Tag Archives: amzn

Amazon Holiday Deals Program For Sellers Goes Global

Amazon.com said Tuesday that its Holiday Deals Program, which offers Black Friday, Cyber Monday and daily deals pages for companies that sell on Amazon, will be expanded worldwide. The move makes holiday deals from sellers available on Amazon (AMZN) websites not only in the U.S. but also in China, India, Japan and Canada. European Union countries are included as well, though the EU has opened an investigation into Amazon’s tax practices on profits

Video: Google Cloud Pricing To Spur Amazon Pain, Says Citi

Google’s latest price cuts in cloud computing services don’t have the bite of its March reductions but will still pressure profit margins at bigger rival Amazon Web Services (AWS), says Citigroup. The investment bank’s earnings forecasts for e-commerce leader Amazon.com (AMZN) are below consensus views. “We believe the increased price competition at AWS has been the main contributor to the earnings disappointments and year-over-year margin decline

Video: Google Cloud Pricing May Spur Amazon Pain

Google’s latest price cuts in cloud computing services don’t have the bite of its March reductions but will still pressure profit margins at bigger rival Amazon Web Services (AWS), says Citigroup. The investment bank’s earnings forecasts for e-commerce leader Amazon.com (AMZN) are below consensus views. “We believe the increased price competition at AWS has been the main contributor to the earnings disappointments and year-over-year margin decline