SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Technology StocksAmazon.com, Inc. (AMZN)


Previous 10 Next 10 
From: Glenn Petersen7/3/2019 4:56:04 PM
   of 163909
 
Inside the conflict at Walmart that’s threatening its high-stakes race with Amazon

Walmart bought Jet.com to compete with Amazon, but Jet founder Marc Lore is feeling the heat as e-commerce losses surpass $1 billion.

By Jason Del Rey @DelRey
Recode/Vox
Jul 3, 2019, 6:30am EDT



Amazon now accounts for nearly 38 percent of online retail in the US. Walmart has just 4.7 percent. Javier Zarracina/Vox
_________________________

In September 2016, Walmart made a giant, risky bet.

The country’s most dominant brick-and-mortar retailer agreed to the largest-ever acquisition of an e-commerce company: a $3.3 billion purchase of a fast-growing but money-sucking online shopping site called Jet.com.

There were no other bidders for Jet back then, but Walmart was desperate to close the huge gap between itself and Amazon, the online shopping wrecking ball. And CEO Doug McMillon had become convinced that Jet founder and CEO Marc Lore, who previously founded Diaper s.com and sold it for a fortune to Amazon, was perhaps the only person who could do it.

Nearly three years later, Walmart’s stock price is up 53 percent, compared to a 38 percent increase for the S&P 500 over the same period of time.

The company’s US online sales increased 40 percent last year, buoyed by a successful expansion of an online grocery business; the digital-first brands and digital-first talent it has acquired have breathed new life into its portfolio; and it has shed at least part of its reputation for being a digital dinosaur.

Walmart is, by most measures, in a more competitive position than it was before it acquired Jet.

But it’s still far behind Amazon, and inside Walmart, tensions are rising. Multiple sources tell Recode that the company is projecting losses of more than $1 billion for its US e-commerce division this year, on revenue of between $21 billion and $22 billion. Walmart does not disclose these figures publicly and declined to comment.

That size loss is an eye-popping figure for a company that is used to printing cash and that prides itself on its profitable operations; the overall Walmart business brought in nearly $7 billion in profits during the last fiscal year.

And CEO Doug McMillion and Walmart’s board of directors are not happy about it. So they are increasing pressure on Lore and his online business to cut losses, multiple sources told Recode, which will likely result in selling off at least one online fashion brand, ModCloth, which it purchased just a few years ago.

To make matters worse, the executive team that leads Walmart’s core business in the US — physical stores — is increasingly frustrated by some of the money-losing initiatives, and sources say its leader is perturbed by the credit Lore’s division gets in the media and on Wall Street for the success of Walmart’s growing online grocery business.

While this strained dynamic inside Walmart is not unheard of for a well-established company attempting to navigate big, technological disruption, the stakes are huge and the company cannot afford the delays that typically result from infighting.



Walmart CEO Doug McMillon delivers his keynote during the annual shareholders meeting event on June 1, 2018, in Fayetteville, Arkansas. Rick T. Wilking/Getty Images
__________

Amazon now accounts for nearly 38 percent of online retail in the US, up from 32 percent in 2016, according to an estimate from eMarketer. Walmart, on the other hand, accounts for just 4.7 percent, up from 2.6 percent three years ago.

While e-commerce still only represents 5 percent of Walmart’s entire US business, it represents where the industry is moving.

This is the reality Lore is still struggling to get Walmart’s entire executive team and board to accept, though sources say McMillon also acknowledges it: E-commerce in the US is becoming a “winner take all” industry. Or, at a minimum, a “winner take most” market.

Amazon is a very real existential threat to Walmart’s entire future if the retailer does not significantly close this gap — and fast. If Walmart falls further behind Amazon or doesn’t make up ground, we’re increasingly likely to face a future where Amazon is even more the de facto online store for everyone, with little legitimate competition or compelling alternatives on the market.

Money-losing is not the Walmart waySo Walmart is in full catch-up mode just to make a dent in Amazon’s lead.

Lore has aggressively pitched the company’s management and board on the idea that Walmart needs to spend billions a year on new warehouses if it’s going to seriously compete online with “the Everything Store” and its speedy delivery offerings, sources say.

Amazon has 110 fulfillment centers in the US, while Walmart has 20 at most. Walmart’s in-store selection is also not large enough to use stores to fulfill online general merchandise orders at a scale that would rival Amazon’s product catalogue.

The problem is that building the online version of the Everything Store requires millions more products, and that means two things that Walmart’s current infrastructure does not support: dozens more e-commerce warehouses and a lot more merchants and brands selling through Walmart.com.

The former is mainly a cash problem. As in, you need to spend a lot of cash to build a warehouse network to rival Amazon’s. But Walmart has not secured the same trust — and long leash — from Wall Street investors that Amazon has.

Amazon, on the other hand, has literally been building out its warehouse infrastructure for two whole decades, and it can offset its losses from expensive investments via high-profit businesses like Amazon Web Services and its fast-growing advertising business.

Adding more selection certainly involves hiring more corporate employees to source tons of new brands, but it also requires the infrastructure to be able to keep the quality of products high while rapidly expanding selection. And that’s not an easy proposition, as Walmart has found and as Amazon certainly has too.

