As Amazon seeks to take on Flipkart in India, the eCommerce retailer is looking to offer more private label products. The news comes as Flipkart has also sought to focus on its own house brands, Livemint reported. Get the Full Story Complete the form to unlock this...
Amazon is reportedly engaged in a round of layoffs after combining Amazon Prime Now and AmazonFresh. According to a report in Yahoo! Finance, the layoffs are taking place in the company’s Seattle, Washington headquarters. Get the Full Story Complete the form to unlock this article...
Amazon is partnering with Bank of America Merrill Lynch to expand its lending program for small businesses. 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...
Amazon is reportedly working on its own artificial intelligence (AI)-enabled chip to interface with Alexa, its voice-activated digital assistant, according to a Monday (Feb. 12) report by technology news source Engadget. The chip would work on all Alexa-powered devices, including the company’s Echo line of...
Amazon is reducing its headcount at its corporate office in Seattle, with the eCommerce giant reportedly laying off several hundred employees in what is seen as a rare move by the company. Get the Full Story Complete the form to unlock this article and enjoy...
As Amazon gears up to compete with rivals in Brazil, the eCommerce retailer is reportedly seeking to lease a 50,000-square-meter warehouse near São Paulo. The potential investment indicates that Amazon may soon distribute electronics and other goods sold on its Brazilian website, Reuters reported. Get...
In Amazon’s Echo Look’s first partnership with a publication, Condé Nast’s Vogue and GQ magazines have teamed up with Amazon to provide fashion recommendations in the device’s companion app. The feature will launch on Feb. 19, TechCrunch reported. Get the Full Story Complete the form...
Prime members within range of a Whole Foods have a new grocery option coming to their lives soon: Amazon has announced that it will begin delivering Whole Food groceries via its Prime Now service in select U.S. cities. Amazon also noted that the program will...
JPMorgan’s Chief Executive had to hit the phones to ease investment banking clients’ worries over the bank’s recent healthcare partnership with Amazon and Berkshire Hathaway. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
