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Walmart Publicize Acquisition Of Startup Jet.com For $3bn
Why Jet.com? Acquisition for Beating Competitors Recently, the e-commerce startup, Jet.com was acquired by Walmart for $3bn. This deal will probably include Jet.com’s proprietary technology, supplier contacts, and customer list. Lore is expected to handle US e-commerce operation of Walmart, after the closure of the deal. Attraction for Technologies Previously, Lore

European Startup, Deliveroo,Brings In $275M In Funding
A Wave of On-Demand Food Startups! Raising Funds and Competing Neck-to-Neck An on-demand food delivery restaurant startup, Deliveroo, in Europe, received another $275 million in funding. As per news, a Series E investment values the startup at around $1 billion and Bridge point, the new investor; DST Global, the previous

Amazon Starts Prime Service For Delivery In India
Making Amazon Fans Happy! Recently, the popular startup in the E-commerce business, Amazon launches its Prime membership program in India. Advantages of Prime With Prime, Indian customers in over 100 cities are sure to get benefit. They can now enjoy the unlimited free one-day and two-day delivery on lakhs of

U.S. Startup, Stripe, comes to India, Hires Ex-Amazon Executive
Bringing Its Payment Infrastructure To India A San-Francisco-based fintech startup, Stripe, is eyeing to enter the Indian market. And now it has just hired its first Indian employee- Anand Balaji- to oversee its initial foray into the Indian market. About Stripe Founded by two Irish siblings, Patrick and John Collison,

Amazon Announces Two New Data Centres for Mumbai
Rapidly Growing AWS Amazon web services, AWS, is growing rapidly in reach, it seems. The cloud-based AWS has just opened its two new data centres in Mumbai. With a substantial presence of its competitors like Microsoft and Google in this domain, Amazon is taking every step to remain ahead in

India to be backed by $3 billion Investment from Amazon
Amazon’s love for India! The Good News Recently, Amazon’s CEO Jeff Bezos announces that its online retail company will fund $3 billion to India as it competes with Snapdeal and Flipkart. The good news was declared in the presence of PM Narendra Modi at the US-India Business Council’s 41st Annual

Amazon Introduces Online Video Service
Competing with YouTube, Amazon launches its own online video service that allows users to post videos and earn money. The world’s best e-commerce platform, Amazon launches Amazon Video Direct that lets users upload clips to its website and earn through advertising, royalties and other sources. Its service will make the

Amazon Pay by Selfie will change the way to pay bills
Amazon soon to patent Pay by Selfie payment module. Now Amazon consumer’s can play by a blink. Amazon is going to bring a new way of making payment. This process is yet under development and soon Amazon is going to patent this technology. Not named yet, Pay by Selfie will