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Amazon Inc News

12 Jan 2020

As Amazon.com flexes its muscle, Seattle moves to curb corporate political don

A six-member committee of Seattle City Council has already unanimously approved the measure, making it almost certain that the full nine-member council will pass it on Monday.

20 Sep 2017

Amazon sends accidental gift email to shoppers due to glitch

A number of recipients, however, reported on social media that they were not expecting a child.

08 Jun 2017

Amazon lent $1 billion to merchants to boost sales on its marketplace

Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.

11 Feb 2016

Amazon to buy back $5 billion of shares

The buyback replaces the $2 billion repurchase programme approved in 2010.

25 Oct 2015

Amazon continues to invest 'very heavily' in India

Global e-commerce giant Amazon continues to invest "very heavily" in the Indian market, encouraged by its strong sales numbers and expanding seller base, a top company executive has said.

20 Oct 2015

Amazon to hire 100,000 in US for holiday rush

Amazon said Tuesday it plans to hire 100,000 people in the United States for the upcoming holiday season.

24 Jul 2015

Amazon's value surpasses Wal-Mart after surprise 2Q profit

It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.

22 Jul 2015

Amazon expands local services marketplace in US cities

Amazon said on Wednesday it would expand a marketplace that offers services from plumbing to fence repairs in 15 cities and help customers find contractors for more expensive home projects as it develops its role as a middleman for third-party vendors.

09 Jul 2015

Amazon Kindle Paperwhite 2015: A hands on review

The 300 PPI screen the new Kindle Paperwhite offers significantly improves the screen resolution from the previous Paperwhite, matching it with the top-of-the-line Kindle Voyage.

30 Jun 2015

Amazon looks to offer loans to sellers in China, seven other countries

Amazon.com Inc will start a business loan programme for small sellers in the United Kingdom on Tuesday and is looking to launch it this year in seven more countries including China.

22 Jun 2015

Amazon to pay self-published authors based on pages read

It could soon pay more to write lengthier books, if you are an author self-publishing on Amazon.com Inc`s Kindle ebook platform.

17 Jun 2015

Amazon opens fulfilment centre in Punjab

Amazon Seller Services (ASSPL) Wednesday announced the opening of a fulfilment centre in Doraha on the outskirts of Ludhiana.

16 Jun 2015

Amazon considering paying people to deliver packages: WSJ

Amazon Inc is developing a mobile application that would pay ordinary people, rather than courier companies, to deliver packages en route to other destinations, the Wall Street Journal reported on Tuesday.

09 Jun 2015

Amazon India launches Global Selling Program for businesses

Retail giant Amazon has launched Global Selling Program in India, opening doors for businesses in the country to export to markets across the world.

27 May 2015

Amazon adds 6,000 US jobs to meet customer demand

US online retail giant Amazon said Wednesday it is creating more than 6,000 full-time jobs in the United States as it expands its deliveries system.

27 May 2015

Amazon hires 6,000 full-time workers for distribution in US

Seattle-based leading e-commerce company Amazon is hiring 6,000 full-time workers for distributions across its 50 centers in the United States.

20 May 2015

SBI inks pact with Amazon for payment, commerce solutions

State Bank of India Wednesday signed a Memorandum of Understanding (MoU) with e-commerce player Amazon to develop payment and commerce solutions for customers and small businesses.

06 May 2015

EU opens new front against Internet giants

The EU opened a new front Wednesday in its battle with Internet firms like Amazon and Google as part of a wide-ranging digital strategy aimed at making Europe more competitive with global rivals.

05 May 2015

EU to probe Google, Amazon, Facebook in digital market overhaul

The European Union will announce a wide-ranging probe on Wednesday into how big technology companies such as Google, Amazon and Facebook use their market power as it considers whether to regulate them more tightly.

24 Apr 2015

Microsoft coy on cloud profit after Amazon delivers

Amazon.com Inc surprised investors on Thursday by disclosing for the first time that it makes a profit from its fast-growing cloud-computing business.

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