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Tag Archives: amazon

Indians spend more time shopping than social networking when online: Survey

Indians voted online shopping (98 percent) as the top reason to access internet; closely followed by social networking (96 percent), revealed a recent survey conducted by American Express and Nielsen to gain consumer insights on online buying habits. The American Express and Nielsen survey titled ‘Understanding Online Consumers’ was conducted …

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Amazon shares plunge as record profit still misses estimates

Amazon.com Inc posted its most profitable quarter ever but the world’s No. 1 online retailer still managed to disappoint Wall Street by badly missing estimates, sending its shares down more than 13 percent in after-hours trading. The results, as well as the company’s determination to invest more in new areas …

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