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Amazon Seller Services losses widen to over Rs 5,000 crore

Indiaretailing Bureau -
Amazon Seller Services, the India online marketplace unit of e-tail giant Amazon, saw its losses widening to Rs 5,849.2 crore for 2019-20 fiscal from the previous year as expenses grew over 25 per cent, as per regulatory documents. Amazon Seller Services...
Retail

Govt in final stage of drafting e-commerce policy

Indiaretailing Bureau -
The government is in the final stage of drafting the e-commerce policy and National Retail Trade policy, Union minister Som Parkash said on Wednesday. According to a PTI report: The Minister of State for Commerce and Industry said the government...
Retail

Amazon infuses Rs 1,125 crore into India unit ahead of festive sales

Indiaretailing Bureau -
US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. According to a PTI report: The fresh infusion will provide more ammunition...
Research

Amazon sellers expect sales growth in upcoming festive season: Nielsen

IANS -
Around 85 percent small and medium businesses (SMB) selling products on Amazon expect an increase in their sales in the upcoming festive season, according to a survey. The survey, commissioned by Amazon and conducted by Nielsen, showed that around 74...
Retail

Amazon Seller Services gets fresh fund infusion of Rs 2,310 cr from parent

Indiaretailing Bureau -
US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings and Amazon.com.inc have made the Rs 2,310 crore...
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In FocusAbhisar Narula -

The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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