NewsAmazon India brings virtual gold on its payment platformPhonePe and Paytm already allow buying and selling of gold on their platforms. 2 mins read
Reliance Retail has acquired a majority stake in Netmeds for USD 83 million. NewsReliance and Amazon to rejig power balance in India’s online pharma sector4 mins read
Investment powerhouse changes tack after being burned by unicorns. NewsSoftBank pours billions into Big Tech, amasses USD 1.2 billion in Amazon2 mins read
Amazon’s smartphone market share was driven by Xiaomi, Samsung, and OnePlus. NewsAmazon trumps Flipkart in online sales of smartphones in Q2 20203 mins read
Amazon’s foray in this space comes at a time when the demand for home delivery of essential services which includes medicines is on a rise. NewsAmazon now delivers medicine to Indians’ doorstep2 mins read
According to a Nielsen report, 43% of offline sellers said the main reason for merchants to participate in an online sale event is a prospect to revive their businesses. NewsAmazon and Flipkart pin their hopes on festive season sale to revive businesses and shed overstock2 mins read
E-commerce companies are preparing to bolster their supply chain ahead of the festive season sale in the country. NewsAmazon India to open 10 new fulfillment centers to strengthen its presence in the country3 mins read
Building local servers expand the market pool for cloud providers. InsightsIn Indonesia’s cloud war, Google and Alibaba are one step ahead of competitors8 mins read
Walmart pumped in USD 1.2 billion in Flipkart, at a valuation of USD 24.9 billion this month. NewsFlipkart acquires Walmart’s wholesale business in India2 mins read
NewsDeals in brief: Bundle raises pre-seed funding, Temus acquires Thinking Machines, nine China investments, and more
