Tri Huynh, a former director of business development, accused Walmart of having betrayed the principles of integrity and honesty espoused by founder Sam Walton in its push to show "meteoric growth" in e-commerce.
As per Amazon, in the overall perspective, 50 percent of their sellers come from Tier 2 and Tier 3 cities
The government is could soon put a clamp on the number of counterfeit products sold through online marketplaces.
Flipkart is widening its selection of brands & goods and ensuring faster deliveries to customers.
The company's efforts, however, have not bore real fruits as Amazon is facing a tough challenge from its local rivals like Bangalore-based Flipkart Online Services Pvt.
Issues facing Bengaluru’s office market include unplanned urbanisation, pressure on infrastructure, rising rents and supply crunch
Spotify, which wants to trade as SPOT on the New York Stock Exchange, is taking an unusual path to the U.S. public markets, with a direct listing that will let investors and employees sell shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering.
The world's largest online retailer said it would pack and ship products on behalf of Australian merchants through its new Fulfillment by Amazon program, and it aimed to launch its fast-shipping club Prime for shoppers by mid-2018, according to a statement.
But Amazon has the upper hand in the premium smartphone segment.
In its regulatory filing, Dropbox reported 2017 revenue of USD 1.11 billion, up 31 percent from USD 844.8 million a year earlier. The company's net loss narrowed to USD 111.7 million in 2017 from USD 210.2 million in 2016
Moms Demand Action for Gun Sense in America, founded after 20 first-graders were shot and killed at a Connecticut school in 2012, sent letters to Apple Inc., AT&T Inc., Amazon, Alphabet Inc's Google and Roku Inc on Friday, asking them to drop NRATV from their platforms.
Shrikhande was speaking on the sidelines of a two-day Retail Leadership Summit in Mumbai.
Walmart's proposed investment in Flipkart could include brick-and-mortar stores.
A deal with Walmart would give Flipkart much needed muscle in its fight against Amazon, which has committed to investing $5 billion in India as it expands aggressively, including into online grocery deliveries
The increase will bring Amazon's total number of permanent French staff to 7,500 in 2018 and reflects confidence in the economy of a country where the Seattle-based retailer invested over 2 billion euros since 2010, the company said in a statement.
Amazon's market value — its closing share price multiplied by the number of shares outstanding — rose to $702.5 billion on Wednesday, and for the first time passed Microsoft, which is worth $699.2 billion as of the close of trading.
CNBC has learned that Amazon Lending, which launched in 2011, ultimately found a partner in Bank of America Merrill Lynch, according to people familiar with the matter who asked not to be named because the alliance is confidential.
Walmart's online sales have been fast-paced for the last three consecutive quarters, far outpacing wider industry growth levels.
These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. The retailer's online sales have been on a tear for the last three consecutive quarters, far outpacing wider industry growth levels.
The Seattle Times first reported that Amazon was laying off "hundreds" of employees and "managing out" others as the company consolidates its retail operations.
The "Shipping with Amazon" service has already been tested in London, according to the Wall Street Journal.
The online business will sell products including food, clothes and everyday goods, NHK said citing unnamed sources, in what would be the latest tie-up between companies in Japan looking to bolster their online offerings as they eye encroachment by Amazon.
Amazon today said India continues to be a "good story" for the US e-tailing giant, even as its losses from its international operations widened to USD 919 million for the December 2017 quarter.
Patanjali recently tied up with e-commerce players like Amazon.in and Flipkart.com for marketing its products.
The American group unveiled the concept for its cashierless "Amazon Go" shop just over a year ago, saying the 170 square meters store would initially offer grocery products to its own employees before being opened to the public.