Tag: Amazon

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Ecommerce sales: Festive sales end with a bang, after Rs 1 lakh crore of clicks

Ecommerce platforms recorded total sales of nearly Rs 1 lakh crore (about $11.9 billion) during the month-long festive season that ended last week,...

Tech giants are set to spend $200 billion this year chasing AI

Three months ago, Wall Street punished the world's largest technology firms for spending enormous amounts to develop artificial intelligence, only to deliver results...

Amazon: Amazon’s plan to tackle Temu, Shein? Sell more toothpaste

Amazon's push to offer more everyday essentials like toothpaste is hurting its average selling prices, but it is also a guard against rivals...

Amazon: Amazon belt-tightening produces strong cloud, ecommerce results

Amazon Inc. reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs...

Amazon: Amazon denies duping US consumers over Alexa’s recording practices

E-commerce giant Amazon.com has asked a U.S. judge to throw out a multibillion-dollar consumer lawsuit that claims the tech company's cloud-based voice service...

Results from Alphabet and Snap lift shares of online ad sellers

Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet, Reddit and Snap lifted...

Amazon India: Amazon India logistics arm posts 7.6% rise in FY24 revenue to Rs 4,889 crore; loss narrows

Amazon Transportation Services (ATS), the Indian shipping arm of ecommerce giant Amazon, saw its operating revenue rising 7.6% to Rs 4,889 crore in...

Alphabet: Alphabet’s Q3 revenue growth likely to slow as competition pressures Search, YouTube

Alphabet will likely post its slowest revenue growth in four quarters on Tuesday, hurt by competition that weighed on its core Google Search...

Flipkart: Flipkart marketplace arm revenue grows 21% to Rs 17,907 crore, cuts loss by 41% in FY24

Flipkart Internet, the marketplace arm of Flipkart, reported revenue of Rs 17,907.3 crore in FY24, reflecting nearly 21% growth, according to regulatory filings...

Amazon’s refreshed Kindle lineup comes with faster, 7-inch option, and a first-ever colour Kindle

Amazon has launched an entirely new lineup of Kindle devices. | Photo Credit: Special Arrangement Amazon, on Tuesday (16 October 2024), unveiled an entirely new...

Amazon: Amazon AWS CEO: Quit if you don’t want to return to office

One of Amazon's top executives defended the new, controversial 5-day-per-week in-office policy on Thursday, saying those who don't support it can leave for...

Amazon’s Rufus AI Shopping Assistant Now Lets Some Shoppers Check Price History

If Amazon’s test of sharing price history through Rufus expands and survives, it could be a significant reason for users to give the...