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Amazon says it doesn’t own any equity in the seller company
Company’s FBA sellers, Cloudtail and Appario, are making a comeback
CAIT says Amazon making a mockery of the govt policies
Amazon India has announced that the ecommerce giant does not own any equity in the seller company, as it pulls…
IVCA has submitted its feedback to DPIIT and has also made a representation to the PMO
IVCA claims that new FDI rules will clip wings of Indian startup movement
It also says that these rules will favour big business houses over startups
At a time when the Department for Promotion of Industry and Internal…
Amazon CFO Brian Olsavsky said the rule will affect both users and sellers
Olsavsky added that the company is currently analysing the situation
Prime Now will also stop offering grocery and electronic products
As the revised ecommerce foreign direct investment (FDI) norms came into effect…
Tax reports of close to 400K Amazon sellers were leaked
The company said it resolved the issue ‘on priority’
This is the second data breach confirmed by the company in two months
Amazon India said that the tax data of close to 400K sellers…
In September 2018, Amazon and Samara Capital agreed to acquire More from Aditya Birla Group
CCI sent a notice to Samara Capital questioning Amazon's role in More if the joint takeover bid is approved
CCI raised questions on how the deal will comply with the updated FDI norms
The Competition Commission of India (CCI) has sought details from private equity…
Proposed ecommerce policy may recommend restrictions for differential and predatory pricing
To define flash sales and their duration to enable provision of a sunset clause
Suresh Prabhu to review proposed ecommerce policy this week
The much debated ecommerce policy draft is reportedly set to be reviewed…
Three startup acquisitions took place in the Indian startup ecosystem
$442.13 Mn was raised by 15 startups across sectors including fintech, hyperlocal among others
Online food delivery company Zomato acquired TechEagle Innovations
We bring to you the latest edition of Funding Galore: Indian Startup…
Amazon India had earlier received $1.38 Bn in 2018
Amazon India is fighting Walmart-Flipkart for dominance in India
Amazon gets more product returns in India than in any of the 17 markets where it operates
Global ecommerce company Amazon has reportedly invested $311.51 Mn (INR 2,200 Cr)…
Amazon India had reportedly channeled most of its B2B services through its main seller Cloudtail
Amazon India is expected to reach $70 Bn in GMV and $11 Bn in net sales by 2027
Amazon India uses its wholesale unit as a distribution channel that sources products from brands directly
Amazon Wholesale, the US-based ecommerce giant’s Indian Business-to-Business (B2B) platform, reportedly raked…
The class of 2019 can expect huge job opportunities from ecommerce and startup
The hiring will happen across various sectors including operations, human resources, marketing, sales among others
This hiring boom may record the annual pay going up to over $41.2K
2018 has been a good year for Indian startups. From massive funding…
The US-based marketplace bumped up its expenses in its India unit to $1.55 Bn in FY18
The company’s legal expenses increased 47% to $157 Mn
Amazon India’s operational revenue noted an increase of 57% reaching $67.58 Mn
Global ecommerce player Amazon’s India Unit, Amazon Seller…
The expected round of funding may be raised from at least one new investor and existing investors
This funding may be used to expand its presence across the major metros in India
BigBasket’s future plans also include acquisition of smaller startups
Bengaluru-based online grocery platform BigBasket is reportedly in…
