Selling gourmet cupcakes in Los Angeles is easy. You know what’s hard? Selling books in China. Actually, selling anything in China is hard. Even if you’re Amazon.com, Inc. (NASDAQ:AMZN).
Yesterday’s news that Amazon will expand its grocery business to the Los Angeles area, after a five-year-long trial on its home turf in Seattle, got all the attention. But the real headliner should have been... » more
For the past two weeks, I've hunted my neighborhood supermarkets for oyster sauce to complete my steak stir-fry creations. Frustrated by my inability to locate this evasive condiment (#firstworldproblems), I turned to the one source where I can get anything my heart desires - Amazon.com (NASDAQ:AMZN).
And courtesy of my Amazon Prime membership, I'll ave my Lee Kum Kee Panda Brand Oyster Sauce... » more
The curtain has just gone up on the Justice Department's anti-trust case against Apple (NASDAQ:AAPL), but whatever the verdict is, we've already gotten a whole graduate-level business course on the different paths to profit off Apple and its rival, Amazon (NASDAQ:AMZN), as demonstrated in the $40 billion-per-year book publishing business.
Here it is in a nutshell:
Amazon swoops into... » more