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CFO BRIAN OLSAVSKY
Amazon says consumers cautious, forecasts revenue below Wall Street targetsAmazon.com experienced a slowdown in online sales growth during the second quarter, as consumers opted for cheaper products. This cautious ...- Amazon says consumers cautious, forecasts revenue below targetsAmazon's online sales growth slowed in the second quarter as consumers sought cheaper options, causing shares to drop nearly 8%. Despite ex...
- Amazon will continue to invest in emerging markets: CFO Brian OlsavskySince launching its ecommerce business in the country in 2013, Amazon has invested about $6.5 billion to build out its digital commerce foo...
- Amazon beats revenue estimates, provides weak outlookWhile Amazon's holiday revenue beat Wall Street's expectations, the company believes sales growth in its long-lucrative cloud business will...
- Amazon sees resilient consumer demand as shares jump 13%Shares of the world's largest online retailer rose 13% in trading after the bell, extending its market valuation by more than $150 billion.
- Amazon sees pandemic boosting holiday sales and investment in deliverySince the start of the virus outbreak in the United States eight months ago, consumers have turned increasingly to Amazon for delivery of g...
- Evaluating changes in FDI rules to avoid unintended consequences: AmazonThe new rules, which came into effect from February 1, bar online marketplaces that have foreign investments from offering products of sell...
- E-shopping to cost more, no quick deliveriesThe impact is especially felt on Amazon, which has removed a significant amount of products from its platform across categories like mobile...
- Amazon sees 29% jump in global losses on India businessOn an overall basis, Amazon more than doubled its quarterly profit to $1.6 billion on the back of Amazon Web Services (AWS) and its adverti...
- Amazon India crosses 3-lakh sellers mark on its marketplaceAmazon has always believed in working seller backwards and have been constantly innovating to address challenges that are unique to Indian ...
- India continues to be a good story for us: AmazonThe operating loss in Amazon's international business was at $487 million during the year-ago period.
- India continues to be a rather large investment for us: AmazonFor the December quarter, Amazon's International business posted an operating loss of $ 487 million, up significantly from $ 108 million in...
- Amazon's international losses up four fold to $487 millionNet sales for the international business went up by 18% to $13.96 billion during the fourth quarter. In the third quarter of 2016, Amazon's...
- Amazon spooks investors with big spending ahead of holidaysAmazon will spend on the things that make its customers loyal: warehouses near their homes, original video shows to watch and devices that ...
- Amazon's Jeff Bezos singles out India in bumper Q2Amazon's results in the quarter beat all expectations. Its net sales went up 31%, with both global web retail sales & cloud services growin...
- Amazon CFO Brian Olsavsky reiterate that India is one of Amazon's biggest investment areasTo improve product discoverability, Amazon also introduced Sponsored Products initiative in the second half of 2015.
- Amazon continues to invest 'very heavily' in IndiaThe company has been adding 40,000 products a day so far this year on its platform and the number of sellers has grown more than 250%.
- Surprised by growth, Amazon ups India focusLast year, CEO Jeff Bezos had announced a $2-billion investment in Amazon's e-commerce business in India, the country that is seen to be gr...
- Amazon is definitely still playing the dangerous game called 'race to zero'Amazon delighted investors on Thursday by posting a rare profit, helped in large part by its profitable cloud computing business, Amazon We...
- Amazon's next big challenge: Winning IndiaAmazon only officially launched in India in June 2013, but it's now the company's fastest growing geography in terms of sales.
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