Walmart has mostly rebuffed Lore’s entreaties for huge new warehouse spending, in part because of how much deeper into the red the investments would put the e-commerce business over the next few years.

But sources say the company recently did agree to some investments that would expand and improve current e-commerce warehouses, while possibly adding more new facilities. The timing is important because Walmart recently announced a push to offer free, next-day shipping on a curated selection of up to 220,000 items — with no membership fee.

That followed an Amazon announcement a few weeks earlier that the standard shipping speed for Amazon Prime members, who pay $119 a year for a membership, would soon decrease from two days to one day. Amazon says that shipping speed will be available on more than 10 million products, dwarfing Walmart’s selection.

Walmart has added more than 2,000 new brands to its website over the past year, in part through acquisitions of online specialty retailers.

“It’s taking longer than I thought it was going to,” McMillion told analysts in October of the e-commerce unit’s profitability, “and I have been surprised at just how many brands there are out there to get signed up. ... Who knew we needed 2,000 of them. I didn’t.”

Even so, there is still a huge online selection gap between Amazon and Walmart, and it’s a critical reason for Amazon’s success.

First, the wider the selection, the more types of orders a customer can depend on Amazon for, and thus the more frequently they shop on Amazon.

Second, online retailers like Amazon and Walmart can typically squeeze more profits from lower-volume goods, such as an obscure book, a generic Halloween mask, or an air filter — what is referred to in the retail industry as the “long tail.”

While big retailers beat each other up on price for the most popular and oft-purchased items, like name-brand diapers or toothpaste, they often have more wiggle room on profits in the long tail. And Amazon’s long tail is millions of products long.

How Walmart’s next-day delivery push will impact profitability remains to be seen. At least initially, a large percentage of products available for next-day delivery consist of those that would be unprofitable if they were ordered on their own, two sources told Recode. That might also be true for Amazon, but Amazon has Prime members’ annual membership fee to help cover shipping costs.

Walmart is hopeful that the $35 minimum order threshold it has set for its free, next-day delivery program will lead to multi-item orders, which have a better shot at creating a profitable order. And that explains why Lore has publicly said that next-day shipping can actually help profits, because multi-item orders will typically now come in one box from the same warehouse, rather than from several, saving the company on shipping costs in the process.

Selling off new assetsThe push to rein in losses has also forced Lore to reevaluate some of his division’s non-core, money-losing businesses. As a result, Walmart will likely sell at least one of the three digital fashion brands the company has bought under Lore.

Lore has overseen the acquisitions of the menswear brand Bonobos for $310 million, the vintage-style clothing brand ModCloth for less than $50 million, and, most recently, the women’s plus-sized fashion brand Eloquii for $100 million. Part of the thinking was that those deals would give Walmart and its online stores exclusive merchandise that shoppers can’t find on Amazon, which could help the Middle America retail giant appeal to a new generation of consumers who typically wouldn’t shop at Walmart.

But all three businesses are still unprofitable, sources say. And in recent months, Walmart has discussed the potential sale of both Bonobos and ModCloth to separate outside buyers, according to multiple sources familiar with the discussions.

ModCloth will likely be sold this year, these people said, and almost certainly for less than what Walmart paid for it. On the other hand, Walmart plans to hang on to Bonobos, after contemplating a sale but deciding against it.

The decision to sell ModCloth appears to stem from a realization that Walmart is going to be unable to turn around the company’s economics in the near term. The company was not performing well before the acquisition, and the business has not improved dramatically since.

The Bonobos talks, on the other hand, started after a private equity firm expressed unsolicited interest in purchasing the brand, two sources said. Walmart engaged in some discussions but ultimately decided against a sale.

Either way, Walmart has decided to stop purchasing digital-native brands for at least the next year, according to three sources, barring an incredible acquisition opportunity that is just too good to pass up. Buying these brands was part of Lore’s vision for how Walmart would differentiate from Amazon, so this shift is more evidence that some of his plans aren’t working out how he and Walmart had hoped.

Walmart does plan to continue to incubate its own brands, but with a focus on ones that are natural fits to be sold on Walmart.com and at Walmart stores. The company launched a mattress brand, Allswell, last February in both Walmart’s physical and digital storefronts, to compete with other bed-in-a-box brands like Casper and Tuft & Needle. The company has also been working on a new beauty brand, but it is unclear when or if it will launch publicly.

On the other end, no Bonobos, ModCloth, or Eloquii products are sold on Walmart.com or in Walmart’s stores. These brands are sold on Jet.com, but Walmart continues to deprioritize the shopping site Lore founded and to scale back its ambitions. Walmart has significantly cut the marketing dollars it spends on Jet since the acquisition, as well as the geographic markets in which it promotes the shopping site. And Lore announced last month that Jet’s president would be leaving the company and that the Jet team will be folded into the larger Walmart organization.

Internal tensionsAll the while, the relationship between Lore and Walmart US CEO Greg Foran has soured, according to two sources familiar with the dynamic. One sore spot is the online grocery business. Foran is miffed by the public credit that Lore’s division gets for the growth of the service, which involves shoppers placing orders online but picking them up curbside at one of 2,000-plus stores after they are picked out by Walmart store employees. The program launched before Walmart acquired Jet.com.

“Greg and Marc started out in a good place,” one person familiar with the dynamic told Recode. “But over time, it’s very hard to be the person running a huge part of the organization that’s printing all the cash and get no public credit.”

