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Bits & Bytes | Amazon Clothes, Apple Watch Shipments, Souq.com Funding

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Technology

Bits & Bytes | Amazon Clothes, Apple Watch Shipments, Souq.com Funding

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.


Technology

Amazon.com to Open New Fulfillment Center in UK

Amazon.com said on Thursday it planned to open a new fulfillment center in Britain, creating 500 new jobs over three years.

Technology

Amazon.com to Open New Fulfillment Center in UK

Amazon.com said on Thursday it planned to open a new fulfillment center in Britain, creating 500 new jobs over three years.


Technology

Amazon Expanding Deliveries by Its 'On-Demand' Drivers

Amazon.com Inc is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer looks to speed up delivery times and tamp down its growing multi-billion dollar logistics bill.

Technology

Amazon Expanding Deliveries by Its 'On-Demand' Drivers

Amazon.com Inc is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer looks to speed up delivery times and tamp down its growing multi-billion dollar logistics bill.


Financial Markets

Point72 Adds to Nike, Sells Amazon in Fourth Quarter

Point72 Asset Management LP added shares of Nike Inc. last quarter, sold stock in Amazon.com Inc. and exited Comcast Corp.’s class A shares.

Financial Markets

Point72 Adds to Nike, Sells Amazon in Fourth Quarter

Point72 Asset Management LP added shares of Nike Inc. last quarter, sold stock in Amazon.com Inc. and exited Comcast Corp.’s class A shares.


Technology

Amazon Acquires Indian Payments Processor Emvantage

Amazon.com Inc said it has acquired Indian payments processor Emvantage Payments Pvt Ltd for an undisclosed sum.

Technology

Amazon Acquires Indian Payments Processor Emvantage

Amazon.com Inc said it has acquired Indian payments processor Emvantage Payments Pvt Ltd for an undisclosed sum.


Financial Markets

Amazon to Buy Back $5 Billion of Shares

Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program.

Financial Markets

Amazon to Buy Back $5 Billion of Shares

Amazon.com Inc, the world's largest e-commerce company, said on Wednesday its board authorized a $5 billion share buyback program.


Financial Markets

Amazon's Profit Misses Estimates as Costs Jump

Amazon.com Inc's profit in the holiday quarter missed analysts' estimates by a wide margin as operating expenses rose and growth slowed in its cloud services business.

Financial Markets

Amazon's Profit Misses Estimates as Costs Jump

Amazon.com Inc's profit in the holiday quarter missed analysts' estimates by a wide margin as operating expenses rose and growth slowed in its cloud services business.


Technology

Amazon Steps up Recruitment as It Expands in Europe

Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its expansion in the region, it said on Friday.

Technology

Amazon Steps up Recruitment as It Expands in Europe

Amazon plans to create several thousand jobs in Europe in 2016, more than 2,500 of which will be in Britain, stepping up its expansion in the region, it said on Friday.


Technology

Amazon Veers Into Labour Law Fight Zone for Hurried Deliveries

Amazon.com Inc.’s Uber-esque foray into ultra-fast delivery has landed it in court with drivers claiming they’re being exploited.

Technology

Amazon Veers Into Labour Law Fight Zone for Hurried Deliveries

Amazon.com Inc.’s Uber-esque foray into ultra-fast delivery has landed it in court with drivers claiming they’re being exploited.


News & Analysis

Amazon Expands Logistics Reach with Move into Ocean Shipping

Amazon.com Inc's China arm has registered as an ocean freight forwarder, a move that will give it more control over shipping products from Chinese factories to US shoppers.

News & Analysis

Amazon Expands Logistics Reach with Move into Ocean Shipping

Amazon.com Inc's China arm has registered as an ocean freight forwarder, a move that will give it more control over shipping products from Chinese factories to US shoppers.