Boston, MA 05/23/2014 (wallstreetpr) – Amazon. com, Inc. (NASDAQ:AMZN) has expanded its empire and reached new heights by signing a notable deal with HBO wherein HBO programming from now onwards would be available on Prime Instant Video as what the deal says. Well rumors say that the deal can be a threat to Netflix, Inc. (NASDAQ:NFLX), an online streaming service, due to which its stock price share has already declined by 16% in only four days. Although experts say the deal would not prove a big threat to Netflix; we will have to wait and watch the consequences.
Well in another pact, Burberry lines up with Amazon to sell out its beauty and luxury products online. As per Christopher Bailey, the Chief Creative and Chief Executive Officer of Burberry, the organization boasts of attracting the mob by offering its products in reasonable price range, which means users would use its clothing with an affordable price tag.
Amazon – Trend setter for employing Robotic workers
Amazon. com, Inc. (NASDAQ:AMZN) seems to be relentless as it has been exploiting technology in quite cost effective manner. As per the words of Jeff Bezos, Chief Executive Officer of Amazon, the organization would be using 10k robots in all its depots by the last quarter of this year, where already 1000 robots workers are supporting the ground staff. Well, if this is successful, soon we would experience having robots at our doorstep in the form of drones, which are supposed to deliver the parcel within 30 minutes, as per the plans of Bezos.
Amazon’s reinvestment in Asian market
Amazon, Inc. prolongs to spread out its business in Asia, and the same can be observed as the association invests a colossal amount of $20 Million on Yummy77, a well known Shanghai based food delivery site. The good news is that, the investment will help Amazon to get a hold on the minority stakes in Amazon. com, Inc. (NASDAQ:AMZN), which will affect the corporate decisions for Yummy77.
