Focus On Strategy, Consumers: Amazon India Head
Dec 22, 2016
On April 10, 2017 14:53 (IST)
SoftBank is closing in on an agreement to combine its e-commerce company Snapdeal with market leader Flipkart Online Services Pvt., creating a stronger domestic player to compete with the American behemoth, according to people familiar with the matter.
On April 06, 2017 12:36 (IST)
Bezos' total Amazon holdings, representing a 16.95 percent stake in the company, are worth $73.54 billion at Wednesday's closing price.
On March 30, 2017 18:55 (IST)
Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com.
On March 20, 2017 22:02 (IST)
Mr Gates was followed by Berkshire Hathaway chief Warren Buffett among the top 10 billionaires, a group heavily dominated by Americans, many of whom work in the technology sector.
On January 16, 2017 16:07 (IST)
According to the Forbes list, Microsoft founder Gates is the richest individual with a net worth of $75 billion.
On October 03, 2016 13:28 (IST)
Flipkart Ltd., India's top web retailer, and local rival Snapdeal, are well aware that they're facing a critical test this year.
On August 25, 2016 22:05 (IST)
Ride-hailing giant Uber Technologies Inc lost at least $1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter.
On July 29, 2016 10:08 (IST)
Jeff Bezos, the founder and chief executive of Amazon.com Inc, has become the world's third-richest person as of the market close for the first time, Forbes magazine said, passing Warren Buffett, the chairman and chief executive of Berkshire Hathaway Inc.
On July 29, 2016 08:02 (IST)
Amazon forecast current-quarter net sales of between $31.0 billion and $33.5 billion, factoring in sales from its Prime Day annual shopping festival.
On July 26, 2016 16:41 (IST)
US-based online retail giant Amazon has launched its 'Prime' subscription programme in India to woo customers with free one-day delivery as it looks to stay ahead of competitors like Flipkart and Snapdeal.
On July 23, 2016 11:12 (IST)
The world's richest man became even richer on Thursday. Bill Gates made nearly a half billion dollars to push his net worth past $89 billion.
On June 20, 2016 12:21 (IST)
A space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts by launching satellites into orbit from the world's biggest airplane.
On June 08, 2016 12:15 (IST)
He said Amazon would open a Web Services Cloud Region in India this year and the country would soon become home to the firm's largest software engineering and development centre outside of the United States, located in Hydrabad.
On April 29, 2016 07:51 (IST)
Amazon said it also has seen strong growth in subscribers to its Prime loyalty program, which offers one-hour delivery, original TV programming and access to its digital entertainment products such as Prime Music and Prime Video for an annual fee of $99.
On September 16, 2015 09:47 (IST)
Amazon founder Jeff Bezos unveiled plans on Tuesday to build a rocket manufacturing plant and launch site in Florida to better compete with fellow billionaires using their fortunes and tech prowess to open a new frontier in human space travel and exploration.
On July 26, 2015 18:21 (IST)
Investor enthusiasm for Amazon.com Inc is pretty consistent: the stock tends to rise, even though the company isn't consistent about making profits.
On July 25, 2015 14:01 (IST)
Amazon.com founder and Chief Executive Officer Jeff Bezos got a lot richer while he slept on Thursday night, after the company reported its quarterly earnings and its shares rose 20.1 per cent.
On January 30, 2015 08:12 (IST)
In a conference call with reporters, Chief Financial Officer Tom Szkutak said Amazon is putting "a lot more energy around making sure we get great productivity around our various fixed and variable assets."