Tagged: business

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Alibaba misses revenue estimates as e-commerce growth sluggish

Khevna.P.Shah, INN/Bangalore @Shahkhevna1, @Infodeaofficial China’s Alibaba Group Holding Ltd, missed analyst estimates for first-quarter revenue on Tuesday, as its e-commerce business was damaged by the increasing competition from smaller companies such as JD.Com Inc and...

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Amazon India launches its 5th Fulfilment Centre in Telangana

Pranshi Ladha, INN/ Madhya Pradesh @PranshiLadha, @Infodeaofficial Amazon India on Thursday declared the development of its satisfaction network in Telangana with the dispatch of another specific place and fanning out of a current one. Spread...

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How has COVID-19 triggered digital and e-commerce?

Khevna.P.Shah, INN/Bangalore @Shahkhevna1, @Infodeaofficial Since the COVID-19 and the resulting restrictions have led to slowing economic activity, a surge in e-commerce, and a growth in digital transformation. As lockdowns and the restrictions became the new...

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Amazon profit jumps 48% to $7.8 billion in Q2

Pratik Verma, INN/Hyderabad @Tragicfonts, @Infodeaofficial On 30th July (Thursday) Andy Jessy, chief executive of amazon gave a statement that the second quarter profit jumps 48% from a year ago to $7.8 billion. Andy Jessy who...