Jeff Bezos says Amazon will ‘keep investing’ in India as rivals raise new war chests

 Amazon CEO Jeff Bezos has pledged to continue to invest in India as it bids to keep pace with rivals in the country that have landed large investments from big name backers. SoftBank and Alibaba have pumped close to $2 billion into Paytm lately while India’s original online retailer, Flipkart, won the backing of prestigious trio Microsoft, eBay and China’s Tencent via a recent… Read More

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Is Whole Foods a healthy option for Amazon?

 Over the past few years we’ve seen Amazon testing new ways of getting groceries in consumers fridges, with Amazon Fresh, Amazon Fresh Pickup, drone delivery, and Amazon Go. As I look back with this acquisition, I can’t help to think, “Were they just preparing for this the whole time or did they realize they couldn’t do it alone?” Read More

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Amazon ends its unlimited cloud storage plan

 Another cloud storage party is over, guys: Amazon is sunsetting its unlimited cloud storage plan for Amazon Drive — although members of its Prime subscription club will still get unlimited cloud storage for photos. Read More

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AmazonFresh opens its grocery Pickup locations in Seattle

 Amazon has officially begun operating its AmazonFresh Pickup locations in Seattle, letting customers order groceries ahead of time and then quickly grab them on their way home. The service requires as little as 15 minutes advance notice, without any minimum purchase requirements, and it’s a free service for any Amazon Prime members. Amazon first revealed Pickup back in March, but… Read More

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Why Amazon is eating the world

 I co-founded a software startup in December. Each month, I send out an update to our investors to keep them updated on our progress. But the past month was a bit different – our industry (retail) is going through a transformation. Instead of just writing about our ‘internal’ news, I wrote about the impending apocalypse in the broader world of retail. More specifically, I… Read More

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Amazon beefs up drone delivery R&D in Cambridge

 Amazon is expanding its R&D facilities in Cambridge, UK, with a plan to move into a new 60,000sq ft site in the city with capacity for more than 400 staff. Read More

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