Amazon to invest $10 bn in Project Kuiper satellite constellation

03 Aug 2020

`Project Kuiper’, a constellation of 3,236 low-earth orbit satellites, will compete with the Starlink network being built by Elon Musk’s SpaceX, which has already launched over 500 satellites of the roughly 12,000 expected for its constellation

Amazon wins stay on $10 bn US military contract for Microsoft

14 Feb 2020

Amazon has alleged vendetta by President Donald Trump to shut it out of the contact and has sought testimony from the President and other top officials on the reasons for awarding the cloud computing contract to Microsoft

Amazon to roll out 10,000 electric delivery rickshaws in India

20 Jan 2020

Amazon changes tac, talks of creating a million jobs in India

17 Jan 2020

Amazon chief Jeff Bezoz who on Wednesday spoke of investing $1 billion in India, changed tone on Thursday and said the company will create a million jobs in the country by 2025 after India’s commerce minister said Amazon’s investment, which aims at recovering past losses, is no favour for India

CCI probes alleged anti-trust practices by Amazon, Flipkart

14 Jan 2020

The anti-trust regulator has ordered a probe into allegations of exclusive sales, deep discounts and preferential treatment to certain sellers by the two e-commerce firms

Amazon India, Future Retail sign long-term business deal

06 Jan 2020

Under the agreement, Amazon India will become the authorised online sales channel for FRL stores, and FRL will ensure participation of its relevant stores and programmes on the Amazon India marketplace

CCI approves’s acquisition of 49% stake in Future Coupons

29 Nov 2019

Govt seeks details of top 5 sellers on Amazon, Flipkart

21 Oct 2019

Traders body CAIT alleges an unholy nexus among e-commerce firms like Amazon and Flipkart, brands, particularly in mobile, FMCG, electronics, electrical appliances, footwear, garments and various banks that tend to distort prices of different products on online portals

Amazon buys cloud startup INLT to help merchants’ import goods

30 Sep 2019

Amazon acquires 49% stake in Future Coupons

23 Aug 2019

The move by American giant Amazon to acquire a stake in Future Coupons is heating up the retail scenario in India, especially with Walmart also planning major expansion and Reliance Retail joining hands with small-time retailers

Amazon to acquire 10% stake in Future Retail

13 Aug 2019

Under the agreement, Amazon will have the option to buy more shares from Kishore Biyani, Future Retail’s founder and chairman, giving the US e-commerce firm an edge over rival Flipkart and the planned e-commerce venture of Reliance Retail

Amazon Pay launches person-to-person payments through UPI for Android customers

30 Apr 2019

Amazon to close its China business, shift focus to India

19 Apr 2019

Amazon will now increasingly focus on the Indian market where it has invested billions in setting up infrastructure, including warehousing facilities

Amazon appoints ex-PepsiCo CEO Indra Nooyi on its board

26 Feb 2019

Nooyi’s appointment as a member of the audit committee on Amazon’s board comes at a time when the online retail giant’s business plans are going awry under India’s new e-commerce policy

Amazon to invest $700 mn in US electric truck start-up Rivian

19 Feb 2019

Amazon is reported to be looking for deals that can speed deliveries to shoppers and has already secured 20,000 Mercedes’ Sprinter vans for delivery contractors, becoming the vehicle maker’s the biggest custome

Govt now says Flipkart and Amazon can sell own private labels

04 Jan 2019

Amazon set to acquire 9.5% stake in Future Retail for Rs2,000 cr

28 Nov 2018

While the initial investment will be in the form of portfolio investment, a deal could include Amazon buying out Biyani and promoter group’s entire holding in the future, subject to applicable regulations in India, say reports

Amazon to buy 49% in Aditya Birla’s More retail chain in deal with Samara

20 Sep 2018

The recent deals in Indian retail space, including the Walmart-Flipkart deal, are widely seen as the government’s green light for foreign retail giants to establish themselves in India’s $400-billion food and grocery market

Flipkart to take on Amazon with launch of customer loyalty programme

01 Aug 2018

Amazon set to challenge Apple with $900-bn market cap

20 Jul 2018's stock market value reached $900 billion on Wednesday for the first time in 21 years as a listed company, bringing it closer to Apple, Wall Street's most valuable jewel

Amazon CEO Jeff Bezos added $5-bn to his wealth since 1 June: Forbes

19 Jun 2018

Jeff Bezos, the world’s richest man with a net wealth of $141.9 billion, is now $49-billion richer than Microsoft founder Bill Gates and $60-billion richer than Warren Buffett, the founder chairman and CEO of Berkshire Hathaway

Amazon offers to pay employees to quit

24 May 2018

Amazon eyes Future Retail stake as Walmart pockets Flipkart

23 May 2018

Amazon, which lost out to Walmart in acquiring Flipkart, is reported to be in talks to acquire a 10-per cent stake in Future Retail Limited, the company which owns Big Bazaar and Easy Day

Amazon offers to buy 60% stake in Flipkart: Report

02 May 2018

‘Alibaba actively fighting fake products, unlike Amazon’: Swatch CEO

28 Apr 2018