🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Amazon leans into video in emerging Europe's online marketplace fight

Reuters · 1y ago

Amazon leans into video in emerging Europe's online marketplace fight

Amazon and Chinese company Temu are both targeting Poland's online marketplace leader, Allegro, with different strategies. Amazon plans to invest in video streaming, producing more original Polish-language shows for its Prime Video service. They also see growth potential in the Central and Eastern European region as a whole. Meanwhile, Temu has gained market share in Poland through low-cost fashion offerings. Although Allegro holds a strong position due to loyal customers and a wide range of services, Amazon and Temu pose potential threats with their different strategies. Allegro plans to expand to other countries in the region, while Amazon and Temu continue to compete for market share.

Related News

Amazon Eyes Influencer Economy With Creator University

Inc42 · 1y ago

Amazon Eyes Influencer Economy With Creator University

Amazon is launching the Amazon Creator University, which will provide creators with video tutorials and workshops to help them sell their products on the marketplace. The company also plans to conduct in-person events and workshops through Creator Connect to attract new creators to its Amazon Creator Program. Meanwhile, Amazon India's marketplace arm saw its net loss increase by 33% YoY to INR 4,854.1 Cr in FY23, while operating revenue only rose by 3.4% YoY to INR 22,198 Cr.

Amazon local revenues enough to fund India investments; on track for profitability: Amit Agarwal

Economic Times

Economic Times · 1y ago

Amazon local revenues enough to fund India investments; on track for profitability: Amit Agarwal

Amazon's India arm, led by Amit Agarwal, senior VP for India and emerging markets, has started funding its local investments using revenue generated in the Indian market. The company aims to invest $26 billion in India by 2030, with a focus on technology and services to attract more online shoppers. Despite facing competition from newer players like Meesho and Tata Neu, Amazon remains committed to its long-term outlook for India. Amazon India's marketplace unit reported a loss of INR 3,649.2 crore but saw a 32% revenue increase. The company aims to sustain growth while maintaining a customer-focused approach.

Online video games, the latest hunting grounds for drug cartels

Economic Times

Economic Times · 1y ago

Online video games, the latest hunting grounds for drug cartels

Drug cartels are turning to online video games like "Grand Theft Auto" and "World of Warcraft" to discreetly sell drugs and recruit dealers. The dark web is becoming less popular among cartels due to increased law enforcement surveillance, while online games provide an unmonitored space for communication. Symbols and emojis are used by traffickers to avoid detection, with specific symbols representing drugs or activities. The Council of Europe's Pompidou Group has held a forum to raise awareness about this issue and suggests better education for parents and children regarding the risks of online gaming.

UK secures commitments from Amazon and Meta over retail platforms

Economic Times

Economic Times · 1y ago

UK secures commitments from Amazon and Meta over retail platforms

Tech companies Meta and Amazon have made commitments to protect fair competition on their retail platforms, as confirmed by Britain's competition watchdog. Amazon has pledged not to use competitor sellers' marketplace data to gain an unfair advantage, ensuring a level-playing field. Similarly, Meta has committed to not exploiting its advertising customers' data, giving competitors the ability to opt out of using their data to enhance Facebook Marketplace. The Competition & Markets Authority's investigation into Amazon Marketplace and Meta's use of advertising data has concluded with these commitments.

HP leans on gaming to expand India sales

Economic Times

Economic Times · 1y ago

HP leans on gaming to expand India sales

HP is focusing on gaming as a major revenue driver, with gaming segment sales currently accounting for 22-25% of its overall consumer business. The company aims to further strengthen this category after launching a new range of AI-enabled gaming laptops. Gaming is the fastest growing segment for PC sales, with a growth rate of over 200% in the last two years. HP holds a 32% market share in the gaming category, followed by ASUS at 24% and Dell at 19%. The company believes that gamers are willing to invest in high-performance PCs for better output and supports emerging esports players through affordability programs.

