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February 2020
Marijana
Posted at: 18 Feb 2020
Amazon starts work on new logistics centre in Corvera

Amazon has started construction on a 55,000 sq metre logistics centre on the Parque del Sureste, next to Corvera airport, which will serve as it’s distribution platform for the southeast area of ​​the country. After levelling the site, the first pillars were installed last Tuesday with the infrastructure expected to be ready in the next three months. When the centre opens it could create about

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Marijana
Posted at: 11 Feb 2020
Bezos’s Sales of Amazon Stock Reach $3.45 Billion in a Week

Stock disposals by Amazon.com Inc.’s founder and chief executive officer over the past week have reached 1.7 million shares, or $3.45 billion, according to the latest round of regulatory filings. The stock has ticked higher regardless, gaining 9.6% since Jan. 30, the day before his sales began. The transactions are part of a pre-arranged trading plan. An Amazon spokesman declined to comment. That brings Bezos’s

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Marijana
Posted at: 04 Feb 2020
Amazon announces that sales are up 21%

Amazon have announced in their fourth quarter that sales are up 21% to $87.4 billion. Operating cash flow increased 25% to $38.5 billion for the trailing twelve months. Third-party seller services have accelerated Over the last year Third-party seller services have seen considerable growth. They have risen from 23% in Q1 to 31% in Q4, if you’re a third party seller and you’re not seeing

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Marijana
Posted at: 03 Feb 2020
Amazon says it now has more than 150m Prime members as it reports a 20% lift in full-year sales

Amazon said overnight that its paid-for Prime subscription scheme now has more than 150m members around the world. The update came as it reported full-year and fourth quarter sales both up by a fifth as more customers joined Prime in a quarter than ever before. The online retail giant, ranked Elite in IRUK Top500 research, reported net sales up by 20% to $280.5bn in its

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January 2020
Marijana
Posted at: 30 Jan 2020
Amazon Ads Benchmark Report for Q4 2019

Ahead of Amazon’s Earnings call this week, Tinuiti has released The Amazon Ads Benchmark Report for Q4 2019. Using anonymized same-client samples derived from more than $400 million in Amazon ad spend under management, the report examines key trends in Amazon Advertising and explores where brands are investing on the platform.- including Amazon DSP, Sponsored Brands and Sponsored Products. Tinuiti’s report reveals the continued growth of

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Marijana
Posted at: 28 Jan 2020
Amazon Employees Escalate Climate Challenge to Management

More than 350 Amazon.com Inc. employees contributed public statements focused on the company’s climate practices, defying company policy and escalating a feud between management and a coalition of concerned workers. The employees’ comments, posted to Medium on Sunday, come a few weeks after it emerged that Amazon had threatened workers who had talked to the Washington Post with disciplinary action or termination if they continued

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Marijana
Posted at: 26 Jan 2020
Amazon Music Has Over 55 Million Listeners, and It’s Growing Fast

Amazon (NASDAQ:AMZN) introduced a streaming music library for Prime members all the way back in 2014. It actually beat Apple (NASDAQ:AAPL) to the market by about a year, in its efforts to capitalize on the sensation and type of service Spotify (NYSE:SPOT) eventually popularized. But it’s only in the last couple years that Amazon has started focusing on the potential for its music streaming service.

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Marijana
Posted at: 23 Jan 2020
Amazon Probably Had a Very Happy Holiday Shopping Season

Amazon (NASDAQ:AMZN) already announced it had a record holiday season. But in true Amazon form, the company said a whole lot without giving any details at all. As quarterly reports from competing retailers trickle in, some bigger competitors provide pre-release updates, and market research groups provide their own estimates, it’s been impossible not to notice Amazon’s impact on the industry. All signs point to a

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Marijana
Posted at: 21 Jan 2020

Amazon AMZN has removed the ban, which was temporarily put on the usage of FedEx’s FDX ground delivery network for its Prime shipments that require superfast delivery speed. Notably, third-party sellers were unable to use the service for about a month during the peak holiday season as Amazon was of the opinion that the network was very slow. However, Amazon has witnessed improvement in the

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Marijana
Posted at: 18 Jan 2020
Amazon to invest $1 billion to help digitize small businesses in India

India welcomed Jeff Bezos this week with an antitrust probe. On top of that, thousands of small merchants who typically compete with one another are beginning to gather across the country to hold a protest against the alleged predatory practices by the e-commerce giant. But Amazon founder and chief executive’s love for one of the company’s most important overseas markets remains untainted. At a conference

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January 2020

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