Tag: amazon
Amazon is now letting Indians read magazine articles in its shopping app
Amazon, in its ever-growing desire to become a super app in India, is testing a new category to persuade users to spend more time on the shopping service: Feature articles. The American e-commerce giant has quietly launched “Featured Articles” on its shopping app and website in India that showcases feature…
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Amazon is buying MGM Studios for $8.45B
The big media consolidation continues — day after rumors swirled around Amazon’s acquisition of MGM, the online massive retailer confirmed today that it will be acquiring the nearly 100-year-old studio for a cool $8.45 billion. The deal is another big step toward bolster Amazon’s fight in the streaming wars, with…
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5 predictions for the future of e-commerce
Ethan Choi Contributor Ethan Choi is a partner at Accel, where he invests in SaaS companies that are redefining workflow and collaboration, enterprise automation and e-commerce infrastructure. He also focuses on consumer internet companies and online marketplaces. In 2016, more than 20 years after Amazon’s founding and 10 years since…
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factory14 raises $200M to jump into the Amazon marketplace roll-up race
It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup…
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Shein overtakes Amazon as the most installed shopping app in US
Shein‘s quiet rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the most downloaded shopping app on iOS and Android in the United States, according to data from app tracking firm App Annie. Its ascent is quiet because the startup, despite reportedly exceeding…
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JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B from IPO
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its…
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