US: Target buys shipping startup for US$550m to challenge Amazon

US: Target buys shipping startup for US$550m to challenge Amazon

Target is buying tech start-up Shipt in a bid to become a much more serious contender in the same-day delivery wars. The discount retailer, looking to better compete with Walmart and Amazon.com, said on Wednesday, December 13, it was paying US$550 million in cash for Shipt in its biggest acquisition in recent history. As a […]

EU: ECJ favors luxury brands in Coty judgement

EU: ECJ favors luxury brands in Coty judgement

The European Court of Justice, the court of last resort in the EU, has ruled that luxury good makers may ban the sale of their products on eCommerce platforms like Amazon to maintain the exclusivity of their brands. The ruling comes after German luxury cosmetics group Coty — the parent behind brands like Calvin Klein […]

Australia: ACCC warns retailers on Amazon

Australia: ACCC warns retailers on Amazon

Competition watchdog chairman Rod Sims has warned retailers that he will not protect them from Amazon if the e-commerce giant undercuts them on prices when it enters Australia. The Australian Competition and Consumer Commission (ACCC) chairman will tell a conference in Sydney on Thursday, November 30, that Amazon’s impending entry into Australia will be good […]

China: Amazon to sell China cloud services unit

China: Amazon to sell China cloud services unit

Amazon.com is selling off the hardware from its public cloud business in China, amid tightening regulation over online data that is creating a hurdle for technology firms operating in the world’s second-largest economy. Beijing Sinnet Technology, Amazon’s China partner, said in a filing late on Monday that it would buy the US firm’s Amazon Web […]

Australia: Amazon gets a boost from the ACCC

Australia: Amazon gets a boost from the ACCC

When it enters the Australian market, Amazon will be able to roll out prices that undercut its rivals – and many of those prices could be at money-losing levels. According to a Reuters news report, chairman of the Australian Competition and Consumer Commission, Rod Sims, told Fairfax Media that Amazon was legally allowed to set […]

Australia: Sims won’t prevent Amazon from undercutting competitors

Australia: Sims won’t prevent Amazon from undercutting competitors

The Australian Competition and Consumer Commission’s chairman Rod Sims told the Financial Review in an interview that Amazon will not be restricted when it begins local operations. Mr Sims said that too many people believe Amazon will automatically be successful and drive existing retailers to struggle. However, he counters this opinion by claiming that the […]

Amazon’s Potential Defense

Posted by Bloomberg Amazon’s Potential Defense-Bill Windfall Spurs Industry Concern By Sam Skolnik Amazon has quietly been formalizing and expanding its relationships with several federal agencies as Congress is weighing an online marketplace provision that could enrich the e-commerce giant by billions of dollars per year, Bloomberg Government has learned. After the company alerted the Homeland […]

US: Amazon gains wholesale pharmacy licenses, looks to expand

US: Amazon gains wholesale pharmacy licenses, looks to expand

Alexa, Amazon’s digital shopping assistant, might want to be your drugstore, too: Amazon reportedly has obtained pharmacy licenses in a handful of states, hinting at possible plans to disrupt both the drugstore business and the larger healthcare industry. According to the CNBC, the e-commerce giant has received wholesale pharmacy licenses in at least 12 states: […]

US: E-Book buyers receive payment from antitrust suit settlement

US: E-Book buyers receive payment from antitrust suit settlement

On Wednesday, October 18, Amazon sent emails to qualifying customers to notify them that credit has been added to their accounts in response to the Apple eBook Antitrust Settlement. You were only eligible to receive credit if you had a US billing address and purchased a Kindle book between April 1, 2010, and May 21, […]

US: Amazon has acquired 3D body model startup, Body Labs

US: Amazon has acquired 3D body model startup, Body Labs

Amazon wants to sell you more stuff. But to do that, it needs to get to know you and your height, weight and fit a little better. The world’s largest e-retailer on Tuesday, October 3, acquired the small New York City-based startup Body Labs for an undisclosed sum, Body Labs confirmed on its website. Amazon […]

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