Amazon intends to invest $26 billion in India by 2030 amid increasing competition with Walmart. As Reuters reported Saturday (June 24), the company made that announcement after CEO Andy Jassy met...
Amazon’s results showed slowing eCommerce growth, but the firm logged double-digit gains in third-party seller services as it continues to build out its ecosystem. As...
Earnings season begins anew. Along with the deluge of reports, conference calls and Securities and Exchange Commission filings, there’s the opportunity to glean insight into...
Amazon’s chief executive says the company is committed to reviving its struggling physical grocery business. “We’re just still in the early stages,” Andy Jassy told...
Nineteen months and $1 trillion of lost market value later and Amazon CEO Andy Jassy is fast approaching a second anniversary and a reckoning. This, as talk...
After closing the books on a better-than-expected fourth quarter but a harder-than-expected year, Amazon CEO Andy Jassy stressed that more work needed to be done...
Amazon is making its first move into the crypto industry. And the eCommerce giant is targeting non-fungible tokens (NFTs), not cryptocurrency. That’s per a Blockworks...
When Walmart’s new CFO spoke to investors last month, his message was simple: We’re built differently than the rest of the retail industry. “Our purpose...
The Fed, the largest grocer and now Amazon all offered hope on consumers and inflation. The trio of comments this week come in the wake...