A company larger than the market value of two major e-commerce companies of U.S. including Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc (NASDAQ:EBAY) makes its record debut at $25 billion in U.S.- yes, it is certainly Alibaba Group Holding Ltd (NYSE:BABA). The question arises that is U.S. market the next target of this e-commerce giant. Alibaba…
Amazon.com, Inc. (AMZN) Employees in Four Distribution Centers Strike in Germany over Wage Disputes
Amazon.com, Inc. (NASDAQ:AMZN) employees are on a two-day strike beginning today till Tuesday evening. The employees, through their Verdi union, are saying that they are being paid lower wages compared to other employees in similar positions in other warehouses. The affected logistics centers are Bad Hersfeld, Leipzig, Rheinberg and Graben. The employees in these centers…
Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), Oracle Corporation (ORCL) Lead Tech Market Ahead of Alibaba’s IPO
The shares of Alibaba Group Holding Ltd will start trading at the NYSE on Friday and a day before the launch of the biggest IPO offering, Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), and Oracle Corporation (NYSE:ORCL) lead the tech market gains. Apple Inc. (NASDAQ:AAPL)’s shares rose $0.21 closing at $101.79, as the company announced its…
Yahoo! Inc. (YHOO)’s Alibaba Dislodges Amazon.com, Inc. (AMZN) to Become the World’s Most Valued Retailer
Yahoo! Inc. (NASDAQ:YHOO)’s Alibaba begins trading today, September 19, at the New York Stock Exchange (NYSE). The China-based company made an entry with its initial public offering (IPO) priced at $68 a share, raising the company’s valuation to a remarkable $167.6 billion. With that value Yahoo! Inc. (NASDAQ:YHOO)’s Alibaba overtakes Amazon.com, Inc. (NASDAQ:AMZN) to become…
Amazon.com, Inc. (AMZN) Launches New Kindle Devices, Kindle Voyage Comes to Customers
Amazon.com, Inc. (NASDAQ:AMZN) unveiled a new lineup of Kindle devices with a premium Kindle Voyage offered by the company. The online-retailer introduced six new devices with the highest price tag of $199 for Kindle Voyage. In addition to it, users can enjoy an advanced experience with the basic Kindle e-reader, which comes with a touch…
Amazon.com, Inc. (AMZN) and Priceline Group Inc (PCLN) Top of Google Inc (GOOG) Search Advertisers
The world’s top online retailer, Amazon.com, Inc. (NASDAQ:AMZN), has topped the list of 25 highest spending companies on Google Inc (NASDAQ:GOOG) Search advertisement. The company spent a whopping $158 million, almost doubling the amount spent by Priceline Group Inc (NASDAQ:PCLN), the second-ranked company on the list. All the 25 top companies spent a total of…
Amazon.com, Inc. (AMZN) and Publishers Gruel Negatively Affects The Authors
The saying that “when two elephants fight, it’s the grass that suffer” is very true in the case of the current raging battle between publishers and Amazon.com, Inc. (NASDAQ:AMZN), the world’s largest eBook seller. A number of authors have come forward complaining that Amazon.com, Inc. (NASDAQ:AMZN) is using them against their will in its negotiations…
Amazon.com, Inc (AMZN) Cuts Down Fire Phone Price to 99 cents
In one of the most surprising revelations made by Amazon.com, Inc (NASDAQ:AMZN), the giant e-commerce retailer slashed the price of its first Smartphone, Amazon Fire, to 99 cents just two months after its debut. Amazon.com, Inc (NASDAQ:AMZN)’s shares fell 1.87% after the announcement, especially after considering the huge price cut in both 32-GB and 64-GB…
Amazon.com, Inc. (AMZN) and eBay Inc (EBAY)’s PayPal Increasing Their Shares in Payment Transactions
Major online payment processing services including eBay Inc (NASDAQ:EBAY)’s PayPal, Amazon.com, Inc. (NASDAQ:AMZN), and Alipay are breaching into the lending industry with huge loan portfolios. One of the biggest surprises came from the IPO filings of Alibaba Group Holding Limited, which stated that Alipay processed online transactions worth at least $10 billion. Further, the payment…
Google Inc (GOOGL) All Set To Compete Against Amazon.com, Inc. (AMZN) With Drone Tests
Taking the rivalries to a new height, Google Inc (NASDAQ:GOOGL) is all set to test its drone delivery system. This is a response against the self-flying machines from Amazon.com, Inc. (NASDAQ:AMZN) and these drones would handle deliveries for the company. The move will certainly take the competition between these two online giants to another level.…