Amazoncom Inc. .is planning to split its stock for the first time in more than two decades in a move that will end an era of four-digit stock prices for the biggest U.S. technology companies. Amazon intends to boost its outstanding shares by a 20-to-1 ratio, under a plan disclosed late Wednesday, joining other technology giants like …
By Administrator_India Capital Sands E-commerce majors Flipkart and Amazon India on Sunday said they have witnessed a strong start to this year’s festive sale, with demand from tier-II and -III cities driving the momentum. Walmart-owned Flipkart on Sunday said early access for its “Flipkart Plus” programme (loyalty programme) saw a 40 per cent growth this …
By Administrator_India Capital Sands E-commerce firm Amazon on July 29 said there was a 25 percent rise in sellers who reported gross sales exceeding Rs 1 crore during the two-day Prime Day event as compared to the like period of the previous year. Brands such as OnePlus Nord 2 5G, Samsung Galaxy (M31s) boAt Airdopes, …
By Administrator_India Capital Sands Amazon.com has won an interim order against partner Future Group selling its retail business to Reliance Industries (RIL) for Rs 24,713. The order, passed in a Singapore-based arbitration panel on October 25, effectively puts a pause to the Future-RIL deal. Amazon had taken the case to the panel alleging violation of contract by the Kishore …
By Administrator_India Capital Sands Amazon.com Inc’s India unit on Thursday said it will open 10 new warehouses in the country and begin offering auto insurance, in moves that will help the e-commerce giant widen its reach in a key growth market. With the expansion, Amazon will have over 60 warehouses or fulfilment centres across 15 …
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