Amazon.com’s head Jeff Bezos said Thursday (September 13) during an interview at the Economic Club in Washington D.C. that the world will know shortly the location of its second headquarters. According to a report in the Wall Street Journal, Bezos wouldn’t name names when asked about...
Thanks in large part to Amazon‘s global reach, the world is getting more connected and seemingly smaller with Souq, an online retail and marketplace website in Saudi Arabia, which announced the launch of the Amazon Global Store. In a press release, Souq said the store offers...
A new study by Deutsche Bank has found that 85 percent of insured Amazon Prime members would buy prescription drugs from the eCommerce giant. In June, Amazon announced it was acquiring PillPack, the pharmacy focused on people in the U.S. who take multiple daily prescriptions. That deal, along...
Amazon’s Prime subscription business is expected to more than double in the next 10 years, hitting 275 million subscribers in the U.S. alone, according to estimates by Citigroup. CNBC, citing Citigroup analysts, reported that the Wall Street firm argued in a research report – in...
Amazon has announced plans to open an Amazon Go location in New York. Earlier this year, the eCommerce giant launched its first checkout-free convenience store market in Seattle. It recently opened two more locations in the city, which will make New York its first foray...
After announcing that they are leaving ‘Project Runway” following 16 seasons together, Heidi Klum and Tim Gunn are taking their talents to Amazon. The two stars will work on a fashion shopping experience with the eCommerce retailer, according to The Hollywood Reporter. “I’m most excited...
Amazon announced on Wednesday (Sept. 5) that it has expanded its San Diego Tech Hub and plans to create 300 new high-tech jobs in fields including software development, machine learning, cloud computing and digital entertainment. In a press release, the eCommerce giant said that to accommodate the...
It’s official. Amazon has set a record as the second U.S. company to surpass $1 trillion in market capitalization — Apple hit that milestone a few weeks ago on the heels of a strong quarter. The milestone was brief, with shares falling back down under...
Amazon.com is eyeing the online advertising market that has long been dominated by Google and Facebook and is quickly gaining momentum, reported The New York Times. According to a report in The New York Times, the push on the part of Amazon to go after the...
