Amazon Says It Will Create 15,000 Jobs In Bellevue

StockMarketNews.Today — Amazon said it expects to bring the 15,000 jobs to Bellevue over the next few years. More than 2,000 employees currently work in Bellevue, and the company has about 700 job openings in the city. The company opened its first office building in Bellevue in 2017. The city is also where Amazon got […]

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Amazon Shares Fall 7%

◊ Amazon Stock Market News Today ◊ Amazon shares fell 7%, as revenue growth for the company’s lucrative cloud computing business slowed down in the third quarter, missing analysts’ estimates. Amazon beat expectations on overall third-quarter revenue, posting a sales rise of 24% to $70 billion. The news underscores the big investment Amazon is making […]

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Thousands of products were pulled from Amazon.com Inc.’s India website Friday — the first direct impact from the country’s new e-commerce rules

India’s new restrictions, which went into effect Friday, were designed to help local retailers better compete against foreign-owned giants like Amazon and Walmart Inc., as the e-commerce market is poised to boom in the country. Amazon warned Thursday that India’s restrictions could crimp revenue this quarter and that it was still evaluating the regulations.

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Amazon is driving brands to increase their advertising on its website for next week’s Prime Day, its annual sales event — potentially giving another boost to a revenue stream that has brought the ecommerce group into competition with Google and Facebook, the dominant forces in digital advertising.

Sellers and consultants say Amazon has advised some merchants to double or even triple their overall ad spending and the amount of money they bid on keywords if they want to get their products at the top of search results.

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