| Huawei watch GT 2 is available for pre-booking from tomorrow in all online and offline platforms
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| Huawei Consumer Business Group, India, today announced exciting offers on its recently launched smartwatch - the all-new Huawei watch GT2 which promises #OneCharge2weeks.Dubbed as "your personal full-time fitness trainer", the watch GT 2 comes equipped with Huawei's proprietary Kirin A1 chipset, the world's first chipset for wearables that aligns with Huawei's commitment towards manifesting "A seamless AI life".Offline & Online: The watch will be available across major e-commerce platforms such as Flipkart and Amazon and other leading retail chains like Croma. As a part of the pre-sale activity, customers who book the watch from 12 AM onwards, between December 12th and 18th, 2019, stand a chance to bag a Huawei Freelance worth Rs 6999, for free. All they need to do is to make the full payment for the watch at the time of booking.The first sale of the watch GT 2 will commence from 12 AM on December 19th and go on till the 31st of December. Under this sale, customers will get a ...
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| Walmart, Flipkart invest in Bengaluru-based Ninjacart
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| US retail giant Walmart and Flipkart on Wednesday said they will jointly invest in Bengaluru-based business-to-business (B2B) supply chain company, Ninjacart. The three partners aim to help ensure better access to high-quality fresh produce for retailers and consumers across India while also creating economic opportunities for farmers, a statement said. The company however did not disclose the financial details of the transaction. "Partnering with Ninjacart will help Walmart and Flipkart strengthen direct sourcing of fresh produce for Walmart India's Best Price B2B cash-and-carry stores and Flipkart's online grocery business Supermart," it added. The investment will also support Ninjacart to expand its customer base, reach new cities and gain exposure to global best practice to enhance the efficiency of the local fresh produce ecosystem, the statement added. Ninjacart was founded by Thirukumaran Nagarajan, Kartheeswaran K K, Ashutosh Vikram, Sharath Loganathan and Vasudevan ...
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| Saudi Aramco shares to begin trading after world's biggest IPO
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| Saudi Aramco's shares begin trading domestically on Wednesday, after the energy behemoth raised USD 25.6 billion in the world's biggest initial public offering. Aramco has priced its IPO at 32 riyals (USD 8.53) per share, the high end of the target range, surpassing the USD 25 billion raised by Chinese retail giant Alibaba in its 2014 Wall Street debut. The sale of 1.5 per cent of the firm, or three billion shares, is the bedrock of de facto ruler Crown Prince Mohammed bin Salman's ambitious strategy to overhaul the oil-reliant economy. Riyadh's Tadawul stock exchange said it will hold an opening auction for Aramco shares for an hour from 9:30 (0630 GMT) followed by continuous trading, with price changes limited to plus or minus 10 percent. The company said Friday it could exercise a "greenshoe" option, selling additional shares to bring the total raised up to USD 29.4 billion. The market launch puts the oil behemoth's value at USD 1.7 trillion, far ahead of other firms in the ...
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| Amazon acquires rights to Champions League games in Germany
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| Amazon has bought the A1 package, which includes the top games on Tuesday evenings. Amazon had already tried to acquire sports rights in Germany over the last 18 months, mainly targeting tennis such as the ATP Tour and Wimbledon. It holds the rights to broadcast via radio the German Bundesliga, in a deal worth EUR 5 million per year, and added the Champions League radio rights in Germany in 2017-18.
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| Amazon brings Fire TV edition smart TVs to India, partners Onida
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| Amazon has partnered Onida to bring Fire TV edition smart TVs in India, a move aimed at helping the e-commerce company further strengthen its position in the booming consumer durable market in the country. The Fire TV edition smart TVs were first introduced by Amazon in 2018 in the US and Canada. Earlier this year, the company expanded the range to the UK, Germany and Austria in collaborations with Dixons Carphone, MediaMarktSaturn, and Grundig. "We have seen great momentum to the Fire TV edition smart TVs so far. India has been a very important market for our streaming product and we are seeing great uptake of it from across the country. We are confident of a similar response to the TVs also," Sandeep Gupta, Vice President (Fire TV Devices and Experiences) told PTI. He didn't comment on the targeted sales. Amazon works on a licensing model for the Fire TV smart television sets. It has partnered with Onida to roll out products in India and is open to working with other original ...
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| Retailers feeling the heat opt for advancing sales
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 Ecommerce marketplaces Amazon and Flipkart have lined up promotions this month and next to clear inventory. Discounts will be offered across a range of products, including electronics and smartphones. The trend of bringing forward winter sales from the usual time of end-December or early January started two years ago, following poor business in the preceding months.
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