04 June 2016 Current Affairs GK: India Post on 3 June 2016 released the "My Stamp" with Amazon India to signify three years of its relationship with the e-commerce marketplace.
Usha Chandrashekar, India Post's Chief Post Master General of Karnataka Circle, handed over the stamp to e-commerce marketplace's Vice President and Country Manager Amit Agarwal.
India Post has been a valuable partner to us and we look forward to our continued association as we endeavour to transform the way India buys and sells.
E-commerce marketplace was celebrating its third anniversary in the country.
Amazon : Amazon, is an American electronic commerce and cloud computing company with headquarters in Seattle,Washington. It is the largest Internet-based retailer in the United States. Amazon.com started as an online bookstore, later diversifying to sell DVDs, Blu-rays, CDs, video.
Amazon has separate retail websites for United States, United Kingdom and Ireland, France, Canada, Germany, Italy, Spain, Netherlands, Australia, Brazil, Japan, China, India and Mexico. Amazon also offers international shipping to certain other countries for some of its products.In 2011, it professed an intention to launch its websites in Poland.
In 2015, Amazon surpassed Walmart (a brick and mortar operation) as the most valuable retailer in the United States by market capitalization.
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