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Oct 17, 2017
Netflix adds more subscribers in Q3 than expected by Wall Street forecasts; shares touch record highFor the third quarter, Netflix added 5.3 million subscribers in all its markets, compared with Wall Street’s target of 4.5 million, according to FactSet.
Oct 13, 2017
Amazon Studios chief, Roy Price suspended following harassment related allegationsPrice’s removal creates uncertainty about the studio’s direction when Amazon is investing more on video content than ever before, some $4.5 billion this year.
Oct 13, 2017
PhonePe receives major investment commitment of $500 million from FlipkartThe commitment is in addition to the USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015, Flipkart said in a statement.
Oct 12, 2017
Amazon to hire 120,000 workers in US this holiday seasonU.S. shoppers will spend between $678.75 billion and $682 billion on holiday shopping this year, a growth of 3.6 percent to 4 percent over last year.
Oct 07, 2017
Rumours of Amazon entering the pharmacy industry leads to a drop in shares of drug retailersAmazon is reported to be in discussions with mid-market pharmacy benefit managers and has been hiring talent to assess the drug retailing market for its entry, brokerage firm Leerink analyst Ana Gupte wrote in a note to clients.
Sep 30, 2017
Amazon's Echo Connect will connect to your landline and let you make voice calls to non-Alexa usersUnlike the previous modes of calling, where voice calls could be made from one Alexa user to another Alexa user. The same does not include here.
Sep 27, 2017
Amazon claims that Google has pulled YouTube from Echo Show device without any notificationAmazon.com said on Tuesday its Echo Show devices could no longer play videos from YouTube because the site’s parent, Google, stopped supporting the service.
Sep 25, 2017
Lazada to sell items from Alibaba's Taobao marketplace to expand reach in Southeast AsiaOnline retailer Lazada Group said it will sell select items from Alibaba Group Holding Ltd’s Taobao marketplace in three more countries in Southeast Asia.
Sep 24, 2017
Shoppers prefer products with more reviews over high ratings on ecommerce platforms: StudyBy examining a large dataset of reviews from Amazon.com, the researchers were able to build a statistical model of how people should choose products.
Sep 22, 2017
Amazon reviewing website after bomb making products found under investigation“Frequently bought together” and “Customers who bought this also bought” features on Amazon could help users buy the ingredients to make a bomb.