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  • Amazon.com Inc met in Brazil last week with an array of manufacturers to discuss plans to stock and sell products from consumer electronics to perfume in the country, according to two people that took part in the meetings.

    Amazon is looking to lease a large warehouse just outside of Sao Paulo.

    E-commerce accounts for around 5 percent of Brazil’s roughly $300 billion retail market — about half its share in the United States — but has doubled in the past four years and is forecast to keep growing annually at a double-digit pace.

  • On free business and invisible market hand

    While we are on the subject, it is reported that the U.S. Post Office will lose $1.50 on average for each package it delivers for Amazon. That amounts to Billions of Dollars. The Failing N.Y. Times reports that “the size of the company’s lobbying staff has ballooned,” and that...

    I have stated my concerns with Amazon long before the Election. Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!

    Now as Trump is after them we can be calm.

  • 3 years post-launch, we have exceeded 100 million paid Prime members globally. In 2017 Amazon shipped more than five billion items with Prime worldwide, and more new members joined Prime than in any previous year – both worldwide and in the U.S. Members in the U.S. now receive unlimited free two-day shipping on over 100 million different items. We expanded Prime to Mexico, Singapore, the Netherlands, and Luxembourg, and introduced Business Prime Shipping in the U.S. and Germany. We keep making Prime shipping faster as well, with Prime Free Same-Day and Prime Free One-Day delivery now in more than 8,000 cities and towns. Prime Now is available in more than 50 cities worldwide across nine countries. Prime Day 2017 was our biggest global shopping event ever (until surpassed by Cyber Monday), with more new Prime members joining Prime than any other day in our history.

    Amazon.in is the fastest growing marketplace in India, and the most visited site on both desktop and mobile, according to comScore and SimilarWeb. The Amazon.in mobile shopping app was also the most downloaded shopping app in India in 2017, according to App Annie. Prime added more members in India in its first year than any previous geography in Amazon’s history. Prime selection in India now includes more than 40 million local products from third-party sellers, and Prime Video is investing in India original video content in a big way, including two recent premiers and over a dozen new shows in production.

    https://www.sec.gov/Archives/edgar/data/1018724/000119312518121161/d456916dex991.htm

  • Amazon says its median employee pay was $28,446 last year.

    That data, disclosed Wednesday in Amazon’s annual proxy report, is a reminder that while the technologists, business managers and marketers at Amazon headquarters can make more than $100,000, in most of the country, Amazon is a blue-collar logistics company where workers take home far less.

    In Seattle, Amazon’s more than 45,000 employees are paid an average of more than $110,000, according to an analysis of individual worker data posted to job review site Glassdoor. The median, or midpoint, of Amazon’s 566,000 individual employee salaries worldwide stood far lower.

    At Amazon’s dozens of logistics depots around the U.S., entry-level work generally starts at between $11 and $16 an hour, according to Amazon job postings and Glassdoor reviews

    https://www.seattletimes.com/business/amazon/amazon-workers-median-pay-in-2017-28446/

  • Big guys take it all

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  • Since start of May Amazon fully stopped buying advs at Google. More to come.

  • One more fish

    Amazon (NASDAQ:AMZN) and PillPack today announced that they have entered into a definitive merger agreement under which Amazon will acquire PillPack. PillPack is a pharmacy designed to provide the best possible customer experience in the U.S. for people who take multiple daily prescriptions. PillPack delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time.

  • I guess that when burning through all that wal street and VC money, you miss a few things, like maximizing package space

  • Amazon now controls 30% of cloud services market

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  • Want to join TV business

    Amazon is preparing the next phase of its pay-TV attack on Sky with plans to unleash its own smart television set and elbow its way into more homes.

    The television, developed alongside a group of Chinese manufacturers including Huawei, is being confidentially tested by DTG, the industry body that maintains Britain’s digital terrestrial broadcast technical standards.

    https://www.telegraph.co.uk/business/2018/07/14/amazon-targets-sky-smart-tv/

  • Prime day progress

    • Germany, Spain, and Poland strikes
    • US site crashed, seems like admins also went to rest
  • Amazon could reach 50% market share in 2018

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  • Report

    Operating cash flow increased 22% to $21.8 billion for the trailing twelve months, compared with $17.8 billion for the trailing twelve months ended June 30, 2017. Free cash flow increased to $10.4 billion for the trailing twelve months, compared with $9.6 billion for the trailing twelve months ended June 30, 2017. Free cash flow less lease principal repayments decreased to $4.1 billion for the trailing twelve months, compared with $5.4 billion for the trailing twelve months ended June 30, 2017. Free cash flow less finance lease principal repayments and assets acquired under capital leases decreased to $546 million for the trailing twelve months, compared with $1.4 billion for the trailing twelve months ended June 30, 2017.

    Net sales increased 39% to $52.9 billion in the second quarter, compared with $38.0 billion in second quarter 2017. Excluding the $760 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 37% compared with second quarter 2017.

    http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-newsArticle&ID=2360348