In the conclusion of a two-part Video Forum interview, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, talks about the AWS business model and shares his views on the role of technology in the drive toward greater personalization, the need to rethink the supply chain in the wake of
SEATTLE — Amazon has launched the Anti-Counterfeiting Exchange (ACX), the company said Thursday, describing the exchange as an industry collaboration designed to make it safer to shop online and more difficult for counterfeiters to move among different stores to attempt to sell their counterfeit goods. ACX allows participating stores to share information about confirmed counterfeiters
SEATTLE — Amazon has completed its $3.9 billion acquisition of the primary care provider One Medical, the two companies said on Wednesday. The deal, announced last July, is part of Amazon’s effort to expand its presence in the healthcare business, where the company sees opportunities to grow by remaking the customer experience. “We’re on a
SEATTLE — Amazon has added a new pharmacy benefit as an add-on to its Prime membership. Called RxPass, it offers access to generic medications that treat more than 80 common health conditions for a flat fee of $5 per month. “Prime members already get fast, free delivery on prescription medications, and RxPass is one more
SEATTLE — Amazon is cutting more than 18,000 jobs, the company announced this month. The e-commerce behemoth said it had hired too many warehouse workers in response to shoppers’ growing preference for online ordering. The company had 1.54 million workers at the end of the third quarter, making it one of the country’s largest employers.
SEATTLE — Amazon has launched Inspire — an in-app shopping experience that gives customers a new way to discover ideas, explore products and seamlessly shop from content created by other customers, influencers and brands they love. The app is rolling out to selected customers nationwide in early December, and will be available to all U.S.
SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net
SEATTLE — Amazon reported that its net sales increased 15% to $127.1 billion in the third quarter, compared with $110.8 billion in the third quarter of 2021. Excluding the $5.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased by 19% compared with last year’s third quarter. Net
SEATTLE — Amazon has unveiled Prime Early Access Sale, a new two-day global shopping event exclusive to Prime members. The event begins October 11 at 12 a.m. PDT and runs through October 12 in 15 countries: Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Spain, Sweden, Turkey, the U.K. and the U.S.
SEATTLE — Amazon last month announced a deal to acquire One Medical, a publicly traded primary care company. San Francisco-based One Medical operates on a membership model. Its services are an employee benefit at 8,500 companies. Individuals can purchase a yearly membership for $199, allowing them to access One Medical’s virtual care and same-day appointments
Anyone who had doubts about the depth and durability of Amazon’s commitment to disrupting the health care system should have had those concerns put to rest when the company agreed last month to pay some $3.9 billion to acquire One Medical, a provider of physician-delivered primary care services, and 1Life Healthcare Inc., the network’s administrative
SEATTLE — Amazon reported a 7% increase in net sales, to $121.2 billion, for the second quarter, beating analysts’ estimates. The company added that when the $3.6 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter is excluded, net sales increased 10% compared with the second quarter of 2021. The company