Amazon, along with private equity firm Samara Capital, will acquire Indian supermarket chain More for an undisclosed sum. According to DealStreetAsia, a source said the transaction was valued at around ₹4,200 crore (more than $583 million USD). The acquisition of More’s parent company, Aditya Birla Group,...
Amazon is forecast to reach the number three spot among sellers of digital ads in the U.S. this year, according to market research firm eMarketer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon.com announced Wednesday (September 19) that it launched in Turkey, enabling consumers in the country to shop from millions of products over the internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
eCommerce giant Amazon is looking into allegations that employees are offering merchants internal data and confidential information that can help them boost sales, reported The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Amazon.com Inc. is reportedly gearing up to launch a new store later Monday (September 17) where consumers can shop the U.S. small and medium sized businesses that sell on the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amazon.com’s head Jeff Bezos said Thursday (September 13) during an interview at the Economic Club in Washington D.C. that the world will know shortly the location of its second headquarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Thanks in large part to Amazon‘s global reach, the world is getting more connected and seemingly smaller with Souq, an online retail and marketplace website in Saudi Arabia, which announced the launch of the Amazon Global Store. Get the Full Story Complete the form to unlock...
A new study by Deutsche Bank has found that 85 percent of insured Amazon Prime members would buy prescription drugs from the eCommerce giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Amazon’s Prime subscription business is expected to more than double in the next 10 years, hitting 275 million subscribers in the U.S. alone, according to estimates by Citigroup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
