Amazon CEO Andy Jassy on Thursday said that the cloud arm of the company, Amazon Web Services (AWS), is expected to face short-term headwinds which could impact its growth rate. Jassy said that the growth rate is expected to soften despite AWS growing 29 per cent year-over-year (YoY) in 2022 on a USD 62 billion […]
The Indian eLogistics market is continuing to experience significant growth in FY23, as per the latest report by Redseer Strategy Consultants. The total number of shipments, including both forward and reverse logistics, for eCommerce logistics exceeded 4 billion in FY23, excluding hyperlocal shipments. In-house logistics and third-party players had almost an equal share in this […]
Amazon will shut down global online bookstore Book Depository after almost two decades, CNN Business reported. The UK-based bookseller, bought by Amazon in 2011, announced Wednesday that it would cease operations on April 26, but that customers could still place orders until midday UK time on that day. The company would continue to provide support […]
Anko, one of the most loved and trusted household brands in Australia, has announced its plans to launch in India with a digital-first entry via D2C channels and an association with Amazon.in. With this, Anko is all set to bring its curated range of home and living products to customers across the length and breadth […]
Although it might seem a little obvious, more listings online than necessary provide a single, blurry photograph of a product. Setting aside some time to go through your current e-commerce listings and ensure that each product has high-quality photos, a thorough description, and videos where necessary is one way to lower your return rates. You’ll […]
Abhay Batra, the Co-founder and CFO of Clovia, has recently earned a well-deserved spot on the prestigious ‘BW Retail World 40 under 40’ list for his exceptional contributions to the industry. Born and raised in Delhi, Abhay hails from a family of Chartered Accountants. Despite being offered the opportunity to join his father’s established 40-year-old […]
A top online shopping experience will be defined by two central qualities: speed and convenience. Customers value the ability to purchase swiftly and easily and are becoming less patient when it comes to waiting – for orders to be delivered, according to a recent study by LS Retail. However, value is still the prime reason […]
Snapdeal, an e-commerce platform, has started receiving orders through Open Network for Digital Commerce (ONDC), enabling seamless access to its selection of value merchandise for buyers using ONDC. The initial orders received via ONDC have been primarily focused on home and kitchen products, and the company plans to expand access to fashion, beauty, and personal […]
Amazon CEO Andy Jassy said Monday he was cutting 9,000 more jobs from the online retail giant’s workforce, following the 18,000 that were axed in January. The latest cuts come after the company announced earlier this year that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. […]
The Indian Institute of Public Administration (IIPA) and Amazon India today signed a memorandum of understanding (MoU) to explore collaboration on several joint initiatives, aimed at empowering consumers to shop online with greater confidence. The MoU signatories have agreed to collaborate to educate online consumers about their rights as well as raise awareness about safe […]
