Amazon: Latest News
First Amazon profit drop in two yearsSubscription
Operating profit at Amazon dropped 13.5% to $3.2bn (£2.5bn) year on year in the three months to 30 September, as it continues to invest heavily in one-day shipping.
Amazon sales soar but profits miss expectationsSubscription
Ecommerce juggernaut Amazon has reported a 20% rise in worldwide sales to $63.4bn (£50.9bn) for its second quarter, ending 30 June 2019. While profits also rose, they failed to hit analyst expectations.
EU to probe Amazon's use of sellers' dataSubscription
The European Union’s competition regulator has launched an investigation into Amazon over concerns that it is using its sellers’ data to gain a competitive advantage.
Amazon reveals Prime Day fashion discountsSubscription
As part of its annual Prime Day promotion, Amazon is offering up to 55% off footwear, clothing and fashion accessories until 16 July, as part of its “biggest ever” event.
Amazon launches photo search Subscription
Amazon has unveiled a new feature in its app which finds clothes by analysing an uploaded photo.
Is Amazon the saviour of the high street?Subscription
Online giant Amazon has thrown its considerable weight behind a series of pop-ups across the UK. Drapers analyses the impact
Amazon backs pop-ups on UK high streetSubscription
Amazon has thrown its weight behind a new pop-up project called Clicks and Mortar, which enables small and medium-sized online companies to sell their products on the high street.
Amazon is partnering with global influencers to launch its new limited edition fashion concept, The Drop.
Amazon launches click and collect in NextSubscription
Amazon has launched its latest click-and-collection initiative, Counter, which allows shoppers to pick up parcels at retailers including Next.
Amazon profits almost doubleSubscription
Operating income at online giant Amazon jumped 89% to $4.4bn (£3.4bn) for the 13 weeks to March 31, as it plans to half delivery time for Prime customers.