Sales down by 30 percent on Amazon and Flipkart since new e-commerce policy came into force in India


Since the new e-commerce rules have come into force in India on Feb 1, the sales of Flipkart and Amazon fell by as much as 30 percent. The new regulations prohibit e-commerce companies from holding any stakes in companies that sell on their platform. Also for companies whose overall sale volumes cross the 25% markContinue reading “Sales down by 30 percent on Amazon and Flipkart since new e-commerce policy came into force in India”

AI poised to lend fillip to the digital fitness industry


The smart recommendation algorithm introduced by Amazon (as part of its larger AI strategy) was successful in giving their customers an experience of personalized shopping. This veritable technological innovation revolutionized consumerism and the rest is history.  But the billion dollar question is can artificial intelligence be a catalyst for disruption in the fitness industry? Going byContinue reading “AI poised to lend fillip to the digital fitness industry”

Shares of Redbox’s parent company Coinstar takes hit over concerns for content


Redbox’s parent company Coinstar’s (US:CSTR) shares have plummeted by 9% to $47.44 on Friday Afternoon.  Two reason’s which prompted the development was first, the concern about number of DVD Titles that Redbox shall have in the coming quarter and when shall those titles will be available at the 43000 Redbox Kiosk’s for renting. Another thingContinue reading “Shares of Redbox’s parent company Coinstar takes hit over concerns for content”

Nintendo Wii U consumers shall not have to wait for Netflix anymore


Popular video streaming service Netflix can now be used Nintendo’s gaming console “Wii U” from immediate effect. Contrary to the news doing rounds that Netflix, Hulu Plus, YouTube, and Amazon Instant Video shall be delayed for a few days, Netflix clarified that it isn’t so. Netflix will be available on Wii U from this weekendContinue reading “Nintendo Wii U consumers shall not have to wait for Netflix anymore”