Amazon has acquired MGM for USD 8.45Bn is one of its biggest since the Whole Foods acquisition for USD 14Bn in 2017. Amazon has been building-up its content library around its Prime service, a move that makes sense in the subscription economy. So, why is Amazon interested in MGM? How will the deal help Amazon …
Instead of ”garlands”, India welcomes Bezos with anti-trust probe
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 …
Amazon, Flipkart may face tough challenge in 2020 due to new e-Commerce Policy
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 …