Amazon is leading a new investment round of 575 million dollars, which is equal to 513.4 million euros. This news has been announced by online food delivery service Deliveroo, which Amazon has a stake in. Along the side of current investors, such as Greenoaks and T. Rowe Price, Amazon appears to be gaining a significant share of the business. This as part of a promotion
Amazon pays employees to quit their job and start a business
A new business opportunity has been announced by Amazon for its employees if they have enough savings to start their own company. They are offered 10,000 dollars and an amount that is equivalent to three months salary if they quit and start to run a fleet of delivery trucks. This way, they will work for the e-commerce company through its ‘Delivery Service Partner’ -program.
Amazon one-day delivery used by 72% of US consumers
Amazon one-day delivery already sees shipments to the majority of US consumers - 72% of consumers, to be exact. This was found in a new report by RBC Capital Markets. According to the research, Amazon delivers goods in one day to more than 95% of US shoppers in 16 of the wealthiest and most populated states including Washington D.C. The growing risk for retailers RBC
Alibaba plans to up competition with Amazon
The global e-commerce company is allowing retailers from countries other than China to sell goods internationally via its platform. Mother company Alibaba will expand its international services provided by its subsidiary AliExpress to Turkey, Italy, Russia and Spain. By using the business model of their fast-growing subsidiary, Alibaba will be able to challenge the world’s
Coffee is now the leading category in e-commerce grocery sales
In 2018, food and beverage, e-commerce grocery, sales reached 4.75 billion US dollars on Amazon. It is the fastest growing segment for online retailers. According to Edge by Ascential, the most popular category within food/beverages, with a total sales of 140 million dollars, was ‘coffee’. Jacob Porter, director of global marketing of Edge by Escential said: “Since the very