Page 33 - Amazon

This will be the best Diwali we've ever had: Amazon's Russell Grandinetti

Our competition is regular retail…. E-commerce has come a long way but it is still a very small percentage of overall sales in India, says Russell Grandinetti

Amazon inks pact with India Post for exporters; launches digital assistant

Amazon on Thursday said it has signed an agreement with India Post to simplify cross-border logistics for MSME exporters. Minister of State for Science and Technology Jitendra Singh unveiled a postal stamp to commemorate a decade of partnership between India Post and Amazon at the e-commerce company's Smbhav Summit 2023. Amazon introduced Sah-AI, a generative AI based personal digital assistant that leverages Amazon's experience of working with millions of sellers in India and globally to provide personalised assistance to new and existing sellers on its marketplace. Sah-AI simplifies time-consuming and complex steps such as registration, listing, and advertising support, among others, the company said. During the event, Amazon also announced its engagement with Indian Railways' Dedicated Freight Corridor Corporation of India (DFC), which makes Amazon the first e-commerce company in the country to leverage DFC for shipping customer packages through freight railway routes in ...

Amazon senior manager shot dead in northeast Delhi, relative injured

A 36-year-old man working as a senior manager with e-commerce giant Amazon was shot dead in northeast Delhi's Bhajanpura area, police said on Wednesday. The incident took place at around 11.30 pm on Tuesday when five unidentified people opened fire at Harpreet Gill and his maternal uncle Govind Singh (32) in Subhash Vihar, they said. Shot in the head, Gill was pronounced brought dead by doctors at the Jag Pravesh Chandra Hospital, while his relative was under treatment, police said. Gill, a resident of Bhajanpura, worked as a senior manager with Amazon at Jakhira in west Delhi. A bullet entered from the right side of his head behind the ear and exited from the other side, Deputy Commissioner of Police (northeast) Joy Tirkey said. Gill's uncle Singh lives in Bhajanpura too and owns an eatery there. He was also shot in the head but survived. He is undergoing treatment at Lok Nayak Jai Prakash Hospital and is stable, the police officer said. The duo was on a motorcycle when the ...

Return to office or risk losing job, Amazon CEO Andy Jassy warns staff

Morale at Amazon has taken a hit since the company laid off about 27,000 employees

Amazon now has over 6,000 electric vehicles in its India delivery fleet

Amazon is among many e-commerce firms and consumer goods manufacturers, that are scaling up EV deployment efforts to reduce costs and meet carbon emission targets

E-commerce firm Meesho aims to digitise 10 mn small businesses by 2027

The company said this would unlock new opportunities for small, medium, and local enterprises with an annual turnover below 40 lakhs, to embrace digital commerce

Amazon illegally called police on employees, labour board alleges

Last November, a federal judge in New York in a different case ordered Amazon to stop retaliating against employees for workplace activism

Ecuadorians reject oil drilling in the Amazon, ending ops in protected area

Ecuadorians voted against drilling for oil in a protected area of the Amazon, an important decision that will require the state oil company to end its operations in a region that's home to two uncontacted tribes and is a hotspot of biodiversity. Yasuni National Park is inhabited by the Tagaeri and Taromenani, who live in self-isolation. In 1989, it was designated a world biosphere reserve by the United Nations Educational, Scientific and Cultural Organization, also known as UNESCO. Encompassing a surface area of over 1 million hectares (2.5 million acres), it boasts 610 species of birds, 139 species of amphibians, and 121 species of reptiles. At least three species are endemic. With over 90 per cent of the ballots counted by early Monday, around six in 10 Ecuadorians rejected the oil exploration in Block 43, situated within Yasuni. The outcome represents a significant blow to Ecuadorian President Guillermo Lasso, who advocated for oil drilling, asserting that its revenues are cruci

This engineering student cheated Amazon of Rs 20 lakh with fake invoices

The police have seized 16 Apple iPhones, two MacBook laptops, one mobile phone, one desktop with hard disk and one air cooler. All the items were ordered from Amazon and marked for return

Amazon is imposing fee on sellers who don't use its logistics services

The company didn't explain to sellers why the levy was required, but said in a report that it will help cover the costs of running a separate infrastructure and measuring its effectiveness

Amazon cracking down on US employees who stay away from the office

Despite the end of pandemic-era, many employees are reluctant to come back to the office full time

