India Contributes To Amazon’s 77% Profit Plunge: Why Company Will Still Continue To Invest Here

Seattle-based Amazon, known for its strategy of investing in the future, has reported a 77 percent plunge in profits to $197 million from $857 million a year ago in the second quarter. The sharp fall in profit has been attributed to the investments the company is making in faster growing economies like India and in video content, Reuters reported. It could lose up to $400 million in operating profit during the current quarter,  Reuters  reported.

Can FreeCharge Be The Trump Card For Amazon’s India Play?

Global e-commerce major Amazon.com Inc. has reportedly thrown its hat into the ring to snap up FreeCharge not only to ramp up its presence in the Indian payments space dominated by players such as Alibaba-backed Paytm, but also to steer ahead of homegrown rival Flipkart.

Amazon, Big Basket, Grofers: Food Retail Is Heating Up; Expect More New Players And Consolidation

With the government approving Amazon’s proposed $500 million investment in the sector, the floodgates of the food retail sector seem to have been thrown open. Most analysts believe that after e-commerce, the food retail sector will be the next big space which is a low-hanging fruit say some. They expect the sector to see a few new entrants and consolidation to heat up further.

How Prime Video Is Turning The Ecommerce Wheel For Amazon

It wasn’t a coincidence that on July 10 when ecommerce giant Amazon unveiled its first Prime Day sale in India, Inside Edge, its maiden Indian Original series, was aired on Amazon Prime, the company’s video streaming platform.

Amazon Pay Gets $20 Mn From Parent, Rolls Out Third-Party Payment Services

American online retail giant Amazon has infused $20 million (Rs 130 crore) in Amazon Pay, with the much talked about wallet services for third-party payments finally rolling out in India.

Digital Payments: Paytm’s Biggest Contender Will Be WhatsApp Or Amazon?

With FreeCharge to be acquired Paytm and MobiKwik a distant second, there is only one clear leader in the digital wallet space currently. Paytm has surpassed several others in this segment and positioned itself well to rise the demonetisation wave.

Amazon Pay Plans Mobile Recharges, Could Be Tough Competition For Paytm, MobiKwik

Paytm and MobiKwik, India’s largest mobile wallet companies, had better pad up for their biggest competition yet. For, Amazon is preparing to enter the mobile recharge segment, which accounts for nearly one-third of spending on mobile wallets, with Amazon Pay.

Why Flipkart Needs More Than SoftBank To Take On Amazon

Online retailer Flipkart Online Services Pvt. is said to be close to a merger with smaller rival Snapdeal as it looks to fend off Amazon.com Inc. Yet, that may not be enough in a battle with the deep-pocketed American giant that has caught up with the homegrown rival.

Will Amazon’s Food Retail Foray End BigBasket’s Reign At The Top?

Seattle-based e-tailing giant Amazon.com, Inc has sought government approval to enter India’s food-retailing sector with investments totalling $515 million (Rs 3,368 crore) over the next five years. The company, which is already the number 2 player in India’s fast-growing e-commerce market, will open brick-and-mortar outlets as well, apart from an online portal.

Is Flipkart Clawing Back In The Game Against Amazon?

In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive months, after trouncing the US-based ecommerce company with its Big Billion Day sales in October. The Indian ecommerce giant recently witnessed a top-level management rejig.

Flipkart, Amazon, Snapdeal Losses Could Have Paid For Printing Notes After Demonetisation

Funded by foreign investors and parent companies, India’s leading e-commerce firms — Flipkart, Amazon and Snapdeal — have increased its losses by 51% in just one year to Rs 11,754 crore, to fund growth and dole out discounts to gain marketshare.

Losses of Flipkart, Amazon & Snapdeal would have allowed ISRO to go to Mars 24 times

At Rs 11, 754 crore, the combine losses of ecommerce majors Flipkart, Amazon and Snapdeal is almost equal to the annual budget of the Indian Space Research Organisation (ISRO).

投资无回报?印度多个电商平台面临亏损问题

据美国石英网12月27日报道,亚洲第三大经济体印度的电子商务零售商正努力弥补企业亏损。

据报道,在投资者投入百万资金后期待回报之际,Flipkart、亚马逊等电商企业采取积极投放广告和打折促销的方式来吸引消费者。但截止2016年3月31日的年度财务报告显示,许多在线零售商虽然收入大幅增长,但是亏损也在增加。

For All Their Stellar Sales Figures, India’s E-commerce Firms Are Also Struggling With Mounting Losses

E-tailers in Asia’s third-largest economy are in fix.

