In a safety notice, CCPA said before on-boarding sellers of acid, e-commerce players should take a separate undertaking from them on compliance of mandatory norms. CCPA said that enabling the purchase of acid in such a manner on the e-commerce platform is a clear violation to directions of the Supreme Court and the Ministry of Home Affairs advisory ..read more

In a strategic move to cut costs and enhance supply chain resilience, Walmart, the world's largest retailer, is significantly increasing its imports from India, according to data revealed by Reuters. The data, sourced from bill of lading figures provided by Import Yeti, indicates a notable shift in Walmart's sourcing patterns ..read more

In the first nine months of 2023, Amazon's sales of second-hand goods in the UK increased by more than 15% on the same period last year. Amazon UK's total revenue in 2022 was 24 billion pounds ..read more

Amazon Seller Services earns revenue from third-party seller services, subscription services, including Amazon Prime, and other marketplace-related services, including advertising revenue and marketing support services to related parties ..read more

Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday -- a term coined back in 2005 by the National Retail Federation -- continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it ..read more

Amazon reached an agreement with most of its workers in Spain, avoiding the impact of a one-hour strike on Cyber Monday. Only 5,000 delivery workers will continue the protest, demanding better pay conditions. The company stated that the majority of teams will work as normal and there will be no impact on operations. Amazon is proud of the wages, benefits, and safer working conditions it provides to employees in Spain. The union group CCOO will continue negotiations to improve pay and conditions ..read more

“There is a review going on since Rao stepped down as the CEO. Singh and Medda are the two candidates from the existing management. But the (proceedings) are being run by (a) third-party firm to follow due process,” a person briefed on the matter said ..read more

A total of $79 million of the sales came fr"We've seen a very strategic consumer emerge over the past year where they're really trying to take advantage of these marquee days, so that they can maximise on discounts," Vivek Pandya, a lead analyst at Adobe Digital Insights, was quoted as saying ..read more

Online and offline markets in India are set to see sales growing by over 70% in the week of Black Friday this year when compared to business as usual (BAU) weeks, according to estimates from market research firm 1Lattice. In the US, Black Friday is the Friday after Thanksgiving. It's the busiest shopping day of the year and marks the start of the Christmas shopping season. The sale typically gets extended to the following Monday, called Cyber Monday ..read more

The striking workers were chanting their demand for a pay rise to 15 pounds ($18.69) an hour. An Amazon UK spokesperson said minimum starting pay is between 11.80 pounds and 13 pounds an hour depending on location, and would increase to 12.30 to 13 pounds an hour from April 2024. Amazon said the strike would not cause disruption ..read more