Amazon
Amazon Q1 beats on net sales of $75.5B but posts net income of $2.5B, down $1B on a year ago
Amazon has been one of the biggest names synonymous with how the consumer masses are experiencing life under lockdown: its site lets you buy anything from soup to nuts, from…
Amazon worker-activists form international organization to demand change in warehouses
Amazon workers across the world are formalizing their activism with the creation of the Amazon Workers International. Its first action is a letter to Amazon CEO Jeff Bezos and Amazon…
African fintech firm Flutterwave launches SME e-commerce portal
San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay —…
Workers prepare to strike May 1, amid strained pandemic working conditions
The global pandemic has tested the bounds of businesses across the world and transformed the way many of us live our lives. For those among us who are unable to…
Amazon to stream NFL’s Thursday Night Football through 2022, plus one exclusive game each season
The NFL’s Thursday Night Football is returning to stream on Amazon. The companies announced today they’ve renewed their agreement, which will allow Amazon Prime Video to offer a live, digital…
Investors, startup founders in India pool $13M to fund projects that fight coronavirus
More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup…
NY attorney general calls out Amazon’s ‘inadequate’ COVID-19 measures and ‘chilling’ labor policies
The New York attorney general’s office reportedly sent a sternly-worded letter to Amazon telling the company that the measures it has taken regarding the COVID-19 pandemic “are so inadequate that…
To fight fraud, Amazon now screens third-party sellers through video calls
Amazon is piloting a new system aimed at validating the identify of third-party sellers over video conferencing, the company announced on Sunday. The technology is a part of a series…
Amazon gives away a free year of live and on-demand cooking classes on Food Network Kitchen app
Amazon is bringing a year’s worth of free, live and on-demand cooking classes to tens of millions of Amazon Fire TV and Fire tablet owners across the U.S., thanks to…
Featured Article
If we let the US Postal Service die, we’ll be killing small businesses with it
If we continue to view the USPS as simply a balance sheet and optimize for profitability in a vacuum, we ultimately stand to lose far more than we gain.
Coronavirus could push consumers away from influencers and toward streaming TV
While still being leveraged, social media influencers are facing reduced marketing budgets as brands transition to advanced TV advertising options.
Amazon begins selling items from neighborhood stores in India amid Facebook’s deal with Jio
The race to win the ubiquitous neighborhood stores is on in India. A day after Facebook invested $5.7 billion in Reliance Jio Platforms to serve tens of millions of neighborhood stores…
JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of…
AWS launches Amazon AppFlow, its new SaaS integration service
AWS today launched Amazon AppFlow, a new integration service that makes it easier for developers to transfer data between AWS and SaaS applications like Google Analytics, Marketo, Salesforce, ServiceNow, Slack,…
Featured Article
Facebook’s $5.7 billion bet on Indian giant Jio spells trouble for Amazon and Flipkart
Facebook’s major bet on Jio Platforms could create a headache for mobile payments services that have amassed tens of millions of users while struggling to find a business model in the world’s second-largest internet market. The $5.7 billion investment, Facebook’s second-largest to date, could also further its dominance in India — its biggest market by…
Amazon employees plan additional protests over COVID-19 working conditions
As much of the world has ground to a temporary halt over stay at home orders, Amazon has continued churning. The retail giant is nothing if not an essential business…
Google switches its Shopping search service to mostly free listings
Google is making a change to its product search offering, meaning that unpaid listings picked by algorithm will dominate results displayed on the Google Shopping tab instead of mostly paid…
Marketing data platform Adverity raises $30M Series C led by Sapphire Ventures
In the time many of us live in now, we all know our online media consumption is — to state the obvious — going through the roof. Subsequently, the amount of…
Sonos launches Sonos Radio, a free streaming radio service including artist and genre stations
Sonos has launched its first in-house music streaming offering: Sonos Radio, a digital streaming radio service that includes both existing radio stations from TuneIn and iHeartRadio, as well as its…
Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. There are a few questions to answer.
Bradley Tusk on starting a company and seed investing in the coronavirus era
Bradley Tusk has carved a unique path in the VC investment landscape: A longtime political and communications operative, he has built a track record for Tusk Ventures by going after…
Featured Article
Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact between suppliers, couriers and customers…
Amazon, Flipkart and other e-commerce firms in India to resume sales of non-essential items from April 20 [Update]
Updated at 4.00PM IST on April 19: The Indian government said on Sunday e-commerce giants will not be allowed to sell and deliver non-essential items during the lockdown phase, reversing…
![Amazon, Flipkart and other e-commerce firms in India to resume sales of non-essential items from April 20 [Update]](https://techcrunch.com/wp-content/uploads/2020/04/GettyImages-1169388446.jpg?w=1024)
Bezos details Amazon’s COVID-19 testing plans in shareholder letter
Jeff Bezos dropped Amazon’s annual shareholder letter today, as the world struggles through the throes of a global pandemic. Naturally, the company’s response to the on-going COVID-19 crisis took center…
Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown
Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered…
Markets dragged down by abysmal retail sales and factory output
U.S. major stock indexes fell in Wednesday trading as new data from the Commerce Department and Federal Reserve indicated a collapse in manufacturing output and retail sales. However, the declines…
Amazon reportedly closes warehouses in France following court order
Amazon has decided to close its six fulfillment centers in France until Monday, according to an internal document seen by Capital and Reuters. The company also said publicly that it’ll…
DoD Inspector General report finds everything was basically hunky-dory with JEDI cloud contract bid
While controversy has dogged the $10 billion, decade-long JEDI contract since its earliest days, a report by the DoD’s Inspector General’s Office concluded today that, while there were some funky…
You can easily read optimism in the stock market. Ask around the private markets, however, and you’ll hear a very different narrative.
Setu raises $15M to help developers connect with banks to offer Indians ‘sachet-sized’ financial products
India’s push to digital payments in the last three years has seen tens of millions of people get comfortable with exchanging money online for the first time. But most businesses…
