Browsing Tag

Amazon

433 posts

Amazon summoned by India’s Labour Ministry over alleged “forced” terminations of employees

Amazon India has been summoned by India’s Labour Ministry to appear before…

Amazon to fire as many as 10,000 employees this week across corporate and tech sectors: Report

Firing employees to manage costs have been the norm of the year,…

Amazon freezes hiring in its advertising business, days after reporting Q3 2022 earnings

Amazon’s advertising business, which remains one of the more profitable divisions of…
Amazon

Amazon Care to cease operations from December 31

Even as it is pushing deeper into the healthcare space (supplemented by…

Amazon acquires Roomba-maker iRobot for $1.7Bn as it doubles down on smart home market

Alexa, Echo, Smart Plug, and Ring Doorbells are some of the devices…
amazon logo

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…

Amazon plans to bring its Starlink rival, ‘Project Kuiper’ to India: Reports

Amazon is continuing to double down on its India investments, as it…
amazon logo

Amazon to acquire healthcare company One Medical for $3.9Bn

Amazon is not a name one is likely to expect in the…

Amazon backs out of mega IPL media rights race: Report

Amazon has reportedly removed itself from contention for media and streaming rights…

Dave Clark joins logistics giant Flexport as co-CEO

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

Amazon Consumer CEO Dave Clark resigns after 23 year tenure

Dave Clark, the man behind Amazon’s unprecedented scale of expansion during the…
amazon logo

Amazon will be shutting down its Kindle e-bookstore in China next year: Report

The Chinese market has proved itself to be a tough nut to…
Amazon

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 logo

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 Prime announce 40 new titles, TVOD movie rental service

The last two days have been very active in the Indian OTT…
Amazon

Amazon doubles down on social commerce in India with Glowroad acquisition

Amazon India has deepened its push into the growing social commerce sector…
Amazon

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

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…