Monday, November 18

Tag: Amazon

Amazon to Buy Publishing Business of Tata-Owned Westland
29Oct By PriyankaNo Comments
ACQUISITION

Amazon to Buy Publishing Business of Tata-Owned Westland

US-based e-commerce giant Amazon today said it is acquiring the publishing business of Tata-owned Westland for an undisclosed sum. The acquisition will enable authors of Westland, a subsidiary of Tata Group firm Trent, to grow their physical and digital book businesses in India as well as expand their reach to customers globally, Amazon said in a statement here. Earlier this year, the online marketplace had acquired a 26 per cent stake in the Tata-owned publishing company, "Our acquisition of Westland continues our commitment to India -- enabling Amazon to bring Westland's highly talented authors and their books to even more customers in India and around the world," said Amit Agarwal, Vice-President and Country Manager at Amazon India. "Since investing in Westland earlier this yea...
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Amazon challenges Apple and Spotify with New Music Streaming Service
12Oct By reutersNo Comments
News

Amazon challenges Apple and Spotify with New Music Streaming Service

Amazon.com Inc on Wednesday launched a full-fledged music streaming service with subscriptions as low as $3.99 per month for owners of its Amazon Echo speaker, accelerating the industry trend toward more flexible pricing after years of sticking to $9.99 subscriptions. The new streaming service, called "Amazon Music Unlimited," lets users access a vast catalog of songs on demand, similar to Spotify and Apple Music. Subscriptions to play music on the Echo cost $3.99 per month; for access beyond that device, subscriptions cost $7.99 a month for members of Amazon's Prime shipping and video service and $9.99 for non-members. Amazon will continue to offer Prime members a limited streaming service for free. As it plunges deeper into the crowded streaming field, Amazon is counting on the Ech...
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Google Launches Digital Voice Assistant, Expecting to Ship Nearly 3 Million Devices in 2017
5Oct By AdityaNo Comments
News

Google Launches Digital Voice Assistant, Expecting to Ship Nearly 3 Million Devices in 2017

On Tuesday, Google announced Google Home, its always-listening digital voice assistant device and competitor to Amazon Echo, helping to expand the market for digital voice assistant devices. Strategy Analytics' research indicates that the digital voice assistant device category is one that will grow quickly, with annual shipments totaling 15.1M units by 2020, up from 1.8M units in 2016. At retail, Google Home is expected to sell for $129, which is $50 less than the Amazon Echo. However, Amazon is also offering a pared down version of Echo, the Echo Dot, in packs of six for $250. The low price point is meant to drive adoption by making it affordable for users to put an Alexa device in every room of the house. At such low prices, it's unlikely that either company will turn a profit ...
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Travel Website Musafir.com Ties Up With Amazon Ahead of the Festive Season
3Oct By AdityaNo Comments
BUSINESS

Travel Website Musafir.com Ties Up With Amazon Ahead of the Festive Season

Musafir.com, one of India's fastest-growing travel websites has tied up with Amazon India in a unique marketing campaign, this festival season. The company will offer 200 lucky winners, who shop at 'Amazon Great Indian Festival', an all-expense paid couples' trip to Dubai for three nights and four days. "The festive season is all about giving, sharing and experiencing. We are extremely excited to announce our festive association with Amazon India. This unique partnership featuring one of the biggest online sales in the country with one of the biggest holiday giveaways in the history of Indian retail, is our way of wishing everyone a happy festive season and a prosperous year ahead," said Ms. Giya Diwaan, CEO, Musafir.com. Musafir.com is dedicated towards providing an inspiring and premiu...
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Amazon Prime Video to Launch Baahubali’s Animated Series
2Oct By Press Trust of IndiaNo Comments
News

Amazon Prime Video to Launch Baahubali’s Animated Series

Amazon Prime Video today said it has partnered with filmmaker S S Rajamouli, Graphic India and Arka Mediaworks to launch "Baahubali: The Lost Legends", a new animated series based on blockbuster film, "Baahubali". "The animation series will allow our customers to discover hidden stories and legends from the Baahubali world," Amazon Prime Video India Director and Country Head Nitesh Kripalani said. "Baahubali: The Lost Legends" is set before the Kalakeya invasion depicted in the movie, when Baahubali and Bhallaladeva are still both young princes of Mahishmati, a release said. It said the animated series will feature new, never before revealed stories about the characters from the film, including Prince Baahubali, Bhallaladeva, Kattapa and Sivagami, as well as dozens of new characte...
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Amazon to Set Up 3 More Fulfillment Centres By Year-end
26Sep By Press Trust of IndiaNo Comments
News

