In an effort grow its presence in the hospitality space, Amazon has partnered with Marriott International to bring Alexa to the company’s hotels. The popular voice assistant will help guests with tasks, such as ordering room service or asking for housekeeping, without the need to...
A year after Amazon bought Whole Foods in a $13.5 billion deal, the big winner of the acquisition so far has turned out to be Amazon Prime Members. According to a report in the Wall Street Journal, Whole Food stores are giving lots of perks...
Amazon India announced on Wednesday (June 13) the launch of its Seller Lending Network, providing merchants on Amazon.in loans from third-party lenders. According to a report in The Hindu, the move expands on the Seller Lending program that the online retailer launched in 2016. Amazon said that with...
Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. According to Bloomberg, the retail group that helped sign multimillion dollar deals with brands selling on Amazon is now being merged with...
Reports surfaced that Amazon is considering getting into the home insurance game, sending shares of some insurance companies down briefly on Wednesday (June 6). According to The Information, the eCommerce giant is considering offering home insurance in collaboration with its development work on robots and...
It’s not exactly a secret that Amazon’s ambition for Alexa’s eventual reach ranges much, much farther than the Echo series of smart speakers. The last year has seen stepped-up efforts to bring Alexa to cars, smart homes, businesses and security systems. Amazon’s vision for Alexa is nothing if not wide-ranging. Yesterday, that...
With the ongoing success of firms like Ulta and Sephora, perhaps it was only a matter of time before Amazon jumped in the game with an entrant of its own. And, if reports are accurate, Amazon may be looking to open up just such an independent...
After committing $5 billion to investments in India, Amazon reportedly wants to increase its investment by $2 billion. With the additional capital, the eCommerce retailer could better compete with Walmart in India, CNBC reported. “Amazon has had its eyes and ears firmly on the ground and...
With SunTrust Robinson Humphrey projecting that Amazon’s private label business could see revenues of $25 billion by 2022, SunTrust analyst Youssef Squali said the venture could send shares up more than 21 percent over the next year. As a result, he increased his price target...
