|Bid||1,710.00 x 1200|
|Ask||1,711.55 x 1000|
|Day's Range||1,708.55 - 1,720.87|
|52 Week Range||931.75 - 1,724.80|
|PE Ratio (TTM)||215.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The spread of online shopping in Japan is dragging down consumer inflation, the central bank said, highlighting the "Amazon effect" on prices and the challenges policy makers face as they try to pull the world's third-biggest economy out of years of stagnation. As bricks-and-mortar retailers lower prices to remain competitive with online shops, core consumer prices are being pushed down by 0.1 to 0.2 percentage point, the Bank of Japan said in a research paper on Monday. Online retailers are able to charge lower prices because of the money they save by not operating physical stores, the BOJ said, citing research comparing prices in Japan and nine other countries.
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com. The two companies described the investment as one piece of a broader partnership that will include the promotion of JD.com products on Google's shopping service. This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in U.S. and European markets.
Jeff Bezos recently spoke of spending a billion dollars a year on space. “The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel,” he explained during an Axel Springer awards ceremony in Berlin in April. Criticism was swift, with some suggesting that this “financial resource” might be better deployed to the thousands of Amazon employees who rely on food stamps to make ends meet.
One full year has passed since Amazon.com, Inc. (NASDAQ: AMZN ) announced its acquisition of upscale grocer Whole Foods in a $13.7-billion deal. What Was Said Then Here is a roundup of CNBC's compilation ...
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
Amazon's acquisition of Whole Foods has rattled the grocery industry, leading to a spate of ecommerce deals. One year ago Saturday, Amazon announced it would take over Whole Foods in a $13.7 billion deal that shook the grocery industry . In the last year, the search giant has become an increasingly attractive partner for retailers looking for ways to compete with Amazon, allowing it to explore new business models and alliances.
Some DIY crafters shut down their online stores after Etsy announced it would increase the fees that sellers payBen King / Broad Green Pictures / Everett CollectionIt will cost DIY crafters a bit more to sell their wares on the online marketplace Etsy. Since 2017, Christine Fox has been building a following on the online craft marketplace Etsy. The company is increasing the fees that sellers must pay on purchases from 3.5% to 5%.
If you have any doubts about the competition or the biggest reason new subscribers are flocking to Netflix, this should put those questions to rest.
Within that theme, here’s an M&A rumor you probably haven’t heard yet, but is nonetheless plausible: e-retail giant Amazon.com, Inc. (NASDAQ:AMZN) acquiring cosmetics retailer Ulta Beauty Inc (NASDAQ:ULTA). The grocery and cosmetics industries have a ton of parallels. Amazon’s growth strategy in grocery included acquiring the premiere bricks-and-mortar player in the field.
First, I went to a talk on Monday at Trainline, an online rail booking company I am partial to because it has a website that is remarkably easy to use and a boss named Clare Gilmartin who was the first chief executive I ever came across who had taken on the job when six months pregnant.
Apple has secured its biggest star yet in its battle with Netflix, Amazon and the rest of Hollywood for top TV talent. Oprah Winfrey will work with the iPhone maker to produce TV shows for its forthcoming ...
What a run it has been for Etsy Inc (NASDAQ:ETSY). Etsy stock now has tripled over the past year, with a 208% gain the 19th best among the nearly 1,900 stocks with a market capitalization over $2 billion. Last week ETSY rose 27% after announcing that it was raising fees on its platforms, while also rolling out new services for its sellers.
Amazon has leveraged Prime data to build multibillion-dollar online ad business that is growing quicklyMarketWatch photo illustration/Everett Collection, Amazon reported more than $2 billion in revenue from ads and other service offerings in the first quarter. While much has been said about Amazon.com Inc.’s aggressive bets on brick-and-mortar retail, health care and many other industries, the company has quietly built a sizable and growing business in an area dominated by two other tech titans: digital advertising. Advertising pulled in up to $4 billion for Amazon (AMZN) last year, and the company said first-quarter revenue from ads and other service offerings more than doubled this year.
When you think retail, Microsoft Corporation (NASDAQ:MSFT) probably doesn’t immediately come to mind. Let’s face it, Microsoft stock isn’t generally considered a retail play. A report in Reuters claims Microsoft is testing automated checkout technology for retailers, working on a system that would take on Amazon.com Inc.’s (NASDAQ:AMZN) Amazon Go.
Amazon (AMZN) might have forever changed the grocery industry exactly one year ago when the e-commerce giant bought Whole Foods for roughly $14 billion on June 16, 2017. Today, grocery delivery is commonplace across the entire industry.
Microsoft wants to help traditional retailers keep up with Amazon Go, a new store concept that expedites shopping by eliminating store cashiers. Microsoft’s push to automate store check-out is good news for neighborhood stores which find it hard to compete with Amazon’s razor thin operating margins, as minimum wage hikes take effect around the country.
Inc. agreed to buy Whole Foods for $13.5 billion. The biggest beneficiaries of the deal might be Amazon Prime members. Sky-blue signs advertising discounts for Prime members greet shoppers in some Whole Foods parking lots.
Throughout the years, many people have doubted Jeff Bezos and Amazon. He’s most famous today for being the richest person alive, and while his image in the media oscillates between both good and bad, one thing is for certain — no one doubts him anymore. Amazon is an absolute giant of a company. That said, for the…
shocked Wall Street by announcing its plan to acquire struggling Whole Foods Market for $13.7 billion. Here's a look at what Amazon still hasn't been able to figure out at Whole Foods. Shedding Whole Foods of its "whole paycheck" moniker was one of Amazon's primary goals when it first took control of the health food chain in August 2017, but the price cuts didn't continue into the new year.