With investors demanding results after pouring in millions worth of funding, companies such as Flipkart and Amazon have resorted to aggressive advertising and discounting to attract customers. But while that has paid off in terms of sales, with many online retailers seeing huge jumps in revenue for the financial year that ended on March 31, 2016, losses have mounted.

Streaming Movies Space Sizzles With Amazon’s Entry

Will Amazon’s newly-launched SVOD platform Prime Video spell a turf war? Over-the-top players and market analyst note that content, pricing and ease of payment will be a key strategic area for consumers to shift preferences.

India’s OTT market already has players such as Star-owned Hotstar, Viacom18’s Voot, Netflix, Spuul and Hungama.

On A Screen Near You: The Amazon Versus Netflix Battle

The global battle between Netflix and Amazon for a larger share of TV and movie viewership is all set to play out in India. Eleven months after Netflix launched its services in India, e-commerce giant Amazon has now launched its subscription-based service Amazon Prime Video.

How It Made Itself Indian: The Amazing Rise Of Amazon In The Country

“This is just the beginning… we are building the most customer-centric company based on a large selection, low prices and fast delivery,” says Amit Agarwal, head of Amazon India.

Want To Buy Property In Delhi, Mumbai, Bangalore, More; Soon, Try Amazon.in

Want to buy property in Delhi, Mumbai, Bangalore, Pune, Gurgaon and more? Read on. Amazon, last year did two online property events to advertise their property. One with Tata Housing and the other one with Magic Bricks. Housing.com, Magic Bricks and 99acres are the main curators of properties and Amazon might be on its way to become the first broad based e-commerce firm to enter the business.

After Roti and Kapda, Amazon Bets On Makaan

Jeff Bezos-led Amazon, which is breathing down Flipkart’s neck in India, is likely to soon list houses and apartments, or run promotional campaigns to generate leads for real estate firms, a top company source said.

The company may take a nominal booking amount (like it does in case of automobiles) to begin with, the source added. “It is too early to give out exact details.”

Flipkart Follows Google, Amazon Into The World Of Secret Servers

Online retailer Flipkart is now following global pioneers like Amazon and Google to build its own servers and networks. The move is aimed at creating a platform that responds to specific requirements. The decision to build its own servers follows painful experiences of the past. Flipkart’s first Big Billion Day sale, in 2014, was a big turning point for the company, which was able to cross $1 billion for the first time since inception. But it was also a major embarrassment for the e-commerce giant.

‘Prime’ Isn’t Just For Faster Deliveries, It Has Got More In Store, Says Amazon

Amazon is encouraging customers to sign-up on Prime, its premium membership service, which is essentially the US-based e-commerce giant’s biggest loyalty program. And the hook is faster deliveries.

印度迎来十月节日大促,各大电商却无法烧钱打折?

往年的节日大促中,印度电商狂打“价格战”,商品价格甚至低至1卢布。今年,资本寒冬和政策变动让印度电商的日子不太好过,玩好十月开始的大促季显得困难重重。
作者 | 路遥
印度的销售旺季一般从10月拉开帷幕,到排灯节(每年10月或11月中)左右达到最高峰。往年,印度电商都会用巨额折扣吸引消费者,但今年三月印度出台的电商新政禁止电商打折促销,扰乱市场价格。

What will Indian E-Commerce Companies Do To Win This Festive Season?

On October 2, leading Indian e-commerce companies will kickstart their annual festive season sales. The three months starting October are crucial for both offline and online retailers in India as they account for some 40% of the annual consumer durables and electronics sales in the country.

Leading Indian e-commerce companies began preparations for this year’s sale months in advance.

Should Flipkart & Amazon Watch Out For Ecommerce Competition From Walmart?

With the acquisition of Jet.com, the year-old US based ecommerce startup, Walmart Stores Inc. made its way into ecommerce. Its entry into the lucrative online retail market came at an expense of $3 billion (to acquire Jet.com).

Why A Deal With Snapdeal Is A More Logical Choice For Flipkart Than Amazon

India’s e-commerce industry could see a major shake-up if online retailer Snapdeal’s preliminary conversations with local rival Flipkart and US-based Amazon to explore a possible merger make any headway. But a Flipkart-Snapdeal merger is a more likely scenario than a deal between Snapdeal and Amazon, say analysts.

Should Flipkart & Amazon Worry About Walmart’s Entry Into E-tail Market?

World’s largest retailer Walmart Stores Inc. has finally entered the e-commerce business with the acquisition of a one-year old startup Jet.com.