Amazon deploys cutting edge tech to empower India’s farmers, to hire 8,000 employees to support growth

INDIA – Seattle headquartered e-commerce giant Amazon.com Inc., is investing in the modernization of India’s outmoded agricultural sector in an effort to improve yields and woo farmers into its platform.   Amazon has already begun offering real-time advice and information through a dedicated mobile app to help farmers make decisions on crops and even deploy machine learning technology.   The program — which Amazon dubs Reactive and Proactive Crop plans — promises to provide growers with cutting-edge technology and insights.  Farmers enrolled in the app have access to alerts and addresses on soil, pests, weather,…

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Amazon replaces Souq.com in Egypt with launch of own domain

EGYPT – Amazon, a global online shopping platform, has officially launched in Egypt by availing a new website Amazon.eg to replace Souq.com in the local market. The launch comes a month after the online shopping titan had announced its intention to have a presence in the North African country. It clarified that the platform will feature millions of items from local and international brands across a range of categories including grocery, home and kitchen, devises among many others. In 2017, the global marketplace site bought the Middle Eastern retailer Souq.com…

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E-commerce website Amazon set to launch in Egypt in 2021

EGYPT – American multinational technology company and e-commerce giant, Amazon, has revealed its intention to launch its Egypt website this year, to give entrepreneurs, business owners, and local sellers the opportunity to reach a larger number of customers nationwide. The company said the registration for local sellers would take place through the Amazon Seller Partner Center, a tool dedicated to managing their businesses. Amazon clarified that sales partners previously registered on Amazon’s Souq.com affiliate can access their accounts through the Amazon Seller Center. They will also be able to verify…

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7 food companies featured in Times 100 most influential companies

US – 7 food companies have been featured in TIME100 Most Influential Companies, a new list—and an expansion of Time Magazine’s iconic TIME100 franchise—that highlights businesses making an extraordinary impact around the world. In developing the list, TIME says it solicited nominations across sectors including health care, entertainment, transportation, technology and more from its global network of editors and correspondents, as well as from industry experts. The magazine then evaluated each one on key factors, including relevance, impact, innovation, leadership, ambition and success. Oatly, Beyon Meat, Tilray- food pioneers Oatly,…

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Amazon introduces Aplenty private label line, opens third UK grocery store

US  –  American multinational technology company and e-commerce giant, Amazon has introduced its own private label line known  as Aplenty featuring a number of products including crackers, condiments, grahams, cookies and pita chips. The e-commerce giant says that it’s new line have been formulated with clean label in mind and does not contain artificial flavors, synthetic colors or high-fructose corn syrup. The cracker varieties are available in white cheddar, cheese pizza, sweet cream butter and sriracha flavors. A second variety of flatbread crackers are available in everything, olive and sea…

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Amazon says altering India’s e-commerce investment rules could erode investor confidence, hurt small businesses

INDIA –  E-commerce retail giant Amazon has called on the Indian government not to alter e-commerce investment rules as such a move could dent investor confidence in the sector and potentially have devastating consequences on suppliers and small businesses. Amazon calls come against a backdrop of disquiet among Indian retailers that foreign e-commerce giants like Amazon and Walmart backed flipkart were creating complex structures to bypass federal foreign investment rules and damage small traders. Both Flipkart and Amazon have denied any wrongdoing and say they are helping small businesses in…

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India targets Amazon, Walmart with new Ecommerce laws as Tata seeks CCI approval to acquire BigBasket

INDIA – India is targeting Amazon and Walmart with new laws that seek to clip their influence on India’s US$1 trillion retail market in an effort to protect and promote the growth of local startups. According to a report by Bloomberg, the new policy seeks to prescribe a code of conduct for online retailers and define the cross-border flow of user data and may raise costs and stymie expansion plans of these multinational retail behemoths. The new laws are seen as a reaction to complaints from India’s small retailers- which…

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Amazon to open its first-ever physical store outside the United States in Britain

UK – American e-commerce giant Amazon.com will open a cashier-less store dubbed “Amazon Fresh” in Britain that will allow consumers to skip the checkout line when they buy groceries from the store. Located in Britain, in the London Borough of Ealing, the establishment will be the first-ever physical store outside the United States. According to a report by Reuters, the opening is a sign of the Seattle-based company’s ambition to sell food globally. It is also testimony to the company’s belief that physical stores are a key way to capture…

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Meat processor JBS to monitor its supply chain by 2025 over claims of Amazon deforestation

BRAZIL – JBS, the world’s largest meat processing company, has announced that it will monitor its entire supply chain by 2025, to ensure the traceability of the tens of thousands of cattle it processes every day in Brazil, following intense pressure from both investors and activists over its environmental record. JBS has long faced criticism from non-governmental organisations for not doing enough to ensure that cattle coming from indirect suppliers, ranchers that provide animals to JBS’s direct suppliers, are not being raised on illegally deforested Amazonian lands. In July Nordea…

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Amazon set to open tech-enable grocery stores with smart devices, Alexa guides in USA

USA – Global retail and e-commerce giant, Amazon has announced it is set to open a supermarket with high tech shopping carts that allow customers to skip checkout lines. The first of the new tech-enable stores will be located in the Woodland Hills neighbourhood of Los Angeles. It will be the first store to open out of seven confirmed cites in southern California and greater Chicago, reports Foodbev. “We’re announcing our first Amazon Fresh grocery store. It’s a new grocery store designed to offer a seamless shopping experience whether customers are shopping in-store or online,”…

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