Jeff Bezos

Kishore Biyani-led Future Retail on Monday indicated that it may challenge the interim order, wherein a Singapore arbitration court has directed to hold its deal with Reliance Retail Ventures Ltd (RRVL). In a statement, Future Retail said that all the...

The arbitration proceedings between Amazon and Kishore Biyani have begun in Singapore. Former Attorney General of Singapore, V.K. Rajah concluded arbitration hearing on Friday, October 16 and will deliver his ruling on or before Monday, October 26, sources said. Rajah, former...

Amazon has launched a new programme to help make it easy for customers to discover and shop for more sustainable products. As part of this programme, customers will now see the ‘Climate Pledge Friendly’ label when searching for more than...

Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...

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...

Buoyed by the surge in demand as people stayed home owing to the pandemic globally, net sales increased 26 percent to US$ 75.5 billion for the e-commerce giant in the first quarter of 2020, compared with US$ 59.7 billion...

Amazon joined the US$1 trillion club with Apple, Microsoft and Alphabet after shares climbed nearly 11 percent in extended trading as the retail giant reported US$87.44 billion in sales - 21 percent increase (year-on-year) -- for its fourth quarter...

Amazon announced that it plans to create 1 million new jobs in India by 2025 through continued investments in technology, infrastructure, and its logistics network. The jobs – created both directly and indirectly – will be across industries, including information...

Amazon announced on January 15, 2020 that it plans to invest US $1 billion to digitally enable micro, small, and medium enterprises (MSMEs) and traders across India, including manufacturers, resellers, local offline shops, and brands. The company aims to...

As the Indian e-commerce market enters into an interesting phase with Reliance firming up its mega plans with launching JioMart, Amazon Founder and CEO Jeff Bezos is in India this week to explore the ground situation amid a possible...