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Posts tagged with Amazon

Amazon confirms payment system launch

Amazon has confirmed plans to take on Google Checkout and PayPal with the launch of a rival payment system for etailers.

Dubbed the Amazon Flexible Payment Service (FPS), the system forms part of the etailer’s Web Services programme and allows firms to create checkout facilities with a set of developer tools.

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Amazon to launch PayPal rival?

Etailing giant Amazon is reportedly close to launching an online payment system to rival Google Checkout and eBay’s PayPal.

TechCrunch reports that the move would extend the etailer’s existing Amazon Payments service, which is used by third party sellers on its site.

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Amazon triples profits

Amazon's second quarter profits have more than tripled thanks to a combination of increased sales and a reduction in technology spending.

The company's share price rose by 21% yesterday in response to the news, with Amazon raising its full year income forecasts.

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Zlio receives £2m in funding

Zlio, the French startup which let its users set up DIY online shops, has announced that it has received $4m (£2m) in funding from Mangrove Capital Partners.

Users of Zlio can personalise and stock their shops from a choice of around 3m items. Affiliate commission is then earned on every sale referred from a Zlio shop.

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Potter finale sets Amazon pre-order record

The forthcoming final Harry Potter book has become Amazon's most ever pre-ordered item - and the pre-ordering isn't finished yet.

Online orders for Harry Potter and the Deathly Hallows passed the previous 1.5m mark set by Harry Potter and the Half-Blood Prince yesterday.

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Amazon extends 1-Click patent to gifts

Amazon has extended its controversial patent on "1-Click" shopping to include items bought as gifts for others.

The original 1999 patent allowed customers to purchase products with just one click after entering their address and credit card details for upfront storage. but drew fire including a boycott when Amazon sued rival Barnes & Noble for using a similar method.

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Interview: Paul Cook, CEO of PositiveFeedback

Paul Cook is CEO of PositiveFeedback, a firm that provides targeting tools for online retailers and for ad agencies.

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Amazon increases its investment in China

Amazon has expanded its investment in Chinese Internet company Joyo.com, which the company bought for $75m in 2004.

Chief Executive Jeff Bezos told the Wall Street Journal that Amazon would invest more capital into China, where it trails behind its biggest local competitor, Dangdang.com.

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Amazon to take adverts on UK site

Amazon is to let companies place ads on its UK website for the first time.

Advertising network eType will handle the backend for what will be a significant foray in to the ad space, according to Media Week.

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Amazon bans Zlio from selling its products

Zlio, a French startup which lets users set up their own DIY shops, has suffered a blow, as e-commerce giant Amazon has stopped Zlio shopkeepers from listing its products.

Interestingly, this ban only applies to the US, and Zlio shopkeepers in Europe will still be able to list Amazon's products. Zlio users set up their own DIY shops and earn affiliate commission on the products they sell.

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Amazon to launch DRM-free music store

Amazon has confirmed plans to open a music download store later this year, offering all songs free of DRM copyright protection.

The much-anticipated move will see Amazon offering music from EMI, which recently cut a deal with Apple to sell its music DRM-free through the iTunes store.

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Amazon snaps up camera review site

London-based digital photography site dpreview.com has been bought by Amazon in a deal showing the value of trusted reviews on niche products.

Started as a hobby site nine years ago, dpreview specialises in independent reviews of digital cameras and accessories, as well as discussions forums and buyers’ guides.

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