Amazon to Set Up 3 More Fulfillment Centres By Year-end

E-commerce giant Amazon will set up three more fulfillment centres in India taking the total number to 27 by the end of this year, a senior executive of the company said here today. "Right now, we have 24 fulfillment centres. By the end of this year, we should be closing with around 27 fulfillment centres. That would give a storage capacity of around 7.5 million cubic feet. That is one of the largest investments we committed to India," Noor Patel, Director Category Management, Amazon India told reporters in a press conference. However, Patel declined to reveal the locations for the proposed centres. A senior official of Amazon said currently 24 centres are located across 10 states in India. "This is the only country where Amazon is having its own delivery infrastructure," he ad...
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Largest Deal in E-commerce: Wal-Mart Acquired Jet.com For $3 Billion
9Aug By reutersNo Comments
ACQUISITION

Largest Deal in E-commerce: Wal-Mart Acquired Jet.com For $3 Billion

Wal-Mart Stores Inc, vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup. The deal disclosed on Monday follows a five-year e-commerce acquisition spree in which Wal-Mart, the world's biggest traditional retailer, has already bought 15 startups, seeking the talent and technology to make it a dominant player online and narrow the massive gap with market leader Amazon. Wal-Mart's online division has underperformed against Amazon, posting its slowest growth in a year in the first quarter as it struggled to gain traction with consumers, especially millennials. Jet.com was launched by internet entrepreneur Marc Lore in July 2015 and includes software that...
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Amazon Launches Prime Membership Service in India
26Jul By Press Trust of IndiaNo Comments
News

Amazon Launches Prime Membership Service in India

Amazon.in today announced the launch of its globally popular Amazon Prime membership programme in the country in over a 100 cities to enable free one-day and two-day deliveries to its customers. Prime products will be delivered through the fulfillment By Amazon (FBA) channel, which helps sellers by giving them access to Amazons fulfillment resources, fast, free delivery options for their products and customer service. "For sellers, Fulfillment by Amazon is now an even more powerful opportunity to rapidly grow their business and at the same time, provide customers across India with vast selection and unlimited fast free Prime delivery," Amit Agarwal, Vice-President & Country Head, Amazon India said. Along with unlimited free fast delivery, Prime members can enjoy Prime Early Access...
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Amazon Crosses 1 Lakh Sellers On Its Platform
11Jul By RishabhNo Comments
BUSINESS

Amazon Crosses 1 Lakh Sellers On Its Platform

PTI: E-commerce firm amazon.in has crossed one lakh sellers on its platform during April-June quarter, witnessing a growth of over 250% year-on-year. "Since our launch in June 2013, we have been working extensively to meet different business requirements of sellers and help them grow their business profitably online," said Gopal Pillai, General Manager and Director Seller Services, Amazon India. Seller initiatives include extensive education and skilling programmes, offering Fulfilment By Amazon wherein amazon.in packs, ships and delivers products to customers, manages returns and does customer service on behalf of the sellers, and other assisted shipping services. Amazon is also giving sellers access to over 304 million active customers through the Amazon Global Selling programme. "Ove...
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Amazon Invests in 6 New Fulfilment Centres Ahead of Festivals
7Jul By RishabhNo Comments
News

Amazon Invests in 6 New Fulfilment Centres Ahead of Festivals

E-commerce major Amazon has invested in six new Fulfilment Centres (FCs) to meet growing requirements of its fast-increasing seller base in the country. The new FCs, to be set up in Chennai, Coimbatore, Delhi, Jaipur and Mumbai, will bolster the companys presence in India ahead of the festive season, the company said in a statement today. With the launch of these new FCs, Amazon has a total area of 2.5 million square feet with a one-and-a-half times growth in storage capacity at 7.5 million cubic feet. An Amazon fulfilment centre serves as a modern, secure facility equipped with highly automated pick, pack and ship processes to facilitate safe and timely processing of orders. The company says it will keep investing in fulfilment and logistics capability to empower sellers. "It...
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Flipkart Emerged as The India’s Most Preferred E-commerce Platform
3Jul By AnkitaNo Comments
News

Flipkart Emerged as The India’s Most Preferred E-commerce Platform

India's most trusted e-commerce brand Flipkart has emerged as the most preferred platform across the nation. The e-commerce portal stands out on the customers preferences, reported a consumer study conducted by research firm Red Seer Consulting. The platform that offers maximum value for money and a wider meaningful assortment has been voted highest among all e-commerce platforms in India, which includes customer support, ease of return, refund and reverse pick up speed. The survey titled 'The Indian e-tailing Leadership Index' is based on over three thousand customer interviews and six thousand delivery instances across the country. Some of the parameters that customers across India were surveyed include brand trust, value, product variety and availability, ease of return, web and a...
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