"The current crisis is demonstrating the adaptability and durability of Amazon's business as never before, but it's also the hardest time we have ever faced," said Jeff Bezos, Amazon founder and CEO.
Called bharatemarket.in, the announcement comes at a time when e-tailers Amazon and Flipkart and offline player Reliance Retail are trying to woo small traders
Focus shifts from Aramco to Jio Platforms deal to achieve the goal ahead of the March 2021 deadline
Earlier, there have been reports of Reliance talking to Google
He added that the company's strong balance sheet proved to be an "important asset" this quarter, enabling it to commit to a "long-term growth priority in India even in the midst of a global crisis"
While most of the Super-Apps owes their origin to messaging, the success factor however has been the 'payments' feature which helps them to monetise faster
At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential basis and nearly trebled over the year-ago period.
The Facebook investment is a high-stakes gambit with dual possibilities
Shares of the world's biggest social network, which owns WhatsApp and Instagram, jumped 9% in extended trading.
The employees responsible for tackling hacking threats have alleged that the Silicon Valley giant is replacing them with machines and is automating its alert response and security teams
From April 1 India imposed a new 2 per cent tax on foreign billings, or transactions where companies take payment abroad for digital services provided in India
WhatsApp emphasised that like written messages, all calls on its platform are protected with end-to-end encryption
Twitter, Facebook, LinkedIn ask brands to mind the tone and pitch while keeping their ads simple, factual and humane
The job offers where the process is stuck at any level will also be stopped.
Billion-dollar deals aplenty for right business
Results, dividend, issue of shares to existing shareholders on Thursday meeting's agenda
The Facebook deal will help Ambani set up a digital platform to take on Amazon and Walmart's Flipkart in an e-commerce market
The stock hit a two-month high today and has recovered 68 per cent from its last month low of Rs 876 touched on March 23, in an intra-day deal.
Earlier this month, WhatsApp limited the number of times a frequently forwarded message can be sent further to only one chat at a time
Facebook, Google and other behemoths are training their sights on Silicon Valley's company of the moment