Back when AOL was the coolest toy on something known then as “the world wide web,” a Seattle entrepreneur with a bookstore had a shattering thought: People would shop this way if they had a way. To say “the rest is history” doesn’t do justice...
Amazon will be restricting its storage capacities in warehouses as the coronavirus continues to surge and the holidays are still ahead, a company blog post states. The company says it has put new limits in place on IPI minimum threshold requirements, stating that sellers below...
Amazon will show the business names and addresses of merchants on their seller profile pages beginning at the start of September, according to an announcement. The eCommerce retailer said merchants can provide further information regarding their companies “and products that you think would be helpful...
Amazon is escalating its push into India with a new “Smart Stores” initiative aimed at spreading its reach into the country’s massive retail market. The online retail giant officially announced the initiative on its Indian blog on Thursday (June 25), noting it has already begun...
Amazon.com Inc. will soon enter West Bengal, India’s multi-billion dollar alcohol sales market, sources told Reuters. The West Bengal State Beverages Corp., the state agency that manages liquor licenses, granted approval for Amazon to sell liquor online, the news service reported. West Bengal is India’s fourth...
A conflict between Amazon CEO Jeff Bezos and Saudi Crown Prince Mohammed bin Salman didn’t derail the eCommerce giant’s launch of its new website in Saudi Arabia, Reuters reported. The website is a re-branding of Middle Eastern eCommerce site Souq.com, which was acquired by Amazon...
After legislators had asked that he offer testimony in their antitrust probe into large tech firms, a lawyer for Amazon said that Jeff Bezos would be amenable to testify before Congress. Robert K. Kelner from the Covington & Burling law firm said the retailer was...
Amazon could be facing antitrust charges by the European Union (EU) as early as next week over its treatment of third-party sellers, The Wall Street Journal reported Thursday (June 11). The European Commission, the 27-nation bloc’s antitrust regulator, has been building its case against the eCommerce giant...
In what is seen as the latest marriage between tech and Wall Street, Amazon has partnered with Goldman Sachs to launch a digital credit line for U.S. merchants, CNBC has learned. Here’s how it would work: small and medium-sized business (SMB) sellers on the eCommerce...
