Search Result for : Amazon India

The Dollar Business Bureau E-commerce player Amazon India has got a licence for operating mobile wallet or pre-paid payment instrument (PPI) in India as it is trying to compete against its rivals in e-commerce space, Paytm and Snapdeal, more aggressively. The approval for mobile wallet will help the online marketplace to leverage the booming market for digital payments in the country. “We are pleased to receive our PPI license from the RBI (Reserve Bank of India). Our focus is providing customers a convenient and trusted cashless payments experience,” Amazon India said in a statement. In December last year, the US-based e-commerce major had launched the Pay Balance service for cashing in on the boom in digital payments space. Like the services of other mobile ...

The Dollar Business Bureau Vodafone India announced its partnership with Amazon Prime Video India, even as its merger with Idea Cellular was approved earlier. Under this new alliance, Vodafone customers who subscribe to Amazon Prime annual service of Rs.499 via Vodafone's app or website (only on Android phones currently), will receive a Rs.250 cashback in the form of Amazon Pay Balance, a wallet like service provided by the American e-tailer. Vodafone is the first telecom provider to have a partnership with Amazon Prime in India. The Vodafone subscribers will also be able to take the benefit of a SuperNet 4G network from March 22, 2017, a press release said. “This partnership with Amazon Prime Video strengthens our content proposition and reiterates our commitment to offering the best to our customers along ...

The Dollar Business Bureau Amazon Development Centre on Wednesday announced plans to unveil its two new customer service centres in Coimbatore and Noida later this year. The company’s Coimbatore facility will start in April, while the Noida one will be inaugurated in June. "The new customer service facilities in Coimbatore and Noida will augment our capabilities to serve our customers better and enable Amazon to deliver consistently high levels of customer experience," said Raj Raghavan, Director, Human Resources APAC. The new customer service facilities will handle Amazon’s pre- and post-order services through several mediums such as chat, e-mail and phone. "The facilities will help create employment for hundreds of customer service personnel in Tamil Nadu and Uttar Pradesh," Amazon said in a statement. With these two ...

The Dollar Business Bureau Amazon has launched its global 'Launchpad' programme in India to offer a platform to startups in the country to market, deliver and sell products across the world. India is the seventh nation where e-commerce major has rolled out its ‘Launchpad’ programme and this platform, which is ‘tailor-made’ for startups, is provided at a fee of Rs.5,000 per month. Amazon Launchpad is already available in the UK, the US, China, France, Germany and Mexico.With the help of the Launchpad page, entrepreneurs and startups can market their products on a world scale, by overcoming common challenges at the marketplace such as huge investments requirements to get noticed and reduced margins in channels, Amazon said. The Launchpad programme will provide access to startups and small firms to custom pages where the sellers can ...

The Dollar Business Bureau Amazon India on Thursday announced it will sell products of a leading Indian dairy brand in nine countries, starting with the US. In May this year, Amazon India launched its Global Selling program, which Indian vendors can use to sell their products in nine countries including the US, the UK, Canada, Japan and France with a total customer base of 300 million. “We are happy to announce an online exclusive partnership with Amul, the iconic and most loved dairy brand in India, giving Amul the access to new age digital shoppers. We are taking the brand to the doorstep (of consumers) across the country (US)” Gopal Pillai,Director and General Manager, Seller Services, Amazon India said in an interview. “Amul is (also) a part of ...

The Dollar Business Bureau Online major Amazon said on Thursday that the company’s profit in the second quarter jumped nine times to $857 million, backed by the cloud services as the technology giant extended its offerings. Amazon revenues have surged by 31 percent to $30.4 billion. The online giant said its stronger-than-expected outcome. Though Amazon has repute for delivering very less or no profit from its operations in retail, the company’s earnings have been increasing over the last year as it extends its services into video and new delivery and enhances the Amazon Web Services (AWS) - its cloud computing unit. The robust profit for Amazon came a year after the $92 million earnings, which started showing signs of improvement for the company. The technology giant has also been creating loyalty ...

The Dollar Business Bureau Amazon will make an additional investment of $3 billion in its operations in India to take its funding in the country to more than $5 billion, said Jeff Bezos, Amazon’s Founder and CEO on Wednesday. “Amazon will invest $3 billion more in India. This is in addition to the $2 billion announced in 2014,” the Chief executive said at the annual event of US India Business Council (USIBC) in Washington, which was attended by Prime Minister Narendra Modi. "I can assure you it is only the beginning and as we say in Amazon, it's only day one," Bezos said, while stating that the investments will help Indian start-ups and increase the role of the country as a hub for ...

The Dollar Business Bureau   Amazon, the leading global internet retailer, is heavily investing in India to compete with local rivals in e-commerce space such as Snapdeal and Flipkart. However, the company said that it will abide by the rules for e-commerce companies laid by the government that restrict internet retailers from providing heavy discounts and limit sales from their stored products to 25 percent. Amazon’s Head of Investor Relations, Phil Hardin said the company is happy to know the latest clarifications. Amazon can operate in any system, having proper clarity of rules. Amazon is competing with Flipkart and Snapdeal, both funded by Chinese e-commerce giant Alibaba, to acquire a significant market share in the growing e-commerce market in India. ...