#e-commerce
OpenAI shifts strategy from instant checkout to app-based AI shopping
OpenAI is reworking its approach to artificial intelligence-driven shopping, stepping back from its earlier push into instant checkout and shifting toward an app-based retail model within ChatGPT. The move comes months after the company introduced a feature that allowed users to complete purchases directly inside the chatbot, a concept that initially attracted strong interest from major ecommerce players. Retailers such as Etsy, Walmart and Shopify had quickly aligned with the initiative,
OpenAI shifts strategy from instant checkout to app-based AI shopping
OpenAI is reworking its approach to artificial intelligence-driven shopping, stepping back from its earlier push into instant checkout and shifting toward an app-based retail model within ChatGPT. The move comes months after the company introduced a feature that allowed users to complete purchases directly inside the chatbot, a concept that initially attracted strong interest from major ecommerce players. Retailers such as Etsy, Walmart and Shopify had quickly aligned with the initiative,
India studying impact after US court strikes down Trump tariffs
The Government of India on Saturday said it is closely examining recent developments in the United States after the US Supreme Court struck down former President Donald Trump’s sweeping global tariffs. The Commerce Ministry stated that officials are assessing the implications of both the court ruling and subsequent announcements made by the US administration. In its first formal reaction, the ministry confirmed it had taken note of the Supreme Court’s judgment delivered on Frida
India studying impact after US court strikes down Trump tariffs
The Government of India on Saturday said it is closely examining recent developments in the United States after the US Supreme Court struck down former President Donald Trump’s sweeping global tariffs. The Commerce Ministry stated that officials are assessing the implications of both the court ruling and subsequent announcements made by the US administration. In its first formal reaction, the ministry confirmed it had taken note of the Supreme Court’s judgment delivered on Frida
Amazon surpasses Walmart in annual revenue for the first time
Amazon has overtaken Walmart to become the world’s largest company by annual revenue, marking a historic shift in the long-running rivalry between the two retail giants. Walmart reported revenue of $713.2 billion for its most recent fiscal year, narrowly trailing Amazon’s $716.9 billion. The development had been anticipated for months after Amazon first exceeded Walmart in quarterly sales roughly a year ago, signaling a gradual but decisive change in the competitive landscape. W
Amazon surpasses Walmart in annual revenue for the first time
Amazon has overtaken Walmart to become the world’s largest company by annual revenue, marking a historic shift in the long-running rivalry between the two retail giants. Walmart reported revenue of $713.2 billion for its most recent fiscal year, narrowly trailing Amazon’s $716.9 billion. The development had been anticipated for months after Amazon first exceeded Walmart in quarterly sales roughly a year ago, signaling a gradual but decisive change in the competitive landscape. W
Amazon To Create 3.8 Million India Jobs By 2030 Despite Global Layoffs And $35B Investment Plan
Amazon has revealed one of its biggest commitments to India yet, announcing that it aims to help create 3.8 million job opportunities in the country by 2030. This comes at a time when the tech giant has laid off around 14,000 employees globally, highlighting a contrasting strategy between global restructuring and India-focused expansion. The announcement was made during the Smbhav Summit in New Delhi, where Amazon outlined its long-term roadmap for the Indian market. The company says it will
Amazon To Create 3.8 Million India Jobs By 2030 Despite Global Layoffs And $35B Investment Plan
Amazon has revealed one of its biggest commitments to India yet, announcing that it aims to help create 3.8 million job opportunities in the country by 2030. This comes at a time when the tech giant has laid off around 14,000 employees globally, highlighting a contrasting strategy between global restructuring and India-focused expansion. The announcement was made during the Smbhav Summit in New Delhi, where Amazon outlined its long-term roadmap for the Indian market. The company says it will
Amazon Prime Day 2025 expands to four days in US with special perks for Gen Z shoppers
Amazon is set to extend its annual Prime Day event to four full days in 2025, marking the first time the company has taken this step since the shopping holiday was introduced in 2015. What began as a 24-hour promotional campaign to celebrate Amazon's anniversary has since grown into one of the most anticipated e-commerce events globally. This year, Amazon is not only spreading its deals across a longer period but is also tailoring special perks to attract younger shoppers, particularly those
Amazon Prime Day 2025 expands to four days in US with special perks for Gen Z shoppers
Amazon is set to extend its annual Prime Day event to four full days in 2025, marking the first time the company has taken this step since the shopping holiday was introduced in 2015. What began as a 24-hour promotional campaign to celebrate Amazon's anniversary has since grown into one of the most anticipated e-commerce events globally. This year, Amazon is not only spreading its deals across a longer period but is also tailoring special perks to attract younger shoppers, particularly those
Kohl’s to Close 27 Stores Across 15 States Including Bay Area Locations This Weekend
Retail giant Kohl’s is preparing to close 27 underperforming store locations across 15 states this Saturday, March 29, as part of its strategic restructuring efforts. Among those closing are five locations in California’s Bay Area, including Fremont, Mountain View, Napa, Pleasanton, and San Rafael. These closures, initially announced in January, reflect the company's focus on optimizing operations and enhancing profitability by addressing performance issues in certain regions whi
Kohl’s to Close 27 Stores Across 15 States Including Bay Area Locations This Weekend
Retail giant Kohl’s is preparing to close 27 underperforming store locations across 15 states this Saturday, March 29, as part of its strategic restructuring efforts. Among those closing are five locations in California’s Bay Area, including Fremont, Mountain View, Napa, Pleasanton, and San Rafael. These closures, initially announced in January, reflect the company's focus on optimizing operations and enhancing profitability by addressing performance issues in certain regions whi
US Presses India to Open E-Commerce Market to Amazon, Walmart Amid Trade Deal Talks
In the midst of a pivotal phase in U.S.-India trade negotiations, the American presidential administration is pushing for significant changes in India’s e-commerce regulations. Central to Washington’s agenda is a demand that India allow major U.S. e-commerce firms, particularly Amazon and Walmart, more direct access to its growing online retail market. This request has emerged as a critical condition for concluding a broader bilateral trade agreement and potentially averting the i
US Presses India to Open E-Commerce Market to Amazon, Walmart Amid Trade Deal Talks
In the midst of a pivotal phase in U.S.-India trade negotiations, the American presidential administration is pushing for significant changes in India’s e-commerce regulations. Central to Washington’s agenda is a demand that India allow major U.S. e-commerce firms, particularly Amazon and Walmart, more direct access to its growing online retail market. This request has emerged as a critical condition for concluding a broader bilateral trade agreement and potentially averting the i
Amazon Overtakes Walmart in Quarterly Revenue for the First Time
Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal
Amazon Overtakes Walmart in Quarterly Revenue for the First Time
Amazon has officially surpassed Walmart in quarterly revenue for the first time, marking a historic shift in the retail landscape. For over a decade, Walmart has consistently led the industry in revenue generation, but Amazon’s rapid expansion in eCommerce, cloud computing, and advertising has propelled it to the top. During the fourth quarter, Amazon reported a staggering $187.8 billion in revenue, surpassing Walmart’s $180.5 billion. While Wal
Amazon Appoints Samir Kumar as New Country Manager for India
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota
Amazon Appoints Samir Kumar as New Country Manager for India
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota









