Tag: amazon
Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact…
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Bezos details Amazon’s COVID-19 testing plans in shareholder letter
Jeff Bezos dropped Amazon’s annual shareholder letter today, as the world struggles through the throes of a global pandemic. Naturally, the company’s response to the on-going COVID-19 crisis took center stage in the open letter, as the virus has impacted the retailer giant at nearly every level. Among the meatier…
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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown
Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business…
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Markets dragged down by abysmal retail sales and factory output
U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines did not completely erase yesterday’s gains in another sign that U.S. investors and corporations may be better positioned to withstand…
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Amazon may temporarily close French warehouses to assess COVID-19 risks
Amazon may close all of its distribution centers in France following a court order issued yesterday, Reuters reports. The warehouses will reportedly remain closed until at least April 20th. During that time Amazon will assess risks related to COVID-1… Source
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Amazon reportedly closes warehouses in France following court order
Amazon has decided to close its six fulfillment centers in France until Monday, according to an internal document seen by Capital and Reuters. The company also said publicly that it’ll probably appeal yesterday’s court decision that restrict orders to essential goods. Yesterday, a French court ruled that Amazon hasn’t been…
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