• 14
    Aug

    Amazon launches online pharmacy in India

    Amazon has launched an online pharmacy in Bangalore, the capital of India’s southern Karnataka state, as the e-commerce group looks to spread its tentacles in more categories in one of its key overseas markets. The company said on Friday its new service, called Amazon Pharmacy, has started accepting orders for both over-the-counter and prescription-based medicines in Bangalore. (In India, antibiotics and ...
  • 23
    Jul

    Amazon reportedly in talks to buy a 9.9% stake in India’s Reliance Retail

    Amazon may join its global rivals Google  and Facebook in backing one of Indian billionaire Mukesh Ambani’s ventures. The American e-commerce giant is in preliminary talks to acquire a 9.9% stake in Reliance Retail, local TV news channel ET Now reported Thursday afternoon, citing unnamed sources. Reliance Retail, founded in 2006, is the largest retail chain in India. It serves over 3.5 ...
  • 26
    Jun

    Amazon launches ‘Smart Stores’ in India to win mom and pop

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    For Amazon,  it’s never too late to try something in India. The e-commerce giant is exploring ways to further spread its tentacles in the largely offline, technology-free neighborhood stores in one of its key overseas markets. The American firm’s latest attempt is called “Smart Stores.” For this India-specific program, Amazon is providing physical stores with software to maintain a digital log of the ...
  • 17
    Jun

    India’s antitrust watchdog is reviewing Facebook’s $5.7B deal with Reliance Jio Platforms

    Facebook’s  $5.7 billion investment in India’s Reliance Jio Platforms that could help the American social media juggernaut make inroads into tens of millions of shops in the country is being reviewed by the local antitrust watchdog. The Competition Commission of India said on Wednesday that it is reviewing Facebook’s multi-billion dollar investment in Reliance Jio  Platforms for a 9.9% stake in the top Indian telecom operator. Bloomberg ...