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E-commerce giant eBay to lay off 500 employees

E-commerce giant eBay to lay off 500 employees

🕔12:37, 8.Feb 2023

San Francisco, Feb 8 (IANS) E-commerce giant eBay has announced to lay off around 500 workers, about 4 per cent of its staff globally, citing the macroeconomic situation. Jamie Iannone, CEO of eBay, announced the layoffs on Tuesday in a note

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Amazon launches dedicated air cargo network in India

Amazon launches dedicated air cargo network in India

🕔20:42, 23.Jan 2023

Hyderabad, Jan 23 (IANS) E-commerce giant Amazon on Monday launched Amazon Air in India to enhance its transportation network and enable faster deliveries to customers in the country. Amazon will utilize the complete cargo capacity of a Boeing 737-800 aircraft that

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GST Council to allow e-commerce for unregistered vendors

GST Council to allow e-commerce for unregistered vendors

🕔17:15, 17.Dec 2022

New Delhi, Dec 17 (IANS) The GST Council approved the amendments in the GST Act and GST Rules for allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs), subject to certain conditions. Appreciating wholeheartedly

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India e-logistics industry set to touch $9 bn with e-commerce boom

India e-logistics industry set to touch $9 bn with e-commerce boom

🕔11:43, 31.Oct 2022

New Delhi, Oct 31 (IANS) India’s e-logistics sector has become one of the largest and fastest growing logistics markets globally and is all set to reach the $9 billion industry, with a compound annual growth rate of 35 per cent, a

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Amazon to invest over 1 bn euros to electrify delivery fleet in Europe

Amazon to invest over 1 bn euros to electrify delivery fleet in Europe

🕔10:51, 11.Oct 2022

San Francisco, Oct 11 (IANS) E-commerce giant Amazon has announced that it will invest more than one billion euros to further electrify its transportation fleet across Europe over the next five years. The company said it is using thousands of zero-emission

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Amazon to develop software for its consumer robots in India

Amazon to develop software for its consumer robots in India

🕔13:30, 30.May 2022

Bengaluru, May 30 (IANS) E-commerce giant Amazon on Monday announced it will open a new consumer robotics software development centre here that will build solutions for the world. The India centre will help support Amazon’s international Robotics division, which launched its

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Amazon acquires Indian social commerce startup GlowRoad

Amazon acquires Indian social commerce startup GlowRoad

🕔10:55, 22.Apr 2022

E-commerce giant Amazon on Friday said that it has acquired homegrown women-focused social commerce startup GlowRoad for an undisclosed sum. New Delhi, April 22 (IANS) E-commerce giant Amazon on Friday said that it has acquired homegrown women-focused social commerce startup GlowRoad

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No changes in FDI policy for e-commerce, clarifications soon: Goyal

No changes in FDI policy for e-commerce, clarifications soon: Goyal

🕔07:23, 3.Jul 2021

New Delhi, July 3  The government will not make any changes in the much talked-about foreign direct investment (FDI) policy for e-commerce, said Union Commerce Minister Piyush Goyal on Friday, adding that they will soon come up with further clarifications

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Shopmatic announces fee relaxation for setting up online store by businesses

Shopmatic announces fee relaxation for setting up online store by businesses

🕔18:10, 8.Jun 2021

New Delhi, June 8  In a bid to support small and medium businesses and entrepreneurs, e-commerce enabler Shopmatic has announced zero hosting charges for anyone signing up between June 3 and August 31, 2021. As part of its “Inspiring Entrepreneurship

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Amazon to airlift 100 ICU ventilator units from US to India

Amazon to airlift 100 ICU ventilator units from US to India

🕔07:13, 28.Apr 2021

New Delhi, April 28  E-commerce major Amazon on Tuesday announced that it has procured 100 ventilators and will import these to India, in its bid to help the country fight the devastating second wave of Covid-19. Amazon has tied up

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Amazon launches $250 mn fund to support Indian startups

