In an attempt to join the rapidly growing industry, which saw gross sales of over $5.5–6 billion this month, headed by Blinkit, Zepto, and Swiggy Instamart, Amazon India is rushing to deploy its quick commerce delivery service, codenamed Tez, by late December or early next year, according to
A few sellers on Amazon and Walmart-owned Flipkart had their premises raided by the Enforcement Directorate (ED) on 7 November 2024 on suspicion of breaking the Prevention of Money Laundering Act (PMLA) and foreign investment standards. 19 locations in New Delhi, Gurugram, Panchkula, Hyderabad, and Bengaluru were searched, according to
On November 7, 2024, Amazon.in announced the opening of Creator Central, a comprehensive platform aimed at empowering content creators, in India. By providing user-friendly workflows and a dedicated shopfront, Creator Central simplifies the content development process and frees up creators to concentrate on their artistic vision rather than intricate
According to court documents viewed by a media house, three online vendors who operate on Flipkart, owned by Walmart, have filed a lawsuit against the Indian antitrust watchdog following an inquiry that discovered violations of competition regulations by both Flipkart and competitor Amazon. According to a media report, antitrust investigations
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India has been a hub for international businesses for several decades, and the presence of multinational companies has played a crucial role in boosting the country's economy. The Indian market offers a vast consumer base and a skilled workforce, making it an attractive destination for MNCs to set
According to court documents, Appario Retail, the former biggest seller on Amazon India, in which the e-tailer had a shareholding, has filed a lawsuit in the Karnataka High Court against the Competition Commission of India (CCI). Based on an antitrust regulator's findings, the Bengaluru-based company has petitioned the
The online retailer Amazon has revealed an increase in its normal commission earning rates for select categories within its network of over 50,000 influencers ahead of the festive sale. According to its site, for active creators who collaborate with Amazon, the updated commission structure offers influencers a significant rise
According to a report published by a renowned media house, the Competition Commission of India has entered the final stage of its anti-trust lawsuit against Amazon and Flipkart. The regulator is seeking financial documents from the two e-commerce giants to determine the penalty. The specifics of the annual revenue will
The fashion store Myntra, which is owned by Flipkart, is supposedly testing a four-hour delivery service in four cities, including Bengaluru and New Delhi, according to various media reports. This represents a considerable departure from the platform's typical delivery period of two to three days, and it is
As Amazon prepares to abandon its hybrid work arrangement, the company has ordered its employees to return to the office five days a week. As stated in a statement sent to employees, Andy Jassy, the chief executive officer of Amazon, stated that the change will take effect beginning in January.
According to regulatory reports that were reviewed by a media house, Samsung, Xiaomi, and other smartphone manufacturers conspired with Amazon and Walmart's Flipkart to debut goods only on the websites of the eCommerce businesses in India. This was done in violation of antitrust regulations. Antitrust investigations carried out
An Indian antitrust investigation has determined that U.S. eCommerce giant Amazon and Walmart's Flipkart violated local competition laws by providing preferential treatment to specific sellers on their shopping websites, according to reports published by a reputable media outlet. An investigation into Amazon and Flipkart was ordered by