The two leaders have also had strategic disagreements over the size of the losses that Lore’s online businesses are racking up in the US, and how resources could otherwise be allocated to moneymaking initiatives inside Walmart’s physical stores. Foran would prefer more resources go toward initiatives with clearer payoffs, like cutting in-store prices, multiple sources told Recode.

Foran and some members of his leadership team have also been frustrated by some of the company’s money-losing forays into building in-house startups that seem unlikely to ever reach mass scale or grow large enough to move the needle for Walmart’s overall business.

Walmart launched an incubation arm, called Store No. 8, under Lore, and one of its in-house startups is Jetblack, a Walmart-incubated personal shopping service initially targeting affluent moms that is only available in New York City. Members pay $50 a month to be able to order a wide range of products day and night — via text message — with no added delivery fee.

Lore recently commented that Jetblack customers spend on average $1,500 a month through the service, but Walmart has not released any information about how many customers the startup is serving or disclosed any financial metrics.

“The whole Walmart culture is to be humble, so all these startup announcements are countercultural in Bentonville,” one source said.

One other factor to keep in mind, though it’s unclear if it contributes to the Foran-Lore tension: In past years, Foran’s annual performance bonus has been heavily tied to the operating profit of Walmart’s US business, which includes the e-commerce division that Lore runs. Walmart’s US operating profit hasn’t, however, factored into Lore’s annual bonus.

Either way, the politics and push-pull has worn Lore down, according to three people who know him well.

Lore still largely has McMillon’s support, but the entrepreneur has not previously had a boss for this length of time since at least the early 2000s.

All three sources told Recode that they do not know for sure whether Lore will stay at Walmart for the full five years — through the fall of 2021 — that he agreed to at the time of the acquisition. But all three said they would be surprised if he does.

“The public narrative is basically that Marc is boosting the top line and hitting all these numbers,” one of these people said. “But then you talk to people internally and it’s doom and gloom. He’s suffering.”

Still, a person familiar with Lore’s thinking said the e-commerce executive fully intends to keep his commitment to stay at Walmart for least five years. Among the reasons: a sense of loyalty to McMillon.

But he has other good reasons, too. Entering this fiscal year, Lore was still owed $291 million in cash from the acquisition over the next three years, as well as shares of Walmart stock that’s valued at nearly $300 million today.

What’s nextSome inside Walmart would like the company to lean even harder into its digital strength: its grocery business. By the end of this year, Walmart says it will offer grocery pickup from 3,100 stores across the US and same-day grocery delivery from 1,600 stores. Walmart also plans to soon restart an experimental service where it will deliver groceries to someone’s home and actually load up the customer’s fridge when they get there.

Executives in this camp believe Walmart doesn’t need to match Amazon blow for blow when it comes to the size of its online product catalog, as long as Walmart builds a larger online grocery business than Amazon does.

Such an approach would resemble in some ways what Target has done: differentiate in one way, and then scale back the ambition of building the Everything Store online. In Target’s case, it differentiates itself through a growing assortment of exclusive in-house lines like the kids’ clothing brand Cat & Jack and the women’s apparel brand A New Day. Both now register more than $1 billion in sales annually and are only sold at Target stores and on Target.com.

The company is also fulfilling more than 80 percent of Target.com orders from its stores, meaning both that Target doesn’t need a ton of expensive warehouses and also that it is okay selling mostly the products that can fit in those stores.

The problem with a similar approach for Walmart is that investors are likely to punish it if it invests too much in the future, but they are bound to also disapprove if Walmart greatly scales back its overall ambition. That mainly has to do with its size: In the past fiscal year, Walmart’s US business had revenue of more than $330 billion. Target’s revenue, on the other hand, was a fraction of that at $75 billion.

In the end — whether Lore stays or goes, whether Walmart management and its board come to a better alignment on how aggressively to challenge Amazon or not — one counterintuitive thing is for sure: Amazon actually needs Walmart to be a strong No. 2 competitor in online commerce.

That’s because politicians and the Federal Trade Commission are already asking tough questions about Amazon’s business practices and market power. How much more intense would the scrutiny get if it became clear that even Walmart, with its history and its own market power, didn’t stand a chance against Amazon?

vox.com

Share RecommendKeepReplyMark as Last Read


From: TimF7/3/2019 8:16:49 PM
   of 163909
 
Appeals court rules Amazon can be held liable for third-party products
Brian Heater

In a blow to Amazon, a U.S. appeals court ruled that the mega-retailer can be held accountable for faulty third-party sales. The ruling arrived this week via the 3rd U.S. City Court of Appeals in Philadelphia, running counter to a past lower court ruling that had come out in Amazon’s favor.

If upheld, the ruling could have a big impact on the way the company does business. Nearly half of the items sold through the site are handled by third-party sellers. That accounted for around $11 billion in Amazon’s revenue for the previous quarter.

The ruling is in line with Pennsylvania law — liability for products often varies from state to state. Resident Heather Oberdorf sued the company in federal court back in 2016 over a retractable dog leash that snapped, breaking her glasses and causing permanent loss of vision in her left eye.

