- Motley Fool
1 Unstoppable Stock Set to Join Nvidia, Microsoft, Apple, and Alphabet in the $2 Trillion Club
Amazon just delivered a spectacular quarterly result with accelerated growth in its cloud computing platform, Amazon Web Services, thanks to artificial intelligence (AI).
- Reuters
UPDATE 1-Amazon launches online shopping service in South Africa
Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response.
- Reuters
Amazon launches online shopping service in South Africa
JOHANNESBURG (Reuters) -Amazon launched its online shopping service in South Africa on Tuesday, challenging a number of online retailers dominated by Naspers' Takealot.com. Africa's most advanced economy is usually seen as a good entry point for companies to expand into the continent and Amazon could be doing the same, analysts have said in the past. The launch of its service comes at a time when South Africa has seen a sharp rise in online shopping after the pandemic created an opportunity for e-commerce to finally take hold, with retailers doubling down on investments in response.
