With a Rs 2,000 crore investment, Amazon targets smaller cities, expanding its fulfillment and delivery network to fuel growth, as it prepares for its first three-day Prime Day sale from July 12-14
Amazon sees a future centred around 'collaborative robotics' where machines are geared to amplify human capability and potential, rather than replace them, according to Tye Brady, chief technologist at the e-commerce giant's robotics unit. Amazon, which recently deployed one-millionth robot in its global operations and introduced 'DeepFleet', an AI technology to optimally coordinate movement of robots across fulfilment network (its intelligent warehouses), asserts that robotics will play a key role in building more capable societies. The company has grown from deploying a single robot type that moved inventory shelves across warehouse floors in 2012, to operating a diverse fleet of robots aimed at boosting operational efficiency. Amazon's lineup of robots includes 'Hercules', which can lift and move up to 1,250 pounds of inventory, 'Pegasus' robots that use precision conveyor belts to handle individual packages, and 'Proteus'. 'Proteus', in fact, is a fully autonomous mobile robot,
The sale, which coincided with his star-studded wedding to Lauren Sanchez in Venice, is part of a 10b5-1 trading plan Bezos adopted in March for up to 25 million shares
Delhi HC finds no specific role of Amazon in alleged trademark violation of Beverly Hills Polo Club brand and stays damages and cost order issued by single judge
High Court in February 2025 had directed Amazon Technology Inc. to pay the amount for infringement of the luxury brand Beverly Hills Polo Club (BHPC) owned by Lifestyle Equities
Amazon wins arbitration against Future Group at SIAC, but tribunal awards a fraction of claimed damages citing FRL's declining value and Covid-related business loss
With Prime Day 2025 set for 12-14 July, Amazon expands logistics with new fulfilment centres; Flipkart launches seller success programme for new entrepreneurs
San Giorgio, where emperors once met with popes, would host the patron of Amazon.com
Launched in 2020, Amazon's Counterfeit Crimes Unit has expanded to 12 countries, blocked fake listings, and led to civil and criminal actions with global law enforcement
Over the next several years, Amazon plans to build around 30 data centres at the site, packed with hundreds of thousands of specialised computer chips
The differential between the common tests offered by incumbents and new entrants is just about 5-10 per cent which isn't going to move the needle much in this business
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services
A LocalCircles survey finds 50% of Indian consumers pay convenience fees on most purchases, with 78% preferring platforms that don't charge extra for products or services
Amazon enters India's $15 bn diagnostics sector with at-home test collection, digital reports and integrated health services through Amazon Medical across six cities
Money will be used for company's infrastructure, employee wellness initiatives, developing technology
The ₹2,000 crore investment into Amazon India will go towards expanding fulfilment centres, improving safety and automation, and more
Amazon will invest over Rs 2,000 crore in 2025 to scale up its all-India operations network, the e-commerce giant said on Thursday. Investments will support network expansion and upgrades to serve customers faster and more reliably, advance technology and innovation, and improve employee and associate well-being, Amazon said in a release. The investment announcement comes at a time when India's e-commerce market is booming, fuelled by broadband penetration, affordable smartphones, digital payments, increasing spends from affluent and middle-class households, as well as a mobile-first, digitally-charged younger population. Companies like Amazon and Walmart's Flipkart, as well as smaller online players have reshaped India's e-biz landscape over recent years investing billions of dollars into the booming e-commerce market in the country, which as per some estimates, is poised to grow at a compound annual growth rate (CAGR) of 21 per cent and reach USD 325 billion in 2030. Announcing t
Amazon has satellite workplaces around the country, including major metropolitan areas like New York, Boston, Los Angeles, Dallas and Austin, giving workers some flexibility about where they lived
Amazon chief executive Andy Jassy cautions that AI will streamline operations, cut costs, and reduce the need for certain corporate roles as the company ramps up its investment in automation