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Tag: Amazons

One of Amazon’s first employees wants the company to be broken up, here’s why, Retail News, ET Retail

One of Amazon‘s first employees who helped build the company from scratch has come out in favour of breaking the e-commerce behemoth. Amazon Founder and CEO Jeff Bezos hired computer programmer Paul Davis in 1994 – his second employee at the company. Davis has told ReCode that Amazon needs to separate from the “Amazon Marketplace” …

One of Amazon’s first employees wants the company to be broken up, here’s why, Retail News, ET RetailRead More

India growing the fastest globally for Amazon’s Fire TV platform, Retail News, ET Retail

NEW DELHI: India has emerged as the fastest-growing market for Amazon’s content-streaming Fire TV platform, and the company is now looking to partner local companies to have the device pre-built into televisions. The American e-commerce and technology giant has partnered homegrown Onida for its first set of Fire TV edition smart TVs, and plans to …

India growing the fastest globally for Amazon’s Fire TV platform, Retail News, ET RetailRead More

The direct-to-consumer strategy is making a run at Amazon’s throne

As the shopping holiday gets into full swing, direct-to-consumer (DTC) brands are making a run at Amazon‘s ecommerce dominance, thanks in part to an ecosystem of companies powering big brands like Warby Parker, Allbirds and Glossier. It’s creating a flywheel that handles every step of the ecommerce process from shipping to returns and even one-day …

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Early Diwali may hit Amazon’s Q4 growth, Retail News, ET Retail

Bengaluru: Amazon’s international sales growth rate might be impacted in the final quarter of this financial year as parts of Diwali sale happened in the third quarter this year. The festive sale had taken place in the fourth quarter last year, said Amazon CFO Brian Olsavsky. He was speaking to analysts after the announcement of …

Early Diwali may hit Amazon’s Q4 growth, Retail News, ET RetailRead More

Speedy delivery hits Amazon’s bottom line; shares slump, Retail News, ET Retail

San Francisco, Oct 24, 2019 -Amazon on Thursday reported that quarterly profits shy of Wall Street forecasts, sending shares of the tech giant tumbling in after-market trades. Net income slid 27 percent from last year to $2.1 billion, with profits pressured by Amazon’s spending to speed up most deliveries to one day. Revenue climbed 24 …

Speedy delivery hits Amazon’s bottom line; shares slump, Retail News, ET RetailRead More

Akshaya Patra to auction Amazon’s items to fund girl children, Retail News, ET Retail

BENGALURU: The Akshaya Patra Foundation (APF) on Thursday conducted an open auction of 30 items donated by Amazon India at an event in Bengaluru on Thursday. The two organisations came together to raise funds for the cause of girl child, and the Foundation will conduct some more auction in the coming days. Amazon India‘s house-on-wheels …

Akshaya Patra to auction Amazon’s items to fund girl children, Retail News, ET RetailRead More