Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. According to Bloomberg, the retail group that helped sign multimillion dollar deals with brands selling on Amazon is now being merged with...
Reports surfaced that Amazon is considering getting into the home insurance game, sending shares of some insurance companies down briefly on Wednesday (June 6). According to The Information, the eCommerce giant is considering offering home insurance in collaboration with its development work on robots and...
It’s not exactly a secret that Amazon’s ambition for Alexa’s eventual reach ranges much, much farther than the Echo series of smart speakers. The last year has seen stepped-up efforts to bring Alexa to cars, smart homes, businesses and security systems. Amazon’s vision for Alexa is nothing if not wide-ranging. Yesterday, that...
With the ongoing success of firms like Ulta and Sephora, perhaps it was only a matter of time before Amazon jumped in the game with an entrant of its own. And, if reports are accurate, Amazon may be looking to open up just such an independent...
After committing $5 billion to investments in India, Amazon reportedly wants to increase its investment by $2 billion. With the additional capital, the eCommerce retailer could better compete with Walmart in India, CNBC reported. “Amazon has had its eyes and ears firmly on the ground and...
With SunTrust Robinson Humphrey projecting that Amazon’s private label business could see revenues of $25 billion by 2022, SunTrust analyst Youssef Squali said the venture could send shares up more than 21 percent over the next year. As a result, he increased his price target...
Amazon Web Services has announced the launch of Amazon Neptune, a fast and fully managed graph database. The new service stores and navigates highly connected data, allowing developers to create sophisticated, interactive graph applications. There are no upfront costs, licenses, or commitments – customers pay...
Amazon is not the only retailer grappling with a staggering number of returns: All sorts of retailers — especially some with generous return policies — have faced challenges with large numbers of returns. In the case of one retailer, SupplyAI’s Karthik Sridhar, the company’s CEO,...
In a move that will send traffic to its Australian website, Amazon said it will make Australians use its Australia site instead of its larger U.S. site. The Australian site has a smaller selection than the U.S. site, but the change comes amid a new...
