According to Alibaba CTO Jeff Zhang, the company does not view Amazon as a competitor, or at least declines to describe them as such when asked directly, instead noting that Alibaba is more of a middle man between sellers and buyers, whereas Amazon is …...
Amazon has picked up another high-level executive at the expense of Salesforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Amazon is leading the charge in the IoT world by launching the Dash Wand in the U.K. and obtaining a patent for smart headphones in the U.S. Will the Dash Wand be a precursor to the Dash Button and Alexa and Echo in the U.K...
Amazon turned plenty of heads when it first released its line of Dash Buttons to usher in a new age of programmatic commerce. Now, Amazon is giving its Dash Replenishment Service all the support and product offerings it could ever need to build and grow....
Need more evidence that Amazon is taking over the retailer world? Consider this: As of Monday (Aug. 1), Amazon has become the fourth-largest company based on market capitalization, pushing aside ExxonMobil, the mega oil company. Get the Full Story Complete the form to unlock this...
The reaction to Amazon’s phenomenal Q2 2016 earnings was confounding. The stock price for the online retail and cloud services colossus barely moved in response to numbers that easily surpassed analysts’ expectations and showed net profitability for the fifth straight quarter. A confident Jeff Bozos...
Earnings season often brings with it an interesting variety of outcomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Amazon‘s shares were surging in after-hours action on Thursday (July 28) after the company reported second quarter results that were higher than Wall Street expectations. It was the fifth straight quarter in which Amazon posted a profit. Get the Full Story Complete the form to...
Paying a mortgage is the stereotypically frustrating and demoralizing part of homeownership. All that money down the drain each month can seem like a waste, especially if you don’t love the house, but at least Amazon and Capital One are making mortgage payments a little...