Amazon To Buy Zoox For Over $1 Billion

Zoox autonomous vehicles parked

In May, The Wall Street Journal reported that Amazon was in talks to purchase autonomous-vehicle tech company Zoox. The Information is reporting that both sides have agreed to the deal, worth more than $1 Billion and it could be announced as early as Friday. This is not the only investment Amazon has made in autonomous-vehicle […]

Amazon Expands With Fourth Fulfillment Center In Australia – Eyeing Two More Locations?

Amazon rendering of fulfillment center in Queensland Australia

Amazon Australia announced it is expanding its Australian operations, with the opening of its first Queensland fulfillment center (FC) in Brisbane later this year. The new facility is located at Goodman’s Port Industry Park in Lytton, Brisbane and is scheduled to begin operations before Christmas. The new fulfillment center will be around the same size […]

Amazon Establishes Global Counterfeit Crimes Unit

Amazon deliveries ready to be loaded into van

Amazon is launching a new Counterfeit Crimes Unit, dedicated to bringing counterfeiters attempting to list counterfeit products in its store to justice, the company said in a blog post. The global team will utilize former federal prosecutors, experienced investigators, and data analysts who will support the company’s efforts already underway to protect its store from […]

How Will Amazon Buyers’ Habits Change After The COVID-19 Crisis?

Man with laptop and credit card at table, closeup

At its peak, the pandemic was certainly the largest factor that guided both the global economy, as well as individual shopping habits of everyday people. Now that the pandemic is subsiding and hopefully soon to be in the rearview mirror, we can try and piece together the effects and lessons from this very turbulent chapter […]

Amazon, Valentino File Joint Lawsuit Against U.S.-Based Counterfeiter

BIrds eye view of Amazon headquarters in Seattle Washington

Amazon and Maison Valentino Italian luxury brand filed a joint lawsuit against Buffalo, New York-based Kaitlyn Pan Group, LLC and New York resident Hao Pan for counterfeiting Valentino’s iconic Valentino Garavani Rockstud shoes, and offering the infringing products for sale on https://kaitlynpanshoes.com/ and Amazon.com, in violation of Amazon’s policies and Valentino’s intellectual property rights. Amazon shut down […]

Amazon To Begin Using Mastercard Tokens In 12 Countries

Mastercard logo on credit card

Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical card number with a token, payment information is unique to each individual transaction and can be used only by the merchant that requested it. The rise […]

Amazon Antitrust Investigations Mount With Addition Of Two More State Probes

Amazon Fulfillment Center

Amazon’s scrutiny into its business practices regarding third-party marketplace sellers intensified over the last few days. Officials in California have been probing Amazon about how it uses data from third-party marketplace sellers, the New York Times and Wall Street Journal report. The reports claim California’s investigation focuses on Amazon’s use of internal sales data to make […]

Amazon Offers New Lending Program in Partnership With Marcus by Goldman Sachs

Amazon Sign Fulfillment Center

Amazon Lending is announcing a new partnership with Marcus by Goldman Sachs which allows them to offer a Marcus Business Line of Credit built specifically for Amazon sellers based in the U.S. Eligible sellers will receive invitations via Seller Central to apply with Marcus for the Line of Credit. Amazon started to notify some sellers […]

3M Fights Fraud on Amazon – Takes Legal Action Against Sellers

3M Global Headquarters

3M filed a legal action in federal court in California, asserting that a seller on Amazon defrauded its customers by charging grossly inflated prices for fake, defective, and damaged respirator products. The lawsuit alleges that Mao Yu and his affiliated companies falsely advertised as third-party sellers on Amazon under the 3M brand. The defendants, according […]