Amazon’s stock is up about 5% on Monday (June 6), the first day of the 20-for-1 split announced by the retail behemoth in March, but shares are still trading at about 25% less than they were at the start of the year. Get the Full...
Amazon has launched Road to Ownership, a 16-week training and development program to help drivers and team members of Amazon Delivery Service Partners (DSPs) someday open their own delivery businesses, according to a company announcement published Friday (June 3). Get the Full Story Complete the...
Dave Clark, CEO of Amazon’s Worldwide Consumer operation, is stepping down from the company after 23 years. 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 giving customers in Egypt access to buy now, pay later (BNPL) thanks to a consumer financing offering from valU Consumer Finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.S. Senate Budget Committee plans to hold a hearing on Amazon’s labor practices with an appearance from a key union organizer, Christian Smalls, Reuters writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Biden administration has asked a judge to review a suit accusing Amazon of anticompetitive behavior, Bloomberg writes, to possibly bring it back after it was dismissed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Sounding a bit like the pandemic is over and done, Amazon is talking of a return to “normal” patterns, as Prime growth continues despite some slowing at the world’s largest retailer. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Amazon has reportedly been declining to describe its product-search system to an Australian competition regulator which has seen complaints of large markets giving preference to in-house wares, Reuters wrote Thursday (April 28). Get the Full Story Complete the form to unlock this article and enjoy...
Amazon is making moves to boost its relationship with sellers as rival Shopify continues to expand its presence and swoop in on the eCommerce giant’s turf, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this article...