Tag: Amazon’s

Alibaba cloud to open its first data centre in India by early 2018

Alibaba Cloud, the cloud computing arm of Chinese e-Commerce company Alibaba Group, has announced that it will open its first data center, in India by early 2018. Revenue from Alibaba’s cloud business is growing at twice the rate of its core e-Commerce. Sure, growth has been slowing and there are…

Flipkart, Amazon & Snapdeal join hands, flag concerns over GST

In a rare sight, top bosses of country’s major e-commerce players – Flipkart, Amazon and Snapdeal shared dais to raise their concerns over the draft Model GST Law. The draft proposes a clause called ‘Tax Collection at Source’ (TCS – Section 56). Under this, e-commerce marketplaces will have to de…