Skip to main content

Posts

Showing posts with the label Amazon

Featured Post

Reliance Jio IPO: India's Biggest IPO Coming Soon? Valuation, ARPU, and Latest News

  New Delhi : Financial specialists are profoundly excited almost the Dependence Jio IPO and are anticipating it with awesome expectation. After two decades, Dependence Businesses is set to dispatch an IPO for one of its major commerce units. Presently, Mukesh Ambani has given a critical upgrade with respect to this Jio IPO . The draft outline for Jio Stages is anticipated to be recorded following month. This may possibly be the biggest IPO in the country's history. Dependence has designated a consortium of 19 banks to oversee this process.   Mukesh Ambani, Chairman of Dependence Businesses, has dropped a major indicate with respect to the exceedingly expected IPO of Jio Stages. Depicting it as a "definitive breakthrough," Ambani signaled that the company is quickly progressing in its arrangements for what is balanced to be India's largest-ever IPO. Talking amid the company's profit discharge, Ambani expressed, "I am satisfied to share that we are making...

The wealth of the world's richest man Jeff Bezos surpassed $ 200 billion

  The economic situation around the world is bad during Corona's time, but the American stock markets have steadily increased the personal wealth of the world's top rich people. The net worth of Amazon founder Jeff Bezos, the world's richest man, crossed $ 200 billion on August 26, 2020.   In fact, on August 26, 2020, the company's shares reached record levels, which increased the net worth. Meanwhile, Elon Musk also joined the $ 100 billion club. Tesla Inc. shares rose Wednesday to $ 101 billion in net worth, according to the Bloomberg Billionaires Index. Musk's assets grew by $ 73.6 billion this year while Bezos' wealth grew by $ 87.1 billion. Facebook Inc.'s Mark Zuckerberg's net worth crossed $ 100 billion this month. On Wednesday alone, it increased by $ 8.5 billion.   Bezos' ex-wife MacKenzie Scott has also, come close to becoming the world's richest woman in the US stock markets. Increasingly in the stock markets, apart from only A...

Wine at your door | After Amazon, Flipkart will also sell alcohol, will be able to order from home

  After Amazon, the e-commerce platform, Flipkart is also going to enter the alcohol business. Flipkart has partnered with startup Diageo to deliver liquor to two cities in India (West Bengal and Odisha). According to Reuters, the agreement states that Flipkart customers will be able to order their favourite alcohol. The hip bar will then pick it up from retail outlets and then deliver. Diageo holds a 26 per cent stake in the hip bar.   According to the IWSR drinks market analysis, Flipkart and Amazon's interest in delivering liquor in West Bengal is a bold move to make inroads into the $ 27.2 billion alcohol market. The state governments of West Bengal and Odisha have said that Flipkart may be associated as a technical service provider of the Indian alcohol home delivery mobile application Diageo-supported hip bar. It is to be noted that West Bengal is the fourth most populous state in India with a population of 9 crores, while Odisha has a population of over 4.1 crores. In s...