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Amazon
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 more than 110 cities in the country in a year." …
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 Registrar of Companies (RoC), Witzig said that "Amazon…
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 financial package worth an estimated $51 million. …
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 board this month. Earlier this month, the…
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 US-based Institute on Taxation and Economic (ITEP)…
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 how much it is going to for Eero but according to…
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 online retail heavyweight slumped 5.38 percent after…
Billionaire Jeff Bezos and his wife Mackenzie announced a divorce, sparks new debate inside Amazon…
The world richest person and Founder of Amazon Inc, a U.S. e-commerce giant, Jeff Bezos, and his wife Mackenzie Bezos on Wednesday announced their decision of getting divorced after spending 25 years together. On January 9th, Bezos…
Investors question Amazon’s future after Jeff Bezos divorce announcement with his wife
Amazon.com Inc shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Bezos,…
Amazon Spain workers goes on two day strike ahead of gift giving feast day
Workers at Amazon’s biggest warehouse in Spain started a two-day strike on Thursday just ahead of a gift-giving feast day, as part of a long-running campaign for better pay and conditions. The strike, called by the country’s two…