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Amazon India board clears merger of logistics arm with marketplace entity
Economic Times · 2m ago
Medial
Amazon Transportation Services (ATS), Amazon's Indian logistics arm, is merging with Amazon Seller Services to simplify the organizational structure and reduce legal compliance. Approved by the National Company Law Tribunal, the merger aims to streamline resources and infrastructure management. ATS, primarily serving Amazon, recently opened to third-party clients. Amazon, like its rivals, has in-house logistics. The merger is unrelated to any plans for a public listing of Amazon's India business.
Regulatory framework to push exports through e-comm likely by Sep: Comm Secy
YourStory · 12m ago
Medial
The Indian government is set to develop a regulatory framework to boost the country's exports through e-commerce. Currently, Indian exports through this medium are only $5 billion annually, compared to China's $300 billion. The government sees great potential to increase these exports and aims to establish e-commerce export hubs near airports and ports. Small producers will be able to sell to aggregators who will then find markets and sell the products. The framework is expected to be ready by September, and there is a potential to reach $50-100 billion in the coming years.
CAIT urges CCI intervention against e-comm giants Amazon, Flipkart
Thehindubusinessline · 1y ago
Medial
The Confederation of All India Traders (CAIT) has appealed to the Competition Commission of India (CCI) to take urgent action in the Delhi Vyapar Mahasangh case against Flipkart and Amazon. CAIT claims that the e-commerce giants have engaged in anti-competitive practices that have led to the closure of business for many retailers. The CAIT letter alleges that Flipkart and Amazon monopolize the sales of mobile phones through exclusive launches and create artificial sellers to sell their own inventory. The case's outcome has significant implications for the survival of retailers and their families.
E-Cricket: Gaming studio Lightfury Games unveils its first title
Economic Times · 3m ago
Medial
LightFury Games, founded by Karan Shroff and others, has announced its first game, ‘E-Cricket’, set to launch in 2026. Developed in collaboration with Amazon Web Services and powered by Amazon GameLift Streams, the game aims for cross-platform compatibility. It focuses on integrating a social angle into cricket, leveraging significant AI tools to expedite game development. The Bengaluru-based startup raised $8.5 million in seed funding, emphasizing India’s potential in AAA game development.
Grade A warehousing demand to post 12.5% CAGR until FY30 on continued strong appetite from retail, e-comm
Money Control · 10m ago
Medial
The demand for Grade A warehousing in India is expected to grow at a compound annual growth rate of 12.5% until FY30, driven primarily by the retail and e-commerce sectors. A report by Alvarez & Marsal India estimates that retail, third-party logistics (3PL), and e-commerce will account for 80% of Grade A warehousing demand over the next five years. The major real estate markets of Delhi, Mumbai, Bengaluru, Chennai, and Pune represent up to 70% of the current demand for Grade A warehousing. Additionally, there is growing demand for warehousing in tier-2 cities such as Lucknow, Jaipur, and Indore.
E-commerce orders may be harder to return this festive season
Livemint · 10m ago
Medial
As companies aim to maximize earnings and minimize logistics hurdles this festive season, online orders for categories such as fashion, accessories, home decor, and kidswear may be harder to return. Direct-to-consumer companies and e-commerce platforms like Flipkart and Amazon are likely to set a higher bar for accepting returns to reduce costs. Ways to curb returns include shortening the return window, charging return fees, offering store credit only, and restricting payment at the time of delivery. Product returns are becoming more difficult for e-commerce companies to manage and could cost the industry billions in revenue.
Amazon’s newest competitors are stepping into its territory
Livemint · 1y ago
Medial
Fast-fashion company Shein and TikTok's shopping unit are expanding in Amazon's territory, seeking to recruit Amazon employees and set up workspaces in the same office tower in Seattle. Both companies are bolstering their staff and operations in the US logistics and supply-chain industry. Shein, TikTok, and e-commerce company Temu, all with Chinese roots, are investing heavily in the US online shopping market. This move represents a new threat to Amazon, as these companies aim to replicate its success and challenge its dominance.
Meesho launches last-mile logistics marketplace Valmo
Entrackr · 1y ago
Medial
Meesho on Wednesday announced the launch of Valmo, a last-mile logistics marketplace that allows the network of micro-entrepreneurs to become Meesho partners and deliver orders in their nearby areas. Presently, only the logistics partners deal with Meesho’s orders but the company may open it for other e-commerce companies as well, a company executive said during a media roundtable. The move appears to be an attempt to raise a logistics infrastructure. “Valmo aims to create a national logistics solution by eliminating entry barriers for local players and helping them grow their businesses,” the company said in a press release. The company said it is building technological capabilities internally as well as with SaaS providers for deliveries through what it describes as the disaggregated network. It has also partnered ElasticRun, FarEye, LoadShare and Shipsy to create tech stack for Valmo. Meesho added that Valmo currently helps manage over 9 lakh orders on a daily basis which accounts for nearly 18% of third party e-commerce shipments in India. “Nearly 3,000 micro entrepreneurs who act as business partners ensure smooth functioning of these operations. This initiative has helped generate 35,000 indirect jobs through sustained engagement with these local partners,” the company said. It is worth highlighting that several companies including Amazon and Myntra have already tried to create such networks for last-mile delivery. That said, the move makes sense for Meesho which has emerged as the third largest e-commerce company after Flipkart and Amazon. Flipkart and Amazon both have separate logistics units: eKart and Amazon Transport Services. Unlike Valmo, both companies are full-fledged logistics units. Raising a full stack logistics infra requires a lot of capital and Meesho appears not to go that way. Meesho continues to work with Delhivery, Shadowfax, XpressBees, Ecom Express, among others for its logistics requirements.
No dearth of demand, more than 50% customers to raise festive purchases this year: Amazon India
Money Control · 1y ago
Medial
Amazon India is gearing up for a surge in demand ahead of the festive season, with expectations of higher sales compared to last year. The e-commerce giant is expanding its logistics and delivery network and has created over 100,000 job opportunities across the country. Additionally, Amazon India is launching a multi-channel fulfillment service to allow Direct-to-Consumer brands to use its delivery network. The company is also experiencing robust growth in advertising as sellers on e-commerce platforms increase their ad spends. Amazon is also introducing a new variant of its Prime membership program for Android users in India.
Amazon plans to offer logistics network to sellers not using its platform
Money Control · 1y ago
Medial
Amazon India plans to open its logistics network to merchants who don't sell on its platform. This will allow Direct-to-Consumer (D2C) brands to use Amazon's warehousing and transportation services, leveraging the company's logistics and supply chain capabilities to fulfill orders from various sales channels, including their own websites. The move comes ahead of India's festive season sales, which account for a significant portion of yearly e-commerce sales. Amazon also aims to digitize 10 million small businesses in India by 2025, with around 6.2 million already digitized.
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