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Amazon wins US$1.5 bln tax dispute over Luxembourg unit

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

Bill Gates again tops Forbes rich list; Trump slips 220 spots

... 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

Unlocking FinTech opportunities in the mobile payments era

... , 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

Why US print media is suddenly showing signs of recovery

... 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

Amazon to create 5,000 more jobs in Britain

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

Globalization advances in a more digital way

... 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

Microsoft seeks exception program on Trump travel ban

...  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

Who would be crazy enough to hold Amazon for two decades?

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

Thai grilled pork chop with recipe

... 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 reports best holiday yet with record orders for Echo

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

Bill Gates joins Jack Ma, others for clean-tech fund

... 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 opens line-free grocery store, challenges supermarkets

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

Pilots strike at cargo airline serving Amazon, DHL

Pilots at ABX Air, an express cargo airline that serves online retailer Amazon.com Inc. and DHL Express, have gone on strike at a critical time for retailers with the holiday shopping season about to ...More

EJ Insight2016-11-23

Why US tech fall on Trump’s victory is unjustified

... net firms Amazon, Google, Facebook and Apple leading the fall. Even Chinese internet companies including Alibaba and Tencent have weakened. Trump opposes cheap foreign labor in the IT sector and wants ...More

EJ Insight2016-11-17

How Donald Trump could shake up Silicon Valley

... s such as Amazon, Google, Facebook and Twitter embrace globalization and are aggressively expanding into overseas markets while Trump has been mouthing anti-globalization rhetoric. Also, Silicon Valle ...More

EJ Insight2016-11-14

Leshi founder admits to cash crunch after unbridled expansion

...  likes of Amazon and Google. The fancy visions sent Leshi's share price soaring and its market cap hitting the 200 billion yuan level last year. To finance his growing empire, Jia engaged in several d ...More

EJ Insight2016-11-10

Amazon launches new music streaming service

Amazon.com Inc. has launched a full-fledged music streaming service with subscriptions as low as US$3.99 per month for owners of its Amazon Echo speaker. The new streaming service, Amazon Music Unlimi ...More

EJ Insight2016-10-13

Peru throws cold water on Chinese railway plan

... his trans-Amazonic train has very high costs, it could have environmental impacts and we have to look at that carefully," Kuczynski said. Peru and its top trade partner China agreed to study the feasi ...More

EJ Insight2016-09-14

Why Amazon may take more time to make big money

It seems that internet giant Amazon can do no wrong. The company not only dominates the e-commerce industry and keeps expanding its online sales at double-digit pace, it also has a rapidly expanding c ...More

EJ Insight2016-08-17

Can acquiring Jet.com help Walmart win battle against Amazon?

... rm behind Amazon, eBay and Walmart’s own online shopping site. Jet.com has built a successful business model through bulk buying. Customers are encouraged to add various tagged items to their shopping ...More

EJ Insight2016-08-11

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