Amazon is officially the world’s most valuable brand, valued at $315.5 billion, according to a newly-released global ranking. Apple comes in second at $309.5 billion, and Google comes in third at $309 billion. Amazon is up 52 percent from last year, noted a report by CNBC....
Getting to scale is a necessary but difficult hurdle to clear on the road to subscription services success. Customer acquisition and retention are expensive, and churn is endemic. The potential benefits can be great; according to the PYMNTS Subscription Commerce Index, Americans spent $2 billion...
Amazon is linking with Synchrony Financial to offer a new credit card for Amazon Prime members who have bad credit. As reported Monday (June 10), the card, known as “Amazon Credit Builder” will let users build up their credit profiles through the use of a...
Amazon has created detailed virtual maps to train the company’s new Scout delivery robot. Scout VP Sean Scott told The Verge that the eCommerce giant has collected 3D data, real-life textures, and even modeled the sidewalk down to the storm drains in order to create...
Amazon has started pumping money into its India business despite regulatory rules that mandate how companies can source goods for marketplaces, according to a news story. Amazon put Rs 2,999 crores ($404 million) into its India business, which follows an infusion of $315 million half...
Regulatory scrutiny is indeed coming to bear on big tech firms — along with increased attention on consumer privacy and use of data — but it is unlikely to deter Amazon from the way it makes consumer-facing products. In an interview with CNBC’s Jon Fortt...
An Amazon executive has said the eCommerce giant welcomes a review of its business, as some are calling for the break-up of the company. “Substantial entities in the economy deserve scrutiny, and our job is to build the kind of company that passes that scrutiny,”...
Amazon has opened physical kiosks in the U.K. that will offer a rotating range of items at discounted prices. The first kiosks will be based in London at various rail stations, including Charing Cross, King’s Cross, Paddington, Liverpool Street and London Bridge. The locations will...
Amazon said it has deployed 200,000 robotic drives around the globe, according to a report by TechCrunch. The remarks were made at the company’s re:MARS conference in Las Vegas by Robotics VP Brad Porter. Earlier in the year, the company said it had 100,000 robot...
