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Having already invested over $6 billion in India, a key growth market, Amazon acquired a 49% stake in Future Coupons, a subsidiary of Future Retail, India's second largest retail chain after Reliance Industries. The deal would give Amazon a 3.58% stake in Future Retail through warrants owned by Future Coupons. [158]
A typical barcode system consist of some infrastructure, either wired or wireless that connects some number of mobile computers, handheld scanners, and printers to one or many databases that store and analyze the data collected by the system. At some level there must be some software to manage the system.
A cashierless store (also called a till-less store, checkout-free store or Just walk out store) is a store which allows customers to shop their products and leave without having to wait in line and pay at a checkout. Cashierless stores can currently be found in the United States, Asia, Europe, the Middle East, and Africa.
Checkout.com (with the legal name of the main entity as Checkout Ltd.) is a British multinational financial technology company that processes payments for other companies. Founded as Opus Payments in 2009, it is headquartered in London , United Kingdom . [ 1 ]
The term mobile commerce was originally coined in 1997 by Kevin Duffey at the launch of the Global Mobile Commerce Forum, to mean "the delivery of electronic commerce capabilities directly into the consumer’s hand, anywhere, via wireless technology."
A supermarket scanner moment is a political gaffe in which a politician is portrayed as out-of-touch with everyday affairs. The term derives from a 1992 New York Times report that characterized sitting U.S. President George H. W. Bush as being amazed by commonplace supermarket barcode scanner technology at a grocers' convention.
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