Amazon.com, criticized for wielding too much power over third-party merchants on its marketplace, said it will spend some $15 billion this year to help them boost sales.
August 22, 2019Amazon News Updates
Amazon Spends $15 Billion to Help Merchants in Charm Offensive
Amazons New India Campus Is Its Largest
Amazon.com on Aug. 21 opened its largest campus building globally in the south Indian city of Hyderabad as it prepares for a furious expansion and battle with nemesis Walmart Inc. in one of the worlds fastest-growing retail markets.
August 21, 2019Amazon Tests Top Brand Label for Some Big-Name Fashion Sellers
Amazon.com Inc. is designating products sold by certain companies as top brands, a test that if widely implemented could ease tension between the online retail giant and big-name companies used to favorable positioning at brick-and-mortar retailers.
August 16, 2019Amazon-FedEx Split Sets Battle Lines in E-Commerce Delivery Feud
FedEx Corp.s retreat from handling packages for Amazon.com Inc. signals that the lines are being drawn in the battle over surging e-commerce shipments.
August 8, 2019FedEx Ends Ground-Delivery Deal With Amazon
FedEx Corp. is ending its ground-service delivery contract with Amazon.com, a sign the delivery giant is pulling away from the largest U.S. e-commerce company and focusing on other clients in the market, such as Walmart and Walgreens.
August 7, 2019Scout, Amazons Self-Driving Delivery Robot, Heads to California
Amazon said Aug. 6 that its six-wheeled self-driving robots, about the size of a smaller cooler, will begin delivering packages to customers in Irvine, Calif., after testing them in a suburb of Seattle earlier this year.
August 6, 2019Amazon Loses Last Bear Among Stock Analysts
Amazon.coms last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a sell rating on the companys shares. In a note to clients July 30, he upgraded the retail and technology giant to hold.
August 2, 2019FBI: Amazon Drivers Part of Major Theft Ring
SEATTLE A theft ring in Washington state sold millions of dollars worth of stolen goods on Amazon.com in the past six years, and a pair of Amazon delivery drivers was involved, recently unsealed federal court documents show.
August 1, 2019EBay Accuses Amazon Managers of Leading Scheme to Snag Sellers
EBay Inc. sued three employees working at e-commerce rival Amazon.com, alleging that they conspired with dozens of other workers to fraudulently take high-value online merchants from eBay.
August 1, 2019Trade Group Targets Federal E-Commerce Bid It Says Favors Amazon
A trade association representing wholesale distributors is pressuring lawmakers not to approve increased government spending on a highly lucrative e-commerce contract the group says favors Amazon.com.
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