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Amazon heavily dependent on Diwali sale for revenue

Not only do Indians eagerly await Diwali but so does Amazon it seems. The largest online retailer across the world has published a mixed result for the third quarter. While its revenue fell short of Wall Street expectation, it posted a record profit.

iWorld e-commerce
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Amazon Q3 results fall short of Wall Street expectations

E-commerce giant Amazon could not beat Wall Street expectation with its revenue and fourth quarter guidance in its third quarter earnings despite turning in a record profit. The company has reported a $2.9 billion profit for the three months ending in September topping $1 billion for the fourth...

iWorld e-commerce
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AMAZON PRIME VIDEO PRESENTS THE MARVELOUS MRS. MAISEL SEASON 2 TRAILER

After Midge’s triumph at the Gaslight, the fallout from her takedown of Sophie Lennon looms large

iWorld Over The Top Services
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Netflix makes up 15% of total downstream traffic on global internet

The world’s largest over-the-top (OTT) player, Netflix, makes up 15 per cent of the total downstream volume of traffic across the entire internet, according to The Global Internet Phenomena reports by Sandvine released in October 2018.

iWorld Over The Top Services
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BSNL strikes deal with Amazon for free Prime membership for post-paid, broadband customers

State-owned Bharat Sanchar Nigam Limited (BSNL) has tied up with e-commerce major Amazon to offer free Prime membership to select post-paid and broadband customers.

iWorld Broadband

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