Amazon | Israel news feed

  In a closely watched ballot, Amazon workers at a warehouse in Coventry, United Kingdom, have narrowly rejected union recognition, the BBC reports. The vote, which could have marked a historic first for Amazon in the UK, saw 50.5% of workers oppose union recognition, while 49.5% voted in favor. The GMB union, which has been […]

  Jeff Bezos, the founder and former CEO of Amazon, plans to sell around 25 million Amazon shares valued at approximately $5 billion. The proposed sale would reduce Bezos' stake in Amazon to around 8.8% or 950 million shares, which is approximately 10% of the company. The potential sale comes after Amazon's stock rallied 32% […]

  Amazon is reportedly planning to launch a new discount section offering unbranded fashion, home goods, and daily necessities priced under $20 and shipped directly from China to overseas customers, including the U.S., within 9 to 11 days. This budget offering aims to compete with rapidly growing Chinese e-commerce rivals like Temu and SHEIN by […]