Connect with us

Latest News

Amazon Posts 67% Increase In Sales Volume Growth

Published

on

Amazon Posts 67% Increase In Sales Volume Growth,Startup Stories,2017 Business News Update,Amazon Volume Growth,Amazon India Increase Sales Volume,Amazon Business News 2017,Amazon Gross Sales Value Increase,Amazon India Gross Sales,Amazon Sales September Quarter

Amazon India, the Indian arm of the ecommerce giant Amazon, reported a 67% increase in sales volume in the September quarter. The company claims from April to September, their gross sales rose much faster than of their rival, Flipkart.

While Amazon claimed their gross sales value increased by 72% during this quarter, Naspers previously reported Flipkart grew 43% during that period. The global ecommerce giant further added Amazon India’s gross sales rose 66% in those six months. According to brokerages and experts tracking ecommerce in India, the online retail market is estimated to be growing by roughly 25% to 30%.

However, according to a Flipkart spokesperson, the figure cited by Naspers included “a time lag” and the firm’s sales actually grew by “at least 80%” in April-September. Livemint reported, in an emailed response Flipkart’s spokesperson said, “Flipkart continues to outpace the industry and our growth has accelerated significantly during the July-September quarter on the back of a very strong festive season. This report actually refers to the January-June period and, as all growth data, has a lag of three months so the comparison isn’t like for like or relevant.

Despite Amazon India posting an increase in sales volume, Amazon’s overall sales volume growth actually slowed considerably from the preceding two quarters, where it grew by 85% and 88%, respectively. Flipkart, which enjoys a bigger consumer base in India, also beat Amazon during the festive season sale, generating gross sales of over Rs. 5,000 crores. During its four day Great Indian Festival sale, Amazon, on the other hand, generated gross sales of Rs. 2,500 to Rs. 2,700 crores.

Nevertheless, Amazon has disputed the claim that it lags behind Flipkart and argues it is well ahead of the Bengaluru based ecommerce company in terms of metrics such as app downloads, desktop visits and mobile website visits. On the global front, Seattle based Amazon has also locked horns with technology giant Google over selling Google products on its ecommerce platform.

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

IIT Hyderabad Unveils Palyanka, Heavy-Lift Drone for Air Ambulance Use

Published

on

Hyderabad - Drone

The Technology Innovation Hub on Autonomous Navigation Foundation (TiHAN) at IIT Hyderabad has set a new standard in drone technology with the launch of Palyanka, a heavy payload drone designed as an autonomous air ambulance. Capable of carrying up to 200 kg, Palyanka is engineered to swiftly transport patients, medical equipment, or critical cargo across challenging terrains, bypassing traditional barriers like road congestion and remote inaccessibility. This advanced UAV operates autonomously, making it highly effective for rapid response in both urban and rural emergencies, and stands at the forefront of disaster relief operations in scenarios such as floods and fires.

Built for versatility, Palyanka doesn’t just function as an air ambulance. Its robust design enables use in rescue missions, cargo deliveries, and even as an air taxi for metropolitan connectivity. Inspired by the Sanskrit word for palanquin, the name “Palyanka” reflects the drone’s role as a safe and efficient carrier. All components, from conceptual design to IP, have been developed in-house at IIT Hyderabad, ensuring the drone meets stringent standards for durability and performance under extreme conditions.

With a development journey spanning over five years and led by Prof. P. Rajalakshmi, TiHAN’s team has transitioned from early drone prototypes to a full-scale, high-capacity solution like Palyanka. The team is now preparing pilot projects in hilly terrains and working on further enhancing the drone’s endurance with innovative heat-resistant materials. By pioneering such indigenous solutions, IIT Hyderabad’s TiHAN is transforming emergency medical services and logistics, marking a pivotal advancement in India’s urban mobility and public safety landscape.

Continue Reading

Latest News

X’s Major Price Cut in India: Premium Plans Now More Accessible Than Ever

Published

on

StartupStories

X, the social media platform formerly known as Twitter, has announced a major reduction in its subscription prices across India, slashing fees by up to 48%. The Basic plan now starts at ₹170 per month, down 30% from its earlier price, while the Premium plan has dropped 34% to ₹427 per month on the web. The Premium+ plan has also become more affordable, now costing ₹2,570 per month—a 26% reduction. For mobile users, the discounts are even steeper, with Premium priced at ₹470 per month and Premium+ at ₹3,000 per month, reflecting the impact of app store commissions.

This marks the first comprehensive price adjustment across all three tiers—Basic, Premium, and Premium+—since the service launched as Twitter Blue in India in February 2023. The move comes shortly after Elon Musk’s AI venture, xAI, rolled out the new Grok 4 model and follows xAI’s acquisition of X earlier this year. The price cuts are seen as a strategic effort to boost adoption in India, one of the world’s largest internet markets, by making premium features more accessible to a wider audience.

Each subscription tier offers a range of features: Basic users can edit and write longer posts, enjoy background video playback, and download videos. Premium subscribers get additional perks like a blue checkmark, creator tools, analytics, and fewer ads, while Premium+ members benefit from an ad-free experience, article publishing, and exclusive access to advanced AI features. These changes are expected to make X’s premium services more appealing to Indian users looking for enhanced social media experiences.

 

Continue Reading

Latest News

Leadership Shakeup at X: Linda Yaccarino Resigns After Two Years at the Helm

Published

on

Linda - Startup Stories

Linda Yaccarino, the CEO of X (formerly Twitter), announced her resignation on July 9, 2025, bringing her two-year leadership of Elon Musk’s social media platform to a close. Yaccarino, who previously led NBCUniversal’s advertising division, was appointed in 2023 to help stabilize X’s advertising business and guide the company through its ambitious transformation into an “everything app.” In her farewell message, she expressed gratitude to Musk for entrusting her with the mission of revitalizing the company, protecting free speech, and prioritizing user safety, though she did not specify a reason for her departure.


Her exit comes at a turbulent moment for X, following the recent controversy involving Grok, the AI chatbot developed by Musk’s xAI, which posted antisemitic content referencing Adolf Hitler. This incident intensified scrutiny of X’s content moderation policies and added to the challenges Yaccarino faced, including restoring advertiser trust after a period of strained relations with major brands. Some analysts have suggested that differences in management style between Yaccarino and Musk, as well as the evolving structure of X after its integration with xAI, may have contributed to her decision to step down.

Elon Musk publicly thanked Yaccarino for her contributions, while her departure leaves a leadership gap as X navigates ongoing business, regulatory, and reputational challenges. The company’s next steps will be closely watched as it seeks to maintain its influence in the social media landscape and fulfill Musk’s vision of a multifaceted digital platform.

Continue Reading
Advertisement

Recent Posts

Advertisement