Amazon launches $250 mn fund to support Indian startups

🕔10:12, 16.Apr 2021

New Delhi, April 16  E-commerce major Amazon on Thursday announced a $250 million fund — Amazon Smbhav Venture Fund — to invest in startups and entrepreneurs focusing on technology innovations in SMB digitisation, agriculture and healthcare. The fund was announced

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Amazon, CII tie up to help MSMEs in 10 states adopt e-commerce

Amazon, CII tie up to help MSMEs in 10 states adopt e-commerce

🕔06:53, 10.Dec 2020

New Delhi, Dec 10  Amazon.in and CII have signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to micro small and medium enterprises (MSMEs) in 10 states across India. In a statement, Amazon India said, along with

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Amazon.in to host ‘Small Business Day’ sale event on Dec 12

Amazon.in to host ‘Small Business Day’ sale event on Dec 12

🕔07:12, 7.Dec 2020

New Delhi, Dec 7  E-commerce major Amazon India on Sunday said it will host the fourth edition of its Small Business Day (SBD) 2020 from midnight on December 12 until 11.59 p.m. on the same day. According to the company,

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Over 2,000 fashion stores join Flipkart to boost festive sales

Over 2,000 fashion stores join Flipkart to boost festive sales

🕔14:50, 15.Oct 2020

Bengaluru, Oct 15 Flipkart on Thursday said it has partnered with more than 100 brands this festive season to help bring their wide range of products across 2,000 fashion stores onto the e-commerce marketplace. Spread across more than 300 cities, this

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E-commerce enabler Bikayi raises Rs 15 cr from global investors

E-commerce enabler Bikayi raises Rs 15 cr from global investors

🕔13:00, 31.Aug 2020

New Delhi, Aug 31  Y Combinator-backed e-commerce enabler Bikayi on Monday said it has raised a seed round of $2 million (around Rs 15 crore) from a clutch of international investors including Mantis ventures, a venture capital fund promoted by

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Flipkart pledges 100% transition to electric vehicles by 2030

Flipkart pledges 100% transition to electric vehicles by 2030

🕔17:00, 25.Aug 2020

Bengaluru, Aug 25  E-commerce marketplace Flipkart on Tuesday said that it will transition its entire fleet to electric vehicles (EVs) within the decade by joining the non-profit Climate Groups global electric mobility initiative, EV100. The ‘EV100; initiative brings together forward-looking

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Amazon Prime Day in India starts on August 6

Amazon Prime Day in India starts on August 6

🕔17:35, 21.Jul 2020

New Delhi, July 21  E-commerce giant Amazon on Tuesday announced that its annual shopping festival Prime Day will start in India on August 6 and will run for 48 hours, offering members two full days to make use of the

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Amazon shares top $3,000 for first time

Amazon shares top $3,000 for first time

🕔15:07, 7.Jul 2020

San Francisco, July 7  E-commerce giant Amazon became worth more than $1.5 trillion after its shares breached the $3,000 mark for the first time on Monday, beating expectations of many analysts. The Covid-19 restrictions have dramatically increased demands for online

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Amazon in talks to buy stake in Bharti Airtel

Amazon in talks to buy stake in Bharti Airtel

🕔07:16, 5.Jun 2020

New Delhi, June 5  E-commerce giant Amazon is in talks to purchase a stake worth at least $2 billion in telecom major Bharti Airtel. According to reports, the Jeff Bezos-led Amazon would acquire around 5 per cent stake based on

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Amazon India to ply 10,000 electric delivery vehicles by 2025

Amazon India to ply 10,000 electric delivery vehicles by 2025

🕔13:12, 20.Jan 2020

Bengaluru, Jan 20  E-commerce giant Amazon India will deploy 10,000 electric vehicles (EVs) in its delivery fleet by 2025, the company said on Monday. “The expansion of our electric vehicle fleet to 10,000 vehicles by 2025 is an integral milestone

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