Welcome to our weekly roundup of the top five Amazon news stories of the week.
Amazon reportedly nixes its price parity requirement for third-party sellers in the US: Catherine Shu at TechCrunch reports that Amazon will stop forbidding third-party merchants who list on its e-commerce platform in the United States from selling the same products on other sites for lower prices, reports Axios. The company’s decision to end its price parity provision comes three months after Sen. Richard Blumenthal urged the Department of Justice to open an antitrust investigation into Amazon’s policies and a few days after Democratic presidential candidate Sen. Elizabeth Warren announced she would make breaking up Amazon, Google and Facebook a big part of her campaign platform. Continue reading…
Ecommerce is the ‘future for a lot of markets,’ Adidas CEO says: Chloe Taylor at CNBC reports that Adidas CEO Kasper Rorsted see ecommerce as a tremendous opportunity. He said, “We launched our own app last year, and it’s been downloaded more than 7 million times in more than 25 countries. We think e-commerce is still in its early days, and there’s going to be a tremendous opportunity – but you have to couple it with big franchise stores or flagship stores where you can see the product,” he said. “But there is no doubt e-commerce and e-commerce through a mobile environment is the future of our company.” Continue reading…
Amazon lobbied more government entities than any other public US company last year: Renae Reints at Fortune reports that Amazon’s influence in Washington is growing. The tech giant lobbied more government entities last year than any other public U.S. company, covering issues like healthcare, transportation, defence, and labour regulation. Across 2018, Amazon contacted 40 different federal entities on 21 different general issue areas, Axios reports. The only tech giant to lobby on more issues than Amazon was Google’s Alphabet. Continue reading…
Amazon is hiring 3,000 remote workers in 18 states: Abigail Hess at CNBC reports that Amazon has announced plans to hire 3,000 remote workers in 18 states. The job listing for customer service associates, posted on March 4th, indicates that the role pays $15 an hour, provides health care coverage after 90 days of employment and offers overtime pay. Continue reading…
Everything we know about Haven, the Amazon joint venture to revamp health care: Christina Farr at CNBC reports that Amazon, Berkshire Hathaway and J.P. Morgan have a non-profit called “Haven,” which is aimed at improving health care for their 1.2 million combined employees. The company just made its latest hire: Sandhya Rao as a VP of clinical strategy. Continue reading…
Bonus: Meet The 15-Year-Old Doing £1.5 million With Shopify Dropshipping
Quote of the week:
“The most important thing is to enjoy your life – to be happy – it’s all that matters.”
Audrey Hepburn
Have a great weekend!
