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 has launched the Echo Show 21, its largest smart display yet, designed to enhance home organization, connectivity, and entertainment.
  • Amazon launched the Amazon Future Engineer program offering free online activities for Belgian secondary school students.
  • Amazon Air Cargo is now accepting air cargo from third parties like freight forwarders, with Tom Bradley, Amazon Air Cargo global director and general manager, reassuring that their network capacity and technology will prevent conflicts with Amazon's own shipments.
  • Amazon has launched its AI shopping assistant Rufus in France.
  • Amazon introduced Amazon Lens, an AI-powered feature in their app that lets users identify and shop for products by taking or uploading photos.

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  • Tencent is challenging Amazon, Google, and Microsoft in the cloud computing space by using WeChat's integrated super app ecosystem, according to Tencent Cloud CEO Dowson Tong.
  • Amazon Data Firehose now streams database changes to data lakes or warehouses with support for PostgreSQL, MySQL, Oracle, SQL Server, and MongoDB.
  • Amazon's sales specialist Ghulam Mustafa announced a new portable printer that offers high-quality monochrome prints without messy ink.

👔 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 Partner Manager, Strategic Account Services (SAS) in the United Kingdom.
  • Amazon is currently hiring for the position of Sr. Program Manager - Delivery Service Provider (DSP) in India.
  • Amazon is currently hiring for the position of Global Workplace Intelligence and Experience Product Manager, Global Real Estate & Facilities in the United States.
  • Amazon is currently hiring for the position of Sr. Technical Program Manager, International Emerging Stores in India.

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  • Amazon is currently hiring for the position of Sr. Product Manager - Technical, AFT Safety & Compliance in the United States.
  • Amazon is currently seeking a Head of IN Ads Marketing in India.
  • Kim Smith has left Amazon as Global Executive Leader | Sales, Marketing & Global Services to join Commvault as Global Executive Leader in the United States.

🤖 Amazon Developer, Integration and Automation News

  • Amazon Web Services' AWS Cloud Institute is partnering with Bellevue University to help more learners enter cloud computing careers.
  • Amazon signed a Memorandum of Understanding with Simest SpA to support the growth of Italian small and medium enterprises through the 'Accelera con Amazon' program.
  • Amazon has partnered with PBS to add over 150 PBS channels to Prime Video, launching on November 26, as part of its expanding FAST channel offerings.
  • 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.

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  • 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.
  • Levi's is testing Amazon's Alexa to help shoppers find better fits.

📈 Amazon Financials, Fundraising and Valuation News

  • Amazon's Q3 international operating income surged to $1.3 billion, contributing to a 56% year-over-year increase in overall operating income to $17.4 billion.
  • In 2023, 127,000 SMEs selling on Amazon in the EU achieved over €14 billion in export sales and created 350,000 jobs.
  • Amazon's cloud computing platform, Amazon Web Services (AWS), generated $13.5 billion in revenue in the first quarter of 2021, significantly up from $10.33 billion in the same period in 2020.
  • 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.

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  • 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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