Sometimes the rumor mill gets it right. Or almost right anyway According to the latest reports out this morning – Amazon.com will acquire Whole Foods Market in a $13.7-billion cash deal that is expected to close during the second half of 2017. The deal values Whole Foods...
One-day shipping? Ain’t nobody got time for that. Amazon Prime is now introducing one- and two-hour delivery of Amazon goods, as well as healthy and organic foods from Sprouts Farmers Market to Denver. For Amazon Prime members, this superfast option doesn’t even break the bank....
It looks like Amazon now has a patent on technology that will make it more difficult for shoppers to check prices online when they are in Amazon locations. The tech — going under the moniker “physical store online shopping control” — intercepts certain websites, search terms...
Could Alexa’s latest API skill stem losses to streaming services for pay TV providers and the telco industry? Some providers seem to think so, with Dish, NetGem and YouView already on board. The skill? Amazon announced June 8 that its virtual assistant has learned to control...
So far it’s just a rumor, but inside sources are saying that Amazon may be in preliminary talks to buy BigBasket, India’s largest online grocer. BigBasket is growing fast. Last year, it raised $150 million in a funding round led by Dubai’s Abraaj Group. It...
News of Amazon’s plan to enter the U.K. online auto sales market after a current test run in Italy has unnerved shareholders of Britain’s biggest auto dealer websites. According to Bloomberg Markets, the news that Amazon might be selling vehicles in the U.K. caused Britain’s Auto Trader...
According to reports out this morning, Amazon.com has lent over a $1 billion in loans to its marketplace sellers over the last year — slightly less than the $1.5 billion it lent during the 4 years between 2011 and 2015. Funds lent to merchants from Amazon are...
Amazon already has a hold on high-income shoppers in the U.S., but the online retailer now wants to attract lower-income customers to the site with a 45 percent discount on Prime memberships. According to Recode, Amazon announced the new deal on Prime — $5.99 a...
Amazon doesn’t want to be left out of the smartphone market and as a result is reportedly working on a new Android mobile phone lineup under the codename Ice. That’s according to a new unsourced report that said the devices are aimed at succeeding the...
