There were several debates on this topic and once, retired Amazon executive Ethan Evans recalls, the argument between Jeff Bezos and his VP went on for so long that the CFO stepped in and asked, 'Jeff, do you want me to end this?'
As per the terms and conditions, the Prime Shopping Edition tier is only available on the Amazon app or mobile browser on Android devices
The FTC said Amazon generates $25 billion in revenue from Prime subscriptions annually and that "one of Amazon's primary business goals – and the primary business goal of Prime – is increasing subscriber numbers."
Mumbai is the most expensive prime property market in India, followed by Delhi and Bengaluru.
The exact number of customers that will remain with Reliance Jio will be known after the Prime extension ends, said Nitin Soni, Director-Asia Pacific TMT at Fitch Ratings.
Out of 100 million-plus free subscribers, nearly 50 million have signed up for its 'Prime' membership by paying a one-time charge of Rs 99 and buying data packs, according to a PTI report.
E-commerce major Amazon India saw significant growth in new customer additions in tier III cities like Virudhunagar, Sambalpur and Kolhapur during its 3-day sale that ended today.
The Bengaluru-based company had launched Ola Play about two months ago, offering it to select users.
US-based e-commerce giant Amazon today launched its video streaming service exclusively for its Prime' members in India, allowing the users to access ad-free content, including new Bollywood releases ahead of their TV premiere.
Online giant Amazon unveiled its first branded airplane today, part of what is expected to be a fleet of "Prime Air" cargo planes.
Nitin Mathur, Emerging Markets Consumer Research, Societe Generale, feels United Breweries and United Spirits are expensive, and that the problems in Nepal are a one-off risk for Dabur.
Amazon's Prime members get unlimited access to videos under its Prime Instant Video service.
Walmart's service will offer selected products on the company's website to customers within three days or less.
Samsung's GT-I9250 to be Google's Nexus Prime
Tarun Katial, chief executive officer (CEO) of Reliance Broadcast expects the television business to fetch 20-30% revenue by last quarter of this financial year. In an interview to CNBC-TV18 he said, the quarterly runrate of the television business is expected to scale up to Rs 8-15 crore ahead.
India's largest lender State Bank of India (SBI) on Wednesday said it will withdraw its teaser home loan rates effective from May 1.