Browsing: Amazon

World
Amazon reports record profits

Amazon.com reported better-than-expected earnings in the second quarter and forecast more of the same in the current period, igniting investor optimism.

World
Wireless speaker pioneer Sonos to list

Sonos has filed for a US initial public offering as the wireless speaker pioneer gears up to take on increasing competition from Amazon, Google and Apple. Along with rich rivals, the company warned that an escalation

World
Sonos is going public, but threats loom large

Sonos is going public, and Amazon looms large over the wireless speaker company’s fortunes. Sonos built itself up as a kind of digital Switzerland, allowing customers to stream music from any major service

World
It’s Amazon vs Apple in race to $1-trillion

In the battle for the first company to reach and sustain US$1-trillion in stock market value, don’t count out a come-from-behind victory. Apple has had a lock on its spot as the world’s most valuable public

News
R28bn Naspers bonanza as Walmart buys Flipkart

Africa’s largest company just chalked up another major investment coup. Naspers has netted a cool US$1.6bn profit from the sale of its 11% stake in Indian e-commerce startup Flipkart, a deal almost as lucrative

1 2 3 4 19