Page 9 - Amazon India

Ecommerce company Amazon infuses Rs 1,600 crore into India entity

Amazon's chief rival Flipkart recently raised nearly $600 million in fresh funds from its parent company, Walmart, and another investor

Amazon's accelerator aims to launch 50 Indian startups in global markets

The applications for the programme open today, will close on June 14, 2024. It will culminate in a demo day where participants will get chance to pitch their business propositions to leading VC firms

Amazon's new fees on sellers likened to 'kick in the gut': Report

In the first four months of the year, American consumers have increasingly opted for the least expensive products in nearly all categories, according to a report released Thursday by Adobe Inc

Amazon launches Fire TV Stick 4K with HDR10 Plus, Dolby Vision at Rs 5,999

The 2024 Fire TV Stick 4K streaming device is now available for pre-order on Amazon India with sales scheduled to commence from May 13

Amazon Great Summer Sale and Flipkart Big Saving Days to start today

Both two e-commerce giants, Amazon and Flipkart, are ready with their Great Summer Sale and Big Savings Days, respectively. Check great deals on different products and accessories

Amazon, Flipkart sale kicks off from May 2: Know deals, offers, and more

While Flipkart has kicked off early bird offers a day in advance, Amazon India is set to kick off sale offers for its prime members from 12 am to 12 pm on May 2

Fuelled by AI, Amazon, Microsoft, Alphabet post better-than-expected sales

Many big customers have started spending again on cloud computing after pausing last year to cut costs, executives and analysts said

Amazon India's eighth edition of 'Prime Day' event coming up in July

The e-commerce firm stated Prime Day 2023 was the biggest ever Prime Day in India as 14 per cent more Prime members shopped hundreds of thousands of deals compared to Prime Day 2022

Taking learnings from India, replicating them globally: Amazon Prime head

Ghani says that the firm is making investments in infrastructure and last-mile capabilities to improve delivery speeds

Maestro: Amazon Music tests AI-generated playlist feature on Android, iOS

Amazon Music said its AI playlist generator, Maestro, can create playlists from a prompt, which could be in the form of text, emojis, emotions, activities, and sounds

Amazon to push cashierless shopping tech into more third-party stores

The company refuted a report by tech site The Information this month that the technology relies on human reviewers in India to watch customers as they shop

Now you can buy affordable products on Amazon Bazaar under Rs 600

Amazon launches Bazaar to compete with Meesho, offering fashion and home products under Rs 600

Amazon's 'just walk out' checkout tech was powered by 1,000 Indian workers

As many as 1,000 workers in India were required to review what the customers picked up, and ultimately walked out with from Amazon's Just Walk Out-enabled stores

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at AWS, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects

UP extremely important, one of fastest-growing markets for Amazon: Srikanth

Terming Uttar Pradesh as an "extremely important" and "one of the fastest-growing markets" for Amazon.in, a senior company official said 2023 witnessed healthy double digit growth, and that momentum has continued this year, too. "In Uttar Pradesh, we are delivering across all districts and all serviceable pin codes. In 2023, we saw more than 25 per cent growth year-on-year, and that momentum has continued in 2024 as well," K N Srikanth, Director, Home, Kitchen and Outdoors, Amazon India, told PTI. "In the first three months (of 2024), we have seen more than 25 per cent growth year-on-year on a large base. So it's a very important and large market for us," he said. "Lakhs of our customers, and more than 1.6 lakh sellers are based out of Uttar Pradesh," K N Srikanth, who was in Lucknow on Tuesday to attend a daylong event to "celebrate the success of Amazon in the region", said. "Hence you will also see that we have large fulfilment centres here to store products from sellers, and sh

No better country than India for tech firms: Amazon's Manish Tiwary

India is second-largest market for e-commerce major in terms of number of employees, only behind the US. Amazon is doubling down on its job creation efforts in the country

Amazon pours additional $2.75 bn into Anthropic, total investment at $4 bn

Amazon said on Wednesday it is pouring an additional USD 2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to USD 4 billion. Amazon will maintain a minority stake in San Francisco-based Anthropic, a rival of ChatGPT maker OpenAI. Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers' experiences, and look forward to what's next, said Swami Sivasubramanian, vice president of data and AI at AWS, Amazon's cloud computing subsidiary. The Seattle-based tech giant made an initial investment of USD 1.25 billion in Anthropic in September and indicated then it had plans to invest up to USD 4 billion. The two companies are collaborating to develop so-called foundation models, which underpin the generative AI systems that have captured global attention. Under the deal, Anthropic will use AWS as its primary cloud provider and us

69% Indian shoppers prefer deliveries with minimal packaging: Amazon study

Globally since 2015, Amazon has reduced the weight of outbound packaging per shipment by 41 per cent on average and eliminated over 2 million tons of packaging material

Amazon Pay to ramp up Smart Stores service partnership to 150 brands

The company has launched 18,000 Smart Stores in India since its inception in 2019

Amazon India revises seller fees for 2024 due to macroeconomic factors

Starting April 7, there will be changes in referral fee, closing fee and weight handling fee, besides other fee heads, for sellers on Amazon.in