The quarterly results of tech companies are in. While bigshots like Alphabet, Amazon, Apple and Microsoft kept the markets buoyant, Meta lost $230Bn in value in one day. Additionally, relatively smaller companies like PayPal and Spotify had to take a bath after a double-digit percentage drop in the market value. Apple’s privacy policy has had …
India’s two biggest online retailers, Walmart-owned Flipkart and Amazon, are going head-to-head with their own shopping events: Big Billion Days and the Great Indian Festival. Deep-pocketed JioMart, which is owned by Asia’s wealthiest billionaire, is looking for market share, too. This year is particularly important as the world reels from economic fallout caused by the coronavirus …
While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the Aspirational India — riding on the pent-up demand and discretionary income — is all set to embark on a record online festive sale journey that begins this week. E-commerce marketplaces Amazon, Flipkart and Snapdeal …
COVID-19 has disrupted global supply chains causing supply bottlenecks and sending shockwaves everywhere. Alongside, falling consumer demand due to lockdowns pose a threat, and increasing the risk of a unending downward spiral and unending uncertainties. So, how did FAAMG face upto the COVID-19 threat? The “FAAMG” Five—Facebook, Amazon, Apple, Microsoft, and Alphabet (Google) have a …
Two weeks ago, online retail giant Amazon kicked off food delivery pilot for its employees in select localities of Bengaluru, to grab a piece of the pie in India’s food-tech market, which will soon be worth more than USD 17 billion. The popular perception is that Amazon is gearing towards becoming India’s first super app, leaving behind payment …
Amazon India must have had anticipated nationwide protests from industry bodies like the Confederation of All India Traders (CAIT) as Jeff Bezos arrives in India for a three-day visit but the sudden anti-trust probe by the Competition Commission of India (CCI) over deep discounting and preferential listings on both Amazon and Flipkart has come as …
With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments – coupled with the new e-commerce policy and the likely entry of Reliance into the e-commerce space soon — may …
As merger reports of Bengaluru-based Swiggy and Gurugram-based Zomato — two biggest players in the burgeoning online food delivery market — resurfaced, Deepinder Goyal-led Zomato on Tuesday refuted reports, saying they are not in talks with anyone. “We have tremendous focus on our business metrics and have seen great success in our goal towards profitability. …
Netflix won 27 trophies at the 71st Primetime Emmy Awards on Sunday, and trailed HBO, that got 34 awards. More importantly, despite pouring billions into original programming, Netflix is yet to win an Emmy for a best series. With Amazon Prime upping the ante, and a swathe of new OTT players betting big on original programming, …
The Internationale Funkausstellung — more popularly known as IFA — is an annual flagship consumer tech trade show held at the Messe Berlin, and is very much akin in size and scale to the CES. In fact, the IFA is Europe’s flagship event, with a very sweeping canvas, that is in sharp contrast to the …