Amazon is selling parts of its cloud business in China for up to US$301 million
Wednesday, 15 November 2017 By Arjun Kharpal Beijing Sinnet Technology said Tuesday it would buy parts of Amazon’s cloud business in China for up to 2 billion yuan (US$301 million), but the U.S. e-commerce giant said it was not exiting the world’s second-largest economy. In August 2016, Amazon signed a deal to let Chinese tech firm Sinnet operate services provided by Amazon Web Services (AWS) in China. Sinnet said in a regulatory filing on Monday that the purchase, which is still pending, would help...
In what could prove to be a major turning point in China's tough stance on trade in the auto sector, China's Finance Ministry on Tuesday confirmed cuts for... MotorAuthority - AutomotiveAlso reported by •OilPrice.com
Amazon is launching new app store with tools created specifically to help its sellers manage their inventory and orders. Called the Marketplace Appstore, it will... TechCrunch - TechnologyAlso reported by •OilPrice.com
Align Technology, which makes Invisalign orthodontics, opened its first manufacturing plant in China in 2017 and expects to have a "good, contained business" there by the end of the year, despite a.. Source: Cheddar Inc. -
According to The Hollywood Reporter, Amazon Prime is near a deal to revive the space drama 'The Expanse' for a fourth season just 10 days after Syfy canceled the series. Sources say Amazon CEO Jeff.. Source: Wochit Entertainment -
The Amazon Prime membership is one of the most important parts of the company's offerings. Amazon takes great care to keep it competitive.
Prime customers are Amazon's most frequent and valuable.. Source: Wochit -
In an effort to take on Amazon-owned Zappos and other online retailers, DSW is shaking things up with a brand new look and revamped rewards program. New in-store features include a concierge area for.. Source: Wochit Business -