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Amazon India will no longer offer refunds on electronics

Times of India — NEW DELHI: Amazon India has silently upgraded its return policy for electronic items. As per the new , electronics are no longer eligible for refunds. However, customers can still get...

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Amazon to invest additional Rs 1,350 crore in its India unit

Times of India — BENGALURU: Amazon has invested an additional Rs 1,350 crore (about $200 million) in its India unit this year, stepping on the pedal as it seeks to accelerate the momentum gained in the...

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Snapdeal, Flipkart learn from Amazon as ecommerce focus shifts in India

Tech in Asia — For years now, ecommerce’s bloody fight in India has been a story that revolved around gross merchandise value (GMV), the number of sellers, and the amount of stuff each website listed...

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Alibaba Sees 48-Percent Growth in First Forecast Since IPO

Datacenter Knowledge — (Bloomberg) — Alibaba Group Holding said that revenue growth will accelerate this fiscal year as China’s largest e-commerce company provided its first financial forecast since...

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Amazon more than doubles investment in Indian market

Asia Times — Jeff Bezos, the chief executive of Amazon.com, announced on Tuesday, that his company will boost its investment in India by an additional $3 billion, on top of the $2 billion investment...

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Amazon commits $3 billion more for India

Times of India — BENGALURU/MUMBAI: As the Seattle-based e-commerce juggernaut Amazon closes in on the pole position of the Indian e-commerce market, its founder & CEO Jeff Bezos has announced that...

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Amazon partners with Vodafone India to boost offline sales

Mobile World Live — Online retail giant Amazon is partnering with India’s second largest operator Vodafone to sell handsets at the operator’s retail outlets in a move to boost its offline presence in...

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Amazon To March Into Indonesia With $600 Million: Winners And Losers

Barrons — Amazon.com has said it plans to expand its e-commerce empire to Indonesia, with a $600 million investment for the first year. It makes perfect business sense. E-commerce sales in Indonesia...

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Southeast Asian ecommerce is about to reach a whole new level

Tech in Asia — Alibaba Group Holding Ltd.’s financial affiliate is planning to purchase a 20 percent stake in Thailand’s Ascend Money in a bid to become a key financial services player in Southeast...

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Japan’s hottest unicorn Mercari is charging into the US

Tech in Asia — Mercari is Japan’s youngest unicorn and first tech company pegged with the title since 2008. Lately it’s been busy shining its horn to charge into the US ecommerce market. Unlike most...

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