Article content Shopify Inc. reported sales and profit for the fourth quarter that narrowly beat analysts’ estimates, but that didn’t impress Wall Street after the stock more than doubled last year. Revenue for the period rose 24 per cent to US$2.1 billion, beating the US$2.08 billion average estimate of analysts surveyed by Bloomberg. Profit, excluding […]
Adding a new twist to its ongoing spat with Future Group, e-commerce major Amazon has warned its promoters against sale of the company’s supply chain and logistics businesses to Reliance Industries (RIL) in a fresh transaction. In a letter addressed to Kishore Biyani and other family members who are classified as promoters, Amazon has said […]
Amazon India will create 2 million jobs in the country, enable $20 billion in exports (the double of its earlier target) and digitise 10 million MSMEs by 2025, the company said on Sunday. In the last one year, Amazon helped create over 135,000 jobs across industries such as information technology, e-commerce, logistics, manufacturing, content creation […]