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Amazon announces record sales for holiday season in 2018

Thursday, December 27, 2018, 6:53 PM

US-based online retail giant Amazon announced a-record-breaking holiday season as tens of millions of people have signed-up for its Prime membership either by making paid service or on a trial-basis. "Prime membership continued to grow this holiday season... to benefit from FREE Same-Day, One-Day or Two-Day shipping, in addition to FREE two-hour delivery with Prime Now, and exclusive shopping and entertainment benefits," Amazon said.
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Govt tightens selling norms for e-commerce firms

Thursday, December 27, 2018, 8:16 AM

In a move that may come as a major setback to e-commerce players, the Ministry of Commerce and Industry Wednesday said that e-commerce companies running marketplace platforms, like Amazon and Flipkart, cannot sell products on their platform through companies where they hold an equity stake. The decision will come into effect from February 1, 2019.
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Amazon India say services boosting large appliance sales

Sunday, October 28, 2018, 4:22 PM

Amazon's investment in an extensive delivery network, and offering installation services and monthly payment plans, helped make large appliances a major category during its annual festive sale. The bulk of orders for goods such as washing machines and refrigerators came from Indias smaller towns and cities, said Amit Agarwal, adding offerings like extended warranties and same day installation paid off.

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