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Amazon.com Inc (AMZN.OQ)

AMZN.OQ on NASDAQ Stock Exchange Global Select Market

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23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Internet Association Files Motion To Intervene In Net Neutrality Repeal Case
Thursday, 22 Mar 2018 05:29am EDT 

March 22 (Reuters) - :INTERNET ASSOCIATION SAYS FILES MOTION TO INTERVENE IN NET NEUTRALITY REPEAL CASE.INTERNET ASSOCIATION-FILES MOTION TO INTERVENE IN CASE AGAINST FEDERAL COMMUNICATIONS COMMISSION CHALLENGING REPEAL OF STRONG NET NEUTRALITY PROTECTIONS.  Full Article

Amazon Has Considered Acquiring Some Toys 'R' Us Stores - Bloomberg
Monday, 19 Mar 2018 06:03pm EDT 

March 19 (Reuters) - :AMAZON SAID TO HAVE LOOKED AT POSSIBILITY OF EXPANDING RETAIL FOOTPRINT BY ACQUIRING SOME LOCATIONS FROM TOYS "R" US - BLOOMBERG, CITING SOURCES.AMAZON ISN’T INTERESTED IN MAINTAINING TOYS "R" US BRAND, BUT CONSIDERED USING SOON-TO-BE-VACANT SPACES FOR OWN PURPOSES- BLOOMBERG, CITING SOURCES.  Full Article

Amazon Says GameOn Brings Cross-Platform Competitions To Developers And Players With New Cloud-Based Service
Monday, 19 Mar 2018 09:03am EDT 

March 19 (Reuters) - Amazon.Com Inc ::AMAZON GAMEON BRINGS CROSS-PLATFORM COMPETITIONS TO DEVELOPERS AND PLAYERS WITH NEW CLOUD-BASED SERVICE.AMAZON.COM INC - ANNOUNCED AMAZON GAMEON, A CROSS-PLATFORM, COMPETITIVE GAMING SERVICE FOR DEVELOPERS.  Full Article

Ibex Holdings Sees IPO Of 4 Mln Shares Priced Between $14 And $16 Per Share
Monday, 19 Mar 2018 08:58am EDT 

March 19 (Reuters) - Amazon.Com Inc ::IBEX HOLDINGS LTD SEES IPO OF 4.0 MILLION SHARES OF COMMON STOCK PRICED TO BE BETWEEN $14.00 AND $16.00 PER SHARE - SEC FILING.IBEX HOLDINGS SAYS INTENDS TO USE ABOUT $38.3 MILLION OF IPO PROCEEDS TO REDEEM 1.54 MILLION NON-CONVERTIBLE REDEEMABLE SENIOR PREFERRED SHARES.  Full Article

Spotify puts growth before margins; sets long-term targets
Thursday, 15 Mar 2018 04:15pm EDT 

By Eric Auchard:Chief Financial Officer Barry McCarthy says "You should see us continue to invest in growth at the expense of operating profit".CFO says reworking deals with major record labels in 2016 and 2017 improved spotify gross margins 700 basis points.CFO says more than 50 percent of free users become paying subscribers; says it takes 12 months to breakeven on new subs.CFO says long-term financial goals target revenue growth of 25-35 percent; gross marins of 30-35 percent."Scale can be a great enabler of margin expansion," McCarthy said. .  Full Article

Spotify says NYSE trading to begin its stock on April 3
Thursday, 15 Mar 2018 02:11pm EDT 

March 15 (Reuters) - Spotify SPOT.N::Says plans to begin direct stock market listing on the New York Stock Exchange on april 3..Says to issue financial guidance on March 26..  Full Article

Guoguang Electric Says Has Not Received Notice From Amazon To Recall Its Portable Charges
Thursday, 15 Mar 2018 12:07am EDT 

March 15 (Reuters) - Guoguang Electric Co Ltd <002045.SZ>::SAYS IT HAS NOT RECEIVED ANY OFFICIAL NOTICE FROM AMAZON.COM TO RECALL ITS PORTABLE CHARGES, CLARIFYING MEDIA REPORTS.SAYS IT PAYS CLOSE ATTENTION TO THE MATTER AND WILL KEEP IN TOUCH WITH CUSTOMERS.  Full Article

Denny's Teamed Up With Amazon To Expand Digital Ordering Network
Wednesday, 14 Mar 2018 09:00am EDT 

March 14 (Reuters) - Amazon.Com Inc ::DENNY'S - TEAMED UP WITH AMAZON TO FURTHER EXPAND ITS DIGITAL ORDERING NETWORK WITH ADDITION OF AN AMAZON ALEXA VOICE ORDERING SKILL.  Full Article

Amazon Recalls 260,000 Portable Power Banks Due To Fire And Chemical Burn Hazards
Tuesday, 13 Mar 2018 10:57am EDT 

March 13 (Reuters) - U.S. Consumer Product Safety Commission::U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS AMAZON RECALLS PORTABLE POWER BANKS DUE TO FIRE AND CHEMICAL BURN HAZARDS.U.S. CPSC SAYS AMAZON RECALLS ABOUT 260,000 PORTABLE POWER BANKS DUE TO FIRE AND CHEMICAL BURN HAZARDS.AMAZON HAS RECEIVED 53 REPORTS OF POWER BANKS OVERHEATING IN THE U.S., INCLUDING 1 REPORT OF CHEMICAL BURNS‍​.RECALLED POWER BANKS WERE SOLD AT AMAZON.COM, AMAZON BOOKSTORES, AMAZON POP-UP STORES FROM DEC 2014 THROUGH JULY 2017.  Full Article

Sebastian Gunningham Joins WeWork as Vice Chair
Tuesday, 13 Mar 2018 09:18am EDT 

March 13 (Reuters) - WeWork::SAYS SEBASTIAN GUNNINGHAM JOINS FROM AMAZON AS VICE CHAIR.  Full Article

BRIEF-Capital Float Raises $22 Mln In Equity Funding From Amazon

* RAISED $22 MILLION IN EQUITY FUNDING FROM AMAZON Source text - Capital Float (Zen Lefin Pvt Ltd), India’s largest digital lender, announced today that it has raised $22 Million (INR 144 crores) in equity funding from Amazon. This latest fund raise takes Capital Float’s total equity funding to nearly $110 million from Amazon and other existing investors including Ribbit Capital, SAIF Partners, Sequoia India, Creation Investments, and Aspada. In addition, the company has also raised debt amounti