Ever since it became fashionable to trash Groupon (and it has become VERY fashionable), the response from the company's supporters has been that it's "the next Amazon."
Amazon was subjected to the same knee-jerk skepticism and hate for much of the late 1990s, Groupon supporters point out.
of Zappos has a team of 4-5 full time email handlers I think. Part of the image/Zappos culture is openness though- so I'd guess that some other execs as mentioned in the question might not have the same volume of email from external parties.Fun fact, I think their official titles are Email Ninja.""I only get maybe 40 or 50 emails a day, it's not that much," he told TODAY.com.
PUZZINGO Puzzles Pro Edition is $14.99 by itself)Hey, Kindle Fire owners (or anyone who is thinking about eventually getting a new Fire Phone ): Amazon is giving away 31 of its most popular paid apps for free . Amazon says if you download all of the apps that it's giving away for free, you'll be saving more than $100 (one of the apps, .
After reporting both a top and bottom miss , Amazon fell 10.32 percent in after-hours trading. The company had ended the day at$403.01 and is now trading at$361.41. As a company, Amazon is valued by investors on the strength or weakness of its revenue growth. Amazon’s current share count is 457.73 million . At a per-share loss of$41.
Amazon earnings are out! Here's the score: Revenue: $25.59 billion vs. $26.06 billion (Wall Street estimate) EPS: $0.51 vs. $0.66 (Wall Street estimate) Profit: $239 million The stock is down after hours as much as 10.9% after the miss on EPS. However, sales are very impressive, up 20% from the year-ago quarter. It was Amazon's best-ever holiday quarter.
This chart showing Amazon's stock collapsing after it missed analysts' revenue expectations last week tells you why the company is considering raising the cost of Amazon Prime by $40, or roughly 50%, to as much as $119.
We’re rolling out our first big gun for IGNITION: Future of Digital , Business Insider's flagship event on December 1-3, and it’s a huge one: Amazon.com founder Jeff Bezos. If there’s a corner of the digital landscape Bezos and Amazon haven’t touched, we don’t know it. E-commerce, for sure: Amazon sells more than the next dozen competitors combined.
Today after the market close Amazon reported its fourth quarter financial performance , including revenue of $25.59billion, and earnings per share of $0.51. The company has operating income of$510 million in the period, up26 percent year over year.
Bezos is the kind of CEO who is very hands on: He has always had a grand vision for Amazon and he's known for micro-managing big projects that he's passionate about.Bezos has done all the major product announcements for the Kindle since the product launched in 2007, and we expected him to take the reins of this too, since it's such a huge move for Amazon.
Gone are the days when restaurants and retailers needed to drop five figures for the privilege of tracking and ringing up customers. Square'sRegister apphas been letting merchants process transactions with "cheap" consumer hardware since 2012, and now Groupon's reinforcingits own positionin the point of sale game with a new iPad-based solution.
Amazon's business is thriving, while Sears' is flailing. But if Amazon acquired Sears, both retailers could stand to benefit, industry expert Robin Lewis writes on his blog . He names a few reasons why Amazon acquiring Sears would be a smart business move. 1. Amazon would gain Sears Holdings' 2,400 Sears and K-Mart retail locations.
Forbes just released its annual billionaires list , which highlights the richest people all around the world. This year, WhatsApp co-founders Jan Koum and Brian Acton made the cut. But with net worths of $6.8 billion and $3 billion, respectively, they're not even close to the richest people in tech. Here are the top 15 richest tech billionaires in the world: Net Worth: $76 billion 2.
Amazon has made an ad for its new connected television product, the Fire TV, that touts the product's voice search capabilities. The ad stars eccentric actor Gary Busey, who describes how frustrated he becomes when he talks to inanimate objects that refuse to really listen to him.
are out in front of the retail pack when it comes to success on mobile.Amazon, eBay, and Wal-Mart Here are some of the top statistics from a recent BI Intelligence report on retailers' mobile strategies. The report is full of charts and datasets that can be easily downloaded and put to use .
Jeff Jordan, a partner at venture capital firm Andreessen Horowitz, recently wrote an essay about how thoroughly Amazon is clobbering everyone else in the ecommerce business . The chart below tells the story. Amazon's revenue is bigger than that of the next dozen biggest ecommerce companies combined. And Amazon generates about half as much revenue as the next top 49 ecommerce companies combined.
Amazon will launch its long-rumored music streaming service this summer, music industry sources told BuzzFee d's Reggie Ugwu . The company will reportedly be making a catalog of music six months and older available free to all of its Prime members.
Commercial Drones On The Horizon Find out why drones will soon begin taking on much larger roles for businesses and some individual consumers. Sign up for a free two-week trial of Business Insider’s research service and get instant access to this report along with hundreds of charts and in-depth reports on everything digital. Register >Not too long ago, when most people heard the word “drones,” they thought of unmanned military aircraft engaged in highly controversial clandestine operations. But when Jeff Bezos announced that Amazon was testing the idea of delivering packages via drones, he made drones with popular commercial application suddenly seem like a viable proposition. While drones are unlikely to become a part of our daily lives in the immediate future, they will soon begin taking on much larger roles for businesses and some individual consumers, from delivering groceries to revolutionizing private security, to changing the way farmers manage their crops — perhaps even aerial advertising. We estimate that 12% of an estimated $98 billion in cumulative global spending on aerial drones over the next decade will be for commercial purposes . In a recent report from BI Intelligence , we size the commercial and military drone market to estimate how big the drone industry could become, and which industries are most likely to see drones become part of their business model in the next few years. We also look at what components industries, like GPS and sensors manufacturers, will be working to become drone-ready. And we assess how drone development will proceed in light of stiff safety and privacy concerns and regulatory hurdles. Access The Full Report By Signing Up For A Free Trial Today>> Here are some of the issues and opportunities that will impact how the drone industry develops: In full, the report:Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
Not too long ago, when most people heard the word “drones,” they thought of unmanned military aircraft engaged in highly controversial clandestine operations. But when Jeff Bezos announced that Amazon was testing the idea of delivering packages via drones, he made drones with popular commercial application suddenly seem like a viable proposition.
"You’re the octopus that I’m having for breakfast," Bezos said. "When I look at the menu, you’re the thing I don’t understand, the thing I’ve never had. I must have the breakfast octopus."About two years after Woot's acquisition by Amazon and that breakfast meeting, Rutledge left the company before his contract was up.