Retail companies in the United States (US) are using promotions to boost sales during the weak shopping season. Amazon.com’s Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other US retail
The formal investigation opens a new chapter in the European Union's campaign to address the dominance of US tech firms with Google, Facebook and Apple also regular targets of regulators in Brussels.
Britain’s competition regulator has stepped in to pause Amazon’s investment in online food delivery group Deliveroo while it considers launching a full investigation.
PAYFORT, an Amazon company, announced a partnership agreement with the Gov-ernment of Ajman, aimed at enhancing and extending the payment options currently offered by the emirate’s unified smart payment gateway, AjmanPay.
Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace
E-commerce giant Amazon and French retailer Casino are expanding their partnership, with Amazon installing pick-up lockers in Casino stores and more of the French company’s products to be available on Amazon. The move, which follows an initial co-operation between Casino’s upmarket
Amazon.com is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. The company started adding technology to a handful of warehouses in recent years, which scans goods coming down a conveyor belt and envelopes them seconds later in boxes
US retail giant Amazon has moved past hi-tech titans Apple and Google to become the world’s most valuable brand, a key survey showed on Tuesday.
Warren Buffett said Berkshire Hathaway has bought shares of Internet retailing giant Amazon.com for the first time, though he has not been the one doing the buying, CNBC reported. Buffett said the purchase was made by one of his investment managers, Todd Combs or Ted Weschler,
Amazon founder Jeff Bezos and his wife, MacKenzie, finalised the biggest divorce settlement in history on Thursday, leaving him with 75 per cent of their stock in the tech giant and giving her nearly $36 billion in shares.