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Amazon posts USD 3.2-bn profit as it goes through multiple layoffs

The e-commerce giant on Thursday reported a profit of USD 3.2 billion for the first quarter, far ex…

ANI   


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3 mins read

Amazon's expansion of its personal styling service is not an automatic death sentence for Stitch Fix

While Amazon's platform is built to understand a customer's past purchases, it's not as well suited…

Madeline Stone   


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1 min read

The top 9 streaming TV shows this week, from 'Cobra Kai' to 'The Expanse'

The data is based on "demand expressions," Parrot Analytics' globally standardized TV-demand measur…

Travis Clark   


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1 min read

The top 9 streaming TV shows this week, from 'The Expanse' to 'The Mandalorian'

The data is based on "demand expressions," Parrot Analytics' globally standardized TV-demand measur…

Travis Clark   


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Amazon bullish on Diwali sales, doubling its delivery network amid economic slowdown and e-commerce restrictions

Amazon India is busy preparing for the upcoming festive season in India— Diwali — which is a tradit…

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1 min read

Snapdeal is on an expansion spree, now delivers to 26,000 pincodes in India

India’s third largest e-commerce platform Snapdeal has expanded its services and added 3,500 pinc…

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2 mins read

Amazon Fresh grocery delivery gets less exclusive: Non-Prime members can now order from some stores

Amazon said that it's expanding its Fresh delivery offering to non-Prime member holders, starting w…

Yeji Jesse Lee   


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3 mins read

Quirky maker of flip flops merges style with sustainability

Solethreads, a casual footwear brand offer a wide and fun range like grass flip flops, graphic foot…

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2 mins read

Solethreads, EcoRight and Go Desi are the winners of Amazon’s startup accelerator programme

Solethreads, EcoRight and Go Desi cumulatively receive $100,000 as an equity-free grant from Amazon…

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2 mins read

TikTok reportedly wants to take on Amazon and 4x its shopping business this year but it faces big challenges

The social-media giant reportedly wants to grow TikTok Shop from $4.4 billion in sales last year to…

Nathan McAlone   


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1 min read

Amazon is introducing new tech to monitor shoppers in its grocery stores and share data with advertisers

Amazon's 'Store Analytics' will work in conjunction with its Just Walk Out and Dash cart technology…

Rosie Bradbury   


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UK-based SupplyCompass to ramp up India operations, plans to hire over 200 employees in the next 12-18 months

“With the growth plans drawn up for India, SupplyCompass aims to make India a strategic hub for …

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2 mins read

Amazon may prioritize items in search results depending on how close it is to you and how quickly it can be delivered

Amazon doubled its warehouse footprint over the last several years, allowing the company to priorit…

Aaron McDade   


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Amazon is shrinking private brands like AmazonBasics, report says, even as inflation steers consumers toward less-expensive products

In an exclusive story, the Wall Street Journal says the retail giant may exit the private-label bus…

Áine Cain   


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Francis Agustin   


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Elon Musk says Jeff Bezos 'retired to pursue a full-time job filing lawsuits against SpaceX' after Amazon protested a Starlink expansion

Elon Musk's tweet came after Amazon's subsidiary Kuiper protested SpaceX's plan for more Starlink i…

Kate Duffy   


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3 mins read

Online festival sales likely to be 28% higher than pre-Covid levels at $11.8 billion: report

Online festival sales likely to be 28% higher than pre-Covid levels at $11.8 bn: report

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4 mins read

CHARTS: We analyzed revenue per employee to show why Amazon, Meta, and others are axing workers with brutality and speed

Revenue per employee is a quick way to look at a company's efficiency. Charts show one clear thing:…

Hasan Chowdhury   


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2 mins read

'Climbing the wall of worry in eCommerce': 3 Wall Street analysts react as Amazon's 4th-quarter earnings reveal Prime price hike

"We continue to see Amazon as a core long-term holding for Internet investors as the company has ex…

Matthew Fox   


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1 min read

Amazon is raising the price of its annual Prime membership by $20

Amazon has raised the price of its Prime membership twice in the past: once in 2014 and again in 20…

Avery Hartmans