Amazon Could Own Up to 15% of Grubhub, What Consumers can Expect for Prime Day Next Week, and Amazon UK Antitrust Investigation.
Amazon Could Own Up to 15% of Grubhub, What Consumers can Expect for Prime Day Next Week, and Amazon UK Antitrust Investigation.
Amazon's?partnership with Grubhub means Amazon will offer US Prime members a one-year membership to the food delivery service.?Amazon will receive options for a 2% stake in Grubhub and will have the opportunity to increase the holding to 15%.
Amazon Prime Day 2022 takes place next week on Tuesday, July 12, and Wednesday, July 13. The sale kicks off at 3 a.m. ET on July 12, and Amazon is promising more deals from more brands and sellers than ever before.?Consumer Reports?and?Wirecutter?both give their overview of what consumers can expect this Prime Day...
The U.K.’s antitrust regulator is investigating Amazon over whether the U.S. e-commerce giant is hurting competition by giving an unfair advantage to its own retail business and sellers that use its services over third-party merchants on its marketplace.
Amazon Will Take Stake in Grubhub, Offer Prime Users Membership
Amazon agreed to take a stake in?Just Eat Takeaway's?Grubhub business. The stake is part of a partnership where Amazon will offer US Prime members a one-year membership to the food delivery service. Amazon will receive options for a 2% stake in Grubhub and will have the opportunity to increase the holding to 15%. Just Eat shares jumped as much as 20% in Amsterdam on Wed, the biggest intraday gain since Dec 2018. Read More.
What to Expect for Amazon Prime Day 2022
Amazon Prime Day 2022 will take place on Tuesday, July 12, and Wednesday, July 13. The sale kicks off at 3 a.m. ET on July 12. Though this two-day sale offer loads of deals and savings for Amazon Prime members, other major retailers typically hold sales around the same time, giving shoppers more options and opportunities to save.?Consumer Reports?and?Wirecutter?both give their overview of what to expect this Prime Day.
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The U.K.’s antitrust regulator on Wednesday said it is investigating Amazon over whether the U.S. e-commerce giant is hurting competition by giving an unfair advantage to its own retail business and sellers that use its services over third-party merchants on its marketplace.
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Amazon Web Services showed a new service that uses machine learning to generate code suggestions for software developers, stepping up its efforts in the growing area of AI-powered programming. The new service, Amazon CodeWhisperer, offers code recommendations based on contextual information, such as past code a developer has written; and natural language prompts.
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