Amazon is upping the ante in its bid to thwart the $3.4 billion acquisition of Future Retail by the U.S. tech company’s major Indian eCommerce rival, Reliance Industries, owned by Mukesh Ambani, the richest man in Asia. Get the Full Story Complete the form to unlock...
Formal antitrust charges against Amazon will be announced by EU competition commissioner Margrethe Vestager over how the eCommerce giant handles data from the merchants on its platform, according to a Financial Times (FT) report citing sources. Get the Full Story Complete the form to unlock...
The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters on Monday (Nov. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Amazon is suspending advertising related to pre-Black Friday campaigns in France after coming under fire from at least one government official who said it was unfair for the online giant to flex its digital retail muscle just as a new pandemic shutdown forces small shops...
Amazon, which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries, has asked India’s top securities regulator to block the deal, Reuters reported. Get the Full Story Complete the form to unlock this...
Amazon is officially taking the wraps off its new, automated inventory ordering system for small businesses, known as Dash Smart Shelf. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Amazon is advancing its presence in Sweden with a new eCommerce site and a clean energy grid to support the tech giant’s data centers, according to company statement on Wednesday (Oct. 28). Get the Full Story Complete the form to unlock this article and enjoy...
Amazon reports earnings on Thursday (Oct. 29) and it has an impossible act to follow. With its Q2 earnings reaping every benefit of the pandemic-driven digital-first economy, it set a new standard for exploding past earnings estimates with revenue up 40 percent to $88.9 billion....
Amazon is rolling out free, one-hour grocery pickup at Whole Foods across the U.S. for Prime members, Amazon said in a statement on Wednesday (Oct. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