“It’s gratifying that the 3rd Circuit agreed with our argument and recognized that the existing interpretation of product liability law in Pennsylvania was not addressing the reality, the dominance that Amazon has in the marketplace,” Oberdorf’s lawyer told Reuters.

Amazon has yet to comment on the case, but it seems likely the company will ultimately appeal the ruling. A lower court will rule on whether the leash that caused Oberdorf’s injury was, indeed, defective.

techcrunch.com

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


From: Ron7/3/2019 9:53:32 PM
   of 163909
 
Court Rules Amazon Can Be Held Liable for Third-Party Sales
thehill.com

Share RecommendKeepReplyMark as Last Read


To: TimF who wrote (163787)7/3/2019 11:02:57 PM
From: Sr K
   of 163909
 
A fabricated "case". You can tell from the person's comments and what she didn't say, and the attorney's comments, if you know something about science and ophthmology.

I like the sarcastic comments (elsewhere) that this if upheld will go after VISA and MasterCard, for what a store sells.

Share RecommendKeepReplyMark as Last Read


From: Glenn Petersen7/7/2019 10:07:02 AM
   of 163909
 
These Are All the Businesses You Never Knew Were Owned by Amazon

This is everything (we know of) owned by “The Everything Store.”

By Leticia Miranda and Leticia Miranda
BuzzFeed News Reporter

Posted on July 5, 2019, at 12:00 p.m. ET

Everything about Amazon in 2019 is inconceivably big: Amazon will make up an estimated 38% of the US e-commerce market this year, according to the online commerce research firm eMarketer, and already dominates 67% of the online books, music, and video market; 46% of the online computer and electronics market; 45% of the online toy market; and 34% of online furniture sales. And with more than $25 billion in revenue just from Amazon Web Services last year, Amazon is the world’s largest cloud services provider.

Its sheer size and influence has caught the attention of regulators and lawmakers like Sen. Elizabeth Warren, who proposed a plan to break up Amazon and other technology companies in March. In its defense, Amazon said it makes up just 4% of all US retail sales.

But taken as a whole, Amazon is much more than a retail platform. The company — which originally incorporated on July 5, 1994, under the business name “Cadabra” and started selling books under the new name Amazon on July 16, 1995 — has expanded into a complex web of businesses and subsidiaries that make it easy to walk into and difficult to walk out of. Its reach stretches from review sites like Goodreads to shoe sales on Zappos to devices like Ring to baby clothing sold in its marketplace to educational tools for teachers, like entire math curriculums.

Few corners of business are untouched by Amazon. You might be shopping on an Amazon-owned site even if you don’t think you are, or be looking at a website or using an app that uses one of many of Amazon’s web services.

We compiled this list of all Amazon’s businesses and subsidiaries in honor of the company’s anniversary. In addition to the countless companies Amazon has acquired and services it has launched, we found Amazon has more than 80 private-label brands across all categories, including a dozen women’s clothing brands and (inexplicably) seven denim brands, showing how the company has expanded quietly, but at an aggressive pace. Quartz reported that Amazon has either been awarded or applied for 800 trademarks.

This list is not exhaustive (the company is pretty hush-hush about its businesses), some of the listed businesses here have been discontinued or absorbed into other services on the list, and there were lots of questions about how to categorize certain things. So the list is imperfect, but the point is: there are hundreds of products, brands, and services that Amazon offers that often don’t even use the Amazon name. Take a look at what’s already crossed our radar — this is just the surface, and surely there are many more to come.

APPAREL AND ACCESSORIES

Zappos
An online shoe and clothing shop owned by Amazon. It was acquired by Amazon in 2009 for $1.2 billion.

206 Collective
An Amazon brand of leather-based men’s and women’s shoes.

28 Palms
An Amazon brand of men’s floral-print button-ups and polo shirts.

Body Labs
Amazon acquired the 3D body model startup in 2017. It was recently recruiting volunteers to get their bodies scanned.

Cable Stitch
An Amazon brand of women’s knitwear.

Haven Outerwear
An Amazon brand of outerwear, including coats and vests.

The Plus Project
An Amazon brand of outerwear.

Signature Society
An Amazon brand of women’s clothing.

Savoir Faire
An Amazon brand of women’s clothing.

Hayden Rose
An Amazon brand of women’s clothing.

Essentialist
An Amazon brand of women’s clothing.

Wild Meadow
An Amazon brand of women’s clothing.

Daily Ritual
An Amazon brand of women’s loungewear.

The Luna Coalition
An Amazon brand of women’s loungewear.

Camp Moonlight
An Amazon brand of women’s clothing.

Painted Heart
An Amazon brand of women’s clothing.

Clifton Heritage
An Amazon brand of men’s clothing and accessories.

Quality Durables Co.
An Amazon brand of casual men’s clothing.

Leather Architect
An Amazon brand of leather wallets.

Coastal Blue
An Amazon brand of women’s swimwear.

Ocean Blues
An Amazon brand of women’s swimwear.

Comfort Denim Outfitters
An Amazon brand of men’s denim.

Rugged Mile Denim
An Amazon brand of men’s denim.

Denim Bloom
An Amazon brand of women’s denim.

HALE Denim
An Amazon brand of women’s denim.

Madison Denim
An Amazon brand of women’s denim.

Indigo Society
An Amazon brand of women’s denim.

Lily Parker
An Amazon brand of women’s denim.

