NEW DELHI/MUMBAI: Amazon.com Inc's grocery service is slowly returning on its India website after the online retail giant faced disruption from revised e-commerce curbs which kicked in on Feb. 1.New federal rules, which bar companies from selling products via vendors in which they have an equity interest, forced Amazon India to remove hundreds of thousands of products from its site last week.The policy has spooked Amazon and Walmart-owned Indian rival, Flipkart, as it is forcing them to alter their business structures.On Tuesday, Amazon Pantry was offering select food products, such as cookies and tea, in New Delhi and Mumbai. Though Reuters reporters in both cities were able to place Pantry orders, several customers complained on Twitter they were struggling to get their requests fulfilled.India allowed Amazon to retail food products in the country in 2017 and the company committed US$500 million in investment. Amazon was using that government permission to sell some Pantry grocery … [Read more...] about Amazon grocery service slowly returns in India after e-commerce disruption
Mumbai online grocery
Technology Amazon and Indian private equity firm Samara Capital are making a joint investment that will give the online retail giant a stake in Indian supermarket chain More, the U.S. company said on Thursday. 20 Sep 2018 11:55PM Bookmark MUMBAI: Amazon and Indian private equity firm Samara Capital are making a joint investment that will give the online retail giant a stake in Indian supermarket chain More, the U.S. company said on Thursday.The investment is Witzig Advisory Services, which is owned by Samara Alternative Investment Fund, Amazon said without divulging financial details or the size of its stake.Witzig is in the process of acquiring Aditya Birla Retail, which runs over 540 More stores across India, according to a stock exchange filing.The U.S. tech company would effectively own a stake in More's supermarkets and hypermarkets, intensifying competition with rival Walmart, which acquired Indian online marketplace Flipkart this year.Amazon and Samara Capital have … [Read more...] about Amazon buys stake in owner of Indian supermarket chain More
REUTERS: Walmart Inc is testing whether independent drivers could deliver its groceries as the retailer races to meet its goal of offering home delivery to more than 100 U.S. cities by the end of the year.The pilot program called Spark Delivery is similar to Amazon Flex, a service from rival Amazon.com Inc where a fleet of drivers use their own cars to make fast deliveries.Walmart's Spark Delivery is a crowdsourced platform, which works with independent drivers who partner with Delivery Drivers Inc, a separate firm that manages such workers.The initiative is Walmart's latest attempt to tackle one of the biggest challenges in retail: the so-called "last mile" of delivering goods to online customers. Despite having 4,700 U.S. stores within 10 miles (16 km) of 90 percent of the U.S. population, the Bentonville, Arkansas based retailer is still trying to figure out how to efficiently make deliveries and has poured billions of dollars into ecommerce in recent years.Walmart is the largest … [Read more...] about Walmart trials grocery delivery to rival Amazon Flex
MUMBAI: Multinational companies like Amazon Inc and H&M are lobbying to soften a ban against single-use plastic imposed by an Indian state last week, according to four sources familiar with the matter.The ban by the state of Maharashtra, home to India's financial capital of Mumbai, could sharply raise costs for companies that rely heavily on plastic for packaging, such as retailers, beverage makers and sellers of bottled water.Maharashtra's move, the first such broad action against plastic by an Indian state, comes as Prime Minister Narendra Modi pushes a plan to completely end the use of single-use plastic in India by 2022.Plastic packaging accounts for nearly half of all plastic waste globally, and much of it is thrown away within just a few minutes of its first use, according to the United Nations.Representatives of companies including Amazon, H&M, Pepsi and Coca-Cola , as well as plastic industry bodies and lobby groups, met with Maharashtra government officials days … [Read more...] about Amazon, H&M and other multinationals pressing to soften Indian state’s plastic ban
LONDON - For Filipina teenager Ruby, a Facebook message offering a job in a cyber cafe across the country seemed too good to be true. It was. Days later, the 16-year-old orphan was dragged in front of a webcam by her new employers and forced to perform sex acts for clients - becoming another captive in the growing global slave trade to be lured, trapped and abused through technology. "It was like a bomb exploded ... I had been totally fooled," Ruby, now 21, told the Thomson Reuters Foundation at the back of an empty church in Tagaytay city in the Philippines. "I felt degraded and disgusted - I blamed myself," she said. "I was forced to do things you could not imagine a 16-year-old having to endure." Webcam slavery: tech turns Filipino families into cybersex child traffickers Modern technology - be it mundane messaging apps or complex cryptocurrencies - is fuelling the modern-day slave trade by enabling traffickers to ensnare more victims, expand their illicit empires, and outfox law … [Read more...] about News Chasing shadows: can technology save the slaves it snared?