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Investment

Amazon Seller Services gets fresh capital infusion of Rs 915 crore

US-based e-commerce giant Amazon has infused Rs 915 crore fresh capital into one of its India units – Amazon Seller Services, according to PTI report. The fresh infusion is expected to provide more arsenal to Amazon in India to compete more aggressively against rivals like Walmart-owned Flipkart and Mukesh Ambani’s JioMart. Amazon Corporate Holdings and […]

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Insights

Coronavirus becomes a pain in Amazon’s neck

Last year came down very hard on businesses due to the global economic slowdown which impacted millions of jobs and closure of several organizations. When the new year began, corporations were hopeful of a steady recovery. But we’re just 61 days in 2020, and the novel Coronavirus outbreak in China has crippled the entire economic […]