Technology - Amazon

Amazon Posts Biggest Profit Ever At Height Of Pandemic In US

Amazon.com Inc has posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged duri...

Will Investors Look Past Amazon's COVID-19 E-Commerce Costs?

Investors' penchant for prioritising growth over profit at Amazon.com Inc will be put to the test on Thursday, when investors absorb the impact of second-q...

Amazon Steps Up Challenge In UK Grocery Delivery

Amazon will begin fast and free deliveries of groceries in London on Tuesday, with the aim of rolling out the service across the United Kingdom by the year...

Amazon Launches 'Programe e Poupe' Grocery Platform In Brazil

Amazon has launched a subscription-based programme for the purchase of everyday grocery items including food, beverages and hygiene products in Brazil....

Amazon Agrees To Buy Self-Driving Startup Zoox For Over $1bn: Report

Amazon.com Inc has agreed to pay over $1 billion to buy self-driving startup Zoox Inc, according to a report in The Information, citing sources, in a move...

UK Watchdog Affirms Provisional Blessing For Amazon's Deliveroo Deal

Britain's competition regulator has affirmed its provisional clearance of Amazon's purchase of a 16% stake in online delivery group Deliveroo but changed t...

Amazon Pledges $2bn Venture Capital Fund To Invest In Clean Energy

Amazon.com Inc has announced that it is to launch a $2 billion venture capital fund that will focus on technology investments to reduce the impact of clima...

Amazon Signals Entry Into Alcohol Delivery In India With Nod In Key State

Amazon.com Inc has secured clearance to deliver alcohol in India's eastern state of West Bengal, according to a document seen by Reuters, signalling the US...