Amazon pushes Prime Day to September as it returns to normalcy: WSJ
(Reuters) - Amazon.com Inc is scheduling its annual Prime Day shopping event for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The latter move will allow the company to lay the groundwork for shipments of a wider variety of products, indicating it is now in a position to process orders more quickly in its warehouses and create room for more inventory, the report said.
Amazon declined to comment to a Reuters request for comment on the report.
Reuters reported in April that the e-commerce giant is postponing the major summer shopping event until at least August.
Prime Day, a marketing event Amazon started in 2015 to drum up sales during the summer shopping lull, has previously occurred in July, though the company never publishes the date far in advance.
The decision to delay it means Amazon will have about 5 million extra devices it would have expected to sell sooner, items like its suite of voice-controlled Echo speakers that have been popular orders during the event. It also affects third-party merchants who have come to depend on Amazon's platform for revenue.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India's digital economy
Alibaba Cloud Enters Europe
The importance of the UK market for the Alibaba Cloud was pivotal in the decision to build these data centers in London. It was one of the fastest growing European markets for the business with clients across key sectors. The services to be rolled out from these data centers includes elastic computing, which will help to mitigate times of heavy usage within the network, as well as application services, big data analytics, and storage - alongside others.
Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and artificial intelligence, it said in a statement on Tuesday.