

Now Amazon is aiming to break through that language barrier. The e-commerce giant on Tuesday offered a hearty “namaste” to this country’s half a billion Hindi speakers by making its local website and apps available in India’s most popular language.

E-Commerce giant Amazon today said its over 14,000 assisted online shopping service points, internally codenamed ‘Project Udaan’ till now,will be branded as’Amazon Easy’by the middle of 2019, a senior company official said today. “Starting withover200stores across the Krishna, West Godavari, East Godavari, Warangal, Nalgonda and Guntur districts in Andhra Pradesh and Telangana

The head of Amazon India's business has reportedly asked his employees to get a life - quite literally. In an email, which was leaked and accessed by news agency Bloomberg, Amit Agarwal has told his team to stop responding to emails or work calls between 6 pm and 8 am.

US technology giants plan to intensify lobbying efforts against stringent Indian data localisation requirements, which they say will undermine their growth ambitions in India, sources told Reuters.

US trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.

Bangalore: Amazon’s country manager for India has proposed a radical idea: Log off; get a life. In an email to his team earlier this month, Amit Agarwal counselled colleagues to stop responding to emails or work calls between 6pm and 8am in the interest of “work-life harmony.” He also talked about the importance of work discipline and how to draw the line.

Jeff Bezos, meet Mukesh Ambani. It’s time the Amazon.com Inc. boss took notice of his real rival in India, the only billion-strong consumer market open to Western tech firms. While Walmart Inc.’s acquisition this year of Flipkart Online Services Pvt., a homegrown e-tailer, might have given the impression that the battle for India would be an all-American contest, a new national e-commerce policy doing the rounds in New Delhi should disabuse Bezos of that notion.

The government has asked American e-commerce major Amazon to set up a server in India as it looks to prevent unbridled migration of the personal data of customers. Recently, Electronics and Information Technology Minister Ravi Shankar Prasad conveyed this to Amazon India head Amit Agarwal. In the past too, the government has been vocal about data localisation, engaging with companies such as Google, WhatsApp and Facebook on the issue.

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