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Amazon launches air freight services in India--All you need to know

Amazon launches air freight services in India--All you need to know

Mon, Jan 23, 2023

First outside U.S. and Europe, Amazon begins air freight services in India Amazon.com Inc launched its own air cargo fleet in India, Amazon Air. The company seeks to expand and speed-up deliveries across one of its key markets. India is the third market, after the United States and Europe where the company has launched Amazon Air. The Seattle-headquartered firm, which started the service in 2016 in the U.S operates a network of over 110 jets that fly to over 70 locations worldwide.

Amazon wins $303 million court fight in blow to EU tax crusade

Amazon wins $303 million court fight in blow to EU tax crusade

Wed, May 12, 2021

Amazon won its fight against an EU order to pay about 250 million euros ($303 million) in back taxes to Luxembourg in a blow to competition chief Margrethe Vestager`s crusade against preferential deals

Amazon's grocery push playing catch up with Chinese e-commerce giants

Amazon's grocery push playing catch up with Chinese e-commerce giants

Thu, Jun 22, 2017

China`s Alibaba Group Holding and JD.com Inc have invested heavily in offline retail - bricks-and-mortar stores - in recent years to complement their online offerings.

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Amazon to buy upmarket grocer Whole Foods for $13.7 billion

Amazon to buy upmarket grocer Whole Foods for $13.7 billion

Fri, Jun 16, 2017

Whole Foods shares were halted at $32.77 in premarket trading, while Amazon`s shares were up 0.5 percent at $969.

Analysts see more gains as Amazon shares break $1,000

Analysts see more gains as Amazon shares break $1,000

Wed, May 31, 2017

Among the other four largest U.S. companies by market cap, Apple and Facebook share prices have also risen nearly 33 percent this year while Alphabet has gained 26 percent and Microsoft has added 13 percent.

Flipkart to invest in new businesses like PhonePe, Fintech

Flipkart to invest in new businesses like PhonePe, Fintech

Wed, Apr 12, 2017

Flipkart co-founder and CEO Binny Bansal in his latest interview has said the company proposes to invest large sum of money raised through its recently concluded fundraising round into new businesses such as PhonePe and Fintech.

Reliance Jio impact: Mukesh Ambani added over Rs 6500 crore to his wealth today; tops billionaire chart for the day

Reliance Jio impact: Mukesh Ambani added over Rs 6500 crore to his wealth today; tops billionaire chart for the day

Mon, Apr 03, 2017

Since Reliance Jio's launch in November last year, till date, shares of the company have risen 43%.

Amazon warns that trade protectionism could hurt business

Amazon warns that trade protectionism could hurt business

Sat, Feb 11, 2017

That language has not appeared in Amazon`s warning about government regulation in at least the past five annual filings with the U.S. Securities and Exchange Commission. However, the Seattle-based company has cited trade protection in those filings as a risk to its international sales and operations specifically.

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