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Alibaba makes $1 billion cloud bet to overtake Amazon

Jul 29, 2015

Alibaba makes $1 billion cloud bet to overtake Amazon

China's Alibaba Group Holding Ltd said on Wednesday it would invest $1 billion in the next three years into its Aliyun cloud computing arm to challenge Amazon.com Inc's lucrative Web Services division. #Cloud computing #Alibaba #Amazon #Amazon Web Services #AWS #Aliyun
Amazon's surprise Q2 profit: Cloud business soared 81%; market value tops Wal-Mart's

Jul 24, 2015

Amazon's surprise Q2 profit: Cloud business soared 81%; market value tops Wal-Mart's

Revenue from the company's cloud computing division, Amazon Web Services, soared 81.5 percent to $1.82 billion, accounting for nearly 8 percent of the quarter's revenue. #Wal-Mart #Q2 #Amazon #cloud #AWS
Bezos' boundless India love: Amazon to invest $5 bn more to launch Prime services, expand

Jul 20, 2015

Bezos' boundless India love: Amazon to invest $5 bn more to launch Prime services, expand

We see huge potential in the Indian economy and for the growth of e-commerce in India, Jeff Bezos had said last year #NewsTracker #Amazon #E-Commerce #Flipkart #Snapdeal #Amazon Web Services #Amazon Prime
AWS launches Device Farm, API Gateway for app developers

Jul 10, 2015

AWS launches Device Farm, API Gateway for app developers

Developers can upload their apps and run tests simultaneously on all of the most commonly used mobile devices across a continually expanding fleet that includes the latest device/OS combinations. #Amazon #Amazon Web Services #App developers #AWS #Device Farm #API Gateway
Flipkart vs Amazon fight continues, this time over Amish Tripathi's Scion of Ikshvaku

Jul 03, 2015

Flipkart vs Amazon fight continues, this time over Amish Tripathi's Scion of Ikshvaku

Flipkart and Amazon have been going at it since Amazon set foot in the Indian market. They are now as famous a rivalry as any, Federer vs Nadal, Messi vs Ronaldo, more like Floyd Mayweather and Manny Pacquiao, a multi-million dollar bout. #NewsTracker #Amazon #E-Commerce #Flipkart #Snapdeal #Amish Tripathi #Scion of Ikshvaku #Westland
BankBazaar.com raises Rs 375 cr in fresh funding round

Jul 02, 2015

BankBazaar.com raises Rs 375 cr in fresh funding round

The company, which offers online loans and credit cards, also plans to launch other personal finance products to help consumers clinch the best deals. #NewsTracker #Amazon #Sequoia Capital #BankBazaar.com #Fidelity Growth Partners #Mousse Partners #Walden International
Centre, states meeting to discuss FDI in e-commerce on 15 July

Jul 01, 2015

Centre, states meeting to discuss FDI in e-commerce on 15 July

The ministry has written a letter to all chief ministers requesting them to nominate the concerned minister on the matter to participate in the meeting, which will be chaired by Commerce and industry Minister Nirmala Sitharaman. #Business #NewsTracker #FDI #Nirmala Sitharaman #Amazon #E-Commerce #Flipkart #Snapdeal
After IBM and Microsoft, Amazon plans to set up data centre in India next year

Jun 30, 2015

After IBM and Microsoft, Amazon plans to set up data centre in India next year

Amazon Web Services (AWS) said it will open an AWS infrastructure region in India for its cloud computing platform in 2016. #India #Microsoft #Amazon #cloud #Data centre #Amazon Web Services #AWS
Amazon India edges past Flipkart in terms of monthly visitors

Jun 29, 2015

Amazon India edges past Flipkart in terms of monthly visitors

As e-commerce players battle it out for buyers' attention, Amazon India has caught up with Flipkart and overtaken Snapdeal in terms of monthly unique visitors in May. #Business #NewsTracker #Amazon #E-Commerce #Flipkart #Snapdeal