The American online retailer aims to expand its fulfillment center network to speed up its deliveries. Amazon keeps increasing its US fulfillment centers, announcing on 27th May 2016 that it would set up its new center in Joilet, Ill. That…

Amazon India has announced to double its authorized capital from INR 8,500 in February to INR 16,000. Amazon Inc. is heavily investing in its global operations whose main target is to strengthen its position in the Indian e-commerce market…

Amazon emailed its Irish and British customers about the faulty Fire tablet chargers and is offering free replacement amid safety fears. Amazon Inc. values its customers irrespective of the Prime membership and cares about them. Recently, …

Netflix unveiled Spinnaker that would deploy software codes on machines running on Amazon cloud. It is known that Amazon’s cloud computing business is one of the biggest in the industry. In fact, it is one of the power houses in the sector…

Amazon shuts down two of its operations due to failures of the platforms. Amazon was reported to face loss in two of its operations: daily-deals coupons unit and credit card processing. Hence, it has made an announcement to shut down both …

Amazon is all set to join the 'gig' economy as per the Wall Street Journal. Amazon.com is launching its new service by the name of Amazon Flex which is a delivery service today in Seattle. The American retailer will be using independent co…

The retail giant bring its Dash Button that allows its Prime users to order toiletries, kitchen accessories and other consumer products. Amazon launched its Dash Device service back in March which was available to a small number of people,…

Amazon has launched its new Cloud App which is said to be worst work of the company. Amazon Inc. is one of the biggest online retailers in the United States. The company offers a list of diversified products on its virtual marketplace. In …

UBS has upgraded Amazon to Buy and has also raised its price target on the company’s stock from $450 to $550. Eric J. Sheridan an analyst at UBC has raised Amazon.com Inc. stock to Buy from Neutral. The analyst is of the view that the comp…