Investors are displeased, but the strategy of moving away from lower-margin deliveries makes sense in the long run.
Amazon has paused testing of its delivery drones following a crash involving two of those drones, according to Bloomberg.
(Bloomberg) -- Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for ...
our revamped daily newsletter with reporting and analysis about the business of tech from Bloomberg’s journalists around the world. Today, Spencer Soper looks at Amazon’s effort to play nice ...
Amazon.com Inc. UPS’ core parcel operations have endured a prolonged demand trough as package volumes have fallen from pandemic-era peaks. Some customers also have traded down from premium to economy ...