The vast majority of today’s leading companies will likely become toast—in a decade or less. Remember Blockbuster, the VCR and DVDs? Netflix and streaming technology helped kill them
The billionaire Chinese businessman sat down with CNBC this week at the Gateway '17 conference in Detroit for a wide-ranging interview on those topics and others. Here are the highlights:
Private labelled products allow e-commerce firms to earn much larger margins compared to the commissions earned through sellers that sell similar products.
Watch the interview of Hari Menon Co-Founder & CEO, Big Basket with Syna Dehnugara on CNBC-TV18, in which he shared his views on impact of GST on the business and the road ahead for the company.
The present ‘sale’ is largely driven by the imminent roll-out of GST.
The acquisition will help Amazon make a template for offline-online synergy which it could replicate in its key markets.
It's a sign of the aggressive direction Walmart is taking since buying Jet.com last year and keeping that company's founder as head of its online division. Walmart has since bought clothing seller ModCloth, footwear retailer ShoeBuy.com and outdoor gear seller Moosejaw as it focuses on brands appealing to younger shoppers.
The deal values Whole Foods at $42 per share. The shares were trading just under that level in early trading, while Amazon's shares were up 0.9 percent at $997.41.
With a net worth of more than USD 80 billion, Jeff Bezos is inching closer to becoming the world’s richest man. He is looking for ideas to 'help people in the short term'...
The new traffic routers can handle the greater demands of virtual reality programming, cloud-based internet services and next-generation mobile communications, the Finnish company said.
Amazon, which has completed four years of operations in India, has committed investments to the tune of USD 5 billion in the country.
The goods and services tax (GST) is around the corner and all industries are prepping for it. E-commerce giant Amazon's Amit Agarwal feels that the tax reform will help them in their overall business. He also added that thy are helping their sellers to transition to GST.
The company is endorsed by Bollywood star Shahrukh Khan and operates across 25 cities the country
The online retail industry is now focusing on profitability through convenience, easy return policies, customisation, time bound services and easier digital interface to keep customers flocking in
US stock markets punished tech stocks on Friday, and big tech names saw the worst of it.
Amazon India has hired several senior executives from Snapdeal in last few weeks, even as rival Flipkart is doing a due diligence for a potential acquisition of the Gurgaon e-commerce firm.
The proposal was pending before the Foreign Investment Promotion Board (FIPB) which has been abolished now.
The VC firm aims to reach out to India-focused disruptive startups
The workshop targets entrepreneurs, small and medium enterprises and manufacturers to sell their products to consumers across the globe.
Over 55 percent of the demand for products in the ‘garden category’ comes from tier II and tier III cities, Amazon India said in a report.
The two U.S. technology giants plan to "chip in funds", Gou said, according the interview with the newspaper. It was not immediately clear if this would take the form of a direct investment in the semiconductor unit or would be financing for the deal.
Under this “Digital Offline Model”, the company creates a location-wise credit profile for local grocery and telecom store owners and records their transaction data under it
The company plans to consolidate logistics with Myntra and grow revenues by 30 percent during the financial year, Jabong head Gunjan Soni tells Moneycontrol
Amazon, which launched as an online bookseller in 1995 but which now sells everything from designer clothes to groceries, bided its time before venturing into the US cultural capital. It launched brick and mortar bookstores in six other cities first, starting in its hometown Seattle in 2015.
The gift from Bezos, who also owns the Washington Post newspaper, was announced at the organization's awards dinner yesterday.