Amazon

Amazon
Amazon CEO: Consumers Are Trying to Stretch Dollars
November 30, 2022

Amazon is reportedly finding that shoppers are looking for deals, especially on big-ticket items. Over Thanksgiving weekend, the firm saw that people care about getting a bargain on items that are expensive and discretionary, like televisions and computers, Bloomberg reported Wednesday (Nov. 30). “Consumers are...

Amazon
AWS Launches Data Management Service Focused on Good Governance 
November 29, 2022

Amazon Web Services (AWS) has launched a data management service that balances access and control.  The new Amazon DataZone helps customers catalog, discover, share and govern data across their organization — including data stored by AWS, on premises or by third-party sources — Amazon said...

Amazon
Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
November 28, 2022

The insurance industry is one of the most mature and competitive markets globally, but it’s one often associated with legacy infrastructure, time-consuming paperwork and complex jargon that can easily deter customers from completing the purchasing process. Over the years, an increasing number of InsurTechs and...

Amazon
Amazon’s Food Delivery Business Shutters in India
November 27, 2022

Amazon is restructuring its India operations with the announcement that it is shuttering its food delivery service, Amazon Food, in the region after Dec. 29. In a statement sent to PYMNTS, the eCommerce giant said it will no longer be operating the food delivery business...

Amazon
Report: Amazon Pledges $1B Annual Spend to Bring Prime Originals to Theaters
November 23, 2022

Amazon is expanding its latest streaming content to a more traditional setting by planning to invest $1 billion each year toward running its new Prime Video original releases in movie theaters. The news broke in a Wednesday (Nov. 23) Bloomberg report stating that the company...

Amazon
LuLu Group Linkup Brings Groceries to Amazon UAE
November 23, 2022

Amazon announced in a press release on Friday (Nov. 23) that it has signed an agreement with the Abu Dhabi-based LuLu Group that will see the two firms partner to offer online grocery shopping in the United Arab Emirates (UAE). Over the coming weeks, the...

Amazon
NGO: Roomba Deal Will Let Amazon Spy on Users
November 22, 2022

Foxglove wants the U.K.’s competition watchdog to investigate Amazon’s proposed iRobot purchase, arguing — among other things — the deal lets the retail giant spy on its users. The British nonprofit said in a news release Tuesday (Nov. 22) that it is calling on the...

Amazon
Report: Amazon Customer Satisfaction Hits All-Time Low
November 21, 2022

While Amazon still dominates the domestic eCommerce landscape, there are signs of growing discontent among its estimated 200+ million Amazon Prime members as customer satisfaction has reportedly reached a record low. That’s according to a Monday (Nov. 21) Wall Street Journal report, citing data from...

Amazon
Amazon’s Jassy Says Layoffs to Stretch Into ‘23
November 17, 2022

Amazon’s job cuts will continue into next year, adding to those that have already been announced, as the company’s leaders are only midway through their annual operating planning review.  So said Amazon CEO Andy Jassy in a message to employees that was also posted online. ...