As of yesterday (April 3), Amazon is open for business for cash-only customers — via 10,000 physical locations where a consumer can deposit cash directly into their Amazon balance. In an announcement made on the company site yesterday, Amazon said the new service allows customers to...
Amazon announced today (April 3) that it has launched Amazon Cash, which allows users to add cash to their Amazon account balances at physical locations — more than 10,000 of them — across the United States. The company said, in announcing the debut of the free service,...
Amazon had a news-filled week last week culminating with shares flirting with a new high in trading Friday (March 31). According to a report, shares of the eCommerce giant were lifted by a bevy of news, including its acquisition of Souq.com, the Middle East ecommerce...
In an unprecedented power move, Amazon is hoping to lure some of the world’s biggest brands away from chains like Walmart, Target and Costco. In a three-day summit at its Seattle headquarters, Amazon will host executives from General Mills, Mondelez and various other packaged good manufacturers....
In the startup atmosphere, there are a few signs that point to success. Raising enough funds and making enough profit to file an IPO or getting acquired are typically key indicators. Once either of these events occur, a startup is officially considered a success. After...
When Amazon launched a little over 20 years ago, it might have been easy to write off as a footnote in internet history in the making: the little Seattle company that tried to sell books on the internet. But over the past two decades —...
Amazon Web Services announced Tuesday (March 28) the launch of Amazon Connect, a self-service, cloud-based contact center service that makes it easy for any business to deliver customer service at lower cost. In a press release, Amazon Web Services (AWS) said Amazon Connect is based on...
Amazon’s got another brick-and-mortar grocery play in the works outside of the recently delayed Amazon Go. The online retail giant announced that AmazonFresh is getting a physical pickup option, starting with two brick-and-mortar locations in Seattle, Washington. For now, the AmazonFresh Pickup locations are in...
If retailers were worried about the impact Amazon would have on the world of eCommerce, they should be even more concerned about what Amazon has up its sleeves when it comes to physical stores with the leading eCommerce company showing expansion into the offline world...