When Jeff Bezos donned a bandhgala jacket two years ago and posed for photographs in India, he wasn’t just promoting Amazon.com Inc.’s year-old business in the country. The web retailer’s chief executive officer was also putting his reputation on the line to break into the emerging e-commerce market. Now, with 80 million products for sale, 120,000-plus merchants and more than ... Read More »
Tag Archives: Amazon.com
Alibaba’s E-Commerce App Has A Social Network Facebook Would Love
Alibaba Group Holding has tried to shake the perception that it’s just the eBay or Amazon.com of China by pushing into social media and entertainment and actively investing in startups like Snapchat. Case in point: Alibaba’s Taobao mobile app, which allows users to join chat groups dedicated to fishing and more, book travel tickets, read the news, order takeout-and, yes, ... Read More »
Record high on Wall Street lifts Asian spirits
SYDNEY: Asian stocks got off to an encouraging start on Monday after strong results from the likes of Microsoft drove Wall Street to another record closing high, while the safe-haven yen slipped in thin early trade. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent, steadying after last week’s 1.1 per cent slide — the biggest ... Read More »
Google Heightens Rivalry With iPad
Google Inc., GOOG -1.12% undaunted by a short-lived attempt to market and sell smartphones on its own, is now trying the approach with tablet computers in a quest to capture market share from Apple Inc.’s AAPL -1.26% iPad. The Internet search company will sell co-branded tablets directly to consumers through an online store like rivals Apple and Amazon.com Inc., AMZN +1.72% according to ... Read More »
Apple vs Samsung ruling: Secret data leaked
NEW YORK: A US court error offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation. The material appears to be less important for what it says about the companies than what it reveals about efforts to keep court proceedings secret. In denying Apple’s bid to ... Read More »