Amazon loses key backer 4 years into plan to eliminate carbon emissions

The Science Based Targets initiative, a United Nations-backed entity that validates net zero plans, has removed Amazon from its list of companies taking action on climate goals

Amazon rolling out generative AI feature to summarise product reviews

Amazon is rolling out a new generative AI feature that summarises product reviews for customers. The feature, which the company began testing earlier this year, is designed to help shoppers determine at a glance what other customers said about a product before they spend time reading through individual reviews. It will pick out common themes and summarize them in a short paragraph on the product detail page. The company wrote in a blog post published Monday that the AI-generated reviews are now available to a subset of mobile shoppers in the US across a broad selection of products. And it may be expanded to more shoppers and additional categories of products in the coming months based on customer feedback, said Vaughn Schermerhorn, Amazon's director of community shopping. The Seattle-based company has been looking for ways to integrate more artificial intelligence into its product offerings as the generative AI race heats up among tech companies. Amazon hasn't released its own ...

Brazil's Amazon Summit ends with roadmap to protect world's rainforests

Brazil's Amazon Summit closed on Wednesday with a roadmap to protect tropical rainforests that was welcomed as an important step in countering climate change, but without the concrete commitments sought by some environmentalists to end deforestation. Leaders and ministers from eight Amazon nations signed a declaration Tuesday in Belem, Brazil, that laid out plans to drive economic development in their countries while preventing the Amazon's ongoing demise from reaching a point of no return. Several environmental groups described the declaration as a compilation of good intentions with little in the way of measurable goals and timeframes. However, it was lauded by others, and the Amazon's umbrella organization of Indigenous groups celebrated the inclusion of two of its main demands. It is significant that the leaders of the countries of the region have listened to the science and understood the call of society: the Amazon is in danger, and we do not have much time to act, the ...

Amazon nations seek common voice on matter of climate change, urge action

Eight Amazon nations urged industrialised countries on Tuesday to do more to help preserve the world's largest rainforest as their leaders met at a major summit in Brazil to chart a common course on how to combat climate change. They said the task of stopping the destruction of the rainforest can't fall to just a few countries when climate change has been caused by many. The members of the newly revived Amazon Cooperation Treaty Organisation, or ACTO, hope a united front will give them a major voice in global environment talks. It is time to look at the heart of our continent and consolidate, once and for all, our Amazon identity, said Brazilian President Luiz Incio Lula da Silva. The leaders aim to fuel much-needed economic development in their countries while preventing the Amazon's ongoing demise from reaching a point of no return, according to a joint declaration issued Tuesday, the first day of the two-day summit. Some scientists say that when 20 per cent to 25 per cent of th

Amazon nations seek support on climate change, urge developed countries

Eight Amazon nations called on industrialized countries to do more to help preserve the world's largest rainforest as they met at a major summit in Brazil to chart a common course on how to combat climate change. The leaders of South American nations that are home to the Amazon, meeting at a two-day summit in the city of Belem that ends Wednesday, said the task of stopping the destruction of the rainforest can't fall to just a few when the crisis has been caused by so many. The members of the Amazon Cooperation Treaty Organization, or ACTO, are hoping a united front will give them a major voice in global talks. The forest unites us. It is time to look at the heart of our continent and consolidate, once and for all, our Amazon identity, said Brazilian President Luiz Incio Lula da Silva. The calls from the presidents of nations including Brazil, Colombia and Bolivia came as leaders aim to fuel much-needed economic development in their regions while preventing the Amazon's ongoing dem

Amazon in talks to become anchor investor in SoftBank's Arm IPO: Report

Arm, owned by SoftBank Group Corp., is gearing up for what promises to be the biggest tech IPO of the year. It's spent months talking to some of its top customers about joining the offering

Amazon Great Freedom Festival Sale: Hurry up! Get incredible deals today

The Amazon Great Freedom Festival Sale is ending today. This is the best time to purchase phones, PCs, home products and other items on huge discounts during the Sale 2023

Amazon Great Freedom Festival Sale 2023: Best deals on smartphones revealed

Amazon Great Freedom Festival Sale 2023: If you're planning to get a new smartphone, you may not want to miss out on this sale. We bring you some of the best deals on smartphones you can get

Amazon crosses Wall Street's estimates, posts $134 bn revenue in Q2

Online sales lift earnings; shares surge about 11% in early trade