Near 40pc rise in Prime revenues sends Amazon’s local sales soaring

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Near 40pc rise in Prime revenues sends Amazon’s local sales soaring

The technology giant, which started as an online bookseller in 1994, has reported a big rise in revenues in accounts filed with the corporate regulator.

Amazon to launch linear TV channel "Prime" in Germany, Austria

The new channel, called Prime, will offer original TV and film series from Prime Video in Germany and Austria. (Courtesy image) Amazon is set to launch a dedicated linear channel in two European countries that will offer a curated selection of Prime Video original series, sports and other content, an executive confirmed in an interview. Speaking with the trade publication DWDL, Prime Video Deutschland Director Christoph Schneider said the channe…

Amazon to pay $39 million in India’s highest-ever IP damages award

Delhi High Court rules Amazon Technologies cannot escape liability as an intermediary.

Jamie Siminoff's net worth and how the Ring sale to Amazon made him rich

What is Jamie Siminoff's net worth? The American inventor sold his company the Ring to Amazon for over a billion dollars. Read more about his business ventures.

channelnews : Prime Subscription Drives Amazon’s Oz Revenue To $7.7 Billion

Amazon’s Australian revenue reached a record-high of $7.7 billion last year, driven by a strong growth in its Prime membership subscription business. Its Prime subscription business reported revenues of $480.4 million, a 39% increase year-on-year. Prime membership not only gives users access benefits such as same-day delivery of its e-commerce products and to streaming of...