The Prime rewards are coming; the Prime rewards are coming. Such is the hue and cry set to go off in about a dozen states, as Amazon is starting to ramp up its discounting for Prime members in Whole Foods locations nationwide. The move, in...
Amazon’s business in India is growing, with regulatory filings showing its B2B arm recorded a profit of $413,700 in 2017. According to The Economic Times, Amazon Wholesale, the company’s B2B wholesale distributor, also purchased goods worth $1.14 billion, in comparison to $591,100 in 2016. But as Inc...
Amazon has led a new round of funding in Acko, a digital insurance startup in India. According to Business Insider India, the eCommerce giant led the $12 million funding round for Acko with Ashish Dhawan, founder of PE firm ChrysCapital, and current backer Catamaran Ventures....
Among the enduring promises of computer technology is that it would give the “little guys” — all those Davids struggling to compete in a world full of corporate Goliaths — a new source of strength. Sourcing, marketing, selling and payments: Harnessing the power of digital could...
A survey found that 19 percent of third-party merchants that sell goods on Amazon have made more than $1 million in sales this year, an increase from 10 percent in 2017. It also found that 3 percent made more than $10 million, an increase of 1 percent...
Amazon puts significant effort toward loyalty, as shown recently by its push to extend Prime discounts to Whole Foods shoppers, a move designed to increase revenue and keep consumers away from competitors. So, it may come as a surprise to some people that the eCommerce...
Amazon has launched a new Marketplace Appstore created for professional sellers. According to CNET, the new app store will be rolled out slowly in North America through Amazon’s Seller Central. The store will include tools to handle pricing, inventory, advertising and other needs for sellers. “Many...
As Boston tries to lure Amazon’s second headquarters to the eastern part of the city it is facing concerns that it would result in displacements of lower-income residents and increasing costs in the city. According to a report in the Wall Street Journal, the rents...
Months after President Donald Trump tweeted criticisms of the U.S. Postal Service (USPS), news has surfaced that the president had personally asked U.S. Postmaster General Megan Brennan to double its shipping rates for Amazon and other firms. If that were to occur, Amazon and other...
