The company has hired thousands of women associates as well as close to 1,900 PWD (persons with disabilities) into its existing network, with the majority of them being already onboarded
Amazon.com has stated its intention to expand its cashierless shopping technology, known as “Just Walk Out,” to more third-party stores this year while simultaneously reducing its reliance on the technology in its own stores. Presently, around 140 stores utilize this system, allowing customers to enter, shop, and exit without needing to pay at a register. […]
Amazon India’s bi-annual celebration of traditional craftsmanship, Karigar Mela, is set to return with its 2024 edition, themed ‘Thriving Sustainability with Handmade.’ Scheduled for 11 April 2024, the event aims to spotlight India’s diverse crafts and artisans while promoting sustainability, eco-friendly materials, and recycling techniques within the handmade industry. With over 2000 sellers participating, showcasing […]
A consumer commission has imposed a fine of Rs 35,000 on Amazon and one of its retailers for service deficiencies, citing the lack of an appropriate grievance redressal mechanism and “one-sided oppressive” sale terms. The District Consumer Disputes Redressal Commission (East Delhi) ruled on a complaint regarding a significant delay in refunding the price of […]
Amazon invested more than USD 1.2 billion and engaged around 15,000 professionals in 2023 to defend the brand, its merchants, and customers against fraud and counterfeiting. Amazon stated that when a client purchases from the store, they believe that they will receive real goods and when companies choose to sell in the store, they trust […]
The Unified Payments Interface (UPI) service has been made available by ecommerce giant Flipkart for both online and offline payments made both inside and outside of its app. Flipkart, which says it has over 50 crore registered users and 14 lakh sellers on its marketplace, would be able to rely less on third-party UPI apps […]
Amazon said on Tuesday that it had begun its delivery service in Gajoli, a rural village in Uttarkashi district, Uttarakhand. According to the firm, it is the first and only e-commerce company to transport items to the Maharishi Ashram in Gajoli, which sits at 4,500 feet in the Himalayan mountains. There are no businesses or delivery […]
Italy’s AGCM competition watchdog has fined British American Tobacco (BAT) and Amazon a total of 7 million euros ($7.5 million) for misleading advertising concerning heated tobacco products. BAT faces a 6 million euro fine, while Amazon’s penalty is 1 million euros. The fines were imposed due to insufficient information provided to consumers about the nicotine […]
Amazon founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for over USD 2 billion, according to a company filing on Friday, shortly after laying out a plan to sell his shares over the next year. The sale took place on Wednesday and Thursday, according to the fillings. Last week, Amazon […]
Amazon Seller Services, which handles the Amazon marketplace in India, said its US parent invested Rs 830 crore in the firm. Amazon Seller Services said it allocated 830 million equity shares to Amazon Corporate Holdings Ltd and Amazon.com.inc as part of the financial injection. On 19 January, Amazon invested Rs 350 crore in Pay (India), the […]
