Initiative in AI, robotics aims to have 4,000 'young innovators' by next year
The company also reduced its net loss by 28 per cent during the year to Rs 3,469 crore, showed financial data sourced from business intelligence firm Tofler
Srivastava revealed that Amazon delivered over 30 million products the same day or next day (to Prime members), and customers had access to over 25,000 new product launches from top brands
Demand for premium products across categories, including television, smartphones, and large appliances, dominated the Diwali season sale during the Amazon Great Indian Festival (AGIF) 2024 that commenced from September 27, a senior company official said on Saturday. Amazon India Vice President Saurabh Srivastava told PTI that the company recorded 10-times growth in Apple iPad sales and five-times growth in Samsung tablets during the Amazon Great Indian Festival (AGIF) 2024. "One clear trend that was there is premiumisation. When we look at it, whether it is televisions or fashion and beauty, gaming laptops, home and kitchen appliances, we have seen a clear trend of premiumisation. People are preferring more premium products. Again, this is not limited to just top cities," Srivastava said. He said large-screen TVs contributed to about 30 per cent of the total unit sales in the segment and there was 10-times growth in their demand on a year-over-year basis with Samsung, Xiaomi, and So
The e-commerce firm said that more than 85 per cent customers were from non-metro cities
India's quick commerce sector has seen an astonishing growth rate, with sales increasing by more than 280 per cent over the past two years
Amazon Pay UPI usage surges by a record 16% YoY in the First 48 Hours of the Amazon Great Indian Festival 2024
Amazon's Prime Video said that it aims to have 'meaningfully fewer' advertisements compared to its competitors as the company braces for a heated competition in the Indian streaming market
Amazon India on Monday announced the Smbhav Hackathon 2024, a nationwide competition aimed at developing next-generation technologies and AI-driven innovations specifically for small and medium businesses (SMBs) in the e-commerce sector. The hackathon is a precursor to Amazon Smbhav 2024, the fifth edition of the company's flagship annual summit in India. For this event, Amazon has collaborated with Startup India, the Department for Promotion of Industry and Internal Trade (DPIIT), the National Innovation Foundation (NIF) - India, and the NIF Incubation and Entrepreneurship Council (NIFientreC). The hackathon will emphasise innovations that can influence the growth and success of small and medium-sized businesses (SMBs) in the fast-changing digital environment, the company said in a statement. Participants will address challenges like utilising social media for product promotion, optimizing multi-channel fulfilment, easing cross-border trade, and creating sustainable e-commerce ...
Products such as mixer grinders, juicers, thermal drinkware, headphones, chocolates and dry fruits were among the most corporate gifting items on the e-commerce firm's business-to-business marketplace
Amazon India faces scrutiny as allegations arise that one individual, Chirag Gupta, has unfairly won multiple contests over a decade, raising questions about the integrity of its promotional system
The company announced Wednesday it has created spotlights within its trucks to guide delivery people to packages for each stop along a route
Amazon India has partnered with Startup India, under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), to help startups scale growth through e-commerce. Through a dedicated page on the Startup India portal, the e-commerce firm and Startup India will work together to allow eligible startups to make use of e-commerce opportunities by registering on Amazon India's marketplace. The startups will gain access to the domestic market, mentorship from Amazon leaders, go-to-market support and logistics guidance, according to a company statement. "By combining Amazon's e-commerce expertise with Startup India's role as the Government of India's flagship initiative for the development of the startup ecosystem, we will provide a robust platform for Indian startups and businesses to scale domestically," Sanjiv, Joint Secretary, DPIIT, said. Furthermore, Amazon will work to empower select women entrepreneurs through its Saheli programme. Amazon's suite of services,
Since 2013, Amazon has invested around $6.5 billion in the e-commerce business in India
Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing
Amazon India launches safety, wellness initiatives for delivery associates
New Delhi: Amazon India has launched ambulance services for delivery associates in partnership with Dial 4242 and rolled out a comprehensive six-month health campaign which is expected to benefit over 50,000 associates, the company said on Monday.
The company's health campaign is aimed to provide free health check-up to delivery associates including eye and dental check-up along with creating awareness among delivery associates for their ongoing comprehensive health and accidental coverage including maternity cover for female delivery associates, the company said.
"The service addresses the need for immediate medical response during emergencies, ensuring timely assistance during the first few critical hours following an on-road accident, and will be available across Dial 4242's PAN India network," the company said in a statement.
Over the next six months,
This combined entity will be known as Amazon MX Player
The DG reclassified sellers initially listed as "third parties" to "opposite parties" without seeking prior approval from the CCI, which contravened standard procedures
'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce
Amazon was the first e-commerce company to partner with Indian Railways in 2019