Page 58 - Amazon

India business most affected due to Covid-19 outbreak, says Amazon

"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.

Global stocks drop after comments from Amazon, Apple on Covid-19 impact

Amazon.com warned of a possible second-quarter loss, while Apple omitted an earnings forecast for the first time in more than a decade

Amazon: How numbers lie at the centre of Jeff Bezos' management ethos

In 1994, Bezos had just discovered that web activity had increased by a factor of roughly 2,300% in the past year. Later, he quit the lucrative Wall Street job and began his own business.

Amid race to woo small traders, CAIT readies online portal for kiranas

Called bharatemarket.in, the announcement comes at a time when e-tailers Amazon and Flipkart and offline player Reliance Retail are trying to woo small traders

Amazon sees loss in Q2 as it forecasts $4 bn in coronavirus related costs

Internationally, the pandemic has hit Amazon the hardest in India, where the company has had to forgo sales to comply with the government restricting delivery to essential goods such as groceries

India business most affected due to coronavirus lockdown: Amazon CFO

Last month, the government said e-commerce platforms would be allowed to sell only essential items during the lockdown

Stocks up, warehouses shut: Weal and woes of Amazon Inc during Covid-19

The company's website hit 2.54 billion visitors in March, which is a 65 per cent jump from the same period last year

Global business bodies nudge FM Sitharaman to defer equalisation levy

The bodies have also approached the US Trade Representative to call for discussion on India's move to impose equalisation levy while the matter is still under discussion at international level.

Amazon's foreign websites named in US piracy and counterfeiting report

The Office of the U.S. Trade Representative on Wednesday cited allegations of counterfeit goods sold on the Seattle-based online retailer's websites in Canada, Germany, France, India and the UK

What really is essential?

To make iron-fisted distinctions between essential and non-essential products is poor policy making

Amazon turns to blacklisted Chinese firms to buy thermal cameras: Report

China's Zhejiang Dahua Technology Co Ltd shipped 1,500 cameras to Amazon this month in a deal valued close to $10 million

Reliance begins using WhatsApp for grocery deliveries through JioMart

The Facebook deal will help Ambani set up a digital platform to take on Amazon and Walmart's Flipkart in an e-commerce market

Traders seek clarity, urge states to issue guidelines on reopening of shops

The Retailers Association of India (RAI) said the government's order to allow reopening of shops is open to interpretation as terms like "market complexes" are not easily understood

Lighter workload, better safety: French court backs Amazon workers

Amazon must limit deliveries in France to IT products, health items, food and pet food, the Court of Appeal said, upholding a previous order for the firm to curtail shipments

Voda, Airtel may go the Jio way, scout for tech giants looking for tie-ups

Telcos could explore equity tie-ups with tech majors

Why Facebook, Reliance Jio deal is a wake-up call for Amazon, Flipkart

Reliance Jio-Facebook deal is an attempt to marry e-commerce with social media, say analysts.

Amazon employees to strike over 'unsafe' conditons amid Covid-19 pandemic

The protest by more than 300 warehouse workers comes three days before an online strike by Amazon coders and engineers

PM Narendra Modi pushes for use of technology in the 'era of Covid-19'

He further spoke about how a "Digital First" approach has helped not just professionals, but also transformed the education sector and reduced corruption.

UK's competition regulator clears Amazon stake in coronavirus-hit Deliveroo

Amazon.com Inc led a $575 million fundraising in Deliveroo last May, making what the two parties called "a minority investment" and pitching it against Uber Eats and Takeaway.com

Coronavirus makes Amazon do the unthinkable: Nudging customers to buy less

Amazon is suppressing extraneous consumption in various ways, according to a report in the Wall Street Journal.