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Aditya Birla Group To Wind Up Ecommerce Venture Abof.com

22Sep By Press Trust of IndiaNo Comments

News

Aditya Birla Group To Wind Up Ecommerce Venture Abof.com

Aditya Birla Group will shut down its online shopping portal Abof.com by the end of this year, failing to sustain intense competition from the sector giants Amazon and Flipkart. (more…)

Ecommerce Majors Saw Record Breaking Smartphone Sales This Festive Season

22Sep By Press Trust of IndiaNo Comments

News

Ecommerce Majors Saw Record Breaking Smartphone Sales This Festive Season

E-commerce majors Flipkart, Amazon and Paytm Mall have seen a huge spurt in smartphone purchases on the first day of their festive season sales, beating last year's figures. (more…)

22Sep By Press Trust of IndiaNo Comments

INDIA

Govt To Tie Up With Amazon To Expand Tribe India Brand

The Union government is planning to tie up with e-commerce player Amazon to expand the market for tribal handicrafts via the online retail space. (more…)

CashKaro’s 7 Marketing Ideas That E-commerce Websites will Count on this Diwali

17Sep By kriti singhNo Comments

News

CashKaro’s 7 Marketing Ideas That E-commerce Websites will Count on this Diwali

E-commerce giants like Amazon, Flipkart, Myntra, and Paytm are gearing up to launch their festive sales. CashKaro.com has analyzed past trends to identify marketing strategies that e-commerce websites will use to amplify their sales during this period. Incentivizing Wallet Payments By capitalizing on the cashless wave, payment through self-funded mobile wallets has become a widely used strategy. Customers paying through these wallets receive exclusive discounts from e-commerce companies. Recently, Amazon launched its Pay Balance feature which allowed customers to pay instantly with pre-loaded Amazon Pay wallets. As an introductory offer, Amazon gave 15% Cashback of upto Rs. 450 to its Prime Members who paid using Pay Balance. Regular shoppers received 10% Cashback of upto R...

15Sep By Press Trust of IndiaNo Comments

News

Amazon Ties-Up With Bank of Baroda To Offer Micro Loans

E-commerce player Amazon today said it has tied up with state-run lender Bank of Baroda to offer micro loans to its sellers. (more…)

Amazon Is All Set To Build Its Second $5 Bn Headquarter

8Sep By RishabhNo Comments

USA

Amazon Is All Set To Build Its Second $5 Bn Headquarter

Amazon.com Inc said on Thursday it would build a $5 billion second headquarters in North America, kicking off a competition between cities and states to offer tax cuts and incentives that could bring 50,000 new jobs. (more…)

Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon

30Aug By AdityaNo Comments

Tech, USA

Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon

In the cloud wars, Google has teamed up with VMware and Pivotal its $2.8 billion valued spin-off against Amazon. Together they have come up with a solution called Kubernetes, a software project that started out as a way for Google to manage its massive server infrastructure and has since become a go-to tool for modern software developers . (more…)

Donald Trump Hits Amazon On Tweets Over Taxes And Jobs

21Aug By reutersNo Comments

News

Donald Trump Hits Amazon On Tweets Over Taxes And Jobs

U.S. President Donald Trump recently criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without offering evidence, of hurting U.S. localities and causing job losses. (more…)

Paytm Mall To Invest $5 Mn To Digitise Its Offline Retailers

16Aug By AnkitaNo Comments

News

Paytm Mall To Invest $5 Mn To Digitise Its Offline Retailers

The ecommerce market is grinding up for the forthcoming festivals. On one side where Flipkart and Amazon are battling on discounts, Paytm Mall, run by Paytm E-commerce is readying a war chest to expand its offline merchant network. (more…)

Amazon Plans To Enter Event Ticketing In US

11Aug By reutersNo Comments

BUSINESS

Amazon Plans To Enter Event Ticketing In US

Amazon.com Inc is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster’s powerful grip on the lucrative ticketing business. (more…)

Movie Production House Eros Approaches Apple and Netflix To Sell Its Library

8Aug By reutersNo Comments

News

Movie Production House Eros Approaches Apple and Netflix To Sell Its Library

Indian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, a source familiar with the matter said. Global content streaming companies are jockeying to boost their Indian television, movie and music offerings in the world's fastest growing Internet services market. (more…)

Amazon Sales Climbs, Profit Slumps As Expansion Continues

28Jul By reutersNo Comments

BUSINESS, News

Amazon Sales Climbs, Profit Slumps As Expansion Continues

Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing. (more…)