Tag: Amazon

Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Business, Startups, Technology
Amazon has today announced an acquisition that underscores how it also hopes to have a more direct — and more commercial — role in the world of healthcare in the coming years. The company has purchased PillPack, an online pharmacy the lets users buy medications in pre-made doses. This news come only a week after after appointing a CEO for its healthcare joint venture with Berkshire Hathaway and JPMorgan. “PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” says Jeff Wilke, Amazon CEO of Worldwide Consumer, in a news release. “PillPack is meaningfully improving its customers’ lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We’re excited to see what we can do together o
Facebook, Google, Amazon: New challengers in classifieds

Facebook, Google, Amazon: New challengers in classifieds

Business
Facebook and its fast-growing Marketplace initiative poses a serious threat to the classified advertising services offered by the world’s “Big Six” multinational classified companies, a new report from the AIM Group shows. Craigslist, Schibsted, Naspers, EBay and other classified advertising companies are running into increased competition from Facebook, Google and even Amazon, which is experimenting with a consumer-to-consumer sales site called Local Finds in India that it has talked about rolling out worldwide. The competition is covered in the 2017-18 Global Classified Advertising Annual published by the AIM Group. “Classifieds and marketplaces online are more competitive than ever,” said Peter M. Zollman, founding principal of the AIM Group, which publishes Classified
Forrester Says Amazon is ‘Exploiting’ Google’s Weaknesses

Forrester Says Amazon is ‘Exploiting’ Google’s Weaknesses

Business, Mobile, Technology
Google's 78% share of U.S search ad revenue in 2016 shows the company continues to dominate the market, but the share represents a decline from 88% in 2011. It seems the move to mobile by consumers has created competition for Google. Amazon has become a more preferred destination for online shopping searches, according to a research report released this week from Forrester Research titled Forrester Data: Search Marketing Forecast, 2017 to 2022 (U.S.) written by analyst Brandon Verblow. It is becoming a preferred destination for online shopping and search because of the way "Amazon is exploiting Google’s weakness in online shopping," according to the report. U.S. consumers are now more than 2.5 times likely to find out about the brand of a recent purchase from Amazon than from online
Microsoft’s cloud business is growing almost twice as fast as Amazon’s

Microsoft’s cloud business is growing almost twice as fast as Amazon’s

Technology
Amazon still owns the cloud. However, the moneymaking machines at the core of Amazon, Microsoft and Alphabet, the parent company of Google, are notably different. But the respective kings of online retailing, software and internet search should all credit a relatively new line of business for lifting their financial results. The three tech giants said cloud computing — through which they rent computing services and online access to software hosted in their data centers — was growing faster than their larger, older businesses. Amazon Web Services is the clear leader and the only one of the three companies that provide a clean number for its cloud infrastructure business. Amazon said AWS revenue surged 43 percent in the quarter to $3.66 billion. Multiply that by four, and you get an
Facebook & Google dominate the list of 2016’s top apps

Facebook & Google dominate the list of 2016’s top apps

Internet, Mobile, social media, Technology
Mobile applications from Facebook and Google dominated the new list of the year’s top apps released by Nielsen. Facebook, a social network company also dominated the second spot with Facebook Messenger at 129 million unique users per month. Following Facebook's winning of the top spots, Google holds most of the remaining spots with YouTube (113 million), Google Maps (105 million), Google Search (103 million), Google Play (99 million), and Gmail (88 million). Another Facebook-owned app in the 8th spot, Instagram (74 million), bookends the Google apps. According to  Techcrunch , among the top 10 smartphone apps, the apps with highest year-over-year change were Amazon App and Instagram, with 43% and 36% growth in users from 2015, respectively. Nielsen also took a brief glim