With many consumers turning to the web to meet their needs during the Wuhan coronavirus outbreak in the United States, web giant Amazon.com Inc stated, it will be hiring 100,000 warehouse and delivery workers in the United States to deal… Read More ›
On Monday, officials from Japan’s antitrust authority raided the offices of e-commerce giant Rakuten Inc following complains from online merchants regarding the company’s free shipping policies With the news reaching the market, its shares fell briefly by 3%. Rakuten’s spokeswoman… Read More ›
Amazon.com Inc has pulled out of the Mobile World Congress citing China’s coronavirus outbreak. “Due to the outbreak and continued concerns about the new coronavirus, Amazon will withdraw from exhibiting and participating in Mobile World Congress 2020,” said Amazon in… Read More ›
Cyber Monday sales, riding on the back of a bumper Black Friday sales, are on course to bring in a record $9.2 billion, according to evening estimates. Shoppers have had nearly a month of offers and deals with retailers banking… Read More ›
Amazon has not clarified how and where it will utilize the money. Documents filed with the Registrar of Companies show that U.S. retailer, Amazon.com Inc has invested $634.20 million (around 45 billion rupees) into its Indian subsidiaries. Clearly, Amazon is… Read More ›
Jeff Bezoz had earlier stated, he would be selling stock every year to fund Blue Origin. As of last Friday, Amazon.com Inc’s Chief Executive Officer Jeff Bezos has sold $990 million worth of shares in the company and made a… Read More ›
Amazon and Walmart are competing to expand their footprint in India – one of their most important growth markets. On Thursday, according to a report from the Economic Times, Amazon.com Inc has engaged in exploratory talks with India’s Reliance Industries… Read More ›
Amazon plans on opening a new warehouse in Germany’s western city Moenchengladbach, by the end of this year. Amazon.com Inc, the world’s biggest online retailer stated, it plans on opening a new warehouse in Germany later this year. The move… Read More ›
This appears to be a tactical retreat. Amazon is very much interested in the food delivery business. In a significant development that underscores the intensity of the competition existing in the food delivery business, Amazon.com Inc stated it will end… Read More ›
The deal, as pointed out by Carl Icahn’s letter to Cigna’s shareholders, has at least two significant areas of concern. On Tuesday, billionaire investor Carl Icahn urged Cigna Corp’s shareholders to vote against Cigna’s $52 billion acquisition of Express Scripts… Read More ›
manageria.biz 