All Posts Tagged With: "Amazon"

Deal Between Nike and Amazon Scares Sporting Goods Chains

Shares at several of the major sporting good chains fell to lows of 52 weeks after word that Nike might soon sell its products on e-commerce giant Amazon.com. On Wednesday, Goldman Sachs said it believed this deal would give Nike more exposure to the huge customer base and retail channel of Amazon, especially millennials. Products […]

Amazon Announces Best Ever Holiday Season

Amazon’s holiday season has been very lucrative thus far, after the online e-commerce behemoth said it shipped over 1 billion products and there is still more to come. According to data released by the company, the smart speakers line Amazon Echo has had sales in the million at a rate that is 9 times greater […]

Amazon Posts Quarterly Results That Are Impressive

Amazon announced its profit for the quarter was another record, with nearly double profit margins and posting five consecutive quarters with a profit. Revenue at Amazon was up 31% with 58% coming from its Amazon Web Services segment. The e-commerce giant, which used to carry profit margins that were razor thin, managed to nearly double […]

Amazon Offering Student Loans at Discounts to Prime Members

Amazon has been nicknamed the Everything Store and for good reason. On Thursday, the giant in e-commerce and Wells Fargo the San Francisco based bank announced they have partnered to supply customers of Amazon with student loans. The bank will be giving an interest rate discount for new loans of 0.5% to students who are […]

Amazon Launches Underground App

The Amazon Underground app for Android launched today. Amazon said it is offering $10,000 worth of apps and items for free through Underground. Users that want the app will have to download it directly from the Amazon Appstore, as Google Play does not currently support it. The apps and games on Underground are automatically available […]