Crafted Collar
An Amazon brand of men’s collared shirts.

Isle Bay Linens
An Amazon brand of men’s clothing.

Wood Paper Company
An Amazon brand of men’s clothing.

7Goals
An Amazon brand of women’s activewear.

Goodsport
Amazon’s activewear brand.

Peak Velocity
An Amazon men’s activewear brand.

Mint Lilac
An Amazon brand of women’s activewear.

Core 10
An Amazon brand of women’s activewear.

Rebel Canyon
An Amazon activewear and sports apparel brand.

Franklin & Freeman
An Amazon men’s dress footwear line.

Franklin Tailored
An Amazon men’s business wear line.

James & Erin
An Amazon women’s wear line.

Lark & Ro
An Amazon brand that offers women’s wear-to-work staples and polished essentials.

North Eleven
An Amazon women’s wear line featuring cardigans, sweaters, and ponchos.

Society New York
An Amazon women’s business casual wear line featuring dresses and purses.

Ella Moon
An Amazon brand of bohemian-inspired women’s wear.

Mariella Bella
An Amazon brand of women’s clothing.

Plumberry
An Amazon brand of women’s clothing.

Smitten
An Amazon brand of women’s clothing.

Social Graces
An Amazon brand of women’s formalwear.

The Cambridge Collection
An Amazon brand of women’s formalwear.

Velvet Rope
An Amazon brand of women’s formalwear.

Something for Everyone
An Amazon brand of casual clothing and shoes.

Suite Alice
An Amazon brand of women’s clothing.

Mae
An Amazon brand that offers fashion intimates, loungewear, and sleepwear.

Paris Sunday
An Amazon women’s brand of dresses and separates.

True Angel
An Amazon brand of women’s clothing.

Amazon Essentials
An Amazon brand that offers men’s and women’s basics.

Buttoned Dow n
An Amazon menswear brand that offers business and casual options.

Goodthreads
An Amazon menswear brand.

Arabella
An Amazon womenswear brand including bras, shapewear, and sleepwear.

East Dane
A subsidiary of Amazon, the global online retail site offers more than 125 designer men’s brands.

Good Brief
An Amazon brand of men’s underwear.

Madeline Kelly
An Amazon brand of women’s underwear.

The Slumber Project
An Amazon brand of pajamas.

Trailside Supply Co.
An Amazon brand of men’s ski and snowboard gear.

Ugly Fair Isle
An Amazon brand of Christmas sweaters.

Kold Feet
An Amazon brand of socks.

Stocking Fox
An Amazon brand of stockings.

The Fix
An Amazon brand of shoes and accessories.

The Lovely Tote Co.
An Amazon brand of handbags.

Moon and Back
An Amazon brand of baby clothing.

Scout + Ro
An Amazon brand of clothing for children.

Emma Riley
An Amazon brand of girls clothing.

A for Awesome
An Amazon brand of children’s clothing.

Kid Nation
An Amazon brand of children’s clothing.

Spotted Zebra
An Amazon brand of children’s clothing.

Shoefitr
Software that recommends shoe sizes for customers. Amazon acquired Shoefitr in 2015.

BEAUTY AND HEALTH PRODUCTSBelei
Amazon’s line of private-label skincare products, launched in 2019.

Amazon Elements
An Amazon brand that offers everyday essentials, such as vitamins and supplements.

BRICK-AND-MORTAR STORES

Amazon Books
A chain of 18 brick-and-mortar bookstores that launched in 2015.

Amazon 4-star
A chain of three stores featuring a selection of the top products rated four stars and above for sale on Amazon.com. The first Amazon 4-star store was launched in 2018.

Amazon Go
A chain of four no-checkout convenience stores launched in 2016.

Presented by Amazon
A chain of four kiosks of top brands on Amazon.com that launched in May 2019.

EDUCATION

TenMarks Education
A company that provides personalized online math practice and enrichment programs for K-Algebra/Geometry using technology products. One product, called Amazon Inspire, was a content discovery service that provides teachers access to a library of educator-created digital educational resources. Amazon, which acquired the company in 2013, recently discontinued TenMarks’ tools.

Amazon Whispercast
A platform that lets educators buy, manage, and distribute e-books and apps from Amazon’s Kindle and Apps & Games stores, directly to students.

Amazon Inspire
A resource group for teachers and educators to share and discover digital resources, worksheets, lesson plans, and assessments.

ELECTRONICS AND DEVICES

Amazon Kindle
An e-book reader sold by Amazon.

Amazon Fire
A tablet computer developed by Amazon and Quanta Computer.

Amazon Echo
A smart speaker that connects to the voice-controlled, intelligent personal assistant service Alexa. The market research firm eMarketer estimates the Echo will account for roughly 63% of all US smart speaker sales in 2019. To compare, the firm estimates Google will account for 31% of the market.

Amazon Alexa
Alexa is an intelligent personal assistant service developed by Amazon.

Amazon Cloud Cam
An internet-connected security camera that works with Alexa. The device, launched in October 2017, works as a part of Key by Amazon, a service offered to Amazon Prime members as a way to get deliveries inside their home by giving Amazon contractors a one-time code to smart locks.

Blink
A home automation company that creates outdoor and indoor security cameras. Amazon acquired the company for $90 million in late 2017.

