The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.
Amazon is one of the largest e-commerce platforms in the world, with over 200 million active users and 12 million products available. Every minute, more than 4,000 items are sold in the U.S. alone. For businesses,
Amazon has no challenger in e-commerce, and it also has unprecedented opportunities in generative AI. Costco has a reliable membership model that breeds loyalty, and it also pays a dividend. Costco stock is more expensive than Amazon stock.
Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The Amazon has agreed to acquire Indian buy now pay later startup Axio.
Amazon.com, Inc. (NASDAQ:AMZN), the global e-commerce and cloud computing giant with a market capitalization of $2.32 trillion, continues to dominate its core markets while expanding into new territories.
Amazon is responsible for the recall of hundreds of thousands of dangerous products it distributed, including providing refunds, the Consumer Product Safet
Amazon (NASDAQ: AMZN) has certainly made early investors rich. An investor that put just $451 in the business back at the initial public offering would see that balance worth $1 million right now. This is a much better gain than what the Nasdaq Composite Index produced.
Amazon (NASDAQ: AMZN) ended 2024 on a high note, up 44% in 52 weeks. Let's see where Amazon might be five years from now. Amazon has been steadily gaining market share in e-commerce over the past few years,
Indian fintech firm Axio announced that it has been acquired by Amazon after a multi-year partnership with the e-commerce giant.
A company spokesperson told Business Insider that about 200 employees are affected by the move.
Amazon just joined Meta, Walmart and a host of other firms in trimming back its diversity, equity and inclusion initiatives amid activist pressure to end the programs.
Wall Street's banner year in 2024 lifted a bunch of stocks to record highs -- including Amazon (AMZN), which hit a new high of $233 on Dec. 16, 2024. Shares of the online retail giant have