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Tag: Jeff Bezos

Tornadoes Take Lives and Leave Swath of Destruction

December 11, 2021December 12, 2021 Ina Steiner
Amazon

People are still processing the impact of tornadoes that ripped through as many as 6 states late Friday and early Saturday, including the loss of many lives. CNN said officials fear the death toll could […]

2 CommentsMarketplaces, NewsAmazon FC, Amazon fulfillment centers, Andy Jassy, eBay, Jeff Bezos, Walmart, Weather event

Amazon Grows Sales 44% in First Quarter of 2021

April 29, 2021April 29, 2021 Ina Steiner
Amazon

Amazon grew total sales 44% in the first three months of 2021 for its entire business, including the Amazon Marketplace. Sellers accounted for 55% of Amazon worldwide paid units (excluding Whole Foods Market). In Thursday’s […]

Marketplaces, NewsAmazon, Amazon financials, Jeff Bezos

Amazon Sales Grew 44% in the 4th Quarter 2020

February 2, 2021February 2, 2021 Ina Steiner
Amazon

Amazon grew sales by 40% in North America in the 4th quarter of 2020, 57% internationally, and its AWS division grew 28%, for consolidated sales growth of 44% (or 42% currency neutral). Amazon announced financial […]

1 CommentMarketplaces, NewsAmazon financials, Jeff Bezos

Amazon Executive Compensation and Shareholder Proposals

March 27, 2020March 27, 2020 Ina Steiner
Amazon

Amazon disclosed the 2019 salary and total compensation of its top executives including its CEO, and it detailed the issues on which shareholders will vote at its annual meeting in May. The company revealed that […]

Marketplaces, NewsAmazon, Amazon shareholder meeting, Executive compensation, Jeff Bezos

Jeff Bezos Ordered Millions of Masks for Amazon Employees

March 21, 2020March 21, 2020 Ina Steiner
Amazon

Amazon founder and CEO Jeff Bezos published a letter to employees on Saturday in which he revealed the company had placed orders for millions of face masks for employees who cannot work from home and […]

3 CommentsMarketplaces, NewsAmazon, coronavirus, Jeff Bezos

Seattle-Based Amazon Does East Coast Split

November 13, 2018 Ina Steiner
Amazon

The hunt for Amazon’s second headquarters, dubbed HQ2, is over, and the Seattle-based powerhouse has selected two East Coast locations: New York City and Arlington, Virginia (across the Potomac River from Washington, DC). “The new […]

1 CommentMarketplaces, NewsAmazon, Amazon HQ2, Jeff Bezos

Jeff Bezos to Apply Amazon Principles to Nonprofit Preschools

September 13, 2018September 13, 2018 Ina Steiner
Jeff Bezos

What if you took the principles of running an ecommerce marketplace and applied them to a nonprofit educational operation, with the child as “customer”? Jeff Bezos, the founder of Amazon, and his wife MacKenzie, launched […]

6 CommentsMarketplaces, NewsAmazon, Day One Fund, Jeff Bezos

Best Buy to Sell New Fire Smart TVs on Amazon.com

April 18, 2018 Ina Steiner
Amazon Jeff Bezos announcing Best Buy collaboration

Amazon CEO Jeff Bezos said Wednesday he’s taking the company’s longstanding partnership with retail chain Best Buy to a “new level.” The companies are collaborating on new TVs that Best Buy will sell exclusively in-store […]

Marketplaces, NewsAmazon, Amazon Fire, Best Buy, Hubert Joly, Jeff Bezos

Amazon CEO Opens Up about Marketplace Initiatives

April 7, 2016July 23, 2017 Ina Steiner

Amazon CEO Jeff Bezos opened up about some Marketplace initiatives in a letter to shareholders where he seemed more open than usual, discussing the company culture and its willingness to embrace failure. For many years, […]

Marketplaces, NewsAmazon, Jeff Bezos

No Raise for Amazon CEO Again This Year

August 19, 2015August 4, 2017 Kenneth Corbin

For the top brass at Amazon, equity in the company has long been the primary method of compensation, with salaries and other cash rewards so common to other firms taking a backseat to stock-based rewards. […]

Marketplaces, NewsAmazon, Jeff Bezos

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