According to The Wall Street Journal, Amazon.com is testing a new way to offer same-day delivery to customers: yellow taxis. The test is taking place in San Francisco and Los Angeles. Amazon.com is working with taxi hailing service Flywheel. Flywheel loads up around 10 packages that are headed to a single zip code. Each package costs around $5 for delivery within an hour.
Amazon.com, Inc. (NASDAQ:AMZN) is planning to launch several new hardware products such as Internet-connected wearables and household products, according to several reports.
Amazon.com, Inc. (NASDAQ:AMZN) rarely ever discusses the numbers for its products. Last year, Amazon said that it had tens of millions of Prime subscribers. Amazon Prime is a service that offers free two-day shipping, Prime Video, Prime Music and a lending library for the Kindle.
Amazon.com, Inc. (NASDAQ:AMZN) has launched a Drone Store. The Amazon Drone Store sells drones and related accessories. The Drone section includes recreational and photography-based drones. The Drone Store includes cases, batteries, and propellers. There is a “Buying Guide” and “Fly Responsibly” section on the Amazon Drone Store. These sections have flying tips and safety codes from the Association for Unmanned Vehicle Systems International and the Academy of Model Aeronautics. Last year, Amazon.com announced a new project called Prime Air. Prime Air is a moonshot project to deliver packages by UAVs.
Amazon.com, Inc. (NASDAQ:AMZN) has dropped the price of the Fire smartphone from $199 to $0.99 with a two-year contract with AT&T. The Fire phone comes with a year of Amazon Prime. The Fire phone was launched on July 25th. Two of the unique features that the Fire phone has are Dynamic Perspective and Firefly. Dynamic Perspective responds to how the Fire phone is held and Firefly can scan over 100 million objects that can be found on Amazon.com.
Amazon.com, Inc. (NASDAQ:AMZN) has received a $2 billion credit facility from Bank of America. The credit facility is for two years and could be extended for another 3 years with approval.
Amazon.com, Inc. (NASDAQ:AMZN) is acquiring Twitch for over $1 billion. Google attempted to buyout Twitch, but that deal fell through according to sources with Re/Code. This is one of Amazon.com’s acquisitions thus far.
Amazon.com, Inc. (NASDAQ:AMZN) has invested in Acquia, a company that hosts many websites based on the Drupal content management system. Amazon’s investment was disclosed in a blog post by Acquia co-founder and chief technology officer Dries Buytaert.