Amazon net sales rise by 7% to $121 billion in Q2 2022, clocks loss against its Rivian investment

Unlike Microsoft, Meta, and Google-parent Alphabet, e-commerce powerhouse Amazon managed to exceed…

Dave Clark joins logistics giant Flexport as co-CEO

At the beginning of the month, Amazon veteran and its worldwide consumer…

Amazon targets $20Bn in exports from India by 2025

Amazon’s all encompassing investment in the Indian market stands at $6.5 billion, a lot higher than what the company had initially promised.

Amazon beats revenue estimates, but misses out on EPS for Q1 2022

Amazon reported its financial results for Q1 2022, revealing that it had…

Amazon announces $1Bn venture fund for up and coming supply chain, logistics startups

Amazon is investing $1Bn into supply chain, fulfillment and logistics innovation and further improve the customer and employee experience.

Amazon hikes price of Amazon Music Unlimited plans for Prime subscribers

If you are an Amazon Prime subscriber, then you get the subscription…

India’s Supreme Court refuses Amazon’s request for interim hold of sale of Future Retail Assets

In what comes as a relief to the Indian retailer company Future…

Amazon’s Marketplace is its most profitable segment, clocking in over $120Bn built on seller fees: Report

Amazon’s policies continue to face scrutiny, as a recent report showed that…

Amazon, Apple fined $225Mn by Italy’s antitrust regulator

Italy’s antitrust authority has fined both Apple and Amazon for a total…