As Jack Ma goes on a US charm offensive, does Alibaba pose a real threat to Amazon and Ebay? June 10, 2015 Mike van Dulken, head of research at Accendo Markets, says Yes In terms of sheer size, accounting for 80 per cent of all Chinese online shopping, with volume growth easily outstripping rival internet retailers thanks to 1bn items on offer to 350m buyers, and with 30m shipments made per day, fast-growing behemoth Alibaba represents a [...]
Amazon figures lifted by North American sales April 23, 2015 AMAZON.COM reported higher-than-expected revenue in the first quarter as sales jumped in North America, the e-commerce giant’s biggest market. Revenue rose 15 per cent to $22.7bn (£15.08bn), the company said yesterday. Analysts had, on average, expected revenue of $22.39bn. Sales from North America climbed 24 per cent to $13.4bn in the first quarter ended 31 [...]
Amazon and HarperCollins agree publishing deal settling ebook pricing row April 14, 2015 Amazon and publisher HarperCollins have settled a long-running battle over the pricing of digital editions of its books. The NewsCorp-owned publisher and online retailing giant have agreed that HarperCollins can set its own prices for ebooks sold through Amazon although there will be incentives for it to set lower prices for consumers, the Wall Street [...]
These tech companies offer the best junior salaries: Linkedin, Amazon, Microsoft April 9, 2015 Career starters with a head for stats, a passion for code, and a burning desire to take home a hefty pay cheque should consider roles at companies like LinkedIn and Amazon over their trendier rivals such as Google. Research by salary benchmarking site Emolument.com shows software and internet-focused companies offer young employees higher salaries, with hardware firm [...]
Amazon moves drone testing to Canada after US takes too long to grant licence March 30, 2015 Tech giant Amazon appears to have followed through on its threat to move futuristic drone testing out of the US, after complaining of excessive red tape. The company is testing drones just across the border in Canada. It plans on using the unmanned flying machines to deliver goods ordered through its website. Just last week, Amazon [...]
Amazon is launches Home Services in the US – here are some of the most random things you can order March 30, 2015 Amazon has come a long way from starting as an online book store 20 years ago – from today, people in the US can buy professional help via its website. The e-commerce giant has launched its Home Services site, which spans 700 different services ranging from installation to rubbish disposal. Help will be on [...]
Is UK online fashion retailer Net-a-Porter about to be bought by Amazon? March 27, 2015 Is Amazon planning to get into high-end fashion retailing? The US tech giant is reportedly in talks to acquire Net-a-Porter, the British online luxury fashion retailer. It would be a bold move for Amazon, which already has clothing categories on its site – although many of the listings tend to feature the word "polyester". According [...]
Is economic growth stimulated by tech platforms? Amazon’s UK boss believes so March 24, 2015 Thirty years after the first dot com website was registered, one of the most exciting developments in the internet revolution is the way technology platforms are enabling entrepreneurs of every type and size. Technology platforms are all around us. Retail platforms like Amazon Marketplace, eBay and Not on the High Street enable brands and sellers [...]
There’s no business like e-business: Amazon Local takes on Ticketmaster with West End ticket offers March 23, 2015 Amazon has moved into ticketing after launching offers to West End shows on its daily deals website today, putting it head-to-head with established players such as Ticketmaster and See Tickets. As part of its latest Amazon Local expansion, the internet retailer will now also offer tickets to all 48 shows in the West End including [...]
So meta: Amazon just opened an online store on Alibaba March 6, 2015 Amazon and Alibaba may be a hair away to declaring themselves official arch-nemeses, but that hasn't prevented the US online retail giant from making the most of the opportunities presented by its rival. Amazon has opened a shop on Alibaba's Tmall, the Chinese tech giant's equivalent of, er, Amazon. What does it all mean? Amazon's [...]