It just bought an online education company and introduced a payment mechanism for Internet retailers that competes with PayPal. It started selling wine for the first time in New York, updated its line of tablets, gave the go-ahead to three new comedy pilots and began a design competition for its fashion division. It is setting up mini-warehouses inside suppliers like Procter & Gamble to ship goods faster.

    But one thing it will not be announcing this month: a significant profit.


On a somewhat related note, they also just bumped up their Free Super Saver Shipping limit to $35 (from $25), which I'm bummed about. I'm sure they're just trying to push more people into trying Amazon Prime.

posted by thenewgreen: 2041 days ago