Tag Archives: Amazon
Fortnite made $1.8 billion last year, but it’s still a game in decline
The steam train appears to be finally slowing down. Revenue mostly comes from in-game cosmetics, emotes and other avatar customisations It peaked at $318M USD in May 2018 and $2.4 billion for the year (taking in almost $1 billion more than the next competitor Dungeon Fighter Online) Fortnite was also the most-watched video game on […]
Amazon Music passes 55M customers, still lags behind Spotify and Apple
Amazon Music, the streaming music service from the e-commerce and cloud giant that competes against the likes of Spotify and Apple Music, announced a milestone in its growth today: it has passed 55 million customers across the six different pricing tiers that it offers for the service, ranging from $15 per month through to a […]
Amazon’s booming ad business grew by 40% in 2019
With plenty of runway ahead, Amazon quarterly ad revenues surpassed $4 billion for the first time in the fourth quarter. Amazon had anticipated a good holiday season, and it got it. The company reported $87.4 billion in net sales for the fourth quarter of 2019, up 21% from the same period the prior year. On […]
Everything You Need To Know About What Amazon Is Doing In Financial Services
From payments to lending to insurance to checking accounts, Amazon is attacking financial services from every angle without applying to be a conventional bank. In this report, we break down everything we know about Amazon’s foray into financial services, and where it’s rumored to be looking next. In 2017, Andreessen Horowitz general partner Alex Rampell […]
Microsoft’s Xbox boss says Amazon and Google are ‘the main competitors going forward’
Sony and Nintendo aren’t the main competition in the cloud world. Microsoft’s head of gaming and Xbox, Phil Spencer, has revealed that the company sees Amazon and Google as its main competition for the future. Speaking in an interview with newly launched technology publication Protocol, Spencer dismisses Sony and Nintendo’s ability to create a cloud […]
More brands are leaving Amazon, but the strategy could backfire
Ikea said it would be moving away from Amazon, joining a growing list of brands who have ended business with the site. The moves have sparked fears about who might leave Amazon next, and whether or not Amazon will suffer as a result. But even if brands stop working with Amazon, shoppers can still purchase […]