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Amazon Announces to Fund Employees For Their Delivery Start-ups

Amazon has been trying to gear up an independent delivery service to handle packages now going to companies like FedEx as well as the Postal Service

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The Amazon warehouse in San Fernando de Henares is seen during a 3-day walkout to demand better wages and working conditions, on the outskirts of Madrid, Spain. VOA

In an attempt to help its US-based employees quit their jobs and establish their own businesses, Amazon has announced to fund employees with up to $10,000 for their delivery start-ups along with three months of existing salaries.

In June 2018, the company announced that it is encouraging its employees to apply to start their own small businesses, delivering Prime packages in Amazon-branded vans and uniforms.

The company said that although thousands of employees expressed interest in the programme, most of them said they could not afford the start-up money they needed to get the businesses off the ground.

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Security guards stand at the reception desk of the Amazon India office in Bengaluru, India, Aug. 14, 2015. VOA

“We received overwhelming interest from tens of thousands of individuals who applied to be part of the ‘Delivery Service Partner’ programme, including many employees. We’ve heard from associates that they want to participate in the programme but struggled with the transition,” CNN quoted Dave Clark, Senior Vice President of worldwide operations at Amazon, as saying on Monday.

According to the company, ever since it started the delivery service, there have been more than 200 independent contractors who signed up to handle the deliveries. Between them, they have hired thousands of local drivers to deliver the packages.

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The e-commerce giant recently announced implementing its one-day Prime delivery decision, which was traditionally a two-day window. In 2019, the company plans to add hundreds more delivery contractors, including the former employees who take up the offer, the report added.

Amazon has been trying to gear up an independent delivery service to handle packages now going to companies like FedEx as well as the Postal Service. (IANS)

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Amazon To Empower SMBs in India By Exporting Products Worth $10bn

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually

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Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders. VOA

$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday.

Bezos announced that the e-commerce major, through its global footprint, will help SMBs export products worth $10 billion by 2025. This move is seen as a measure to calm the growing unrest and protests going on under the aegis of the Confederation of All India Traders (CAIT).

“Amazon wants to make sure that the current perception of the company among the small businesses go away, else this will further call for strict scrutiny from the regulators and protests from small traders,” Satish Meena, Senior Forecast Analyst with Forrester, told IANS.

Over the next five years, Amazon will invest $1 billion to digitise micro and small businesses in cities, towns and villages across India, helping them reach more customers than ever before, announced Bezos.

According to Meena, this is in line with what Amazon is planning to do in India for the next few years.

“They need partnerships with SMBs for products to cater not only to the Indian customers, but also to customers outside the country,” he said. Amazon said it would establish ‘Digital Haats’ in 100 cities and villages to help businesses integrate into the digital economy.

According to Prabhu Ram, Head, Industry Intelligence Group (IIG), CMR, SMBs in India account for 45 per cent of industrial output, creating employment for 60 million Indians and roughly 1.3 million jobs annually. “The SMBs, however, are constrained by multiple challenges, including access to skills, talent, finance, and most importantly, digital outreach,” Ram told IANS.

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$1 billion commitment by Amazon to empower small and medium businesses (SMBs) in India is Jeff Bezos’ attempt to change the e-commerce giant’s perception among small businesses which are in a retaliatory mode, industry experts said on Wednesday. Pixabay

“This is where SMB-centric initiatives, such as Amazon’s commitment, are a welcome initiative to digitally support SMBs, enabling them to gain knowledge, reach their target audience, achieve scale, and while doing so, be able to measure their growth metrics,” Ram said.

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In the end, added Meena, SMBs in India also need handholding in product development, capital investment and access to market. (IANS)