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Tag Archives: Amazon

Amazon hits Market Value of $1,000,000,000,000

AMAZON BOSS JEFF BEZOS in likely a step closer to becoming a Bond-esque supervillain should he wish, as Amazon is now worth a $1 trillion. The online seller of pretty much everything now joins Apple as the second company that has hit the trillion dollar mark. It managed that thanks to its …

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Russia’s “Google” Yandex – Soon to become Russia’s Amazon

Michael Levin

Yandex, popularly known as Russia’s Google, is working on its own online shopping service that might help it become Russia’s Amazon. Yandex is Russia’s biggest tech firm, and best known for creating the country’s most popular search engine. The firm says it has 50 million monthly users — an impressive …

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Georgian Post Introduces Services Analogical to Amazon Platform

Georgian Post enables owners of online stores to select delivery terms and conditions themselves thanks to a new service and insure their products in this way. Consumers will be able to supervise location of products before delivery. Information about the product route and location in specific time will be controlled …

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How to Sell Products on AMAZON with Support of Georgian Company

Amazon Export Hub will assist interested parties to sell their products at Amazon. The company launched operation in Georgia 3 months ago and it offers theoretical and practical trainings. The company founder Levan Molashvili told Business Course that representatives of various social groups apply to the company, who want to …

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Georgian Smart Ring CNICK is Amazon’s Choice

Georgian ”smart ring” CNICK became an Amazon’s Choice product. According to company founder Koba Tsertsvadze, the reason is due to its reliability and rating. Knick launched sales through Amazon last year, and is now very popular among customers. ”Our product is available worldwide, although we focus on the American market, …

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Georgia Continues Negotiations on Opening Amazon Logistics Center

Georgian officials have met with representatives of Amazon company and discussed the logistics center construction issues. After the first meeting, Amazon representatives suggested Georgian party to keep communication with managers of specific directions, Giorgi Tsikolia, temporary envoy of Georgian affairs in the USA, noted. “We held communication concerning the logistics …

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Lilo Mall to Launch Amazon and Ebay Analogue

Shopping center “Lilo Mall” is working on the creation of online site which will be an amazon and ebay’s analogue. As the company’s president Levan  Gagua says in an interview with “Commersant”, online sales system will be launched in the spring of this year. He explains  that the process has …

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Amazon May Organize Distribution Hub in Georgia

On December 13-15 Giorgi Tsikolia, temporary envoy of Georgia to the USA, and Levan Beridze, advisor of Georgian Embassy, paid a working visit to the city of Seattle, State of Washington, and held bilateral meetings with private sector representatives, discussed Georgia-USA business perspectives. During the visit, Georgian officials also met …

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Technologies Wants to Deliver Goods With Six-Wheeled Robots

Technologies Wants to Deliver Goods With Six-Wheeled Robots

Two former Skype co-founders, Ahti Heinla and Janus Friis, are jumping on the automated delivery bandwagon this week with the launch of a new company called Starship Technologies. However, rather than using airborne, drone-based delivery methods like Amazon and Google, the company is proposing an Earth-bound delivery solution that relies on a fleet …

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Bezos: Amazon Delivery Drones Still “Years” Away

Amazon delivery drones are still “years” away, but CEO Jeff Bezos said to Telegraph, that someday they will be “as common as seeing a mail truck.” Bezos told the Telegraph in London that the biggest hurdle Prime Air has to clear isn’t related to technology, but regulators. He said U.K. regulators …

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Amazon is Now Worth More than Walmart

Amazon’s just reported its Q2 earnings, beating expectations on both the top and bottom line, sending the stock shooting up more than 18% after-hours.   It’s now up ~16.7%. Here are the most important numbers: Revenue: $23.18 billion versus analyst estimates of $22.39 billion. That’s up 20% year-over-year and Amazon says that revenue …

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