Jeff Bezos
E-Commerce
Retail Trends: 5 Companies using AI/AR tools to enhance customer experience
These market leaders have managed to leverage the power of artificial intelligence (AI) and augmented reality (AR) to create market differentiation and delight customers
New Delhi: Artificial Intelligence (AI) powered augmented reality (AR) systems use deep neural networks to enhance...
E-Commerce
Consumers spent $6.4 billion on first day of Amazon Prime Day: Study
This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales
New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...
E-Commerce
After Cloudtail, Amazon now to delist its second star seller Appario from its platform
PTI -
New Delhi: E-commerce company Amazon India and it’s joint venture partner Patni Group-owned Zodiac Wealth have decided to de-list online seller Appario Retail from the company’s online platform, a joint statement said on Monday.
An official source told PTI that the...
Big Grid
Jeff Bezos to step down as Amazon CEO this year
Jeff Bezos will step down as Amazon CEO and become the company's executive chairman in the third quarter of this year. Amazon Web Services' (AWS) founder Andy Jassy will become Amazon's next chief executive officer.
Bezos will become Amazon's executive chairman...
Retail
Amazon invests Rs 11,400 cr in India in FY20 with a long-term view
US e-commerce giant Amazon has pumped in over Rs 11,400 crore (about $1.5 billion) during FY2019-20 across its marketplace, payments and wholesale business units in India to bolster its position in the country's burgeoning digital commerce market, according to a report...
Food
Vahdam® India appoints Ketan Desai as Chief Tea Educator & Sustainability Officer
Global wellness brand, VAHDAM® India, has hired ex-tea entrepreneur Ketan Desai as its Chief Tea Educator & Sustainability Officer. Desai has also invested an undisclosed amount in VAHDAM® India, as a mark of his conviction in the brand.
He comes comes with...
International News
Amazon reports 37 pc growth in sales, expects bumper holiday season
IANS -
E-commerce behemoth Amazon has reported better-than-expected Q3 results in the pandemic times when people tend to shop more online, as net sales increased 37 percent to US$ 96.1 billion in the third quarter, compared with US$ 70 billion in...
Retail
Amazon flexes muscles but Reliance holds deep war chest
IANS -
The face-off between Mukesh Ambani-led Reliance Industries Ltd (RIL) and Jeff Bezos-run behemoth Amazon over the retail assets of Future Group in India has once again exposed the ambition of the so-called ‘gatekeeper for e-commerce’ to keep the reins...
Retail
Jeff Bezos, Mukesh Ambani set for long-drawn war over Future Retail
IANS -
As Reliance Industries Ltd (RIL) stepped into the e-commerce space with JioMart, speculations ran rife over two of world's richest individuals up for a confrontation in the market. But RIL's proposed acquisition of Future Group's retail business has just...
Retail
In Bezos vs Ambani battle, focus on disclosures by Amazon
IANS -
In the Jeff Bezos vs Mukesh Ambani battle royale for the Indian retail market, which is now also evolving into a 'videshi vs swadeshi' battle, questions are being raised by corporate watchers.
Eight absolutely unknown facts are emerging in the...
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Latest News
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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