Amazon: latest news, analysis and trading updates | ESM Magazine

Amazon Reducing Its Private-Label Items As Sales Fall: Reports

Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street Journal has reported, citing people...

US Online Sales During Amazon's Prime Day Jump To $12bn: Report

US online sales during Amazon.com Inc's Prime Day shopping event jumped 8.5% from last year to nearly $12 billion, as inflation-hit Americans pounced...

Amazon Offers Concessions To End EU Antitrust Investigation

Amazon has offered to refrain from using sellers' data for its own competing retail business and boost the visibility of rival products on its platform, EU...

Amazon Teams Up With Just Eat On US Food Delivery

Amazon has agreed to take a 2% stake in Just Eat Takeaway.com's U.S. meal delivery business Grubhub, and will offer its Prime members access to the service...

Amazon To Add 2,000 Jobs To Its Spanish Payroll In 2022

US online retailer Amazon plans to add 2,000 new jobs to its Spanish payroll in 2022, the company's local unit said.

French Retailer Casino, Amazon Tribes Offered Mediation Over Deforestation Row

A French judge has proposed mediation in a legal dispute between retailer Casino and indigenous groups from Brazil over the former's links to Amazon defore...

Amazon Results And Outlook Fall Short As Warehouse, Fuel Costs Soar

Amazon.com has delivered a disappointing quarter and outlook, with the e-commerce giant swamped by higher costs to run its warehouses and deliver packages...

Amazon Not Adding Cryptocurrency As Payment Option Anytime Soon, CEO Says

Amazon.com Inc chief executive officer Andy Jassy said the e-commerce giant is not close to adding cryptocurrency as a payment option to its retail busines...