While Amazon may suffer double the loss in three years, Walmart could go through a loss of $280 million from Flipkart.
Modi’s poll- driven moves, Ambani beat Bezos’s plans to dominate Indian e- commerce market.
India’s new e-commerce investment rules bar online retailers from selling products via vendors in which they have an equity interest, and also from making deals with sellers to sell exclusively on their platforms.
Online marketplaces must treat all vendors equally by providing the same terms, India’s trade ministry said Wednesday. In practice, this means barring e-commerce companies from forcing a seller to feature products exclusively on their platforms and limiting ownership or control over the marketplace’s inventory. The government says the changes will promote fair trade and curb foreign companies’ influence in setting domestic prices.
Amazon’s journey is being traced.
Amazon’s Web Services (AWS) has entered in the growing global blockchain market for facilitating a smooth business transaction.
Amazon and flipkart are mired in the race for supremacy.
The course will be available to all developers through a new AWS Training and Certification Machine Learning offering.
ARM server processor that it is named as the AWS Graviton Processor ahs been flaunted by Amazon on Monday at the AWS re:Invent conference in Las Vegas.
Amazon is heading forth expeditiously to acquire stake in Future Retail.