RedSeer Consulting has forecast that online platforms are expected to potentially clock over USD 9 billion gross GMV (Gross Merchandise Value) during the entire festive season this year as against USD 7.4 billion last year - a growth of 23 per cent. Interestingly, more than one lakh customers purchased gardening products like plant pots, gardening tools, soil supplements and more from Amazon for the first time during the sale.Į-commerce platforms, including social commerce and grocery, garnered about $2.7 billion in sales in the first four days of the festive sale (October 2-5) and are on track to achieve the $4.8 billion gross GMV mark, according to consulting firm RedSeer. He added that the company remains committed to helping customers find everything they need on Amazon.in, with a wide variety of selection across categories, top brands, and fast delivery. We also witnessed great participation from over 360,000 MSME buyers on Amazon Business this festive season," Amazon India Vice President Manish Tiwary said. "We are truly humbled to see how this festive season has brought joy to lakhs of sellers on Amazon.in with many becoming lakhpatis and crorepatis. 7: Adds comments from Amazon executive.The data pertains to trends seen in the month of October during the festive sale. "If there's a screen for entertainment," Gupta said, "we should be on it." Future 5G connections would improve this service even more, Gupta said. Those screens can be controlled via voice with Alexa or touch, with videos available through a vehicle's Wi-Fi or LTE connection.
AMAZON ACTIVE USERS SOFTWARE
He added that Amazon is currently focused on providing software and services to more TV makers and not on building an Amazon TV, adding: "We're not a TV manufacturer."Ī new area for the Fire TV platform is automotive, with Amazon announcing at CES that it's teaming up with BMW and Fiat Chrysler to bring Fire TV-enabled rear-seat TV sets to those carmakers' vehicles. "Because if you do it, and it's wrong, it's worse than not doing it at all." "It's complicated because you've got to get it right," Gupta said about personalization. The company plans to do that by tracking what's trending online and what other shows a viewer is watching. Sandeep Gupta, vice president of Fire TV development, told CNET at CES on Tuesday that this year Amazon plans to do more with personalization on its Fire TV platform. Last month, researcher Parks Associates said 71% of US households that have a broadband connection to the internet also have at least one product to stream video to TVs, such as a smart TV or a device like Fire TV or Roku. That's spurred even more demand for devices to watch big-budget TV programming on the biggest screen in the house. These so-called streaming wars have seen Apple and Disney both launch services to compete with Netflix, with offerings from HBO-owner WarnerMedia and NBCUniversal to come in the first half of 2020. The market for video streaming devices has exploded alongside a storm of new streaming services from tech and media giants, many of which are being showcased at CES 2020 this week. Roku declined to comment, other than to note that Roku devices are in 20 countries while Amazon Fire TV is in more than 100. CNET's 20 favorite products of CES 2020Īmazon said it measures active users by the number of user accounts streaming to Fire TV devices in one month.
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