According to reports out this morning, Amazon.com has lent over a $1 billion in loans to its marketplace sellers over the last year — slightly less than the $1.5 billion it lent during the 4 years between 2011 and 2015. Funds lent to merchants from Amazon are...
Amazon already has a hold on high-income shoppers in the U.S., but the online retailer now wants to attract lower-income customers to the site with a 45 percent discount on Prime memberships. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon doesn’t want to be left out of the smartphone market and as a result is reportedly working on a new Android mobile phone lineup under the codename Ice. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon, the world’s largest online retailer, is “actively looking” for a warehouse to start operations in Australia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Amazon has officially launched an app that enables users to use their remote to browse products on its Fire TV. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amazon is on its way to dominating the Internet of Things (IoT) space, as the Echo series continues to win over tech-savvy households and consumers who are diehard fans of the company’s services. Get the Full Story Complete the form to unlock this article and...
Amazon announced that it will make up to $70 million in refunds to customers who were charged for unauthorized in-app purchases made by a child. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon has cancelled its QVC-like home shopping experience show, Style Code Live. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
In the annals of investing, only a few companies get to cross stock price levels that are headline-inducing and psychologically pleasing (investors long for those companies). Amazon joined that club, intraday on Tuesday (May 30), when its common shares crossed $1,000 (changing hands at $1,001.20),...
