Technology - Amazon

Jeff Bezos To Sell Amazon Shares Worth About $5bn After Stock Hits Record High

Amazon founder and executive chair Jeff Bezos is planning to sell almost $5 billion worth of shares in the e-commerce giant, a regulatory filing showe...

Amazon Hits $2 Trillion In Valuation On AI Fervour, Rate Cut Bets

Amazon.com hit $2 trillion (€1.87 trillion) in market value for the first time on Wednesday, becoming the fifth U.S. company to surpass that level.

Indians Get Hooked On 10-Minute Grocery Apps, Squeezing Small Retailers

Indians long relied on visits to small neighbourhood outlets for groceries or got free deliveries from them via phone orders, before the rise of e-commerce...

5 Talking Points From Shoptalk Europe 2024

Shoptalk Europe 2024 provided insights into the transformation of European retail in a rapidly changing world. Here are some of ESM's noteworthy takeaways.

Target, Walmart Shoppers Seek Home Goods, Grocery Delivery Online

US online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic...

Amazon To Invest €1.2bn in France, Create 3,000 Jobs

Amazon plans to invest more than €1.2 billion in its French operations and create more than 3,000 permanent jobs in the country.

Amazon To Launch Online Store In Ireland Next Year

Amazon has announced plans to launch a new dedicated website for Ireland - Amazon.ie - in 2025.

Amazon Forecasts Quarterly Revenue Below Estimates

Amazon.com forecast second-quarter revenue below Wall Street expectations, as it expects tepid spending from cost-conscious businesses on its cloud-computi...