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World 03 Feb 2021 | 6:26 AM

Amazon announces financial results, CEO transition

SAN FRANCISCO, Feb. 2 (Xinhua) -- Amazon.com, Inc. on Tuesday announced its financial results for the fourth quarter ended Dec. 31, 2020, with net sales of 125.6 billion U.S. dollars, up 44 percent year over year.

World 03 Feb 2021 | 5:51 AM

Amazon announces CEO transition

SAN FRANCISCO, Feb. 2 (Xinhua) -- Amazon announced on Tuesday that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy will become Chief Executive Officer at that time.

World 07 Jan 2021 | 6:36 AM

Amazon launches over 2 bln USD Housing Equity Fund

SAN FRANCISCO, Jan. 6 (Xinhua) -- Amazon on Wednesday announced the Housing Equity Fund, a more than 2 billion U.S. dollars commitment to preserve and create over 20,000 affordable housing units in the U.S. state of Washington's Puget Sound region; Arlington, Virginia; and Nashville, Tennessee.