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Amazon.com News
Amazon
17 Mar 2022
Amazon.com closes $8.5 billion deal to buy MGM movie studio
The Seattle-based retailer announced the transaction in May 2021. MGM`s staff will join the organization of Mike Hopkins, senior vice president of Prime Video and Amazon Studios.
Amazon
03 Nov 2021
Amazon to launch its first internet satellites in late 2022
The company filed a request with the Federal Communications Commission (FCC) to launch and operate its first two prototype satellites, called KuiperSat-1 and KuiperSat-2. Amazon said the satellites will launch with ABL Space on its RS1 rocket, CNBC reported.
Bharti Airtel
04 Jun 2020
Amazon in initial talks to buy $2 billion stake in Bharti Airtel: Sources
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India`s digital economy.
Amazon
15 Jan 2020
Amazon orders electric vans from Deutsche Post's StreetScooter
StreetScooter has also installed 60 charging stations at Amazon`s distribution centre outside Munich, Deutsche Post said in a statement.
Jeff Bezos
13 Jan 2020
Amazon CEO Jeff Bezos to face massive protests from traders during India visit
CAIT has issued a statement saying, ''The Amazon CEO visit will see huge protests from traders across the country.''
Amazon.com
12 Jan 2020
As Amazon.com flexes its muscle, Seattle moves to curb corporate political don
A six-member committee of Seattle City Council has already unanimously approved the measure, making it almost certain that the full nine-member council will pass it on Monday.
Flipkart
02 Aug 2018
Flipkart unveils loyalty programme to counter Amazon Prime
Amazon launched Prime, its global loyalty programme that offers free, faster shipping and free music and video streaming services, in India in 2016.
Walmart-Flipkart deal
03 May 2018
Amazon makes bid to spoil Walmart-Flipkart deal: Report
The news underscores how Amazon is focused on winning India`s fledgling e-commerce market, and the offer could be a ploy to block Walmart from bringing its expertise in logistics and supply chain management to Flipkart, people familiar with the matter said.
Amazon.com
04 Apr 2018
Amazon may offer to buy Flipkart: Reports
Walmart is in talks to buy a stake of over 40 percent in Flipkart, a direct challenge to Amazon in Asia`s third-largest economy.
Amazon.com
28 Feb 2018
Amazon buys startup Ring in $1 billion deal to run your home security
Ring is set to be one of Amazon`s most expensive takeovers, after its $13.7 billion deal last year for Whole Foods Market.
Amazon.com
24 Oct 2017
Amazon studio executive Joe Lewis resigns
Amazon said Sharon Tal Yguado, who is the head of event series, will replace Lewis in the interim.
Amazon.com
20 Sep 2017
Amazon sends accidental gift email to shoppers due to glitch
A number of recipients, however, reported on social media that they were not expecting a child.
Amazon
14 Aug 2017
Amazon refunding customers who bought 'unverified' eclipse glasses
E-commerce giant Amazon is offering refunds to customers who purchased eclipse glasses from the platform and warned them not to use the spectacles to view the total solar eclipse that will occur on August 21.
Amazon
08 Aug 2017
Amazon to start food retail biz in India this Diwali
Amazon has planned to invest $500 million in the food segment, over and above the $5 billion it had already committed to investing in India.
US retail
03 Aug 2017
Amazon picks its first Australian warehouse, a step towards launching
US retail giant Amazon.com unveiled the location of its first warehouse in Australia on Thursday, picking an industrial area outside Melbourne in a major step towards launching operations in the world`s 12th-largest economy.
Amazon.com
29 Jul 2017
Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state
Amazon has yet to detail its plans for the wider region and a spokeswoman declined to comment.
Amazon.com
12 Jul 2017
Amazon.com on pace to break sales record for 'Prime Day'
The world`s largest online retailer said customers ordered more than three times as many Echo-family speakers than during Prime Day 2016, which at the time broke records for Amazon devices.
Amazon
11 Jul 2017
Amazon wins India's approval to invest in domestic food retail
Online retail giant Amazon.com Inc has secured approval to stock and sell food and groceries in India, potentially expanding its business in the fast-growing economy where it is in a pitched battle with home-grown rival Flipkart.
Amazon.com
08 Jun 2017
Amazon lent $1 billion to merchants to boost sales on its marketplace
Amazon.com Inc has stepped up lending to third-party sellers on its site who are looking to grow their business, a company executive said in an interview on Wednesday.
Amazon
28 Apr 2017
Amazon revenue soars as cloud, retail businesses dominate
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