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Amazon's Whole Foods deal clears regulatory, shareholder hurdles

Amazon.com Inc. and Whole Foods Market Inc. cleared two major hurdles needed to close Amazon's US$13.7 billion acquisition of the natural grocery chain, with approvals from a US competition regulator ...More

EJ Insight2017-08-24

Amazon sued by transgender woman, husband for harassment

A transgender woman and her husband are suing Amazon.com Inc., accusing the company of subjecting them to severe harassment and physical threats when they both worked at the retailer's warehouse in Ke ...More

EJ Insight2017-08-10

What eSports need to get into the mainstream

... ites like Amazon-owned Twitch, as well as China-based Huya, a subsidiary of Chinese video-based social network YY Inc. Popular games in eSports include Tencent-owned League of Legends and King of Glor ...More

EJ Insight2017-08-09

What net neutrality means for investors

... s such as Amazon Video and Hulu (7 percent). Yet, the cost of carrying this traffic is "socialized" across the entire industry. Hence carriers want to address this imbalance. The stakes are high – in ...More

EJ Insight2017-08-09

AI handset that keeps your secrets safe triggers data fight

... tans like Amazon (No. 3) and Google (No. 5), but ahead of Chinese tech giants like Tencent (No. 8). Established in 1999, Iflytek is a Chinese pioneer in artificial intelligence (AI) research and devel ...More

EJ Insight2017-08-08

Bollywood lures Apple, Amazon and Netflix in Eros library sale

Indian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, Reuters reports, citing a source familiar with the matter. Global content stream ...More

EJ Insight2017-08-08

China regressing to a state of information seclusion

... om Apple, Amazon also heeded Beijing's call. Banning VPN apps literally means depriving people in the mainland of their last remaining tool to gain free access to the internet. From now on nobody on C ...More

EJ Insight2017-08-07

Cheap valuation no longer key in the new era

... ssed what Amazon has done to the retail industry. In that case, when communicating with investors, corporate executives need to tell investors how they can survive the fast-changing technology and thr ...More

EJ Insight2017-08-01

The curse of the richest

... Facebook, Amazon, Netflix and Google) have skyrocketed in recent years, the antitrust issue has also become a major concern of their investors. US President Donald Trump, during last year's election c ...More

EJ Insight2017-07-31

Amazon market cap crosses half a trillion

Amazon.com's market capitalization crossed half a trillion dollars on Wednesday as the e-commerce giant's shares closed above the US$1,050 level in New York trading, hitting a new record. The market v ...More

EJ Insight2017-07-27

FTC probing allegations of Amazon's deceptive discounting

As part of its review of Amazon's agreement to buy Whole Foods, the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, Reuters reports, ci ...More

EJ Insight2017-07-21

Character lessons from Xiaomi's Lei Jun

... s sold to Amazon for US$75 million in 2004. And he started UCWEB, which was acquired by Alibaba for US$4.35 billion in 2014. Having created a number of successful startups, Lei serves as a clear examp ...More

EJ Insight2017-07-10

Alibaba launches 'Tmall Genie' voice assistant

... s such as Amazon and Google, whose offerings range from US$120 to US$180, Reuters reports. The devices are activated by voice commands to perform tasks, such as checking calendars, searching for weath ...More

EJ Insight2017-07-06

Meet tech giants’ mortal enemies: law and order

... ed out at Amazon on Twitter following a story he didn't like in the Washington Post, which is owned by Amazon CEO Jeff Bezos. He accused the online retailer of not paying “internet taxes”, although it ...More

EJ Insight2017-07-05

Tencent's online publishing unit files for Hong Kong IPO

... s akin to Amazon's Kindle Store, operating a platform with 8.4 million literary works from 5.3 million writers. The firm saw revenues jump 59 percent last year to 2.6 billion yuan (US$377 million), he ...More

EJ Insight2017-07-04

Nike steps up online push with Amazon deal

Nike, the world's largest footwear maker, has confirmed a partnership with Amazon. Nike unveiled on Thursday a pilot program to sell certain products on the tech giant’s online platform. Nike chief ex ...More

EJ Insight2017-07-03

Google fined US$2.7 bln by EU for skewing search results

... ce giants Amazon and eBay, Walker said. He added that European regulators also erred in not considering Amazon and eBay as online-shopping competitors to Google. The EU’s fine is more than double wha ...More

EJ Insight2017-06-28

Will Travis Kalanick stage a comeback?

... lon Musk, Amazon's Jeff Bezos and Alibaba's Jack Ma all have very strong personalities. Let's just wait and see if Kalanick will stage a comeback. This article appeared in the Hong Kong Economic Journ ...More

EJ Insight2017-06-23

Who benefits from Amazon's Whole Foods coup?

Amazon’s US$1.37 billion deal to acquire Whole Foods Market (WFM) initially led to a heavy sell-off of traditional retailers, which might have been worsened by options-related activities. However, the ...More

EJ Insight2017-06-20

New retail vs old retail

Amazon said last Friday it would spend US$13.7 billion to acquire grocery chain Whole Foods Market Inc., marking the largest deal for the e-commerce giant which now has a market value of US$480 billio ...More

EJ Insight2017-06-20

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