Ring
A smart doorbell company Amazon acquired in 2018 for $1.2 billion. The Ring device is a Wi-Fi–enabled doorbell that can stream live video of a doorstep to a smartphone or tablet.

NuPro
An Amazon brand of tech accessories, including screen protectors for Amazon Fire tablets.

ENERGY

Amazon Wind Farm Texas
A 100-turbine wind farm in West Texas, opened in late 2017. The farm is the largest of Amazon’s 18 renewable energy projects, including wind and solar farms, in the US. Amazon said it would purchase 90% of the facility’s output.

FOOD AND BEVERAGES

Whole Foods Market
Amazon bought Whole Foods in 2017 for $13.7 billion. Whole Foods is a brick-and-mortar supermarket chain featuring organic foods as well as foods without artificial preservatives, colors, flavors, sweeteners, or hydrogenated fats.

Amazon Restaurants
Amazon’s food delivery service. The company recently shut it down.

Amazon Treasure Trucks
These food trucks are scattered around the country and sell everything from steak to Philips Hue lights.

Happy Belly
A private Amazon label of everyday essentials such as coffee and spices.

Wickedly Prime
An Amazon brand that offers food and beverages such as popcorn, chips, soup, and tea. It’s like Amazon’s version of Trader Joe’s.

Single Cow Burger
Burger patties made exclusively for AmazonFresh.

AmazonFresh
Amazon’s grocery delivery service currently available in some US states, London, Tokyo, and Berlin, Munich, and Hamburg, Germany.

Prime Pantry
An Amazon service that ships nonperishable grocery items for an additional fee.

Wag
An Amazon brand of dog food.

FINANCE

Amazon Lending
An invite-only loan program Amazon offers to sellers at various interest rates. The company said it has loaned billions of dollars to sellers since the program launched in 2011.

Amazon Pay
Amazon’s online payment-processing service. It was launched in 2007.

Tapzo
Amazon acquired Tapzo, the popular Indian payment platform, for $40 million in 2018. Then it shut down the company and moved its users to Amazon Pay.

GAMING

Curse
A video game service company known for Curse Voice, which is like Skype for gamers. Players can easily get in touch and speak with each other over the internet as they play a game.

Amazon GameOn
An Amazon business launched in 2018 that enables developers to add e-sports competitions to mobile, PC, and console games so that players can win prizes.

Double Helix Games
A video game development company acquired by Amazon and renamed Amazon Game Studios in 2014.

GameSparks
Amazon in 2017 acquired GameSparks, a “backend as a service” provider allowing game developers to build gaming features and manage them all in the cloud.

HEALTH CARE

1492/the Amazon Grand Challenge/Project X
A secret lab dedicated to health care research started in 2014. The project has reportedly started pitching Hera, which analyzes electronic medical records for incorrect codes or misdiagnoses.

Basic Care
Amazon’s over-the-counter medicine line that includes products ranging from its own brand of ibuprofen to hair-regrowth treatment.

PillPack
An online pharmacy purchased by $1 billion in 2018. PillPack is an online pharmacy that sends customers prepackaged medication doses.

HOUSEHOLD ITEMS AND FURNITURE

AmazonBasics
Amazon’s brand of household supplies, kitchen accessories, and tech accessories.

Fabric.com
A wholesale fabric store.

Pike Street
An Amazon brand of linens.

Mama Bear
Baby and family-focused products from Amazon, including diapers, baby food, and laundry detergent.

Presto!
A household-essentials line from Amazon that offers bio-based laundry detergent, dish soap, paper towels, and more.

Solimo
An Amazon brand of assorted household, personal care, beauty, and pet products.

Pinzon
An Amazon brand that offers everything from luxurious sheet sets, duvet covers, and comforters, to high-quality bath mats and bath towels.

Small Parts
An Amazon brand of spare parts, including magnets and steel wire.

Rivet
An Amazon private-label brand of midcentury modern furniture and decor.

Stone & Beam
An Amazon brand of furniture made with performance and stain-resistant fabrics to last.

Strathwood
An Amazon brand of outdoor furniture.

MEDIA AND ENTERTAINMENT

Amazon Media on Demand
An Amazon business that manufactures and ships CDs and DVDs.

Amazon Studios
A division of Amazon that develops television shows, distributes and produces films. It uses online submissions and crowdsourced feedback.

Amazon Tickets
An Amazon business launched in the UK in 2015 that sold tickets to concerts and live events. It was closed in 2018.

Prime Video Direct
A film and video distribution service that allows filmmakers to upload their projects onto the site to be seen on Prime Video.

Amazon Prime Music
Amazon’s ad-free access to curated Prime Playlists and personalized Prime Stations available to Prime members.

IMDb
A subsidiary of Amazon, the Internet Movie Database, or IMDb, is an online database of information related to films, television programs, and video games, including casts, production crews, characters, biographies, plot summaries, trivia, and reviews.

Box Office Mojo
A site owned by IMDb, which is owned by Amazon, that tracks box office revenue and publishes the data on its website.

ComiXology Unlimited
An Amazon subscription service described as the "Netflix for comics.”

IMDbPro
Members pay a monthly fee to access entertainment industry information, including credits and contact and representation information for TV and film professionals.

