| Senrysa Tech focuses on e-commerce services in small towns,
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| Fintech firm Senrysa Technologies is leveraging its existing 'bank mitra' network to harness e-commerce potential in parts of the country where delivery services of existing e-tailers are not available, a company official said. The city-based company claimed it has been able to test a business model successfully with the existing network of about 5,000 'bank mitras' across the eastern region. "Bank mitras are not only helping the company to execute banking services but are also facilitating e-commerce transactions," Senrysa Technologies Managing Director Kumar P Saha told PTI. A 'bank mitra' works as a representative or agent of a bank to provide banking services to citizens. "People living in the Tier III and IV cities and small towns aspire to buy products through e-commerce portals but big e-tailers do not provide delivery services to many of these locations. We want to tap these customers," Saha said. In India, there are about 60,000 PIN code areas but big players in
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| Amazon is testing shouting out 'Top Brands' for shoppers as it aims to sell more clothing
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 • Amazon is testing a new badge for some of its higher profile clothing brands: "Top Brand." • Similar to the "Best Seller" and "Amazon's Choice" badges, it is designed to give buyers another reason to click in and purchase. • Amazon has been trying for years to take a bigger bite out of the apparel market • Visit Business Insider's homepage for more stories. Amazon wants it customers to buy more clothes. The retail giant is testing a new badge for some of its higher-profile clothing brands on its website: "Top Brands." Brands like Fruit of the Loom, Under Armour, and New Balance now have some of their apparel marked with the new badge. Search for "running shoes" for example, and the results that come up form New Balance will be labeled with the new badge. Search "t-shirt," and some options from Under Armour may come up labeled "Top Brand." The new badge was first spotted by Juozas Kaziukėnas, founder of Marketplace Pulse. The testing was confirmed to Bloomberg by an Amazon spokesperson, who said it was ...
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| Douyu in billion-dollar race to become China's Amazon Twitch
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 Twitch, acquired by Amazon for nearly $1 billion in 2014, is the dominant game-streaming platform in the U.S. Yet its absence from China — due to a government ban — has given local startups a chance to fight for the world's largest gaming market.
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| 'Amazon is not their friend': Amazon sellers are organizing against the retail giant as the FTC and DOJ continues their anti-trust probe (AMZN)
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| • Amazon is getting investigated by the DOJ and FTC for anti-trust violations. • Third-party sellers, some of which generate millions in sales every year, are gearing up to complain to the governmental bodies about why Amazon is competing against them too — and destroying their businesses. • Amazon's third-party platform is worth some $307 billion, according to a Morgan Stanley report. • Visit Business Insider's homepage for more stories. Third-party sellers quietly power Amazon's retail dominance. According to a recent analyst note from Morgan Stanley, Amazon's third-party business is worth $307 billion of the company's $1.1 trillion enterprise value, comprising 58% of all merchandise sales. Meanwhile, the first-party platform is worth $93 billion. Amazon founder Jeff Bezos raved about third-party sellers, which he described as mostly small- and medium-sized businesses, in his 2018 letter to the shareholders. From 1999 to 2018, these sellers had a compound annual growth rate of 52%. On eBay, those same ...
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