Amazon reported a 24 percent increase in net sales in the third quarter of 2013 compared with the same period last year. From USD13.81 billion in Q3 2012, sales rose to USD17.09 billion this year.
“It’s been a busy few months — we launched a new Paperwhite and new Kindle Fires to positive reviews and surprised people with the revolutionary Mayday button—average Mayday response times are just 11 seconds,” said Jeff Bezos, founder and CEO of Amazon.com.
Amazon released a new service that streamlines how customers transact with online merchants.
With Login and Pay with Amazon, participating companies enables their customers to go from browsing to buying in just a few clicks using their Amazon account information.
“Amazon has more than 215 million active customer accounts,” said Tom Taylor, Vice President, Amazon Payments. “Login and Pay with Amazon enables online shoppers with Amazon credentials to access their account information safely and securely with a single login.
Asos has poached Amazon finance boss Shaun McCabe as it further strengthens its management team.
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Amazon recently introduced the Mobile Associates API for Kindle Fire and other Android devices that would allow developers to market both physical and digital goods within apps and games on Amazon.com.
Developers stand to earn up to 6 percent on qualifying in-app customer purchases.
Today, developers who wanted to create additional revenue channels for their apps t could use a “freemium” model with digital in-app purchasing or subscriptions, or by using mobile ads.
Amazon.in, an affiliate of global retail giant Amazon.com, on Monday launched a computers and accessories store for customers in India.
Shoppers in the country will be able to shop across 7,000-plus products from over 180 brands with the help of Amazon.in, Amazon said in a statement.
It will also provide detailed product descriptions, options to shortlist products by feature, customer reviews from Amazon.com, and personalised recommendations, it said.
Developers can now submit URLs for their HTML5 web apps and mobile websites and have Amazon offer that content to millions of Kindle Fire and Amazon Appstore customers in the same, convenient way as native apps.
Amazon said Web developers and content publishers have historically faced numerous challenges when building, optimizing and distributing web apps for mobile devices.
Online retail is on the rise in Southeast Asia and Amazon and Lazada are the top online retailers in the region, according to the latest report released by comScore.
The report, "Southeast Asia Digital Future in Focus 2013," showed that the Southeast Asian markets account for approximately 10 percent of the Asia-Pacific's Internet population of 644 million. Consequently, online retail sales is also in the rise.
When Indian e-commerce major Flipkart decided to hold a press conference last week to announce its biggest fund-raising, the event added an additional air of mystery around the company. Co-founders Sachin Bansal and Binny Bansal were for the first time addressing the media ever since the online retailer, best known for selling discounted books, went live in 2007. What's the deal, people tracking the sector asked. Some even tried to guess if the announcement had any links with the entry of US online retailer Amazon into India recently.
Amazon.in, the world's largest online retailer, is all set to fight it out in India's burgeoning ecommerce market. The US-based marketplace cum etailer, that entered the country last month with books and music, has extended its service with the launch mobiles and accessories, cameras and Portable Media Players. It has over 20, 000 electronic products on its platform.
The Seattle-based Nasdaq-listed e-commerce company Amazon entered India on Thursday by launching its marketplace model, offering up to 25 to 30 percent discount on products and the option of paying by cash on delivery. The move came after years of preparation and 16 months of getting a foothold in the country through Junglee.com, a price comparison site it had acquired.