AMAZON

Amazon introduces #AmazonWishList

In preparation for the holiday shopping season, Amazon has introduced #AmazonWishList, allowing customers to add items to their Amazon Wish List on Twitter.

The company said customers who discover a tweet from their favorite artist, expert, brand, or friend with an Amazon.com product link, can simply add “#AmazonWishList” to the reply on Twitter and the product is added to their Amazon Wish List.

Amazon's CFO to retire in Summer of 2015

 Amazon.com's Senior Vice President and Chief Financial Officer Thomas J. Szkutak will retire from the company in June 2015.

The company announced that Brian T. Olsavsky, Vice President of Finance for the company’s global consumer business, will succeed Szkutak, who has been the CFO since he joined the company October 2002.

Amazon preps a challenge to Google

Source: 
The Wall Street Journal Online

Amazon aims to challenge Google's dominance of the online ad market, developing its own software for placing ads online that could leverage its knowledge of Web shoppers.

To view the full article (note: you must be a Wall Street Journal Online subscriber), visit The Wall Street Journal Online.

Amazon eyes kitchen, fashion sectors in China

Source: 
Shanghai Daily

Amazon, which has appointed a new president for the Chinese market, said yesterday that it will expand its business from books and consumer electronics to kitchen and fashion.

The world's e-commerce giant plans to offer Chinese users unique products, such as Pebble smartwatches and Vivienne Westwood apparel, on its newly-setup online fashion, kitchen and wearable computing gadgets stores, Doug Gurr, who will be president of Amazon China in September, said on Tuesday in Shanghai.

TradeGecko integrates solutions with Amazon Marketplace

Inventory and supply chain management platform TradeGecko  has integrated its cloud-based inventory management tools with Amazon.

Amazon eyes kitchen, fashion sectors

Source: 
Shanghai Daily

Amazon, which has appointed a new president for the Chinese market, said yesterday that it will expand its business from books and consumer electronics to kitchen and fashion.

 

Snapdeal, Amazon to partner India's Karnataka for SME marketplace

Source: 
Business Standard

The local government of Karnataka, a state in South West India, is partnering with two leading e-retailing companies, Snapdeal and Amazon, to create a platform where the small and medium enterprises (SMEs) of the state can sell their products.

While the timeline for setting up of the platform is not yet known, the state government's Information Technology (IT) Secretary Srivatsa Krishna said the platform would have several thousands of SMEs as part of it.

Amazon picks favourites with brands in "Pay to Play" strategy

Source: 
The Sydney Morning Herald Online

Amazon.com is giving special privileges to companies that sell their wares directly through its online store rather than via its network of third-party resellers.

Amazon must sell large volumes of Fire Phone to recoup investment, says IHS

Source: 
DIGITIMES

From a hardware perspective, the Fire Phone carries a bill of materials (BOM) low enough to allow Amazon to cut a profit for each smartphone sold. But with Amazon likely having sunk large amounts of money into developing the Fire Phone's unique features, the company must sell large volumes to recoup its investment, according to IHS.

In race with Flipkart, Amazon announces USD2b investment in India

A day after India's largest e-commerce player announced  USD1 billion in new round of funding, Amazon said it will invest an additional $2 billion in its India arm to support rapid growth.

The Amazon India marketplace was launched last year and the company said it has grown to be the largest e-store in India with over 17 million products from a continually growing base of thousands of small and medium-sized businesses

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