Withoutabox
A free submission service for film festivals and filmmakers acquired by Amazon through its acquisition of IMDb. Festival judges can use this application to view and rate films on a large-screen TV.

Audible
A subsidiary of Amazon that sells and produces audiobooks and shows on the internet.

Brilliance Audio
An audiobook publisher bought by Amazon in 2007.

Audiobookstand
A website of audiobooks available for purchase. It closed in 2018.

AbeBooks
An Amazon-owned company that offers vintage books, rare collectibles, and fine art sold by independent sellers.

Kindle Owners’ Lending Library
Kindle owners who are Amazon Prime subscribers can choose from more than 800,000 books to borrow for free with no due dates.

ACX
A marketplace for professional narrators, authors, agents, and producers to connect and create audiobooks.

Amazon Rapids
Amazon’s collection of children’s books in the format of text messages between characters.

Avalon Books
The book publisher, which Amazon acquired in 2012, specialized in hardcover mystery, “wholesome” romance, and Westerns. Avalon books are now published under imprints of Amazon Publishing.

Amazon Publishing
Founded in 2009, Amazon Publishing publishes and owns a number of imprints, including Montlake Romance, Thomas & Mercer, 47North, and Amazon Crossing.

BookSurge
An on demand self-publishing service Amazon acquired in 2005.

CreateSpace
BookSurge and CustomFix, another Amazon acquisition, merged to become CreateSpace in 2005. CreateSpace provided tools and services to independent authors to self-publish books through the site. It later merged with Amazon’s KDP (Kindle Direct Publishing).

Book Depository
The UK’s largest online bookseller has millions of titles available for shipping within 48 hours.

Goodreads
This subsidiary of Amazon, acquired in 2013, allows readers to connect with one another online through book recommendations and reviews. The site has 65 million members and 2 billion books added to member profiles. Another book-cataloging social network, called Shelfari, that Amazon bought in 2008 was merged under Goodreads.

Kindle Direct Publishing
Amazon’s self-publishing service that allows people to publish Kindle e-books.

Westland Books
A publishing company based in India that Amazon acquired in 2016.

Twitch.tv
A livestreaming video platform for gamers to connect and stream videos. It has 15 million visitors daily and over 2 million unique creators who broadcast each month. It was acquired in 2014 for $970 million.

Amazon Prime Video
Amazon’s internet video on demand and streaming service.

LOVEFiLM International
Amazon acquired LOVEFiLM in 2011 for $312 million during the age of DVDs-by-mail. Six years later, Amazon closed the company.

PROFESSIONAL SERVICES

Home Services
Through Home Services, Amazon offers 1,200 unique professional services from housecleaning to lawn work.

Mechanical Turk
A marketplace that gives businesses access to an on demand workforce and gives workers a selection of thousands of paid tasks to complete whenever it's convenient.

SHIPPING AND LOGISTICS

Amazon Maritime
Holds a Federal Maritime Commission license to operate as a non-vessel-operating common carrier (NVOCC), which enables the company to manage its own shipments from China into the United States.

Amazon Global Store
Ships millions of products to over 100 countries.

Amazon Robotics
Amazon acquired Kiva Systems — a mobile robotic fulfillment system formerly used by retailers like the Gap, Walgreens, Staples, Office Depot, Crate & Barrel, and Saks Fifth Avenue — in 2012 for $775 million. Now known as Amazon Robotics, it’s exclusively used at Amazon warehouses. It’s basically a bunch of Rumba-like robots flying around picking up boxes and bringing them to workers who place your items into a box to be shipped.

Amazon Air
A freight delivery service dedicated to Amazon’s delivery logistics network with its own $1.5 billion hub in Northern Kentucky.

Prime Air: Drones
A system of delivery drones launched in 2013 but still in an experimental phase. In June 2019, Amazon revealed a new version of the drone with covered rotors for safety.

SHOPPING SITES AND SERVICES

Amazon Art
Amazon’s store where artists can sell their art or prints in the marketplace.

Amazon Handmade
Amazon’s version of Etsy where artisans can sell their handcrafted goods in the marketplace.

Amazon Business
It’s like Amazon, but for business customers.

Amazon Advertising
Third-party merchants on Amazon’s platform must pay for advertising to promote their listings. The online commerce market-research firm eMarketer projects that Amazon’s US ad business will grow by more than 50% this year, and its market share will increase to 8.8% from roughly 4%.

Amazon Renewed
A storefront on Amazon for refurbished products with a warranty.

Amazon Spark
A mobile feature available to Prime members that allows you to discover and shop for products. Basically Pinterest, but on Amazon.

Amazon Second Chance
A storefront on Amazon’s marketplace for secondhand goods.

Amazon Vine
An invite-only program for trusted reviewers who are given free products to review.

Woot!
A daily deals site and subsidiary of Amazon.

Souq.com
Considered the Amazon of the Arab world, Souq was an English- and Arabic-language e-commerce platform. Amazon bought the company in 2017 for $580 million. In 2017, Souq bought Wing.ae, which develops next-day delivery networks for e-commerce sites. It later became Amazon.ae.

Amazon Warehouse
This program offers shoppers or businesses a chance to buy used or slightly damaged merchandise from Amazon at a discount.

