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Amazon To Shut Food Delivery Business In India

Amazon announces to shut food delivery business in India

PGurus Newsdesk - November 26, 2022 0

After EdTech, Amazon shut its food delivery business in India Amazon said on Friday that it is shutting down its food delivery business in India,...

The arbitration before SIAC will continue and did not express any opinion on the merits of the arguments in the matter, say Delhi HC

Law and Order

Delhi High Court rejects Future Group’s plea to terminate arbitration proceedings...

PGurus Newsdesk - November 22, 2022 1

Legal battle between Amazon and Future Group was going on for over 2 years in various courts in India and Singapore The Delhi High Court...

Amazon will prioritize communicating directly with impacted employees before making broad public or internal announcements

Business

Amazon CEO Andy Jassy warns of more layoffs in early 2023

PGurus Newsdesk - November 18, 2022 0

Amazon prepares for a 'Not-So-Happy New Year' as CEO Andy Jassy tells employees to brace for more layoffs The e-commerce giant Amazon’s CEO Andy Jassy...

Business

Amazon begins massive job cuts; starts elimination of 10,000 employees, 3%...

PGurus Newsdesk - November 16, 2022 0

Alexa & Cloud gaming worst hit by layoffs Amid Meta and Twitter layoffs, Amazon has started to lay off thousands of workers, and the process...

Business

Insurtech startup Zopper raises $75 million in its Series C funding...

PGurus Newsdesk - September 20, 2022 0

Zooper aims $500 million GWP by March 2024 Insurtech platform Zopper on Tuesday said it had raised $75 million in its Series C funding, led by...

CCI ruling was based on its reasoning that Amazon had not disclosed its intent and strategic interests behind the deal

Law and Order

NCLAT rejects Amazon’s appeal against the CCI order suspending Future deal....

Team PGurus - June 13, 2022 0

Amazon-Future deal: Upholding CCI order, NCLAT directs Amazon to pay Rs.200 cr in 45 days In a major setback to Amazon, the National Company Law...

Meta is banking upon its big-time foray into Metaverse, with plans to invest $10 billion over the coming years

Social Media

Amazon takes a dig at metaverse as Zuckerberg makes grand plans

PGurus Newsdesk - May 20, 2022 0

Amazon would focus on technology that affects the real world "here and now"; Limp takes a dig at Meta As Meta CEO Mark Zuckerberg moves...

The launch comes after the antitrust body raided domestic sellers of Amazon and Flipkart following accusations of competition law violations

Commerce

India to unveil open e-commerce network to take on Amazon, Walmart

PGurus Newsdesk - April 29, 2022 0

Antitrust body raids Amazon, Flipkart over alleged competition law violations Amid the antitrust body raided domestic sellers of Amazon and Flipkart following accusations of competition...

Will today’s SC ruling allowing Future Retail to move to the Delhi High Court hurt Amazon?

Law and Order

Supreme Court permits Future Retail to approach Delhi HC with plea...

Team PGurus - February 15, 2022 0

Future Retail gets a lifeline from the Apex Court In what could be a setback to Amazon, the Supreme Court of India on Tuesday granted...

Amazon has been expanding its shopping service from the online world to the real world by opening physical retail stores in the US

Business

Amazon Style: First physical clothing store to be launched by Amazon

PGurus Newsdesk - January 21, 2022 3

Amazon to launch first-of-its-kind shopping experience in its clothing store Amazon recently announced that it will launch its first apparel and fashion store in the...