Jeff Bezos

The uptick Amazon shares registered on Wall Street this Friday has directly affected the fortune of its founder, Jeff Bezos, who immediately replaced Microsoft co-founder Bill Gates as the richest person in the world. Two hours after the stock market...

Online retailer Amazon said that it plans to open a second company headquarters in North America, which will be a full equal to its Seattle headquarters. The company plans to invest more than US $5 billion in construction and expects...

Amancio Ortega, co-founder of Spanish retailing giant Inditex, is now the richest person on the planet, with a US $200 million edge over previous leader Bill Gates, Forbes reported. Ortega, 81, founder of Zara parent Inditex S.A. and Europe’s wealthiest...

US President Donald Trump slammed Amazon.com, Inc., saying the e-commerce titan was harming physical retailers and triggering job losses nationwide, media reports said. "Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the US are...

Amazon has infused another Rs 1,680 crore into its Indian marketplace operation – Amazon Seller Services, according to a regulatory filing on Registrar of Companies. Amazon Seller Services Pvt. Ltd (Amazon India) received the funds last month. In June 2016, Amazon.com...

American online retail giant Amazon, which has committed investments to the tune of US $5 billion in India, will "keep investing and growing in India," its chief Jeff Bezos has said. After his meeting with Prime Minister Narendra Modi, Bezos...

Online retail giant Amazon announced on Friday that it had reached a definitive agreement to acquire Whole Foods Market for US $13.7 billion. In a news release, Amazon said it would acquire the upscale supermarket chain for US $42 a...

Amazon will continue to invest in India in expanding infrastructure and bringing in solutions that enhance consumer and seller experience as the US-based e-commerce major looks to overtake local rival, Flipkart. According to a PTI report: Amazon, which has completed...

E-commerce company Amazon.in on Tuesday said it is set to double its storage capacity with the addition of 14 new fulfilment centres (FCs) in 2017 in India, including the recently announced seven specialised ones for large appliances and furniture. The...

The board of Snapdeal is expected to meet on Tuesday to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart. Also, on the agenda will be getting Nexus Venture Partners (NVP), an early investor in...