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E-commerce major Amazon pumps in Rs 230 cr in Amazon Pay
Posted on 17th July 2018
E-commerce major Amazon has pumped in Rs 230 crore in its Indian payments arm, Amazon Pay, as it looks to strengthen its operations in the country and compete head-on with the likes of Flipkart’s PhonePe and Alibaba-backed Paytm. According to documents filed with the Registrar of Companies (RoC), Amazon Pay (India) has allotted 23 crore equity shares worth Rs 230 crore to existing shareholders — Amazon Corporate Holdings and — on right basis.

Amazon, Flipkart add star power to make their brands a hit
Posted on 16th July 2018
NEW DELHI: The battle for customer acquisition has taken a fresh turn with the top online marketplace companies Amazon and Flipkart roping in A-lister celebrities to push their brands. For the first time since it began operations in India, Amazon has roped in Amitabh Bachchan, Alia Bhatt and Salman Khan among a few others to promote Amazon Prime Video and its upcoming Prime Day. Rival Flipkart named Ranbir Kapoor and Shraddha Kapoor as its brand ambassadors last month.

Amazon Prime day sale: Samsung Galaxy Note 8 at Rs 41,990 and other deals you need to know
Posted on 14th July 2018
Amazon has announced a 36-hour long Prime Day sale on July 16. The sale will go live on July 16 noon simultaneously in 17 nations till July 17 midnight. Amazon's this year Prime Day sale is getting bigger than the last year's. The first edition of Prime Day sale was 30-hour long. This year Amazon will introduce around 200 exclusive products on its website.

Amazon Prime Day 2018: Offers on Samsung Galaxy Note 8, OnePlus 6, Honor 7C revealed – Check sale and discount details
Posted on 13th July 2018
Amazon Prime Day is scheduled to begin on July 16 at 12 noon. This is the second edition of the sale in India and it aligns with the Prime Day sales across other countries. With just three days to go, Amazon has now revealed the offers and discounts on the smartphones during the Prime Day sale. Besides smartphones, the sale will see huge discounts on other products such as home appliances, smart devices, clothing, home interiors, and more.

In lead up to Prime Day, Amazon ramps up room for 2-hour delivery service
Posted on 12th July 2018
With as many as 67 fulfilment centres (FC) across 13 states in India, and a storage capacity of over 20 million cubic feet, Amazon India says it is now has the largest warehousing capacity among all e-commerce firms in the country.

That apart, the company has created a whole new wing of forward logistics providers, which basically are small-format warehouses within a city for two-hour express deliveries. Amazon now has 17,500 such 'I Have Space' stores across 225 cities and 350 service partners in 320 cities.

Amazon looks to disrupt healthcare by entering medical supplies marketplace
Posted on 11th July 2018 Inc. has global aspirations for its medical-supplies marketplace, according to a job listing posted on its website, highlighting the e-commerce giant’s sweeping ambitions to disrupt healthcare by selling products to hospitals, doctors and dentists and offering prescription drugs.

The world’s biggest online retailer is looking to hire someone to lead outreach to medical-products manufacturers and service providers, who will focus on building the business in the US and then expanding it globally, according to a new job post.

Reliance zeroes in on last-mile delivery & customer experience to out-do Flipkart, Amazon
Posted on 10th July 2018
NEW DELHI: Reliance Industries has identified last-mile delivery as the biggest challenge for its planned online marketplace venture and will focus on nurturing this aspect of the business, where rivals Flipkart and Amazon have asignificant head-start, sources said.

Amazon Prime Day 2018: These start-ups are launching 25 new products
Posted on 6th July 2018
New Delhi: On Amazon Prime Day sale 2018 which kicks off on 16 July, multinationals will be competing with a gang of 18 start-ups to woo shoppers with new and innovative product launches at discounted prices. Start-ups from Amazon Launchpad will launch their products across categories like healthy food products, electronics, luggage & backpacks, beauty care, home decor, coffee and toys & games with exciting deals and offers.

Amazon closes in on Apple in the $1 trillion stakes
Posted on 3rd July 2018
In the battle for the first company to reach and sustain $1 trillion in stock market value, don’t count out a come-from-behind victory.

Apple Inc. has had a lock on its spot as the world’s most valuable public company by stock value for several years, and we’ve been waiting for it to crest the $1 trillion market cap milestone. The company inched within $50 billion of that mark in early June before its share price retreated a bit.

Amazon Web Services Cloud helping researchers make sense of genomics data
Posted on 2nd July 2018
When it comes to genome analytics, data may run in petabytes (PB is 1,000 terabytes). Keeping this data stored in Cloud is paramount and Amazon Web Services (AWS) is helping Genome Institute of Singapore (GIS) achieve that. “We do have a lot of data when we’re studying cancer or heart disease. That’s human data and for that, we have very strong security protocols in place.

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