If you're more concerned with saving money than fast shipping, then Amazon's newest consumer e-commerce platform might be for you. Amazon Haul is the monopolistic retailer's latest move to try and take back market share from ultra low-cost Chinese e-commerce platforms Temu and Shein.

Amazon.com, Inc. (NASDAQ:AMZN), the global e-commerce and cloud computing giant with a market capitalization of $2.48 trillion, continues to demonstrate its market leadership and innovative prowess as it navigates a complex business landscape.

Amazon (NASDAQ: AMZN) has been a winning investment over time. There's a clear reason for this top performance: Amazon has built leadership in the two high-growth businesses of e-commerce and cloud computing,

That move will result in the company laying off 1,700 permanent workers. The facilities also employ a total of 250 temporary workers, who will also be affected. According to AFP,

Amazon is one of the largest e-commerce platforms in the world, with over 200 million active users and 12 million products available. Every minute, more than 4,000 items are sold in the U.S. alone. For businesses,

Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The Amazon has agreed to acquire Indian buy now pay later startup Axio.

Amazon says it's closing all seven of its warehouses in the Canadian province of Quebec over the next two months.

Amazon just joined Meta, Walmart and a host of other firms in trimming back its diversity, equity and inclusion initiatives amid activist pressure to end the programs.

Amazon (NASDAQ: AMZN) has certainly made early investors rich. An investor that put just $451 in the business back at the initial public offering would see that balance worth $1 million right now. This is a much better gain than what the Nasdaq Composite Index produced.

Amazon Canada says it is closing all of its warehouses in Quebec over the next two months. 1,700 permanent employees will be laid off, as will 250 temporary workers.

Amazon Canada says it will close all of its Quebec warehouses and lay off nearly 2,000 staff over the next two months. The e-commerce giant positioned the move as a way to provide "even more savings to our customers over the long run" and dismissed concerns that it was linked to a recent unionization push in the province.

Walmart Inc. (NYSE:WMT), the world's largest retailer with a market capitalization of $753.61 billion, continues to demonstrate its resilience and adaptability in an ever-changing retail landscape. As of January 24,