Amazon announces record sales for holiday season in 2018
Thursday, December 27, 2018, 6:53 PM
US-based online retail giant Amazon announced a-record-breaking holiday season as tens of millions of people have signed-up for its Prime membership either by making paid service or on a trial-basis. "Prime membership continued to grow this holiday season... to benefit from FREE Same-Day, One-Day or Two-Day shipping, in addition to FREE two-hour delivery with Prime Now, and exclusive shopping and entertainment benefits," Amazon said.
Amazon invests $79.8 million in Amazon Pay
Thursday, October 4, 2018, 8:25 PM
Global ecommerce behemoth Amazon has invested a sum of $79.8 million in Amazon Pay, its digital payment arm in India. Earlier, Amazon.com.inc and Amazon Corporate Holdings had invested $33.3 million in Amazon Pay, according to filings with the Registrar of Companies. The investments have come as Amazon Pay is gearing to offer cashbacks in the festive season.
Tapzo is shutting down: Lessons to ponder for entrepreneurs
Monday, September 3, 2018, 9:33 AM
Sequoia and American Express backed app aggregator Tapzo announced that the app will be shutting down from October 31, 2018. "Starting 1 September 2018, we will be switching off all the transactional categories on Tapzo," a statement said. This comes after Tapzo was acquired by Amazon Pay for a reported $40 million in a cash and stock deal.