It may or may not be the iPhone effect, but shoppers ambushed mobile phones and electronics in the first week of online festive sales, probably shelving quintessential ethnic wear for later, reports Asmita Dey.E-commerce platforms, including Amazon and Flipkart, are seen to have together crossed Rs 54,500 crore in sales in the first week of…
Amazon may eliminate approximately 14,000 manager positions by early 2025, potentially saving up to $3 billion per year, according to a recent Morgan Stanley analysis. This move aligns with CEO Andy Jassy‘s goal to increase the ratio of individual contributors to managers by at least 15% by the end of Q1 2025.Jassy aims to increase…
Amazon has reportedly violated labour laws in the US. A US labour board has accused the e-commerce major of illegally refusing to bargain with a union representing drivers employed by one of its contractors. According to a report by the news agency Reuters, the National Labor Relations Board (NLRB) has issued a complaint alleging that…
American Eagle Outfitters (AEO) has filed a lawsuit against e-commerce giant Amazon, accusing the company of infringing on its Aerie and Offline by Aerie trademarks. The lawsuit, filed this week in Manhattan federal court, alleges that Amazon deliberately misled shoppers by using Aerie branding in sponsored ads and search results to direct customers to counterfeit…
Hallmarked gold coins and bars of 22K and 24K are getting a boost from India’s thriving ecommerce industry, with sales surging 35-80% in the last financial year. To be sure, the sales spurt across online marketplaces such as Amazon, Flipkart, Ajio and Tata Cliq is on a low base, but it marks a shift in…
Amazon is all set to host one of its biggest shopping festivals— the Great Indian Festival sale. During the sale, the e-commerce major will be offering deals and discounts on products across categories. Now ahead of the sale, Amazon India has revealed an exciting deal on the Apple iPhone 13. If you have been planning…
MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories – the domain of e-commerce companies- and enter smaller cities, getting more consumers accustomed to the convenience of 10-minute deliveries has never been more important. SoftBank-backed Meesho has tripled its delivery capacity and is enhancing speed,…
Apple’s latest iPhone 16 series is now available for pre-order. iPhone 16 models can be pre-ordered on Apple’s official India store (both online and offline) as well as third-party retailers such as Amazon, Flipkart, Croma, Reliance Digital and more starting today, September 13. Apple iPhone 16 series – comprising iPhone 16, iPhone 16 Plus, iPhone…
An Amazon user said that the e-tailer delivered his cancelled order after two years. In a post on X (formerly Twitter), Jay @thetrickytrade shared a screenshot with order details depicting that he ordered a pressure cooker on October 1, 2022. He said he cancelled the order and received a refund for the same in 2022….
NEW DELHI: Commerce and industry minister Piyush Goyal‘s allegations of violation of rules by e-commerce companies, such as Amazon, have raised expectations of government finally moving ahead with a new set of regulations for e-commerce, along with a policy, as well as e-pharmacies.A day after his comments at an event organised by Pehle India Foundation,…
