Amazon

Amazon
Amazon’s Budding Grubhub Partnership Could Grow to 15% Stake
August 03, 2022

Grubhub’s Amazon bet appears to be paying off. Last month, Grubhub’s parent, Just Eat Takeaway, announced that it had an agreement with Amazon that lets the retailer’s U.S. Amazon Prime customers order from Grubhub without a fee for a year to boost new customers. In...

Amazon
Amazon Seller Wallet Launches With Bank Transfers
July 25, 2022

Starting with “a select number of small businesses that sell on Amazon.com” the eCommerce giant is piloting a financial tool designed to help sellers convert, manage and disburse funds from their seller accounts more easily — and better facilitate cross-border commerce. The company will roll...

Amazon
Amazon to Buy One Medical for $3.9B to Expand Healthcare Offerings
July 21, 2022

Retail behemoth Amazon is expanding its healthcare offerings with the acquisition of tech-powered primary care provider One Medical, according to the company Thursday (July 21). Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at about $3.9 billion, including One Medical’s...

Amazon
Amazon Files Lawsuit Against 10K Facebook Groups Over Fake Reviews
July 19, 2022

Amazon filed a lawsuit against more than 10,000 Facebook group administrators for allegedly brokering fake reviews, including one called “Amazon Product Review,” which had more than 43,000 members.  “Today’s legal action is the latest step by Amazon aimed at stopping fraudsters who attempt to post...

Amazon
Amazon Fresh UK Price Matches Tesco
July 18, 2022

Amazon’s U.K. grocery business will match prices on hundreds of everyday items to those offered by rival Tesco, the country’s largest supermarket chain. According to a Bloomberg report Sunday (July 17), produce, meat and fish are among the categories that Amazon will price match. The...

Amazon
Amazon Plans to Add Over 4,000 UK Jobs Despite Global Slowdown
July 15, 2022

Amazon will be one of the 10 largest private sector employers in the U.K. when it adds more than 4,000 new permanent roles across the region by the end of this year, putting its total headcount in the area at about 75,000, according to a...

Amazon
Amazon Could Kill Private Label Unit Accounting for 1% of Sales
July 15, 2022

Amazon could be getting out of the private label business, which only account for about 1% of its retail sales, and has been reducing the number of products it sells under its own labels. The eCommerce and technology giant is considering the move partly because...

Amazon
Amazon Delivers Biggest Prime Day Event Ever
July 14, 2022

Proclaiming “this year’s event the biggest Prime Day event in Amazon’s history,” Amazon said the first of this year’s two Prime Day events saw over 300 million items sold worldwide, and Prime members saved more than $1.7 billion in the two-day sales frenzy. Whether it’s...

Amazon
Amazon Pitches Deal to Remedy EU Antitrust Charges While Watchdog Seeks Feedback
July 14, 2022

Hoping to settle two European Union (EU) antitrust probes, Amazon offered concessions on Thursday (July 14), including fair treatment to third-party sellers and banning the use of nonpublic data to compete with the merchants on its eCommerce site. The European Commission (EC), the 27-nation bloc’s...