Shares of Rackspace Technology Inc. (Nasdaq: RXT) were up almost 12 percent as of 11:56 a.m. EST Monday (Aug. 17) following a Reuters report indicating that Amazon (Nasdaq: AMAZ) may buy a stake in the company. Get the Full Story Complete the form to unlock...
Amazon is facing an investigation by Germany’s national competition regulator over the eCommerce giant’s relationship with third-party sellers, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Competition Bureau of the Canadian government is probing Amazon to determine if its behavior on Amazon.ca is affecting competition “to the detriment of consumers and companies that do business in Canada,” according to a Friday (Aug. 14) statement. Get the Full Story Complete the...
Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Despite a 40 percent increase in revenue in the second quarter, Amazon has cut more than 1,200 delivery contract jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amazon has won a major victory in its push into the booming food delivery business, with the United Kingdom’s top competition watchdog giving a green light to the tech giant’s purchase of a minority stake in Deliveroo. Get the Full Story Complete the form to...
New York Attorney General Letitia James is joining in on the investigations into Amazon‘s market power, according to CNet. 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...
Amazon Inc. is planning to expand Amazon Fresh, its grocery delivery service, to millions of members in the United Kingdom (U.K.) by year’s end, the company announced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Amazon is launching a revamped Alexa app that will now include a customized homescreen based on what each individual user does the most on the app, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...