Palo Alto, CA-based business intelligence and big data analytics platform ThoughtSpot expanded its engineering operations by establishing an India Engineering Center in Bangalore. This research and development hub is ThoughtSpot’s first in the Asia Pacific region and third globally, complementing offices in Seattle, Washington and its Silicon Valley headquarters. The Center will accelerate the development...
Amazon Attributes Success in India to 'Glocalization'
In India since June 2013, Amazon took nearly three years to reach a seller base of 100,000. However, within twenty months, this base increased three-fold. Amazon’s strategy in India is 'Glocal'– the ability to think globally but act locally – adopting global principles of selection, pricing and convenience, while creating...
In India, Starbucks Localizes, Aims to Enter Tier-II Cities
Tata Starbucks Private Ltd., the equal joint venture between Seattle, Washington-based Starbucks Coffee Company and India's Tata Global Beverages Ltd., will focus on regional culinary innovations and expanding its market to tier-II cities of India. Since starting operations in the Indian market in October 2012, it has a total of...
Amazon India's Revenue Growth Over 105% in 2017
Amazon India reported over 105 percent growth in revenue in Fiscal Year 2017. Per filings with the Registrar of Companies, Amazon Seller Services posted a 41% increase in earnings to $485.4 million for the year ending March 31, 2017. Amazon Seller Services currently earns through commissions, advertisements and shipping fees....
Boeing to Set Up Engineering and Technology Facility in India
Seattle-based commercial aircraft maker Boeing will invest $170 million to set up a new facility for engineering and technology which will manufacture and assemble electronics /avionics in Bangalore, India. The Karnataka state government gave permission for the project which will be set up on about 36 acres of state-owned land...
Amazon's India Innovations Adopted Globally
Seattle-based Amazon's innovations in India are being adopted by its teams from across the globe including its U.S. and European e-commerce arms, Terry Hanold, vice president of Amazon's international consumer technology, said. The Times of India reports that a successful innovation, called "seller flex," allows a seller to make their...