Tag: Amazon

Amazon injects more Rs 1,620cr in marketplace
Global

Amazon injects more Rs 1,620cr in marketplace

The battle for the ecommerce space in India is intensifying as Amazon has injected around about Rs 1,620cr into its Seller Services, which runs the e-commerce giant’s Indian marketplace, according to latest regulatory filings. Documents filed with the Registrar of Companies (RoC) show Amazon Singapore and Amazon Mauritius pumped the […]

Amazon to hire 120,000 people for holiday sales
Global

Amazon to hire 120,000 people for holiday sales

Amazon has announced it is creating more than 120,000 positions this season across its U.S. network of fulfillment centers, sortation centers and customer service sites. Last year, thousands of holiday positions were transitioned to regular, full-time roles after the holidays and the company expects to continue that trend this year. […]

Amazon opens fourth fulfilment center in Monroe
Global

Amazon opens fourth fulfilment center in Monroe

Amazon has revealed plans to open its fourth Ohio fulfillment center in Monroe, which will create more than 1,000 full-time positions. The company recently announced an upcoming fulfillment center in North Randall, and it currently operates fulfillment centers in Etna and Obetz. Additionally, there are more than 65,000 authors, sellers, […]

Amazon displaces Emaar Malls to acquire Souq.com
Tech

Amazon displaces Emaar Malls to acquire Souq.com

Amazon has agreed to buy Middle East online retailer Souq.com. The news finally thwarts Emaar Malls plan to acquire the same company for USD800 million. The last minute scramble to snatch Souq from Amazon was spearheaded by by Dubai billionaire Mohamed Alabbar’s Emaar Malls. According to Reuters News Agency, the […]

Emaar Malls lockhorn with Amazon to acquire Souq
Tech

Emaar Malls lockhorn with Amazon to acquire Souq

The battle is on for the acquisition of Souq, a Dubai-based eCommerce company that was valued at USD1 billion. Emaar Malls PSJC, a unit of Emaar Properties PSJC, Dubai’s largest real estate company said has been linked to a counter negotiation to acquire Souq. Earlier this week, Amazon disclosed it […]

Why Konga.com Could Be Africa’s Answer To Amazon
views

Why Konga.com Could Be Africa’s Answer To Amazon

Trade and commerce have been key contributors to the Nigerian economy. The internet has made it possible for people separated by time and space to trade through ecommerce platforms, such as the leading online marketplace in Africa, Konga.com. Konga.com was founded in 2012 and started purely as an online retailer selling […]

Why Konga Could Be Africa’s Answer To Amazon
views

Why Konga Could Be Africa’s Answer To Amazon

Trade and commerce have been key contributors to the Nigerian economy. The internet has made it possible for people separated by time and space to trade through ecommerce platforms, such as the leading online marketplace in Africa, Konga.com. Konga.com was founded in 2012 and started purely as an online retailer selling […]