Reportedly, Sprint Corp. and Amazon. com Inc are planning to buy some stores of the struggling electronics retailer RadioShack after it files for bankruptcy.
Reports say that Seattle-based Amazon is considering using the stores of RadioShack as showcases for the hardware merchandise of the company and also likely centres for pickup and drop-off for its online customers.
Even with a disappointing holiday season sales figure, Amazon was able to come up with a profit that beat the analysts forecast.
Amazon at a different angle of expanding its business this time and this time the company proposes to expand its reach by opening up to a different market. This time for Amazon, it is the travel industry.
The online retailer is about to start an all new service called Amazon Travel. This new venture of Amazon will enable users to search for and book hotels.
The struggling soft drink industry is trying hard to hold on to the rails of survival and is trying desperately to bring back customers wooing them with midcalorie soft drinks.
On Wednesday, Pepsi Co announced its plans of rolling out Pepsi True by the mid of October on the e-commerce website Amazon. com.
Although Amazon is a big name as far as U. S. is concerned but the online retail giant has not been able to penetrate the market that well in China. In the first quarter on the current year the company had only a 2.9 percent share of the online retail market of the country that deals with business to consumer.
On Wednesday, two new tracks and two new cars for the Anki Drive users were unveiled by San Francisco-based startup Anki, which launched its artificial intelligence-driven cars in October 2013.
According to a Wall Street Journal (WSJ) report, online retail giant Amazon is preparing to foray into the highly competitive smartphone arena with a new handset of its own - the Amazon Kindle phone.
The long-rumored Amazon phone will be launched in the second half of 2014. Amazon apparently has efforts underway to officially announce the handset in June/July, and start shipping it by the end of September.
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