Amazon.com Posts

Amazon is testing deliveries by taxi

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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. reportedly developing new Internet of Things hardware products

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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.

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Amazon.com, Inc. Prime service reportedly has 50 million members

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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.

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Amazon.com, Inc. has launched a Drone Store

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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.

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Amazon.com, Inc. (AMZN) receives $2 billion credit line

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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.

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Amazon.com, Inc. (AMZN) is acquiring Twitch for over $1 billion

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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.

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Amazon.com, Inc. (AMZN) invests in Drupal hosting company Acquia

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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.

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Amazon.com, Inc. (AMZN) rolls out same-day delivery service in 6 more cities

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Amazon.com, Inc. (NASDAQ:AMZN) has expanded its same-day delivery service in six new areas, including New York City, Baltimore, Washington D.C., Philadelphia, Indianapolis, and Dallas. The same-day delivery service includes more than one million eligible items. In these cities, you will be able to order items by noon and have them at your house by the end of the day seven days a week.

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