The acquisition would help Amazon compete with Flipkart's Shopsy platform and social commerce firms such as Meesho, DealShare, BulBul, Mall91, and simsim.
Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry
Amazon during the argument questioned the CCI order, arguing it did not have power to suspend or place its own order in abeyance
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However, Alphabet and Google CEO Sundar Pichai saw a drop of 14% in his bonuses in 2020 and 2021
A leading mobile retailers' body has claimed that unethical and monopolistic business practices of online sales platforms are jeopardising' the future of 150,000 brick and mortar smartphone retailers
"Our injury rates are sometimes misunderstood. We have operations jobs that fit both the 'warehousing' and 'courier and delivery' categories," Jassy said late on Thursday
Tech giant Amazon has announced that Amazon Kids+ is now bringing the fun of mobile gaming to its fans with the release of 'Super Spy Ryan and "Do, Re & Mi, with more games arriving later this year.
Amazon is taking a step to offset its rising costs, announcing it will add a 5% fuel and inflation surcharge to fees it charges third-party sellers who use the e-commerce giant's fulfillment services.
We're also passionate about further improving safety in our fulfillment network, with a focus on reducing strains, sprains, falls, and repetitive stress injuries, he wrote
In a 16-page letter to Kishore Biyani, his daughter Ashni and other promoters, Amazon has said such meetings violate Singapore tribunal's injunction on sale of retail assets to RIL
In a 16-page letter to Kishore Biyani and other promoters on April 12, the US e-commerce giant said such meetings are illegal
In his new role, Vedhanarayanan Ganeshkumar will also build and lead a talented team of engineers, software development managers, product managers, program managers
The company is a long way from launching a drone delivery service
Amazon counts Walmart-owned Flipkart, Reliance's JioMart and Tata among its rivals to tap the booming e-commerce market, which is expected to reach $350 billion by 2030 from $45-50 billion now
By Simon Jessop and Ross Kerber
The decision means Amazon investors will get to vote on the issue for the first time, proponents said
Described as a "super-app" and in the pipeline since at least mid-2020, the website called it "a unified platform that connects several brands across the Tata universe like never before"
The main reason for waiting for the IPO is due to Flipkart's internal plan to boost valuations further.
SC on Wednesday observed that parties will approach tribunal led by Singapore International Arbitration Centre to resume arbitration proceeding in relation with merger deal of FRL with Reliance Retail