Thursday, March 12, 2020, 5:06 AM
Amazon on Wednesday beefed up paid leave for workers quarantined due to the novel coronavirus or diagnosed with the COVID-19 illness. The company also announced the creation of an Amazon Relief Fund -- starting at $25 million -- to serve as a pool of grant money for independent delivery drivers, seasonal employees and others losing paychecks due to the pandemic, according to the global internet retailer. "Effective immediately, all Amazon employees diagnosed with COVID-19 or placed into quarantine will receive up to two weeks of pay," the firm said in an online post.
Monday, March 2, 2020, 9:04 AM
The online retailing giant is opening its first cashier-less supermarket, where shoppers can grab milk or eggs and walk out without waiting in line or ever opening their wallets. It’s the latest sign that Amazon is serious about shaking up the $800 billion grocery industry. At the new store, which opened last week in Amazon’s hometown of Seattle, shoppers scan a smartphone app to enter the store. Cameras and sensors track what’s taken off shelves. Items are charged to an Amazon account after leaving.
Tuesday, December 24, 2019, 5:22 AM
Despite a crackdown by Amazon, sellers on the platform are continuing to purchase fake reviews for around 15 euro each (about Rs 1,200), according to a Daily Mail investigation. The companies selling fake reviews to sellers rely on an army of "testers" who buy the products to post the four and five-star reviews online, said the report on Sunday. The testers get a refund for the cost of purchasing the products, in addition to a small fee. The testers buy the products so that the reviews they post get classified as "Amazon Verified Purchases". One review firm, AMZTigers of Germany boasts of deploying 3,000 testers in the UK alone.
Wednesday, December 18, 2019, 12:20 PM
Amazon is running a pilot project in Pune where the US e-commerce company is for the first time sourcing fresh produce directly from the farmers as part its farm-to-fork initiatives. Amazon Retail India (ARIPL), the wholly-owned food retailing venture of the US giant, is working with dozens of farmers in the region and the company has created a cold chain hub in the vicinity to supply fresh produce to sell online through its Amazon Fresh and Amazon Pantry, two sources familiar with development, said. Amazon plans to expand this programme to other parts of the country once the project is successful, one of them said. Amazon purchases its stock of fruits and vegetables from aggregators in various mandis.
Tuesday, October 15, 2019, 12:11 PM
The government is looking into whether hefty discounts offered on Walmart-owned Flipkart and Amazon.com during their online festive sales violate foreign investment rules, a commerce ministry official told Reuters. India introduced new rules in February aimed at protecting the 130 million people dependent on small-scale retail by deterring big online discounts. The rules forced e-commerce firms to tweak their business structures and drew criticism from the United States, straining trade ties between New Delhi and Washington. While Amazon and Flipkart say they've complied with the federal rules, local trader groups say the two companies are violating them by burning money to offer discounts - of more than 50% in some cases - during the ongoing festive sales.
Saturday, October 5, 2019, 5:27 AM
Online retailers in India have clocked $1.8 billion in gross merchandise value (GMV) during the first three days of the ongoing festive sales and are on track to hitting the $3.7 billion sales mark by the end of the six-day sale period, a leading business daily said quoting a report from RedSeer Consulting, which tracks the e-commerce market in India. Although RedSeer did not break out individual sales numbers of the two largest players in the market — Flipkart and Amazon it said that consumers preferred shopping for fashion on Flipkart but bought electronics on Amazon due to lower prices and faster delivery. According to the report, 55% of the GMV for the sector was driven by mobiles, similar to previous years. Categories like electronics, fashion, and furniture also witnessed growth in GMV.
Tuesday, July 2, 2019, 5:09 AM
A fraudster was held on Sunday for allegedly creating a fake website in the name of e-commerce website Amazon to tap internet traffic generated during its "Big Billion Days" sales period. Cyber Prevention Awareness and Detection (CyPAD) has arrested the man who created a fake website "Amazon Big Billion Day Sales". The man has a record of being involved in such crimes. "Same accused was arrested earlier for creating a fake government website in the name of free laptop and free solar panel," CyPAD said in a press release
Friday, April 12, 2019, 1:19 PM
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Friday, March 1, 2019, 2:03 PM
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Wednesday, January 23, 2019, 11:16 AM
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