Walmart-backed Flipkart turns to videos and livestream to woo Indian online shoppers - The Economic Times

Economic Times

Economic Times · 20d ago

Walmart-backed Flipkart turns to videos and livestream to woo Indian online shoppers - The Economic Times

Flipkart, owned by Walmart, is leveraging social videos and livestreams to attract young Indian online shoppers. The strategy aims to outpace competitors like Amazon and Reliance in India’s massive e-retail market. With about 650 million smartphone users, over 270 million shop online, making India the second-largest e-retail market. Flipkart’s video engagement surged, with 200 million users in the first half of 2025. The platform plans to expand video content in various categories.

‘Prime Video invests heavily in original content in India’

Livemint

Livemint · 1y ago

‘Prime Video invests heavily in original content in India’

India is a crucial market for Amazon's video streaming service, Prime Video, and one of the two markets where it heavily invests in local content. The VP of International Business at Amazon, Kelly Day, highlights India's significance in terms of subscriber growth, content creation, and technological innovation. The localization efforts, such as introducing a mobile-only subscription and catering to linguistically diverse audiences, have been successful. India is a key focus for Amazon, and it aims to provide a homegrown service with local talents and storytelling. Prime Video India has also introduced content innovations for global markets, but there are no immediate plans for an advertising video on demand (AVoD) service. The success and impact of content offerings are measured by the positive reception they receive worldwide. Amazon Prime Video is committed to profitability and utilizes various revenue streams, including subscriptions, marketplace revenue, TVoD, and advertising. The company emphasizes flexibility in content licensing agreements and cooperation with content creators and studios. Amazon Prime Video ensures compliance with regulations and diligently works to combat piracy. Data-driven decision-making and personalization are top priorities to provide a relevant and convenient content discovery experience for users. The Prime Video Channels business in India is still in its early stages but shows promising growth with an expanding collection of content and partnerships.

Wall Street turns positive as Dow hits one-week high

Livemint

Livemint · 7m ago

Wall Street turns positive as Dow hits one-week high

Wall Street's main indexes experienced choppy trading before turning positive on Thursday. The Dow Jones Industrial Average reached a one-week high, fueled by a 5.2% surge in cloud company Salesforce's stock. Nvidia also saw an increase of 0.8% following its better-than-expected earnings release. However, Alphabet slumped 5.4% to a two-week low after the Justice Department demanded the sale of Google's Chrome browser to end its search monopoly. Amazon dropped by 2% as it faces a potential European Union investigation into its treatment of brand products on its online marketplace in 2020.

Spain Space Summit: Europe urged not to repeat tech underdog role ahead of talks

Economic Times

Economic Times · 1y ago

Spain Space Summit: Europe urged not to repeat tech underdog role ahead of talks

Europe is being urged not to fall behind in the emerging space economy as more than 20 countries gather in Spain for a space summit. The European Space Agency (ESA) is set to discuss funding for the delayed Ariane 6 rocket, climate change, and Europe's potential role in space exploration. The summit comes as Europe faces challenges in autonomous access to space due to delays in rocket development and limited access to other launch options. The ESA Director General emphasized the importance of Europe's participation in the growing space economy and called for avoiding past mistakes in the technology sector.

CCI clears Amazon Asia's 76% stake buy in Frontizo

YourStory

YourStory · 11m ago

CCI clears Amazon Asia's 76% stake buy in Frontizo

The Competition Commission of India (CCI) has approved Amazon Asia-Pacific Holdings' acquisition of a 76% stake in Frontizo from Zodiac Wealth Advisors. Frontizo's subsidiary, Appario Retail, operates as a retail and wholesale business in India, offering products on the Amazon India Marketplace. The CCI has also cleared the acquisition of Appario's business by Clicktech Retail Pvt Ltd and the acquisition of a 1% shareholding by Haverl in New Trends Commerce Pvt Ltd. Additionally, the CCI has approved Sanlam Emerging Markets' proposal to acquire a 16.12% stake each in Shriram LI Holdings and Shriram GI Holdings.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Meta acquires voice startup Play ...

Exclusive: Porter turns profitabl ...

Zomato CEO Deepinder Goyal buys l ...

Download the medial app to read full posts, comements and news.