Category Archives: Amazon

Amazon Prime Wardrobe lets you try on and return clothes free

 Amazon’s latest perk for Prime members could make us more stylish by letting us buy everything that catches our eye and return what doesn’t fit. Today Amazon revealed Amazon Prime Wardrobe, which is currently in beta, but you can sign up to be notified when it launches First you pick at least three items from over a million Amazon Fashion options including clothes, shoes, and… Read More

Is Whole Foods a healthy option for Amazon?

 Over the past few years we’ve seen Amazon testing new ways of getting groceries in consumers fridges, with Amazon Fresh, Amazon Fresh Pickup, drone delivery, and Amazon Go. As I look back with this acquisition, I can’t help to think, “Were they just preparing for this the whole time or did they realize they couldn’t do it alone?” Read More

Will Amazon become a force in fintech?

 Amazon is the tech giant most likely to become a dominant player in fintech, predicted James Lloyd, Ernst & Young’s fintech leader, when speaking on stage at TechCrunch and TechNode’s event in Shenzhen, China on Monday. Lloyd told TechCrunch that he expects Amazon to expand further into payments, lending and credit scoring. “They’ll get into everything that… Read More

In wake of Amazon/Whole Foods deal, Instacart has a challenging opportunity

 Yesterday, Amazon and Whole Foods ruined a perfectly slow news day on a Friday in June with the announcement that Amazon intends to buy Whole Foods for almost $14 billion. The most obvious victim of the deal was Instacart, in which Whole Foods invested and with whom Whole Foods has a five-year contract. But after talking to a few Instacart investors and other sources close to the company… Read More

Crunch Report | Amazon Bids to Buy Whole Foods for $13.7 Billion

Amazon bids to buy Whole Foods for $13.7 billion, Walmart buys Bonobos for $310 million, Mobike, a ride-sharing company in China, raises $600 million. All this on Crunch Report. Read More

An Equity podcast shot: Unpacking the Amazon-Whole Foods deal

 We’ve got an Equity Shot for you, an irregular extra hit from the Equity podcast crew. Today the big news is the potential Amazon-Whole Foods deal, which has led to rampant media speculation, depressed grocery stocks around the nation and allegations of intelligent corporate strategy. It’s the sort of day that forces you to sit back and re-cast your views of the technology world.… Read More

Winners and losers in Amazon’s $13.7B purchase of Whole Foods

 Amazon is taking a huge bite out of the fresh food business with its bid for Whole Foods Market for $13.7 billion. But even though this is a deal between two companies, it’s not just the two of them being touched by it. The intersection between the food and tech industries has been playing out for years now, sprouting dozens of food startups; efforts from large tech companies to move… Read More

Amazon Channels now works like a TV login for HBO & Showtime’s apps

 Amazon Channels is starting act like a TV provider. The service, which allows Prime members to subscribe to over-the-top premium networks like HBO, Showtime, Starz, Cinemax and others, now allows you to log into some of the networks’ standalone streaming apps, as well, starting with HBO and Showtime. That is, instead of entering in your cable or satellite TV credentials to gain access to… Read More

Here are all of Amazon’s acquisitions before Whole Foods

 Amazon today said it would make a bid to acquire Whole Foods for $13.7 billion, making it the largest acquisition for the company by far. The next-closest acquisition in price is $1.2 billion for Zappos, which happened all the way back in 2009. Since then it’s made a few big-ticket purchases like Twitch (around $1 billion) and Kiva Systems (a bunch of robots for around $775 million),… Read More

Amazon, now a physical retailer too, is granted an anti-showrooming patent

 Amazon was recently granted a patent that could be used to prevent brick-and-mortar retailers from leveraging technology in their stores that could stop shoppers from comparing prices of in-store products to those online. Yes, it appears that a new patent that could prevent the practice of “showrooming,” is now, hilariously, in the hands of Amazon – the very company that… Read More