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Amazon: Amazon triples quarterly profit as cloud surges

Ecommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived. "While the core e-commerce business is no longer the biggest growth driver, it remains an essential component of the Amazon flywheel, particularly in propelling its ad business," Droesch said.
Saudi Arabia Blake Droesch Jeff Bezos Neil Saunders Brian Olsavsky Andy Jassy

Starbucks links with Amazon Go for first cashier-less cafe : Tech News

Starbucks links with Amazon Go for first cashier-less cafe Starbucks Corp's newest cafe lacks one element most customers are used to seeing: cashiers. The global coffee chain on Thursday opened its first ever location in partnership with Amazon Go, the e-commerce giant's brick-and-mortar convenience store, where customers can sit at a table with a latte
New York United States Tom Bailey White Castle Kathryn Young Mcdonald Corp

Early Buddhism's links with urbanisation and commerce - Opinion

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Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen

Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopen : Rashtra News #Tussle #continues #logistics #cos #aggregators #ecomm #grows #offline #stores #reopen After learning that online logistics aggregators were trying to woo away their clients with lower prices, three large ecommerce-focussed delivery firms simultaneously hiked their fees for these aggregators
India General United States Yashas Karanam Anirudh Sharma Sushant Goel Ayush Bathwal

PhonePe: PhonePe poured bulk of past year's investments into insurance business

The infusion of Rs 426 crore to PhonePe Insurance Broking Services points to the payment companys bullish bet on the segment. PhonePe has infused more than Rs 1,000 crore as equity investment in its insurance unit since it was licensed, according to information sourced from the Registrar of Companies.
Vivek Lohcheb Ujjwal Jain Vishal Gupta Network For Digital Commerce Pincode Shopping Solutions Phonepe Insurance Broking Services

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