President Donald Trump renewed his long-running assault on Amazon.com Inc. with an early morning tweet Thursday. But what measures can he actually take against the online retail giant?

He could push for probes of consumer protection, privacy and antitrust issues. He could also step up his support for allowing states to collect sales tax on third-party purchases from Amazon, or seek to have the Postal Service charge more to deliver packages.

Amazon.com Inc shares fell almost 5 percent on Wednesday, wiping more than $30 billion off its market value, after news website Axios reported that U.S. President Donald Trump is obsessed with the world’s largest online retailer and wants to rein in its growing power. Trump has talked about using antitrust law to “go after” the company because he is worried about mom-and-pop retailers being put out of business by Amazon, Axios reported, citing five sources it said had discussed the issue with him.

Bengaluru/New Delhi: Amazon India, which has doubled down on building out its digital payments business in the country, plans to continue investing heavily in the business and introducing more local innovations for Indian customers over the coming quarters, even as it grapples with new know-your-customer (KYC) regulations from the Reserve Bank of India (RBI), which have slowed down growth of new users.

BENGALURU: Amazon has almost closed the gap with Flipkart's standalone sales in 2017, behind in GMV marketshare by less than 1percentage point in 2017 from 5 percentage points in 2016, as per Forrester. However, Flipkart still leads as a group with Myntra and Jabong.

While Flipkart leads in fashion and smartphones, Amazon has taken lead in categories such as appliances, consumer electronics, and more importantly, groceries, which builds platform stickiness, said Satish Meena, a senior forecast analyst at Forrester.

BENGALURU: Amazon Inc owns warrants that allow it to pick a stake in an American business process outsourcing company that will also provide customer services to its Indian rivals Flipkart and Paytm, following the merger last week of the New York Stock Exchange-listed Startek with India’s Aegis Global.

BENGALURU: Amazon is tweaking its seller policy, which will be effective from April 19. These changes will see a reduction in various fees that Amazon charges from sellers on its marketplace. The e-commerce major will also hike the fee it levies on sellers in select categories as competition with Flipkart heats up.

Regional content, be it films or documentaries, comedy or music, has been firing up the Internet in India for a few years now. With cheap data and easy access to content, small local libraries such as Hoichoi (for Bengali content) and national home grown platforms such as Alt Balaji, Voot from Viacom 18, Hotstar from Star India and, besides of course the dedicated channels for several Indian languages on YouTube, have flourished. Now Netflix, Amazon Prime and Hotstar are raising their stakes in the game, commissioning original shows and going all out to acquire regional films for their libraries.

Amazon.com Inc’s video service will look to add more regional content in India, two company executives said, as it competes with a host of global and local players for a bigger share of a fledgling online streaming market.

In little after a year of its launch in India, Amazon’s bet on original Hindi shows and a library of films in five local languages has paid off — India is the fastest growing market for its Prime Video service, Tim Leslie, global vice-president at Amazon Prime Video, told Reuters in an interview late Saturday, on the sidelines of the India Today Conclave 2018 in Mumbai.

Amazon founder Jeff Bezos tops this year's Forbes World's Billionaires list with a record fortune of $122 billion.

Bezos' fortune increased by $39.2 billion in 2017 - the largest up move in anyone's net worth recorded by Forbes last year - dethroning philanthropist and Microsoft co-founder Bill Gates, whose net worth is calculated at $90 billion, Efe reported.

Amazon.com Inc. is in talks with big banks including JPMorgan Chase & Co. about building a checking-account-like product the online retailer could offer its customers, according to people familiar with the matter.

The effort is still in its early stages and may not come to fruition, the people said. The talks with financial firms are focused on creating a product that would appeal to younger customers and those without bank accounts.

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