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Amazon Q1 Profit Trounces Street View, Sales Surge 44% SEATTLE (dpa-AFX) - Amazon.com Inc. (AMZN) Thursday reported first-quarter results, with both earnings and revenues trouncing Wall Street estimates, as the online retail giant continues to benefit from the ongoing COVID-19 pandemic as more and more customers shop on the e-commerce platform. Looking forward, the company issued a strong second-quarter revenue outlook, indicating that the company expects the momentum to continue. Seattle, Washington-based Amazon's first-quarter profit surged to $8.1 billion or $15.79 per share from $2.5 bill...

India Business News: Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the US online retai

By Reuters Staff 2 Min Read NEW DELHI (Reuters) - Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the U.S. online retail giant said on Tuesday. FILE PHOTO: The logo of Amazon is pictured inside the company's office in Bengaluru, India, April 20, 2018. Picture taken April 20, 2018. REUTERS/Abhishek N. Chinnappa/File Photo The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology in the southern city of Chennai, marking the first time one of Amazon’s devices will be manufactured in India. Am...

The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn, the U.S. online retail giant said on Tuesday. The Fire TV Stick will be made by Foxconn subsidiary Cloud Network Technology in Chennai, marking Amazon's first foray into having one of its devices manufactured in India. Amazon said hundreds of thousands of Fire TV Sticks would be produced per year, helping it meet the demands of Indian customers. "Amazon will continuously evaluate scaling...