Shopbop
A global online retail site and store on Amazon aimed at style inspiration and discovery. Shopbop offers handpicked women’s clothes and accessories from over 1,000 established and emerging designers.

Quidsi
Amazon acquired this parent company of Diapers.com, Soap.com, and BeautyBar.com in 2010. It shut down the company seven years afterward because it was unprofitable.

SmallParts.com
Amazon acquired SmallParts.com in 2005 and made it a new arm of the company, called AmazonSupply, which became American Business in 2015.

Junglee
A shopping service launched by Amazon in India in 2012 where customers can find millions of products, read product and seller reviews, and check prices across a wide variety of product categories.

DPReview
A site owned by Amazon aimed at providing content and reviews about digital photography gear across the world.

WEB SERVICES

Alexa Internet
Acquired by Amazon in 1999, this Amazon subsidiary, based in California, provides companies with commercial web traffic data and analytics.

Amazon Web Services (AWS)
A secure cloud services platform, offering compute power, database storage, content delivery, and other services to businesses, startups, and government and educational entities. Clients include Netflix, Comcast, the CDC, FDA, US State Department, and PBS. Amazon has enhanced the products available through AWS through the acquisition of startups, for example:

Elemental
Now AWS Elemental, Elemental Technologies, a backend mobile video service, was acquired by Amazon in 2015.

Macie
Amazon developed this data security service after acquiring the security startup Harvest.ai.

Rekognition
Rekognition is Amazon’s controversial facial-recognition tool, one of AWS’s cloud-based services for developers.

Safaba
Amazon reportedly acquired the machine translation startup in 2015 to provide developers with this tech through AWS to make their products available in multiple languages. The team was based in Amazon’s SouthSide Works office in Pittsburgh, which now works on Amazon Alexa technology and machine translation.

Annapurna Labs
Amazon bought Annapurna Labs, an Israel-based semiconductor startup, in 2015 for $370 million. The lab’s chip technology was used to improve Amazon’s cloud business by making it more cost-effective to run.

Amazon Photos
A free online photo storage service available to Prime members that allows them to save and share unlimited photos on their desktop, mobile, and tablet devices.

Amazon Drive
Formerly known as Cloud Drive, Amazon Drive is a cloud storage application managed by Amazon.

buzzfeednews.com

Share RecommendKeepReplyMark as Last Read


From: Sr K7/8/2019 3:54:25 PM
   of 163909
 
AMZN is the only FANG that is up today, about +$10.

Is this related to a story I see a headline on, for Amazon Go in New York?

The High today was $1,956.00.

Share RecommendKeepReplyMark as Last Read


From: Sr K7/10/2019 9:54:25 AM
   of 163909
 
All 5 FAANG stock prices are up, and AMZN is nearing its 10/4/2018 all-time high of 2,050.50.

It's currently up about 24 to 2012.00.

Share RecommendKeepReplyMark as Last Read


From: Sr K7/10/2019 10:13:17 AM
   of 163909
 
Yahoo Finance now has a Tab called Company Outlook, which if clicked goes to:

Subscribe to Premium for Key Leading Indicators

Unlock the most comprehensive company view of key alternative data sets. Get exclusive data and insights at your fingertips with intuitive visualizations.

Share RecommendKeepReplyMark as Last Read


From: Sr K7/10/2019 12:57:40 PM
   of 163909
 
Amazon expects star power from exclusive Lady Gaga beauty launch

Published: July 10, 2019 11:03 a.m. ET

Grammy winner and ‘A Star is Born’ actress is latest celebrity to launch a beauty brand, which could have blockbuster potential

Getty Images
Lady Gaga is the latest celebrity to jump into the beauty business

Lady Gaga can add “beauty mogul” to her resume with the exclusive launch of her brand Haus Laboratories on Amazon.com Inc. in the fall.

“We are so excited for the launch of Lady Gaga’s new beauty brand, Haus Laboratories, launching this September with Amazon as the exclusive global retailer,” an Amazon spokesperson said in a statement to MarketWatch, confirming the deal.

Beauty is among the many categories in which Amazon seeks to grow its retail business. In March, the e-commerce giant launched Belei, a private-label skincare brand comprised of 12 products including a charcoal balancing mask and dark spot solution serum.

Share RecommendKeepReplyMark as Last Read


From: Sr K7/10/2019 2:06:12 PM
   of 163909
 
This is similar, but different.

WSJ

CMO Today

Lady Gaga Launches Her Beauty Line on Amazon

“The last thing the world needs is another beauty brand,” Lady Gaga begins, convincingly, in the video kicking off a two-month marketing campaign for her new beauty line. “But,” she adds, “that’s too bad.”

Enter Haus Laboratories, Lada Gaga’s answer to Rihanna’s Fenty Beauty. Instead of selling in every brick-and-mortar from Sephora to J.C. Penney, though, Haus will be the first big beauty brand launched exclusively by the little monsters at Amazon. Only Amazon would allow the required freedoms, Lady Gaga asserted to the Business of Fashion: “There are companies that see me and what I stand for and the way that I view the world, and if it’s not perfectly in line with what they do ... they’ll be like, ‘Can you just change half of the equation?’ ... The answer is no. No deal. No message of self-acceptance, no deal. This was so wonderful because this was like, ‘Let’s make a deal, let’s make a deal to change the world with their beauty.’”

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10