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Although the company entered the Indian markets much after home-grown ecommerce platforms like Flipkart, Snapdeal, IndiaMART, etc, it has still become a major player in the space.
This statement was reportedly delivered during a recent virtual meeting with his employees. During a recent meeting, Amazon's CEO firmly conveyed a message to employees who harbored reservations about resuming office work, saying that it will not be a viable option for them.
Amazon appears to be over-shooting capacity in its AWS business. Read why it could be creating conditions for less-than-optimal business performance.
Amazon's Bezos to step down as CEO; quarterly revenue tops $100 billion for first time 03 Feb 2021 - 0:38 Reuters Amazon.com Inc on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for the third quarter, will make current cloud computing chief Andy Jassy Amazon's next chief executive officer. Net sales rose to $125.56 billion as consumers turned to the world's largest online retailer for holiday shopping, beating...
Bezos will become executive chair in the third quarter