Page 16 - Local Shops News Today : Breaking News, Live Updates & Top Stories | Vimarsana

‘Amazon has driven MSME exports worth $3 b, created a million jobs in India’ April 08, 2021 Our Bureau Amazon India on Thursday announced that it has digitised 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly 1 million jobs in India till date. Last year at the inaugural Smbhav Summit, Amazon had announced an investment of $1 billion to digitally enable 10 million MSMEs, enable e-commerce exports worth $10 billion and create 1 million additional jobs in India between 2020 and 2025. The company is on track to fulfil these commitments. Amit Agarwal,...

How local shops are adopting technology and the challenges they face While the digital storefront starts profiting after a certain gestation period, the merchants will only place their faith in technology when the revenue starts coming from their digital presence. 0 claps Share on For decades, local shops have been at the centre of fulfilling the daily essentials and groceries needs. They would accept payments in cash, place an order for a particular item you that are looking for, and were the go-to neighbourhood place. Throughout the years, they managed to survive the constant onslaught of ...

Amazon is doubling down on this multibillion-dollar opportunity Harsh Chauhan | April 1, 2021 1:00pm | More on: This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated. Amazon.com, Inc.(NASDAQ: AMZN) has been making solid inroads into India's fast-growing e-commerce market by expanding into smaller towns and cities by partnering with local stores to quickly expand its delivery network. The strategy has paid off nicely for Amazon so far, with the company's Local Shops program growing more than tenfold in the space of less than a year to cov...

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The e-commerce giant is quickly scaling up a key program to capture a bigger share of this market.