Page 45 - Amazon

Amazon to integrate its logistics and SmartCommerce offerings on ONDC

This will be Amazon's first collaboration with ONDC; firm says it will continue to explore scope for stronger integration between the two in the future

Amazon's Alexa introduces new male voice as it completes 5 years in India

Amazon's Alexa is completing 5 years in India, and to celebrate the occasion Amazon has introduced new male voice options for Alexa's responses

Amazon introduces male voice option for Alexa's responses in India

Users will be able to use any of the wake words -- including Alexa, Echo, Computer and Amazon to ask questions in English, Hindi and Hinglish

Amazon closes $3.9 bn acquisition of healthcare provider One Medical

The acquisition was originally announced in July last year

Amazon closes $3.9 billion acquisition of health company One Medical

Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-commerce giant has said the buyout, which was announced in July, is a key component of its growing health care business, which includes its online drugstore Amazon Pharmacy and a patient to doctor messaging service called Amazon Clinic. One Medical, which was owned by an Francisco-based 1Life Healthcare Inc, has about 815,000 members and 214 medical offices in more than 20 markets. Its membership-based service offers virtual care as well as in-person visits. The two companies said Wednesday membership to the service will be available to new U.S. customers for $144 a 28% discount - for the first year. Last September, both One Medical and Amazon received a request for additional information from the Federal Trade Commission in connection with a review of the merger. The agency did not immediately respond to a request for comment on Wednesday. Customers want and deser

Centre pulls up Amazon, Byju's for unfair consumer practices: Report

Under the Consumer Protection Act, 2019, the department of consumer affairs has powers to penalise companies for misleading ads and unfair trade practices

FreshToHome raises $104 million from Amazon Smbhav Venture, others

Startup FreshToHome, which sells fish meat and poultry products, has raised USD 104 million from Amazon Smbhav Venture Fund and other investors to expand business including opening up of 100 physical retail stores. Launched in 2015, FreshToHome operates in more than 160 cities in India and the UAE and offers more than 2,000 certified fresh and chemical-free products. "We have raised USD 104 million fund in Series D round," FreshToHome CEO & co-founder Shan Kadavil told PTI. He did not disclose the valuation at which the fund has been raised. Asked about use of fund, Kadavil said the company will go deeper into the 160 cities in India and will also expand its retail stores to 130 from 30 over the next 12 months. The company will also look at expanding into more countries. At present, he said, the company has an annualised revenue of around Rs 1,100 crore, of which 85 per cent are from India. The existing investors, including Iron Pillar, Investcorp, Investment Corporation of Duba

E-commerce firm FreshToHome bags $104 mn amid long funding dry spell

Launched in 2015, FreshToHome operates in over 160 cities in India and the UAE. It offers more than 2,000 certified fresh and chemical-free products

E-commerce companies offer value products to woo Bharat as demand rises

Value e-commerce offers quality merchandise at affordable prices, mainly under Rs 1,000

Amazon asks employees to be in office at least three days a week from May 1

In a message that was posted on Amazon's blog, chief executive Andy Jassy wrote the decision was taken at a meeting earlier this week and the move would make it easier to learn and collaborate

Google layoffs reach Indian shores; company fires 453 employees in India

Last month, Alphabet Inc, the parent company of Google, announced that as a measure to cut costs, 12,000 employees, or 6 per cent of its total headcount, would be sacked

EU regulators set to investigate Amazon's $1.7-billion iRobot deal

EU regulators have sent the e-commerce giant a series of detailed questions over the proposed transaction, indicating that they are gearing up for a formal probe, the report said

Amazon's self-driving car shuttles people on public roads for first time

The company said the robotaxi trip marks the first time that a vehicle designed without human controls has carried passengers on a public road

Starbucks illegally threatened, sacked employees: US labour board rules

The dispute involves workplace activism in 2019, before the launch of the current Starbucks Workers United campaign which has reached hundreds of the company's US cafes

Online smartphone sales cross offline numbers for first time ever in 2022

Several smartphone companies offered online-exclusive deals and discounts helping the e-commerce companies to sell more

Amazon, Flipkart, 20 e-tailors get notice for selling drugs without licence

Amazon and Flipkart Health plus are among the 20 online sellers that have been issued show-cause notices by the Drugs Controller General of India (DCGI) over the online sale of drugs in violation of norms. The show-cause notice dated February 8 by DCGI V G Somani cited a Delhi High Court order dated December 12, 2018, which prohibits online sales of medicines without a licence. The notice stated that the DCGI had forwarded the order to all state and Union Territories in May and November 2019 and again on February 3 for necessary action and compliance. "In spite of the same, you are found to be engaged in such activities without a licence," the notice to the online medicine sellers said. "...You are hereby asked to show cause within 2 days from the date of issue of this notice, why action shall not be taken against you for sale, or stock, or exhibit or offer for sale or distribution of drugs in contravention of the provisions of the Drugs and Cosmetics Act 1940 and rules made ...

EBay to cut 4% of its workforce amid low consumer demand worldwide

The reductions are in response to the "macroeconomic situation around the world," Chief Executive Officer Jamie Iannone said Tuesday in a statement

Amazon's cloud gaming service 'Luna' to lose over 50 games: Report

Users can link their Ubisoft account to Luna to play owned PC games and can also purchase new ones

Close to 100,000 tech employees lost jobs globally in January alone

In what could be touted as the worst month ever for tech workers, close to 1 lakh of them lost jobs in the month of January globally

Amazon 'faces' US FTC antitrust investigation over market practices

The FTC began probing Amazon during the tenure of Republican Chairman Joseph Simons while Donald Trump was president