Amazon has held preliminary talks with generic drug makers about the company’s potential entry into the pharmacy space. According to news from CNBC, sources familiar with the matter said the conversations, including with generics giants Mylan and Sandoz, a unit of Novartis, have been high-level. Healthcare...
Amazon has announced news that it is investing in Shoppers Stop, Ltd., an Indian retail firm looking to boost revenue and increase its store count by 25 percent. In exchange, Amazon gets to broaden its in-nation reach to smaller Indian towns as it attempts to influence commerce...
Calls to mergers and acquisitions bankers have seen a significant boost this summer, with retailers requesting that they put out feelers to Amazon in the hopes that they might be the next acquisition for the online retail giant. The Financial Times reported news that investors, analysts...
What’s a good way to deflate some heady stock gains? Have Amazon come gunning to eat your lunch. Seeking Alpha reported that Live Nation shares jumped 12.5 percent Thursday during the day on strong earnings, but then the advance turned into a rout of sorts,...
April showers bring May flowers, but the springtime bloom has come early for Amazon. And more than ever traders are eyeing the $1,000-per-share milestone for this year. Amazon stock (AMZN) saw its share of growth in the first few months of 2017, but the past...
The eCommerce company is reportedly seeking approval from India’s Trade Ministry to invest about $500 million in a grocery venture within the country. According to MarketWatch, Amazon is looking to sell groceries directly to consumers in India from its online platform. Two government officials confirmed...
Amazon isn’t giving up hope to one day be the top eCommerce player in India. The Wall Street Journal reported that Amazon’s founder Jeff Bezos told company executives back in 2014 to “do what it takes to succeed” and not to worry about the cost...
Ecobee, the maker of a smart thermostat, has completed a $35 million round of funding, which included an investment from Amazon’s Alexa Fund. Amazon’s Alexa Fund is joining with Thomvest and Relay Ventures to invest in the startup that has become the first smart thermostat...
In the immediate aftermath of the Brexit vote, there was widespread concern that big multinationals, like Amazon.com, were going to suddenly find England to be a much less compelling place to do business. Particularly prevalent were concerns that a planned distribution center would have to...
