Jeff Bezos
International News
Amazon searches for second headquarters in North America
IANS -
Online retailer Amazon said that it plans to open a second company headquarters in North America, which will be a full equal to its Seattle headquarters.
The company plans to invest more than US $5 billion in construction and expects...
International News
Zara founder Amancio Ortega beats Bill Gates to become world's richest man
Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person on the planet, with a US $200 million edge over previous leader Bill Gates, Forbes reported.
Ortega, 81, founder of Zara parent Inditex S.A. and Europe’s wealthiest...
International News
Trump accuses Amazon of harming retailers across US
IANS -
US President Donald Trump slammed Amazon.com, Inc., saying the e-commerce titan was harming physical retailers and triggering job losses nationwide, media reports said.
"Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the US are...
Retail
Amazon infuses another Rs 1,680 crore in India
Amazon has infused another Rs 1,680 crore into its Indian marketplace operation – Amazon Seller Services, according to a regulatory filing on Registrar of Companies.
Amazon Seller Services Pvt. Ltd (Amazon India) received the funds last month.
In June 2016, Amazon.com...
Retail
Excited to keep investing, growing in India: Jeff Bezos
American online retail giant Amazon, which has committed investments to the tune of US $5 billion in India, will "keep investing and growing in India," its chief Jeff Bezos has said.
After his meeting with Prime Minister Narendra Modi, Bezos...
Food
Amazon to buy Whole Foods for US $13.7 billion
IANS -
Online retail giant Amazon announced on Friday that it had reached a definitive agreement to acquire Whole Foods Market for US $13.7 billion.
In a news release, Amazon said it would acquire the upscale supermarket chain for US $42 a...
Retail
Amazon to continue investing in infra, innovation in India
Amazon will continue to invest in India in expanding infrastructure and bringing in solutions that enhance consumer and seller experience as the US-based e-commerce major looks to overtake local rival, Flipkart.
According to a PTI report: Amazon, which has completed...
Retail
Amazon.in to double storage capacity, add 5,000 new jobs in 2017
IANS -
E-commerce company Amazon.in on Tuesday said it is set to double its storage capacity with the addition of 14 new fulfilment centres (FCs) in 2017 in India, including the recently announced seven specialised ones for large appliances and furniture.
The...
Retail
Snapdeal board meeting to discuss selling out to Flipkart
The board of Snapdeal is expected to meet on Tuesday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in...
Retail
Amazon top site in India, will keep investing in tech and infra: Jeff Bezos
IANS -
Banking on the e-commerce proliferation in India, Amazon founder and CEO Jeff Bezos assured people that the company will keep investing in technology and infrastructure in the country.
"We're grateful that customers are responding -- Amazon.in is the most visited...
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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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