Amazon Unveiled New Head Of India Consumer Business
The e-commerce giant Amazon has named its long-time executive Samir Kumar as the country manager a month after its domestic business head Manish Tiwary resigned. Tiwary stepped down amid intensifying competition in the market. Kumar has also been with Amazon for 25 years, and the company named him based on his dedication, skills, and knowledge….
Shipra Prajapati
Union Commerce Minister Red Flags E-Commerce Boom
Union commerce minister of India, Piyush Goyal, has accused e-commerce companies of predatory pricing and killing small businesses in India. He further states that the rapid growth of these companies is not a matter of pride but rather of serious concerns. According to Goyal, this rapid growth is negatively impacting around 10 million small businesses…
Suryansh
E-commerce Giants Rally Behind Anti-Fake Review Policy
As per the Times of India, the number of consumer complaints about e-commerce platforms skyrocketed from 95,270 in 2018 to a staggering 4,44,034 in 2023. According to the survey conducted by LocalCircles, approximately 56% of online shoppers mentioned that the reviews and ratings on various e-commerce apps and websites are positively biased. The survey also…
JYOTI
Is Ecommerce Limitless Artificial Intelligence Legit?
In this day and age, where everything is achievable through technology, making money is something that you have to do on your own. But what if we tell you that you don’t have to do anything and can earn up to $1000 daily? Sounds too good to be true? Well, it’s possible, by using the…
Vishal Prajapati
Flipkart Business Model: How Does the Company Work?
Who does not know about Flipkart? One of the biggest e-commerce companies in the world, Flipkart has become a go-to option for shopping after Amazon. Founded by two colleagues cum friends, Sachin Bansal and Binny Bansal, Flipkart has emerged as a trailblazer in the e-commerce industry. Flipkart business model was designed to transform the way…
Vipin
Asian Nations In Generative AI Race Amid U.S. Dominance
The race for generative AI has started, and nations worldwide are trying their best to keep up with the big dogs. The United States of America is the biggest player in this race, all thanks to its giant tech companies like OpenAI, Google, Amazon, and Microsoft. These companies have ample funds and talent to tap…
Asian Market Digest & Financial Pulse
Twitch Shuts Its Services In South Korea Amazon’s global streaming platform Twitch has shut down its services in South Korea. The reason for this decision is the high operating costs in South Korea. The CEO of Twitch, Dan Clancy, said that the company has been operating in South Korea at a loss, and it is…
Telcos’ 25% Hike in SMS Tariffs: A Short-Sighted Move Hurting Global Firms
In a surprising move, telecommunications companies have recently announced a 25% increase in SMS tariffs for global giants like Amazon and Meta. This decision has sent shockwaves through the business community, raising concerns about the long-term implications for both the telecom industry and these multinational corporations. While telcos argue that the tariff hike is necessary…
NOKIA Logo Changes For The First Time In 60 Years
The iconic logo that has been associated with the telecom brand Nokia has changed for the first time in a span of 60 years. This advancement marks the beginning of a new era of changes, transitions, and developments. The new logo by the company was unveiled on Sunday, making a big buzz regarding this landmark…
SHAHID MUSHTAQ
Google India Fires Hundreds Of Employees: CEO Writes
Tech giant Google reportedly terminated 453 employees across various departments in India late at night on Thursday. The employees were informed about the termination via mail that Country Head and Vice President Sanjay Gupta sent. Last month Alphabet Inc, the parent company of Google, announced that it would bring 12,000 employees or 6 per cent…
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