Amazon Financial News

Click here! Earlier on Friday, Softbank backed e-commerce firm Meesho that it will begin its festive season sale on October 6, a day before Flipkart and Amazon festive sale goes live. 'Meesho Mega Blockbuster Sale' is the company's first festive sale where over 400 brands will sell their products either directly or through their authorised partner on the platform's digital store 'Meesho Mall'.

NEW DELHI : India’s leading online retailers are gearing up for a head-to-head clash with their annual festive season sales events starting in October and stretching until mid-November, coinciding with the cricket World Cup, which companies say will boost demand for discretionary products such as TVs and clothing after two subdued quarters. On Friday, Amazon announced it will kick off its ‘Amazon Great Indian Festival’ (GIF) on 8 October, in sync with Flipkart’s The Big Billion Days sale, to deny any early advantage to chief rival. Amazon had earlier advertised a 10 October start date for the event.

(Reuters) — Amazon.com (NASDAQ:AMZN) was accused by officials of violating the terms of a U.S. labor board settlement, breaching a 2021 agreement which required the online retailer to let workers unionize.

Nvidia, one of the global leaders in artificial intelligence (AI) chip production headquartered in California, reportedly faced a police raid in its French offices this week. The action came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. 

Flipkart Big Billion Days Sale 2023: Schedule, deals, offers on Moto G54 5G, Samsung Galaxy F34 5G, Vivo T2 Pro 5G, more Amazon says that the latest smartphones will be available from a starting price of ₹5,699 and 5G phones will begin from ₹8,999 during the Great Indian Festival. Like every year, Amazon is offering huge discounts on its own range of items.

Gurugram district administration has banned the manufacture, sale and use of firecrackers to control pollution. This ban that comes into force from November 1 will be effective till January 31, 2024. District Magistrate Nishant Kumar Yadav said in the order issued that in the public interest, the manufacture, sale and use of all types of firecrackers except green firecrackers and barium salt have been banned. «In exercise of the powers conferred by Section 144 of CrPC, P.C.

Online sellers, major brands and ecommerce platforms are gearing up for robust sales through the festive season, as the online shopping ecosystem shakes off a relatively muted first half of the year, industry executives said. Sales in terms of gross merchandise value are likely to be between $9.7 billion and $11 billion this festive season, rising roughly 15-16% from a year earlier, according to data from market research company Datum Intelligence and consulting and research firm 1Lattice.

Amazon Prime Video has greenlit two seasons of 'Hazbin Hotel,' based on Vivienne Medrano's 2019 animated pilot. A24 is the series producer, and Fox's Bento Box Entertainment is handling animation. The first season will premiere in January.

₹1.6 trillion in annual productivity gains and support 45.9 million jobs by 2030, a report said on Thursday. The jobs are likely to be created in healthcare, education, and agriculture sectors by 2030, representing 9% of total jobs in the country, according to Amazon Web Services report (AWS), conducted by global professional services firm Accenture.

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer

Whether you're cruising down the open road or navigating through challenging terrains, the right pair of biker gloves can significantly impact your journey. Ride confidently, knowing you've made an informed choice in selecting the ultimate biker gloves for your biking adventures. From superior grip to impact resistance, we delve into the features that ensure a comfortable and secure ride, enhancing your biking experience while prioritizing your safety on the road.

Discover the enduring charm and undeniable allure of trench coats for men as a blend of elegance and contemporary fashion. Suitable for various occasions, these men's trench coats add a refined touch to both casual and formal attire, making them an indispensable fashion choice for the modern man. Check out these 6 trench coats to enhance your style this season.

Amazon has won court backing for now in its fight against EU tech rules that label it as a very large online platform (VLOP) required to provide researchers and authorities access to its ad repositories to see how ads are targeted. The U.S. online retailer took its grievance to Europe's second highest court, the Luxembourg-based General Court, in July after EU antitrust regulators in April designated it as a VLOP along with 18 other platforms and search engines.

Crafted to withstand the test of time, these coats exude elegance in every seam and detail. Whether you choose a traditional beige hue or a bold statement colour, a well-fitted trench coat complements any ensemble, adapting seamlessly from office chic to casual elegance. Explore our guide to women's trench coats, where we unravel the charm, versatility, and enduring allure of this iconic garment, designed to elevate every woman's fashion journey.

WASHINGTON (Reuters) -The U.S. Federal Trade Commission filed a lawsuit against Amazon.com (NASDAQ:AMZN) that accused the online retail giant of overcharging customers and independent sellers on its platforms as the $1 trillion company sought to illegally maintain monopoly power.

e-commerce giant has already started teasing early deals and discounts on its platform. SBI cardholders can avail a 10 percent instant discount on their purchases. Interestingly, the sale will feature discounts of up to 40 percent on mobiles and accessories, and up to 75 percent on laptops, smartwatches, and other items.

Amazon Great Indian Festival draws near! Unveiling an unparalleled shopping experience, this event promises unbeatable prices, guaranteeing savings that will leave you delighted. Enjoy the convenience of secure payments and effortless returns, ensuring your peace of mind with every purchase. Opening each package will feel like unlocking a box of happiness, as we reveal unique offers and captivating deals across a diverse range of categories, including mobiles, electronics, home and kitchen essentials, fashion, beauty, and more. Plus, Prime members gain exclusive early access, while SBI cardholders can enjoy an extra 10% instant discount* (*T&C apply). Get ready to shop, save, and celebrate.

A stylish women’s long coat can help you elevate your look in an instant and make you look sharp and chic. Here are our picks for the best long coats for women in India. Read on to know more about each product.

Officials say the Amazon rainforest in Brazil is facing a severe drought that may affect around 500,000 people by the end of the year

The U.S. Justice Department filed a civil complaint against eBay, claiming the online marketplace unlawfully sold and distributed hundreds of thousands of products like pesticides and motor vehicle emission-evading devices that violate environmental laws

Amazon.com filed on Tuesday poses perhaps the biggest legal test so far for the platoons of lawyers who have defended the technology giant for years against allegations of antitrust and consumer protection violations. The long-awaited FTC case against Amazon, joined by 17 state attorneys general, accuses the company of abusing its dominance as an online retailer to thwart competitors and harm sellers and customers that rely on its platform. The company vowed to fight the lawsuit, saying its practices have spurred competition and innovation. Kevin Hodges, a partner at law firm Williams & Connolly, was the first member of Amazon's defence team identified in a court document in the case. Williams & Connolly, known for its focus on litigation, in April successfully defeated a separate private lawsuit accusing the company of curbing competition for shipping and fulfillment services. Williams & Connolly is also a lead defence firm in another major antitrust case targeting Big Tech. Partner John Schmidtlein heads a team comprised of several big law firms defending Alphabet's Google in an ongoing landmark trial over the company’s alleged monopoly power in online search. An Amazon spokesperson did not immediately respond to questions about its legal team. The company is likely to rely on multiple law firms to defend the FTC case.