Monday, March 24, 2025

Amazon India to scrap referral fees on 1.2 crore products under Rs 300

Amazon's move, the largest seller fee reduction till date, will be applicable across more than 135 product categories including apparel, shoes, jewellery, grocery, home décor, beauty, toys, and kitchen products. Currently, referral fees – a commission sellers pay Amazon on each sale – range from 2% to 16% in these categories.

from Tech-Economic Times https://ift.tt/SdtQemZ

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...