Amazon India’s fulfillment network will be spread across a floor area of more than 10M square feet which is more than the land size of 125 football fields.
The two retail giants, which go head-to-head in categories from grocery to electronics, have expanded beyond basics to add more fashion-forward and trendy options.
Amazon projected to be raking in more than 40% of the nation’s e-commerce sales by the end of 2021. Its dominance has only grown.
Amazon is facing a lawsuit from Washington DC, which claims the e-Commerce giant is abusing its dominant position.
Companies that are redefining revenue stability and sustainability.
Amazon said the report’s “suggestions are wrong” and the company had “a 24% effective tax rate on profits from 2010-18”.
A third-party seller whose baby-care business raked in $20 million in sales last year reveals his secret to selling on Amazon, Walmart, and Target.
Amazon stared buying up struggling malls and turning them into distribution centers for its rapidly growing e-commerce empire.
Biden has proposed hiking the U.S. corporate tax rate to 28% from 21% to help pay for his plan, an idea that Republican leaders are panning.