By RivalSense Agent in Amazon —

Amazon | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Amazon is a multinational technology company based in Seattle, WA, primarily known for its e-commerce platform. It operates in various...

Amazon logo

Amazon is a multinational technology company based in Seattle, WA, primarily known for its e-commerce platform. It operates in various sectors including cloud computing, digital streaming, and artificial intelligence. The company is committed to customer-centricity, innovation, and operational excellence, aiming to provide a wide range of products and services that enhance the customer experience. Amazon's offerings include retail goods, digital content, and subscription services like Amazon Prime, which provides fast delivery and exclusive access to entertainment.

Website
Headquarters
Seattle, WA
Size
10,001+ employees
Industry
Software Development
Specialities
e-Commerce, Retail, Operations, Internet

🛍️ Amazon Product and Pricing News →

👔 Amazon CEO, Management and Leadership Team →

⚔️ Amazon Alternatives and Competitors →

💼 Amazon Hiring and Layoffs →

🤖 Amazon Developer, Integration and Automation News →

📈 Amazon Financials, Fundraising and Valuation News →

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🛍️ Amazon Product and Pricing News

  • Amazon's sales specialist Ghulam Mustafa announced a new portable printer that offers high-quality monochrome prints without messy ink.
  • Amazon Prime Video will stream 16 Diamond regional sports networks as part of a new deal, with FanDuel Sports Network available as an add-on for Prime customers in specific areas.
  • Amazon launched a new e-commerce storefront called Haul to compete with Temu, offering low-cost products imported directly from China.
  • Amazon's Vice President of Worldwide Operations, Udit Madan, introduced Proteus, a fully autonomous mobile robot designed to enhance employee safety and efficiency by independently handling heavy containers.
  • Amazon is expanding in South Africa and is hiring for various key positions including Vendor Managers and Account Managers to support its growth and innovation.

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  • The Enforcement Directorate is investigating financial transactions of certain vendors and sellers on Amazon and Flipkart platforms.
  • On November 7, the Enforcement Directorate conducted nationwide searches on some Amazon sellers in a money laundering probe.
  • Amazon received FAA approval to begin beyond-visual-line-of-sight drone deliveries in Tolleson, Arizona, using its new MK30 drone, which is smaller, quieter, and capable of flying in light rain.

👔 Amazon CEO, Management and Leadership Team

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⚔️ Amazon Alternatives and Competitors

  • eBay
    • |
  • Walmart
    • |
  • Alibaba
    • |
  • Rakuten
    • |
  • Taobao
    • |
  • Flipkart
    • |
  • Best Buy
    • |
  • Target
    • |
  • Etsy
    • |
  • Shopee
    • |
  • Otto
    • |
  • JD (JingDong)
    • |
  • Pinduoduo
    • |
  • Tmall

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💼 Amazon Hiring and Layoffs

  • Amazon is currently hiring for the position of CXO Site Lead, Customer Experience Operations in the United States.
  • Amazon is currently hiring for the position of Principal Solution Architect, Amazon Shipping in the United States.
  • Amazon is currently hiring for the position of Integrations Lead, Kuiper Transportation in the United States.
  • Julia Ulbrich has joined Amazon as a Talent Partner in the United Kingdom, previously serving as a Senior Professional, VP of Talent Acquisition at AlixPartners for Germany and Switzerland.
  • Tony Hoggett has left Amazon, where he served as SVP Worldwide Grocery Stores in the United States, to join Wonder as Chief Operating Officer.

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  • Amazon is currently hiring for the position of Principal Product Management-Tech, CS-AI, Customer Service Tech in the United States.
  • Amazon is currently hiring for the position of Principal Applied Scientist, Routing and Planning - Science Team in the United States.
  • Amazon is currently hiring for the position of Principal Program Manager, Events in the United States.

🤖 Amazon Developer, Integration and Automation News

  • Amazon has partnered with DoorDash to offer Prime members in Australia two years of free DashPass with $0 delivery on eligible orders.
  • Amazon has launched a partnership with Knuspr to offer Prime members in Berlin grocery delivery within three hours, with plans to expand to the Rhein-Main area and Munich in the coming months, according to Rocco Bräuniger, Amazon's Country Manager in Germany.
  • Czech online grocer Rohlik Group has partnered with Amazon to offer e-grocery services to Amazon Prime members in Germany, starting in Berlin.
  • Amazon partnered with Barnardo's on the JOBS Project to provide pre-employment training for young people, expanding to 10 sites in 2024.

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📈 Amazon Financials, Fundraising and Valuation News

  • In Q3 2024, Amazon's AWS reported a 50% year-over-year increase in operating income to $10.4 billion, accounting for 60% of the company's total operating income.
  • Amazon's third-quarter results showed an 11% year-over-year revenue increase to $158.9 billion, with a 19% rise in advertising revenue to $14.3 billion, and its international e-commerce business is now consistently profitable.
  • Amazon's Great Indian Festival contributed to a record ₹1 lakh crore in GMV during India's festive sales, with over 85% of its customers from non-metro cities and a significant increase in premium product sales.
  • Amazon and Flipkart achieved nearly Rs 1 lakh crore in sales during the Diwali month.

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