Money and Finance
Competing With Amazon on Amazon
Thousands of small merchants depend on Amazon.com Inc. to reach customers who otherwise wouldn't know they exist. A few of them complain, though, that Amazon sometimes eats their lunch.
According to some small retailers, the Seattle-based giant appears to be increasingly using its Marketplace—where third-party retailers sell their wares on the Amazon.com site—as a vast laboratory to spot new products to sell, test sales of potential new goods, and exert more control over pricing.
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Amazon's 1997 Public Offering...
After reading THIS post about a NY Times article on Apple and Oracle from 1997, I did a search on the NY Times site for some other articles around that time. I found the short article pasted below interesting. I may be going out on a limb, but I think...
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Jeff Bezos Pays $250 Million For The Washington Post
In an ironic twist for a tycoon whose company has always kept its distance from the press, Amazon founder Jeff Bezos has agreed to pay $250 million cash for The Washington Post. The purchase takes the newspaper out of the hands of the Graham family,...
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Inside Amazon's Idea Machine: How Bezos Decodes The Customer
Found via My Investing Notebook. A few months ago Amazon reached what its founder and CEO Jeff Bezos demurely tells me was “an interesting milestone.” The retailing giant, so ubiquitously associated with books, then music and video, now has tens of...
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Amazon Launches Text-message Shopping
Amazon.com Inc.'s brick-and-mortar competitors have yet another reason to fear the Web: a new service that lets shoppers compare prices and buy things with a few quick taps on their cell phones.-Amazon TextBuyIt, which launched late Tuesday, lets...
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Put Buyers First? What A Concept
When I spoke to analysts and investors, they had all kinds of reasons for Amazon’s performance last year. “They finally reached a point where their R&D spending was not expanding as fast as their revenues,” said Citigroup’s Mark S. Mahaney....
Money and Finance