Tag: Amazon India

Amazon to acquire Indian fintech Axio in credit push

Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing...

Amazon pilots quick commerce service in India

Amazon on Tuesday said it is piloting a quick commerce service in India that will see the U.S. tech giant deliver grocery and...

Meesho claims Indian e-commerce first with positive cash flow

Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has...

Amazon taps veteran to lead India business as competition intensifies

Amazon has named long-time executive Samir Kumar as the new head of its India consumer business, following an abrupt leadership change in one...

Amazon and Flipkart violated competition laws in India, report says

Indian antitrust regulator has found that Amazon and Flipkart, owned by Walmart, violated local competition laws, according to a report. The finding presents...

India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to...