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...
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...
