Amazon triples profit, but shares slide (Update)
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected.
Online giant Amazon said Thursday its profits more than tripled in the third quarter, but shares fell as the rise was weaker than expected.
Business
Oct 27, 2016
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Apple says it has been buying Apple chargers and cables labeled as genuine on Amazon.com and has found nearly 90 percent of them to be counterfeit.
Business
Oct 20, 2016
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Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of challenging online leader Amazon.
Business
Aug 8, 2016
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Instilling trust among first-time customers has been a problem for online retailers since the dawn of e-commerce. Now research shows that sometimes the simplest of fixes can reassure would-be buyers.
Economics & Business
Aug 2, 2016
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Before online shopping, if a store didn't carry the item you wanted it could take days or weeks to get it, if the store would even make a special order. That was then. Now, there's no reason for retailers not to take advantage ...
Economics & Business
Aug 1, 2016
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Online giant Amazon said Thursday profit in the second quarter surged ninefold to $857 million, lifted by cloud services as the tech giant expanded its offerings.
Business
Jul 28, 2016
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Online retail giant Amazon said on Thursday it will donate the profits from the online purchase of a tune released by the far-right anti-migrant PEGIDA movement to refugees in Germany.
Business
Jan 1, 2016
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Jet.com, a well-funded US startup which aims to shake up online retailing with new ways to cut prices, is set for launch next week, its chief executive said.
Business
Jul 14, 2015
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Chinese e-commerce giant Alibaba has acquired a more than nine-percent stake in US online retailer Zulily, according to regulatory papers.
Business
May 9, 2015
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Amazon moved Tuesday to become an errand service for home staples, introducing a "dash button" to allow consumers to instantly order popular products for home and kitchen.
Business
Mar 31, 2015
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