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Amazon’s Audible debuts with 400 Indian titles
Posted on 14th November 2018
Mumbai: Global audiobooks market leader Audible launched its first Indian title on Tuesday, marking its formal entry into the country. The audio adaptation of Mafia Queens of Mumbai, a 2011 crime thriller by Hussain Zaidi and Jane Borges, was revealed at Mumbai’s Royal Opera House as a spoken word excerpt performed by actors Rajkummar Rao, Radhika Apte and Kalki Koechlin.

Amazon chooses New York, Northern Virginia for new headquarters: WSJ
Posted on 13th November 2018
Amazon.com Inc has selected New York City and Northern Virginia as the company’s second and third headquarters, the Wall Street Journal reported.An announcement could come as soon as Tuesday, the newspaper reported, citing unidentified people familiar with the plan. Other cities may get major sites from the company, the newspaper said.

Flipkart, Amazon get fashion conscious
Posted on 12th November 2018
The online fashion space is buzzing at the moment. Alongside vertical players such as Jabong and Myntra, horizontal e-tail platforms — the likes of Flipkart and Amazon — are steadily growing their offerings, be it through private labels or brand partnerships. RedSeer’s latest study estimates that horizontal players roughly contribute to 45% of online fashion e-commerce.

Amazon to start selling latest Apple products, excluding speaker
Posted on 10th November 2018
Apple Inc. and Amazon.com Inc., two of the world’s most valuable technology companies, struck a deal to get the newest iPhones into the hands of Amazon customers. Amazon said Friday it would begin selling the most-recent iPhone, iPad, Mac computer, Apple Watch and Apple TV models on its website, along with branded accessories and headphones from Apple’s Beats subsidiary.

Amazon Alexa now ‘echoes’ from Valley to Kanyakumari
Posted on 9th November 2018
Amazon is betting big to sell its voice-activated artificial intelligence assistant Alexa in the country and woo Indian consumers. The online retail giant said that Alexa had acquired 20,000 skills such as telling cricket score, conducting quizzes and doing utilities to serve Indian customers since last October when it launched Alexa-powered Amazon Echo line of speakers in the country.

Flipkart, Amazon not violating competition norms, says CCI
Posted on 8th November 2018
New Delhi: Fair trade watchdog CCI has concluded that the business practices of Flipkart and Amazon are not in violation of competition norms and rejected allegations of abuse of market dominance made by a grouping of online vendors.

Amid concerns expressed in various quarters about alleged unfair business ways in the fast-growing online market place,


Amazon plans to shift HQ2 in two locations: Long Island City, Crystal City
Posted on 6th November 2018
Amazon.com Inc. will separate its proposed second headquarters into two locations, and is close to deals to put major new offices in Long Island City, New York, and the Crystal City area of Arlington, Virginia, according to the New York Times, which cited unidentified people familiar with the matter.

Last day of Amazon's Diwali sale: With 80% discounts, easy EMIs and cashback offers, here's all you need to know
Posted on 5th November 2018
Amazon India has announced Diwali sale, bringing the festivities early for online shoppers. After the Great Indian Festival Sale, Amazon India announced its Diwali sale. The sale started on Novermber 2 and will continue till November 5, i.e today.

Amazon Pay, ICICI launch new credit card as US firm eyes fintech expansion
Posted on 31st October 2018
Amazon Pay, the online payments processing service owned by the America-based retailing major, has tied-up with ICICI Bank to launch an Amazon Pay ICICI Bank credit card in partnership with Visa.

It has planned to majorly expand in the financial technology space and in making digital money more prevalent in tier-III cities and other towns. Amazon Pay says their tie-up would help in greater penetration for ICICI into places where credit card usage is less.


Amazon's Bezos breaks Zuckerberg's record, loses $19.2 bn over 2 days
Posted on 30th October 2018
Jeff Bezos is still the world’s richest person, but he’s a lot closer to No. 2 Bill Gates than just a few months ago.

The Amazon.com Inc. founder lost $19.2 billion over the past two trading days -- the most ever in that time, according to the Bloomberg Billionaires Index -- amid a global market selloff fueled by fears of further trade tensions.


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