The Philippines aims to level the playing field with domestic brick-and-mortar players. To achieve this, the country will impose a 12% value-added tax (VAT) on digital…
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Amazon founder Jeff Bezos plans to sell nearly $5 billion in shares following the stock’s record high, a filing revealed. After hours Tuesday, a notice revealed…
Amazon exceeded $2 trillion in market value Wednesday, joining six U.S. firms, as AI confidence and interest rate cuts boosted tech stocks. The stock surged 3.4%…
As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday. This investment underscores Amazon’s commitment to expanding…
On Wednesday, Amazon Web Services (AWS) announced its plan to invest 7.8 billion euros ($8.44 billion) in Germany through 2040, as part of its effort to…
On Monday, Amazon announced that it would establish more than 3,000 permanent jobs in France. Additionally, the company declared it would invest over 1.2 billion euros…
Opening new locations is back in trend for several US retail chains. Executives at numerous big retailers have recently praised the chains’ efforts to win market…
A complaint filed this week by the United States Federal Trade Commission against Amazon.com (AMZN.O) adds to a series of legal challenges exposing the retail behemoth…
Unseasonably warm autumn weather from the United States to Europe is hurting sales of heavy sweaters and coats as the critical holiday shopping season approaches, according…