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Amazon boss schmoozes small business in India with $1bn fund
Amazon.com CEO Jeff Bezos said his company will invest $1 billion to bring small businesses online in India, reaching out to some of his fiercest critics. Read more…
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India launches antitrust probe of Amazon and Walmart’s Flipkart
India has ordered investigation of Amazon.com and Walmart’s Flipkart over alleged violations of competition law in latest setback for the e-commerce giants Read more…
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Alibaba makes move on Europe by undercutting Amazon
China’s retail king Alibaba is finally making its move on Europe by undercutting Amazon sellers’ fees to attract vendors but has had mixed results. Read more…
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Google – winner in search, second to Amazon in smart home?
Google will get better at search which will increase its dominance, but it won’t help in the struggle with Amazon for the smart home. Read more…
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Amazon launches bigger local online store in Singapore
Amazon.com Inc has launched a bigger local store and marketplace in Singapore, expanding its product selection and intensifying competition with rivals Read more…
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Record first day India festive sales for Flipkart, Amazon
Flipkart and rival Amazon said both made record sales in the opening day of their annual festive season sales in India that kicked off over the weekend. Read more…
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Amazon buying 100,000 electric vans, carbon neutral by 2040
Amazon CEO committed the company to being carbon neutral by 2040 and said part of that pledge is an order for 100,000 electric delivery vans. Read more…
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Indian trade body asks Govt to stop Amazon, Flipkart discounting
A leading Indian trader body asked the government on Friday to ban upcoming festive sales on Amazon’s local unit and its rival Flipkart. Read more…
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Amazon in early talks for a stake in Indonesian Go-Jek
Amazon Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters. Read more…
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India should encourage ecommerce to revive growth: Amazon
Amazon says India needs to encourage ecommerce and reduce red tape to help small businesses sell online to revive sagging domestic economic growth. Read more…