The article also stated that the final number of layoffs remained a moving target. The job cuts will concentrate on the e-commerce giant’s devices unit, which contains voice-assistant Alexa, as

Shares in the e-commerce and cloud company fell 4.3% on Wednesday, pushing its market value to about $879 billion from a record close at $1.88 trillion on July 2021. Amazon.com

The €500 Mn – €550 Mn (INR 4,000 Cr – INR 4,500 Cr) worth of deal will mark the exit of Metro Cash and Carry’s loss-ridden wholesale business from India

Reliance Retail today also announced the launch of an athleisure brand, Xlerate, on its new commerce platform, AJIO Business. AJIO Business is a B2B commerce arm of Reliance Retail, meant

Financial Secretary Paul Chan announced in a keynote speech to the Hong Kong Fintech Week conference that authorities would begin a consultation process on providing ordinary investors with “a suitable

Due to excessive rainfall and crop damage, the new average retail price of common garden vegetables jumped from Rs 60-80 previously in the metro, including Mumbai, to Rs 120-140 per

Walmart is keen to bring in strategic investors in Walmart-Flipkart so that Flipkart can get additional expertise as well as consistent funding support as and when required to stay ahead

Founded in 2012, LimeRoad claims to sell its fashion products to 17 Mn buyers. The startup claims to deliver gross merchandise value (GMV) of more than INR 700 Cr at

Restaurant Brands Asia, earlier known as Burger King India Ltd, was incorporated in 2013 as a result of a partnership between Everstone Capital and Burger King Worldwide to bolster the

The Bain & Co announcement calculated that India has the third-largest online shopper base globally, with 180-190 million consumers in 2021. Subsequently, after months of careful spending amid the pandemic,

Reliance Retail’s online trade platform JioMart has glimpsed nearly a 2.5x spike in traffic and general sales during its festive season. The e-marketplace had declared openly its month-long festival deals

Goldman Sachs rates the stock as Buy, with a target price of Rs 1,100 per share. Following Marico, FMCG giant Godrej Consumer Products issued a dismal quarterly report, causing the