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Page 6 - Amazon India

Amazon launches facility in Bengaluru to train school students in tech

Initiative in AI, robotics aims to have 4,000 'young innovators' by next year

Amazon launches facility in Bengaluru to train school students in tech
Updated On : 12 Nov 2024 | 1:54 PM IST

Amazon Seller Services cuts net loss by 28% in FY24; revenue jumps 14%

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

Amazon Seller Services cuts net loss by 28% in FY24; revenue jumps 14%
Updated On : 11 Nov 2024 | 5:49 PM IST

More than 85% Amazon sale customers from non-metros: Saurabh Srivastava

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

More than 85% Amazon sale customers from non-metros: Saurabh Srivastava
Updated On : 03 Nov 2024 | 10:51 PM IST

Amazon India records high growth in premium product sales during festivals

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

Amazon India records high growth in premium product sales during festivals
Updated On : 03 Nov 2024 | 6:35 AM IST

Amazon Great Indian Festival 2024 records 1.4 billion customer visits

The e-commerce firm said that more than 85 per cent customers were from non-metro cities

Amazon Great Indian Festival 2024 records 1.4 billion customer visits
Updated On : 02 Nov 2024 | 9:39 PM IST

Quick commerce boom: Industry giants race to claim their slice of the pie

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

Quick commerce boom: Industry giants race to claim their slice of the pie
Updated On : 30 Oct 2024 | 2:13 PM IST

Amazon Great Indian Festival: How to turn UPI payments into Rs 10k rewards

Amazon Pay UPI usage surges by a record 16% YoY in the First 48 Hours of the Amazon Great Indian Festival 2024

Amazon Great Indian Festival: How to turn UPI payments into Rs 10k rewards
Updated On : 17 Oct 2024 | 8:39 AM IST

Prime Video viewers in India to face ad interruptions starting 2025

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

Prime Video viewers in India to face ad interruptions starting 2025
Updated On : 16 Oct 2024 | 3:51 PM IST

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz

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 ...

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz
Updated On : 14 Oct 2024 | 5:37 PM IST

Amazon Business reports over 134% growth on Corporate Gifting Store

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 Business reports over 134% growth on Corporate Gifting Store
Updated On : 11 Oct 2024 | 5:22 PM IST

Amazon India faces backlash: How one man keeps winning contests for 10 yrs

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

Amazon India faces backlash: How one man keeps winning contests for 10 yrs
Updated On : 10 Oct 2024 | 4:48 PM IST

To improve efficiency, Amazon develops new system for faster deliveries

The company announced Wednesday it has created spotlights within its trucks to guide delivery people to packages for each stop along a route

To improve efficiency, Amazon develops new system for faster deliveries
Updated On : 09 Oct 2024 | 10:29 PM IST

Amazon partners with Startup India, DPIIT to enhance startups growth

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,

Amazon partners with Startup India, DPIIT to enhance startups growth
Updated On : 09 Oct 2024 | 6:38 PM IST

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD

Since 2013, Amazon has invested around $6.5 billion in the e-commerce business in India

Amazon, Unilever veteran Manish Tiwary set to become Nestle India MD
Updated On : 07 Oct 2024 | 11:44 PM IST

Nestle nominates former Amazon India exec Manish Tiwary as India MD

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

Nestle nominates former Amazon India exec Manish Tiwary as India MD
Updated On : 07 Oct 2024 | 11:27 PM IST

Amazon India launches safety, wellness initiatives for delivery associates

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,

Amazon India launches safety, wellness initiatives for delivery associates
Updated On : 07 Oct 2024 | 10:40 PM IST

Amazon miniTV merges with MX Player to expand ad-supported streaming

This combined entity will be known as Amazon MX Player

Amazon miniTV merges with MX Player to expand ad-supported streaming
Updated On : 07 Oct 2024 | 7:42 PM IST

Karnataka HC halts CCI probe against Flipkart, Amazon over procedural error

The DG reclassified sellers initially listed as "third parties" to "opposite parties" without seeking prior approval from the CCI, which contravened standard procedures

Karnataka HC halts CCI probe against Flipkart, Amazon over procedural error
Updated On : 05 Oct 2024 | 10:38 AM IST

Amazon is making its Local Shops program more robust this festive season

'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce

Amazon is making its Local Shops program more robust this festive season
Updated On : 26 Sep 2024 | 7:08 PM IST

Amazon leverages air, rail for faster festive deliveries across India

Amazon was the first e-commerce company to partner with Indian Railways in 2019

Amazon leverages air, rail for faster festive deliveries across India
Updated On : 26 Sep 2024 | 7:00 PM IST