Latest E-commerce News
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
NEW YORK (AP) — Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. The Seattle-based e-commerce giant said it brought in $143.31 billion in revenue in the...
Tax-free status of movie, music and games traded online is on table as WTO nations meet in Abu Dhabi
GENEVA (AP) — Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music that are shipped across borders through the internet. But now, a global...
Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance
NEW YORK (AP) — Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. The e-commerce giant will replace drugstore operator Walgreens Boots Alliance in the Dow before the open...
