Amazon launches ecommerce platform in Singapore

Amazon has introduced its new ecommerce platform in Singapore, Amazon.sg, enabling customers to place orders on desktop and mobile browser. Customers can download Amazon Shopping app or visit Amazon.sg to shop for various products, including books, video games, consumer electronics, baby and toys, and home and kitchen. The company is also offering free delivery to... Continue Reading →

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Amazon’s cloud biz revenues up 121% to Rs 2,740cr

The net profit for the business also increased by 150% to Rs 71.2 crore as the company continued strong growth momentum in the sector which has also attracted the interest of India’s top conglomerates as the government is enacting laws to store data locally. Bengaluru: Amazon Internet Services, which is the reseller for Seattle-based technology majors’... Continue Reading →

Top 3 ecommerce Germany: €13.92 billion

The top 3 of biggest ecommerce companies in Germany had a total revenue of 13.92 billion euros last year. Together, the online sales of Amazon, Otto and Zalando account for 41.4 percent of the country’s top 100 of biggest online retailers. The top 10 online stores in Germany still has the same names in the top three:... Continue Reading →

German marketplaces warn dealers: get a VAT certificate

Online marketplaces such as eBay, Amazon and Etsy are warning connected retailers who are subject to VAT in Germany. They should provide the marketplaces with proof of their VAT registration with a special certificate. The deadline for submission expires on the 1st of October. Starting 1 October, EU-based online retailers that sell to German consumers... Continue Reading →

Amazon to augment SEA presence by investing in Go-Jek

Sources claimed that Amazon is reportedly in talks with Go-Jek for a plausible investment. This move could bolster the presence of the e-commerce giant in Southeast Asia. Amazon is reportedly keen to join the start-up’s ongoing funding round. Amazon’s investment to Go-Jek will be significant as it has zero presence in Indonesia, which is home... Continue Reading →

Amazon coming offline with basics first and hits later

Amazon in talks with Future Group, Shoppers Stop and More, in which it has picked up stakes. KOLKATA: Amazon is entering offline retailing in India to create an integrated shopping experience for consumers across e-commerce and brickand-mortar stores as part of a strategy to take on Reliance and Walmartowned Flipkart, which are planning a similar push in the country. The Seattle-based e-commerce... Continue Reading →

Amazon fined 4 mln euros in France over competition issues – report

The decision by the Paris commercial court was not immediately available. PARIS - Online retail giant Amazon was fined 4 million euros ($4.5 million) by the Paris commercial court for introducing abusive clauses in its contracts with third-party vendors, French website Nextinpact reported on Tuesday. The decision by the Paris commercial court was not immediately available. "The court... Continue Reading →

E-commerce majors prepare for regulations on single-use plastic

Amid speculations that the government may impose a nationwide ban on single-use plastics soon, e-retail giants Amazon India and Flipkart have set targets to stop using single-use plastics in packaging. Chennai: You may soon be saved from mounting plastic waste accompanying your online purchases as e-commerce players — one of the bigger users of packaging products —... Continue Reading →

How Amazon plans to save its employees’ jobs from ‘robots’

The Wall Street Journal reports that $700 million in the next six years to reskill “third of its U.S. workforce as automation, machine learning and other technology upends the way many of its employees do their jobs.” There have been serious questions raised about advanced technologies like Artificial Intelligence (AI), Machine Learning (ML) and robotics, and how they... Continue Reading →

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