Amazon is not the only retailer grappling with a staggering number of returns: All sorts of retailers — especially some with generous return policies — have faced challenges with large numbers of returns. In the case of one retailer, SupplyAI’s Karthik Sridhar, the company’s CEO,...
In a move that will send traffic to its Australian website, Amazon said it will make Australians use its Australia site instead of its larger U.S. site. The Australian site has a smaller selection than the U.S. site, but the change comes amid a new...
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Amazon’s business in India is growing, with regulatory filings showing its B2B arm recorded a profit of $413,700 in 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Amazon has led a new round of funding in Acko, a digital insurance startup in India. According to Business Insider India, the eCommerce giant led the $12 million funding round for Acko with Ashish Dhawan, founder of PE firm ChrysCapital, and current backer Catamaran Ventures....
Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete in a world full of corporate Goliaths — a new source of strength. Sourcing, marketing, selling and payments: Harnessing the power of digital could...
A survey found that 19 percent of third-party merchants that sell goods on Amazon have made more than $1 million in sales this year, an increase from 10 percent in 2017. It also found that 3 percent made more than $10 million, an increase of 1 percent...
Amazon puts significant effort toward loyalty, as shown recently by its push to extend Prime discounts to Whole Foods shoppers, a move designed to increase revenue and keep consumers away from competitors. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon has launched a new Marketplace Appstore created for professional sellers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
