Indian e-commerce startup Meesho has posted its first-ever profit, a major milestone for the company as it plans to go public in the next 12-18 months. Meesho, which competes with Amazon and Walmart’s Flipkart in India’s fast-growing e-commerce market, targets smaller towns and cities with unbranded products like clothes and cosmetics. It was last valued … Read more
Beginning in August 2023, Amazon India will discontinue its online learning programme for the nation’s high school pupils. To assist students in getting ready for the JEE, the Amazon Academy portal was introduced in January of last year (Joint Entrance Examination). The enrolled students in the current academic session will receive a full refund of … Read more
Amazon has completed an $8.5 billion acquisition of Metro Goldwyn Mayer (MGM), the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Amazon Prime Video. The deal is Amazon’s second-largest acquisition, the company paid $13.7 billion for Whole Foods in 2017. … Read more
