When we talk about e-commerce logistics, we think of an industry controlled by entrenched players like Amazon, FedEx and national postal systems. At the start of the pandemic in 2019, […]
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Back to news homeAmazon and Better.com’s unlikely pairing
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, […]
Amazon pauses HQ2 construction after nationwide battle royale over location
Remember when Amazon turned the United States into Thunderdome, making every state battle over the right to host the company’s next big headquarters and 25,000 jobs? Well, after laying off […]
Amazon is letting employees use their stock to finance home purchases and even second homes
Amazon has struck a deal with embattled online mortgage lender Better.com to offer up a new benefit to employees. Better.com is launching Equity Unlocker, a program that allows employees to […]
Amazon backs Indian meat startup FreshToHome in $104 million funding
Indian startup FreshToHome, which sells fresh fish and meat to consumers in the South Asian market and the Middle East region, has courted a new backer: Amazon. Amazon, through its […]
AWS says growth dropped to mid-teens to start new year as customer cost cutting continues
Yesterday Amazon reported earnings with AWS growing a modest 20% for for the quarter over the prior year to $21 billion. But perhaps even more troubling, the company reported in […]
Amazon ramped up content spending to $16.6B in 2022, including $7B on originals
Amazon detailed the costs of its content business during its fourth-quarter earnings on Thursday, citing that its content expenses jumped to $16.6 billion in 2022, a 28% increase from $13 billion […]
Amazon launches freight service Air in India
Amazon has launched Amazon Air, its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market where it has deployed […]
Amazon quietly tests even cheaper Prime membership in India
Amazon is quietly piloting a new tier for its Prime membership in India, providing customers with access to popular benefits such as free two-day delivery and ad-supported Prime Video in […]
Amazon is working on a standalone app for sports content, new report claims
Amazon is developing a standalone app for watching sports, according to a new report from The Information. The move signals Amazon’s continued push toward investing in Prime Video and live […]