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US Congress reconsiders de minimis rule for low-value parcels

While the US administration officially ended the customs exemption for low-value parcels at the end of 2025, the de minimis issue has abruptly resurfaced in Washington. The cause is a new bill introduced in the House of Representatives. It seeks to partially reintroduce specific treatment for small imported shipments. This is a strong signal in...

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Amazon plans to invest 200 billion dollars in AI and chips

Amazon is surpassing even its high-spending tech rivals with its planned investments. The retail giant plans to invest around 200 billion dollars this year in AI, chips, robotics and satellites. The figure was difficult for investors to digest. The company's shares fell by more than ten percent in after-hours trading. According to Amazon's chief...

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Amazon to reduce global workforce by 16,000 roles

E-commerce giant Amazon is cutting 16,000 jobs worldwide. The company has not yet specified which roles will be affected as it concentrates its efforts on artificial intelligence. “The reductions we are implementing today will impact approximately 16,000 roles across Amazon, and we are working (...) to support everyone whose position is...

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JoyBuy arrives in France: JD.com's risky bet on a saturated European e-commerce market

Chinese giant JD.com is relaunching its JoyBuy marketplace in France, with the ambition of competing against AliExpress, Temu and Shein. After an initial failure in 2015, the group is returning with a more structured offering. The saturated and demanding European market will not forgive any logistical inaccuracies or vague positioning. Behind...

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Amazon begins redundancy process for 1,200 employees in Spain

Madrid – American e-commerce multinational Amazon is making cuts in Spain, where it plans to reduce its workforce by 1,200 employees. These employees currently work in the company's corporate offices in the country. Amazon is set to make them redundant as part of the global adjustment process announced this week. According to information...

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Amazon shares soar on AI cloud computing boom

San Francisco, US – Amazon's shares soared by almost 10 percent on Thursday. The e-commerce giant announced better-than-expected earnings, driven by the growing demand for its AI cloud computing services. Quarterly sales increased by 13 percent, reaching 180.2 billion dollars across the company, it reported. Net income rose to 21.2 billion...

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Amazon to invest five billion dollars in AI data centres in South Korea

Seoul – Following the announcement of a new round of redundancies as part of its strategy to reduce costs and accelerate investment in artificial intelligence, Amazon will invest more than five billion dollars to build AI data centres in South Korea by 2031, the Asian country reported on Wednesday. The commitment was announced by Matt Garman,...

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Amazon confirms plans to cut around 14,000 office jobs

The world's largest online retailer, Amazon, is cutting around 14,000 administrative jobs. In a statement, the company attributed the cuts to organisational changes in the age of artificial intelligence. Shipping operations in Germany and other countries are not expected to be affected by the reduction in office jobs. It was initially unclear to...

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Amazon makes major investment in Dutch e-commerce

American e-commerce giant Amazon is stepping up its efforts in the Netherlands. The company will invest over 1.4 billion euros in the country through 2027, as reported to the Financieele Dagblad. This investment is partly intended to challenge its competitor, Bol. The 1.4 billion euro investment will be used to facilitate next-day delivery....

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Amazon exceeds revenue expectations but share price falls

The world's largest online retailer disappointed stock market traders with the growth of its cloud division, AWS, and a cautious profit outlook. The share price fell by 6.5 percent in after-hours trading. Amazon presented figures for the past quarter that exceeded analysts' forecasts. Revenue for the world's largest online retailer increased by...

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Amazon French warehouses unit fined 32 million euros

France's data protection agency said Tuesday it had fined Amazon's French warehouse management unit 32 million euros ($34.9 million) for an "excessively intrusive" surveillance system to monitor staff performance. Amazon France Logistique monitored the performance of employees through data from scanners used by the staff to process packages,...

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Spain fines Amazon, Apple 194 million euros

Spain's competition watchdog said Tuesday it has slapped US tech giants Amazon and Apple with a combined fine of 194 million euros (218 million dollars) for collusion in the sale of products. The two firms had colluded to limit the sale of Apple products on Amazon's Spanish websites "which restricted competition," the regulator said in a...