Five years in the making, Amazon is opening its first cashierless grocery store on Tuesday (Feb. 25) in Seattle, according to reports. Amazon Go Grocery is selling about 5,000 stocked items in its approximate 10,400 square foot store, including fresh produce, meats and alcohol. Located...
When the axe falls from Amazon, the ripple effects are significant, especially for smaller logistics firms. Several companies have enjoyed the fruits of partnering with the eCommerce giant, to be sure, but the partnerships — at least, some of them — are proving short-lived. That’s...
In the drive to bring voice commerce to the mainstream, to move toward “speaking” the daily activities of buying what we need, as we need it, might there be room for a visual component, too? To that end, Amazon seems to be angling toward the...
Bear Down Logistics, a company that expanded quickly in the past few years delivering packages for Amazon, will no longer be working with the company and was forced to cut hundreds of jobs as a result, according to a report by Bloomberg. The company is...
The Bengaluru court in India on Friday (Feb. 14) put an antitrust investigation into Amazon and Flipkart on hold for two months following a challenge by Amazon, Reuters reported, citing lawyers. Two attorneys involved in the proceedings told Reuters on Friday that Amazon submitted a...
Amazon holds the dominant edge in the market for smart speakers, as about 70 percent of people in the U.S. who use the devices are using an Amazon Echo, according to a report Monday (Feb. 9) by eMarketer. That makes the online retail behemoth the...
Amazon’s investments in logistics have paid off; it’s back in the $1 trillion stock value arena after the company’s results exceeded industry expectations, according to a report by Reuters. The company’s one-day shipping offering has caused Prime membership to spike as well. Out of the...
Index Ventures and Accel, two early investors in Deliveroo, are speaking out against the Competition and Markets Authority (CMA) in the U.K., which is currently conducting a probe into the company’s potential deal with Amazon, according to a report Tuesday (Jan. 28) by the Financial...
The ex-wife of Amazon Founder and CEO Jeff Bezos, MacKenzie Bezos, has sold $400 million of her stake in Amazon, according to a report by CNBC. The move was reported on Friday (Jan. 24). The sale was filed under her husband’s name, as he owns...
