Amazon launches ‘try-before-you-buy’ fashion service

  FILE PHOTO: Employees of Amazon India are seen behind a glass bearing the company’s logo inside its office in Bengaluru, India, August 14, 2015. REUTERS/Abhishek N. Chinnappa/File Photo Amazon.com Inc wants to turn your living room into a fitting room. The e-commerce giant, already one of the biggest apparel sellers in the United States,Read More

Startups get fund-raise, compliance norm relief

Amazon.com (AMZN)  said Tuesday it will test a new Prime Wardrobe service that implements a try-before-you-buy business model in its latest industry disruption. Prime Wardrobe allows customers to pick three or more items to try on within a week before paying for anything. Whatever they don’t want, they send back and don’t pay for. IfRead More

Amazon building sorting center in Mobile

  Online retailer Amazon is making a move to the Alabama Gulf Coast. The company says it is constructing a $30 million sorting and shipping center near Mobile. A release from Amazon says the warehouse-like facility will eventually employ more than 360 part-time workers and more than 1,000 people seasonally. The center announced Thursday isRead More

Amazon joins GST clearance rush with big electronics sale

With retailers keen to clear stocks before the Goods and Services Tax (GST) kicks in on 1 July, online retailer Amazon has joined the bandwagon with three-day Smartphone Sale starting from today and will lasting till 21 July, which will cover a range of mainly electronic items. The company is offering deals and discounts onRead More

Amazon to Buy US Grocer Whole Foods Market for $13.7 Billion

HIGHLIGHTS Amazon to acquire Whole Foods Market for $13.7 billion Whole Foods Market will continue to operate stores under its brand The deal is expected to close in the second half of 2017 Online juggernaut Amazon is buying Whole Foods in a deal valued at about $13.7 billion (approximately Rs. 88,300 crore), a strong moveRead More

Amazon to Face Tough Wal-Mart Test This Back-to-School Season: JPD

Wal-Mart Stores Inc’s online sales is likely to grow double than Amazon.com Inc during the back-to-school season, helped by the Jet.com acquisition and competitive price offerings, industry research body NPD said. An aggressive pricing and marketing strategy, coupled with the fact that Amazon’s business has reached maturity in back-to-school sales, will see Wal-Mart winning theRead More

Amazon India Says It Has Doubled Its Seller Base in Less Than a Year

HIGHLIGHTS Amazon has crossed two lakh digital entrepreneurs-mark in just four years It has also done partnerships with several national and state government This will open online opportunity for thousands of Indian artisans Amazon India on Tuesday announced it has crossed two lakh digital entrepreneurs-mark in just four years of its operations and in lessRead More

WWDC 2017: Amazon Prime Video Coming to Apple TV and TV App

HIGHLIGHTS Tim Cook announced Prime Video for Apple TV tvOS updates to be revealed later this year Prime Video will be available on all Apple TVs Apple kicked off its WWDC 2017 on Monday with a keynote address at the McEnery Convention Center in San Jose, California, where CEO Tim Cook announced new updates toRead More