Amazon.com Inc (AMZN.OQ)
NEW YORK (Reuters Breakingviews) - Tim Cook is going as American as Apple’s pie. The iPhone maker will pay $38 billion in tax on its huge pile of overseas cash. It’s also aping Amazon with plans to open a second U.S. campus, invest $30 billion over five years and create 20,000 jobs.
* AMAZON MUSIC UNLIMITED COMING TO AUSTRALIA AND NEW ZEALAND ON FEBRUARY 1 Source text for Eikon: Further company coverage:
U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.
HONG KONG (Reuters Breakingviews) - JD.com's switch in logistics stacks up. The Chinese online retailer is raising $2 billion to fund its warehousing and delivery unit, Reuters reported on Monday. This sensible burden-sharing brings JD and rival Alibaba's business models closer together.
* AMAZON WEB SERVICES SAYS COMCAST CABLE SELECTED AWS AS PREFERRED PUBLIC CLOUD INFRASTRUCTURE PROVIDER Source text for Eikon: Further company coverage:
Grocery chain Kroger Co has considered buying online wholesaler Boxed, according to a person familiar with the matter, as more shoppers place food orders online and as competition with Amazon.com Inc heats up.
Jan 12 Grocery chain Kroger Co has considered buying online wholesaler Boxed, according to a person familiar with the matter, as more shoppers place food orders online and as competition with Amazon.com Inc heats up.
WASHINGTON The U.S. Supreme Court on Friday agreed to decide whether to let states require online retailers to collect billions of dollars in sales tax, taking up South Dakota's dispute with three e-commerce companies.
* South Dakota fighting Wayfair, Overstock.com, Newegg (Adds estimate on lost tax revenue, reaction from retailers, e-commerce group)
* AMAZON HEMP LTD. ANNOUNCES UPDATE ON PRODUCT LAUNCH AND RECEIPT OF PURCHASE ORDER FOR 10,000 BOTTLES Source text for Eikon: Further company coverage:
|Wal-Mart Stores Inc (WMT.N)||$102.70||+2.01|
|Target Corporation (TGT.N)||$76.82||+1.86|
|Best Buy Co Inc (BBY.N)||$74.26||+1.86|
|Alibaba Group Holding Ltd (BABA.N)||$183.83||+1.43|
|Dollar General Corp. (DG.N)||$100.50||+2.06|
|eBay Inc (EBAY.OQ)||$37.99||+0.31|
|Big Lots, Inc. (BIG.N)||$58.82||+0.96|
|Overstock.com Inc (OSTK.OQ)||$75.65||+5.40|
|Overstock.com Inc (OSTKP.PK)||$17.00||--|
|Overstock.com Inc (OSTBP.PK)||$59.90||-0.10|