The Amazon marketplace stands as one of the most successful efforts of the eCommerce operator, and that fact was underscored on Thursday (April 11) by the annual Amazon letter to shareholders from CEO Jeff Bezos – a letter that also apparently served as a rebuke to a...
Amazon may be firing on all cylinders, but Chief Executive Jeff Bezos realizes not all of its efforts will see success, warning investors in the company’s annual shareholder letter of the potential for multi-billion dollar failures. “As a company grows, everything needs to scale, including...
Amazon and Whole Foods Market announced on Wednesday (April 10) that delivery of Whole Foods Market products via Prime Now has been expanded to nine more cities. In a press release, the eCommerce giant said that as of Wednesday, Prime members can shop via Prime...
Small to medium-size businesses (SMBs) drive the sales of more than half of all units sold on Amazon, and today (April 9), the eCommerce giant announced that it has launched 50 new tools and services since the start of the year to help more of...
Amazon is starting to get more of the digital advertising dollars as marketers shift their focus away from Google. The Wall Street Journal, citing people familiar with the matter, reported WPP, the biggest ad buyer in the world, increased its ad spend at Amazon in...
Two dozen artificial intelligence (AI) researchers working in tech and academia have sent a letter to Amazon Web Services (AWS), asking for it to stop selling its facial recognition software to law enforcement agencies. Those who want the tech giant to stop selling Rekognition to law enforcement...
Amazon has removed some very prominent ads for some of its private label products amid increased regulatory scrutiny from politicians, according to reports. Amazon’s private label products are the eCommerce giant’s own in-house products, sold only on the website and often less expensive than brand...
Amazon plans to slash prices on hundreds of items at Whole Foods stores in an attempt to attract customers and change the brand’s image as a high-priced grocery store, The Wall Street Journal reported. The lower prices will affect 500 plus products and will mostly...
Amazon will now accept cash payments at Mexico’s most popular chain corner store, Oxxo, the companies announced on Monday (April 1). Reuters reported the partnership will allow Amazon to reach the millions of unbanked customers in the country (estimated to be at 60 percent) who...
