Amazon has launched an air cargo service in India, Amazon Air, looking to expand and speed-up deliveries across its markets. Vice president of Amazon Global Air, Sarah Rhoads, says the company has invested in Indian cargo carrier Quikjet to aid in the delivery of packages to four main cities namely Mumbai, Delhi, Bengaluru and Hyderabad.
Amazon has partnered with Barclays to launch their new BNPL service ‘Instalments’ for consumers in the UK, which will charge interest over the payment period. Instead of calling it buy now, pay later, Amazon has called the new venture ‘Instalments’. In a statement from Amazon, it said the new payment method can be used on
Multinational technology company, Microsoft Corporation, has unveiled plans to open two Development Centres – one in Nairobi, Kenya, and the other one in Lagos, Nigeria. The Redmond tech giant announced that over the course of the next five years, they will be spending more than $100 million to open multiple development centres in Africa.
Amazon.com will close all of its US pop-up stores and focus instead on opening more book stores, a company spokesperson said The company’s shares closed down 1.4 percent, while shares of bookseller Barnes & Noble Inc ended 8.9 percent lower. Amazon’s 87 pop-up stores in the United States are expected to close by the end
Amazon CEO Jeff Bezos has overtaken Bill Gates and is now the richest person in the world, with a fortune topping $90 billion for the first time ever. When markets opened on Thursday, Bezos had a net worth of $90.6 billion, putting him $500 million ahead of Microsoft founder Bill Gates. Amazon stock opened up
