Investment bank Goldman Sachs has released a super bullish note on Amazon stock (AMZN), and raised its 12-month price target to $2, 900.
Amazon confirms a major outbreak of COVID-19 at a NJ warehouse after employee says 30+ are infected, as Amazon is set to end unlimited unpaid time off April 30 (Charles Davis/Business Insider)
By Charles Davis / Business Insider. View the full context on Techmeme.
While Netflix, Amazon, and Walmart have thrived, airlines, cruise line operators, and other companies in the hospitality industry have taken a beating during the COVID-19 pandemic.
Amazon’s globetrotting CEO Jeff Bezos has been pulled back into the company’s day-to-day operations by the coronavirus, according to a new report. The 56-year-old Bezos — who in r…
The probe's findings directly contradict Amazon's previous messaging around how it uses third-party seller data.
Amazon’s stock has exploded in 2020, being one of the few companies poised to thrived during the COVID-19 epidemic. But apparently, there is yet more fuel in the tank.
Sources: Amazon employees often consulted sales info on third-party vendors when developing private-label merchandise, contrary to assertions to Congress (Dana Mattioli/Wall Street Journal)
By Dana Mattioli / Wall Street Journal. View the full context on Techmeme.
Amazon launches Local Shops on Amazon in India, a program to let customers find and buy products from 5,000 participating local shops across 100 cities (Manish Singh/TechCrunch)
By Manish Singh / TechCrunch. View the full context on Techmeme.
US-India advocacy group urges govt to allow Amazon, Flipkart, others sell books, fans under lockdown
The government in its latest notification had included ‘shops of educational books for students’ and ‘shops of electric fans’ under the list of exempted essential businesses during the lockdown.
Amazon is partnering with Second Harvest Food Bank of Middle Tennessee to make contactless deliveries to underserved communities amid the ongoing public health crisis.
Google Shopping opens up for merchants just as they seek more connection to customers amid pandemic. Google keen to counter Amazon’s advertising rise.
Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global ecommerce journey with investing $5. 7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on ecommerce behemoth Amazon and Walmart in the long run.
Amazon CEO Jeff Bezos has done well during the COVID-19-inspired economic crisis, with a net worth increase of $24 billion during Q1 of 2020. This is more than Ethereum’s entire market capitalization.
Consumers sued Amazon, alleging violation of state consumer-protection laws by price-gouging during the COVID-19 pandemic, according to Hagens Berman.
Shares of Amazon. com Inc. undefined rallied 2.2% in morning trading Wednesday, after Wedbush analyst Michael Pachter raised his stock price target close to...