Tag: Amazon

Amazon Reportedly Wants to Venture into Banking
In its bid to strengthen its relationship with its millions of existing customers, eCommerce giant Amazon is carefully considering a foray into the highly regulated banking industr...
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Walmart Builds Giant Private Cloud to Take on Amazon
Walmart knows that to win big, it has to bet big as well. In its multibillion-dollar battle against online retailer rival Amazon, brick-and-mortar g...
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Amazon is Now Worth More Than Microsoft, Becomes the World’s Third Most Valuable Company
The race in becoming the first company to reach the trillion dollar mark in terms of market capitalization is still ongoing. However, Amazon is a st...
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Instacart Gets Ready to Take on Amazon, Grocery Delivery Service Raises $200M
A new player may soon challenge Amazon’s hold on the grocery delivery business. San Francisco-based Instacart has recently beefed up its war chest w...
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Amazon Exceeds Analyst Predictions, Posts its Highest Q4 Profits Ever
Buoyed by strong holiday sales and the robust performance of its cloud computing division, Amazon exceeded previous expectations set by analysts for...
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Amazon CEO Jeff Bezos Contributes $33 Million to ‘Dreamers’ Scholarships
Multi-billionaire Jeff Bezos certainly knows how to spend his money where it counts. Along with wife MacKenzie, the Amazon CEO—who was recently declared the world's richest man—gav...
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Will Amazon Acquire Target in 2018?
While Amazon currently accounts for roughly 45% of all online retail sales, the pursuit of a strong offline retail presence is part of Amazon's long-term business strategy which is...
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Amazon Sold ‘Millions’ of Alexa Devices Over the Holidays, Brands Will Need to Focus More on Voice Advertising in 2018
The recent holiday was a happy one for Amazon, if the company's latest report is anything to go by. The eCommerce giant alleges that “tens of millio...
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Amazon’s Whole Foods Purchase Raises Demand for Same-Day Grocery Delivery Services
Amazon's acquisition of Whole Foods was met with wariness and a not-so-unexpected round of hostility from rival supermarket chains. There was little...
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5 Ways Retailers Can Beat Amazon This Holiday Season
There's no denying that when it comes to holiday shopping, Amazon is the company to beat. The past few years saw the retail giant's sales figures go...
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Alibaba’s Cloud Revenue Skyrockets, Company Aims to Surpass Amazon and Microsoft
Alibaba is nipping at the heels of top cloud companies Amazon and Microsoft. While the two still reign supreme in terms of revenue, the Chinese company leads the pack in terms of g...
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Google, Target Form Alliance to Take on Amazon
A war among titans is silently brewing in the online retail arena. Recently, Google announced a partnership with Target, a move that could signal the start of Google’s challenge to...
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Walmart Challenges Amazon, Launches Grocery Line With Jet.com
Walmart's competition with Amazon has just reached new levels, with the former looking to cut into a bigger piece of the millennial pie. Millennials aren't exactly Walmart's dem...
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Shopify Makes it Even Easier for Merchants to Sell on Amazon
Shopify has been quite busy making things even better for their sellers this year. Much like its recent announcement about a marketplace integration with eBay, Shopify revealed a s...
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Microsoft and Amazon’s AI Assistants are Teaming Up
Usually, tech companies keep each other at arm’s length, unwilling to share new technologies with the hope of besting their competitors. However, it appears that Microsoft and Amaz...
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