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Amazon
CCI approves Amazon’s acquisition of 0.51% equity shares in Quess Corp
Fair trade regulator Competition Commission of India (CCI) on Monday said it has cleared the acquisition of equity share capital of Quess Corp by Amazon.com NV Investment Holding LLC.…
After Google and Amazon, US antitrust spotlight turns on Apple and Facebook
The American Federal Trade Commission (FTC) has secured the right to examine how Facebook’s practices affect its digital competition, Wall Street Journal reported on Monday, while a Reuters…
Amazon may fall under FTC’s jurisdiction on the antitrust case
Following an agreement between the Federal Trade Commission (FTC) and the Department of Justice (DOJ), e-commerce giant Amazon could fall under FTC's jurisdiction on antitrust subjects.…
Amazon Pantry is now available in more than 110 Indian cities
To increase the presence in the grocery business, Amazon India a subsidiary of U.S. e-commerce giant Amazon.com has announced that "It has expanded its Pantry business from 40 cities to…
Amazon acquires 49 percent shares in Witzig Advisory services
One of the world's largest E-commerce giant, Amazon Inc has acquired the 49% of the shares in Witzig Advisory Services, which also owes 'More Supermarket stores."In a filing with…
Amazon faces Virginia funding vote test for its second headquarter
Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed…
Former Pepsico CEO Indra Nooyi joins PepsiCo joins Amazon as Board of Director
Amazon.com Inc said this week that it has appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant's…
Amazon will not pay the federal taxes for the second year in a row
The US-based e-commerce giant and one of the wealthiest company in the world by its market value, will not be paying taxes to the federal for its second consecutive year.Quoting to the…
Amazon to acquire WiFi device maker Eero for an undisclosed amount
In an aim expand the smart home gadgets business, A U.S. based e-commerce giant Amazon Inc is planning to acquire 'Eero' a wifi device maker for an undisclosed amount.Amazon did not say…
Amazon Inc jitters offset upbeat jobs data on Wall Street
Wall Street ended mixed on Friday, as optimism from a surge in January US job growth was offset by a weaker-than-expected outlook from Amazon.com Inc that battered retail stocks.The…