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Amazon news

04 October 2018
Amazon has created a new packaging initiative to help reduce waste and improve efficiency. Frustration-free packaging (FFP) As part of the initiative, Amazon will require certain products to arrive at fulfilment centres in certified, Frustration Free Packaging.  FFP is easy to open, recyclable, and designed so that products can be shipped in their original packaging to minimise waste. Th...
24 September 2018
Amazon has launched operations in Turkey, offering products across 15 categories. Categories being sold include electronics, personal care, books, telephone, computer and office, video games, sports and outdoor, home, and baby. This launch marks Amazon’s seventh market in Europe, and sixteenth globally. Amazon will offer products to Turkish customers from more than a thousand local busin...
20 September 2018
Amazon has launched a new section of its site that only features products from small businesses. Storefronts lists more than one million products from small businesses. Partnership with small businesses Amazon’s Storefronts features a selection of products from nearly 20,000 US-based small businesses. This new section will promote smaller companies with video features, stories profili...
19 September 2018
Since its launch in 2015, Amazon’s business-to-business online marketplace is now worth US$10.0bn. A go-to source for industry supplies Amazon Business provides industry supplies to businesses, as well as institutions including schools, hospitals and governments. Launched in 2015 in the US, the business service now also operates in UK, Germany, France, Japan, Italy, Spain and India. Expa...
17 September 2018
Amazon Global Store has launched on Souq in Saudi Arabia. We look at this development in more detail and what it means for Amazon and ecommerce in the Middle East. Developing Souq’s offering Since Amazon acquired Souq in March 2018 their relationship has  evolved further . This has included expanding Souq’s range of goods, adding AmazonBasics private label and improving its delive...
14 September 2018
After announcing plans to partner with Amazon in March 2018, Monoprix has officially made its products available through the Prime Now service in France. A variety of products listed Shoppers are now able to order Monoprix products using the Amazon Prime Now service. More than 6,000 products, including 1,500 of Monoprix’s own brands, are available to choose from. The products include ...
07 September 2018
Amazon is the first to offer its service in Hindi, the most widely spoken language in India. Leading the way Shoppers are now able to choose the Hindi language on Amazon's mobile site or android app. This will soon be extended to its desktop and Apple mobile app. The retailer will be able to reach non-English speakers ahead of its key competitors. Flipkart, Paytm Mall and Snapdeal do not ha...
05 September 2018
Amazon has become the second trillion-dollar company, just weeks after tech rival Apple achieved the valuation. Stock prices rose by 1.7%, putting the Amazon market value at just over $1 trillion. Strong performance this year Amazon has seen a strong performance so far this year. Amazon reported a net sales increase of 39% to $59.2 billion for the second quarter. Operating income rose...
05 September 2018
Following the opening of the second Amazon Go location in Seattle last week, Amazon has launched its third store in the city. The new store is located in one of Amazon's office buildings in the South Lake Union area, and is the largest Amazon Go concept so far. The largest Go store yet According to the Seattle Times, the store stands at 2,100 sq ft, making it over 15% larger than t...
04 September 2018
Amazon India partners with private equity firm to buy India’s fourth largest grocery chain. Amazon India boosts its omnichannel strategy In July, we reported that private equity firm, Samara Capital, was in talks to buy Aditya Birla’s grocery retail chain More. It has now emerged that the bid is a partnership between Samara Capital and Amazon India. Expected to be completed within the next ...