Amazon boss Jeff Bezos may soon become the world's richest man given the pace of gain in his company's share price. From its beginnings as an online bookstore to the current phenomenon as an e-commerc ...More
EJ Insight2017-05-10
A surge in after-hours trading for Amazon.com Inc. added US$3.3 billion to the fortune of Jeff Bezos, putting him less than US$5 billion away from becoming the world’s richest person, Bloomberg report ...More
EJ Insight2017-04-28
Amazon.com Inc. has created a team focused on driverless-vehicle technology to help navigate the retail giant’s role in the shake-up of transportation, the Wall Street Journal reports, citing people ...More
EJ Insight2017-04-25
... rket from Amazon.com Inc., the Wall Street Journal reports. Flipkart, which was started in 2007 by two former Amazon employees, said Monday that the new investment values the Bangalore company at US$1 ...More
EJ Insight2017-04-11
... osoft and Amazon took the top four positions, while Facebook was in the sixth place. As of Wednesday, Warren Buffett's Berkshire Hathaway Inc. ranked fifth on the list. The others in the top 10 list w ...More
EJ Insight2017-04-07
The personal wealth of Jeff Bezos, founder and chief executive of Amazon.com, has surpassed that of Zara’s Amancio Ortega and legendary investor Warren Buffett, and he is now the second richest person ...More
EJ Insight2017-04-07
Amazon.com founder Jeff Bezos said he is selling about US$1 billion worth of the internet retailer's stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11 ...More
EJ Insight2017-04-06
Amazon has clinched an agreement to acquire 100 percent of Souq.com, the Middle East's biggest online retailer, for an undisclosed amount. The deal, which will help Amazon expand its reach in a key ma ...More
EJ Insight2017-03-29
Amazon.com Inc. on Thursday won a US$1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the US Tax C ...More
EJ Insight2017-03-24
... year ago. Amazon founder Jeff Bezos moved up to number three, with the biggest gain of any person on the list, as his fortune jumped US$27.6 billion to US$72.8 billion, Agence France-Presse reports. F ...More
EJ Insight2017-03-21
... , such as Amazon's One-Click Buy and Visa Checkout, reduce the visibility of transactions. Uber is an excellent example of payments disappearing into a richer and more valuable commerce experience, an ...More
EJ Insight2017-03-21
... ycoon and Amazon founder Jeff Bezos bought the Washington Post. But unlike those who take a dim view of the print media, he did not give up the newspaper’s print edition. Clearly, he understands that ...More
EJ Insight2017-03-01
Online retailer Amazon is set to create more than 5,000 jobs in Britain this year, boosting its investment in the country once more even as it prepares to leave the European Union. Amazon, along with ...More
EJ Insight2017-02-21
... ibaba and Amazon enable even small-scale entrepreneurs to connect directly with customers and suppliers around the world, transforming themselves into “micro multinationals”. Facebook estimates that 5 ...More
EJ Insight2017-02-09
... Inc. and Amazon.com Inc. have been vocal in their opposition to Trump’s order, arguing that they rely on workers from around the world to create their products and services. Amazon and Expedia Inc. f ...More
EJ Insight2017-02-03
This year is the 20th anniversary of Amazon as a listed company. If someone invested a dollar in the e-commerce giant in 1997, that one dollar would be worth more than US$380 today, an annual compound ...More
EJ Insight2017-01-06
... es in the Amazon rainforest. Considering its source, palmito is rare, which is why it is dubbed the King of Vegetables. Palmito is ranked alongside olive oil and nattō as healthy ingredients, thanks t ...More
EJ Insight2016-12-30
Amazon.com Inc. said it had its best holiday season yet, having shipped more than one billion items through its Prime and Fulfillment services, and receiving a record number of orders for its own Alex ...More
EJ Insight2016-12-28
... ported by Amazon Chief Executive Jeff Bezos and LinkedIn Chairman Reid Hoffman, among others, according to the report. The venture is an offshoot of a larger group called the Breakthrough Energy Coali ...More
EJ Insight2016-12-13
Amazon.com Inc. has opened a brick-and-mortar grocery store in Seattle without lines or check-out counters. The move kicks off new competition with supermarket chains, Reuters reports. Amazon Go, the ...More
EJ Insight2016-12-06
