Categories: Tech & Society

Amazon.in Starts Business in India While Amazon.com Looks to Expand into Online Grocery Business

Amazon fans in India, the wait is finally over – Amazon.in is live and taking orders. Currently, Amazon India is selling only books and movies through their new India website but you can soon see other categories coming up. On the other hand Junglee is also doing decently well although Amazon has not been promoting it too much obviously because they were waiting for the Amazon India portal to be launched soon.

Amazon.in is given free shipping on all orders as a limited period offer after which free shipping will be valid only on order above Rs 499. Well, this is just the beginning. Everyone knows Amazon has a lot of cash which they will be using to attract Indian shoppers. They will be directly competing with the likes of Flipkart, etc. who have established a very good name for themselves in this very conservative market.

On the other hand, Amazon.com is looking to expand its business to the online grocery division too. While food is a low-margin business, Amazon could outperform similar online grocery services by delivering orders for higher-margin items like electronics at the same time.

One of the people familiar with AmazonFresh’s expansion plans said new warehouses will have refrigerated areas for food, but also space nearby to store up to one million general merchandise products, in some cases.

Amazon is searching for new, large markets to enter as the company tries to maintain a growth rate that has fueled a 220 percent surge in its shares over the past five years. The grocery business in the United States, which generated $568 billion in retail sales last year, may be a ripe target.

Prateek Panda

Prateek is the Founder of TheTechPanda. He's passionate about technology startups and entrepreneurship and enjoys speaking to new founders every day. Prateek has also been consistently regarded as one of the top marketing experts in the region.

Recent Posts

Disrupting Fintech: How product studios are transforming financial services

In the rapidly evolving financial technology landscape, innovative product studios are emerging as powerful catalysts…

1 day ago

Harnessing the power of AI: Preparing today’s workforce for tomorrow’s challenges

In an era defined by rapid technological advancement, Artificial Intelligence (AI) stands as a transformative…

1 day ago

Indian esports makes history at BRICS Esports Championship in Moscow

In a historic moment for Indian esports, Wasfi “YoshiKiller” Bilal secured a silver medal at…

2 days ago

Geek Appeal: New gadgets & apps on the block

The Tech Panda takes a look at recently launched gadgets & apps in the market.…

2 days ago

Ecosystem harkat: India’s Biotech & space tech, early stage tech startups & women entrepreneurs in blockchain

The Tech Panda takes a look at what’s buzzing in the startup ecosystem. The startup…

2 days ago

Harris vs. Trump: Forecasting Bitcoin’s Future in a Post-Election Economy

With just days until the outcome of the U.S. presidential race, Bitcoin enthusiasts across the…

3 days ago