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Tag: Jeff Bezos

E-commerce norms flouted despite Amazon tweaking ownership, Retail News, ET Retail

New Delhi, The Indian e-commerce market is expected to reach $200 billion by 2026 from the current $48.5 billion (as of 2018) and to create a level-playing field for small and medium players, the government brought in a new e-commerce policy and fresh rules around FDI in the sector in February this year that forced …

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Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans, Retail News, ET Retail

New Delhi, With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments – coupled with the new ecommerce policy and the likely entry of Reliance into the ecommerce space soon …

Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans, Retail News, ET RetailRead More

An Amazon warehouse town dreams of a better life, Retail News, ET Retail

By David Streitfeld CAMPBELLSVILLE: In the late 1990s, this central Kentucky town suffered a jolt when its Fruit of the Loom textile plant closed. Thousands of jobs making underwear went to Central America, taking the community’s pride with them. Unemployment hit 28% before an unlikely savior arrived as the century was ending: a madly ambitious …

An Amazon warehouse town dreams of a better life, Retail News, ET RetailRead More

From retail to robotics, Jeff Bezos is betting big on technology, Retail News, ET Retail

Amazon Inc, the world’s largest online retailer, is being known these days as more of a technology company, and rightly so. Technology is at the core of whatever Amazon does — from algorithms that forecast demand and place orders from brands, and robots that sort and pack items in warehouses to drones that will soon …

From retail to robotics, Jeff Bezos is betting big on technology, Retail News, ET RetailRead More

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

Prime Power: How Amazon squeezes the businesses behind its store, Retail News, ET Retail

By Karen Weise SEATTLE: For tens of millions of Americans, it is so routine that they don’t think twice. They want something — a whisk, diapers, that dog toy — and they turn to Amazon. They type the product’s name into Amazon’s website or app, scan the first few options and click buy. In a …

Prime Power: How Amazon squeezes the businesses behind its store, Retail News, ET RetailRead More

Amazon, Retail News, ET Retail

Washington, In a damning attack against President Donald Trump, Amazon has alleged in its complaint — filed against the US government’s decision to award $10 billion Pentagon Cloud project to the “less competitive” Microsoft — that Trump abused his position to put “improper pressure” on decision-makers for personal gains and show his hatred towards Amazon …

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How Amazon wields power in the technology world, Retail News, ET Retail

By Daisuke Wakabayashi SEATTLE: Elastic, a software startup in Amsterdam, was rapidly building its business and had grown to 100 employees. Then Amazon came along. In October 2015, Amazon’s cloud computing arm announced it was copying Elastic’s free software tool, which people use to search and analyze data, and would sell it as a paid …

How Amazon wields power in the technology world, Retail News, ET RetailRead More

Harvard dropout Bom Kim built Korea’s most valuable start-up

For many would-be entrepreneurs, Harvard’s prestigious MBA program provides an important step in the journey from dreamer to founder. But for Bom Kim, that step was quicker than most. Just six months into the program, he dropped out, determined to make it on his own. Now, less than a decade on, Kim is the billionaire …

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How Amazon wove itself into the life of an American city, Retail News, ET Retail

By Scott Shane BALTIMORE: Another big Prime Air 767 takes off from Baltimore-Washington International Airport — where Amazon’s shipping last year eclipsed that of FedEx and UPS put together — and wheels above the old industrial city. Below, the online giant seems to touch every niche of the economy, its ubiquity and range breathtaking. To …

How Amazon wove itself into the life of an American city, Retail News, ET RetailRead More