If you're more concerned with saving money than fast shipping, then Amazon's newest consumer e-commerce platform might be for you. Amazon Haul is the monopolistic retailer's latest move to try and take back market share from ultra low-cost Chinese e-commerce platforms Temu and Shein.
Amazon (NASDAQ: AMZN) has been a winning investment over time. There's a clear reason for this top performance: Amazon has built leadership in the two high-growth businesses of e-commerce and cloud computing,
The company, which recently launched free shipping to Argentina, faces major challenges from regional rival MercadoLibre and a network of smugglers.
Amazon cited a need to cut costs as the main motivation behind the move, although Quebec is also home to the company's only unionized warehouse in Canada.
Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The Amazon has agreed to acquire Indian buy now pay later startup Axio.
Amazon is one of the largest e-commerce platforms in the world, with over 200 million active users and 12 million products available. Every minute, more than 4,000 items are sold in the U.S. alone. For businesses,
German online retailers last year eked out slight revenue gains for the first time since 2021, an industry body said on Thursday, citing higher savings that are giving Germans more confidence to spend.
Hundreds of Amazon employees in Quebec are left to pick up the pieces following the shutting of warehouses across the province.
The closures will eliminate about 1,700 permanent full-time jobs in the greater Montreal area, Amazon said. The warehouses also employ 250 temporary employees.
Amazon Canada says it will close all of its Quebec warehouses and lay off nearly 2,000 staff over the next two months. The e-commerce giant positioned the move as a way to provide "even more savings to our customers over the long run" and dismissed concerns that it was linked to a recent unionization push in the province.
Amazon (NASDAQ: AMZN) ended 2024 on a high note, up 44% in 52 weeks. Let's see where Amazon might be five years from now. Amazon has been steadily gaining market share in e-commerce over the past few years,
Perhaps one of the notable stock market stories over the last year is the performance of Amazon (NASDAQ: AMZN). The e-commerce and cloud giant rose by nearly 50% over the previous year amid the continued success tied to e-commerce and the rise of artificial intelligence (AI) as the cloud continued to grow.