Amazon news and archive

Amazon makes last-minute bid for TikTok: report

Amazon has made a last-minute bid to buy TikTok, which faces a US ban if not sold by its Chinese owner, the New York Times reported on Wednesday. The offer arrived in a letter to officials involved in talks regarding the sale of TikTok to appease US national security concerns, according to the New York Times. Amazon declined to comment on the...

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Amazon rival Mercado Libre to invest 3.4 billion dollars in Mexico

Mercado Libre, a Latin American rival of Amazon, announced Friday a 3.4 billion dollars investment in Mexico, the latest in a series of pledges by foreign firms in spite of US tariff threats. "It means that despite these tariff issues, they're going to continue their investment in Mexico," economy minister Marcelo Ebrard said after the Argentine...

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EU's e-commerce crackdown: A new era for fashion industry protection

According to a recent Financial Times report, the European Union is set to dramatically reshape the e-commerce landscape with new regulations targeting major platforms like Shein, Temu, and Amazon Marketplace. The proposed reforms would make these platforms directly liable for dangerous or counterfeit products sold through their sites - a...

Retail|Study Featured

5 Tips for Retailers to achieve winning strategies in 2025

With the new year truly underway, retailers around the world are putting their game faces on for a volley of fresh challenges. From ever-changing consumer behaviors to emerging technologies, market fluctuations, and shifting regulations to convoluted trade dynamics, retailers will have to square off with a new retail game in 2025. Thriving...

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Former Amazon executive to head UK's competition watchdog

The British government has decided to appoint a former Amazon boss as chair of the competition regulator CMA, an announcement that comes as US President Donald Trump has vowed to defend its tech giants abroad. Doug Gurr, president of Amazon China between 2014 and 2016 and then director of the group in the UK until 2020, "has been appointed...

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Amazon to invest over 5 billion dollars in Mexico data center

Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI. The director of Amazon Web Services (AWS) in Latin America, Paula Bellizia, announced the investment at President Claudia Sheinbaum's regular morning...

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Amazon’s ‘Buy with Prime’ expanding to Fossil.com

Amazon’s direct-to-customer offering ‘Buy with Prime’ will be expanding to watch and accessories brand Fossil’s website in February. The move will mean that US-based Prime members will be able to shop on Fossil.com and enjoy the “power of Amazon’s fulfilment network,” meaning fast, free delivery, easy returns and 24/7 shopper support. Peter...

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Rubber tappers forge sustainable future in Amazon

As the sun rises over the Amazonian island of Marajo, Renato Cordeiro laces up his boots, grabs his knife, and heads out to tap his rubber trees. Drop by drop, he collects the milky white sap, known as latex, that sustains him. The recent revival of the rubber tapper trade in this impoverished northern Brazilian region has created jobs for...

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Strikes and blockades at Amazon sites in the US and Germany

New York - On Thursday, a strike at several US and German sites of the American online retail giant Amazon began just a few days before the end-of-year holidays, to specifically demand wage increases. The industrial action began at 11:00 GMT in the US on Thursday due to Amazon management's refusal to negotiate with the Amazon Labor Union (ALU),...

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Amazon Essentials launches first-ever celebrity collaboration

Amazon Essentials, the e-commerce giant’s own clothing line of basic wear for men, women, baby, and kids, is launching its first celebrity collaboration with American model and influencer Sofia Grainge. The Amazon Essentials x Sofia Grainge collection is an exclusive range of baby and kidswear inspired by the joys of parenthood. The collection...

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Amazon launches AI models to challenge rivals

Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with tech giant rivals in the fast-growing generative AI sector. The launch of its own line of foundation models marks Amazon's latest push to strengthen its position against forerunners Microsoft, Google, Meta and OpenAI, the creator of...

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Amazon workers strike on Black Friday: Workers demand fair wages, climate action

Amazon workers are striking for the fifth time in a row on Black Friday (Friday 29 November). With the campaign 'Make Amazon Pay', the global workforce of the e-commerce giant, in collaboration with unions and activists, wants to call on the company to pay fair wages, respect unions, end the alleged tax advantage and to combat climate change and...