Ecommerce

Amazon Launches One-Hour Delivery Service in London

Amazon.com Inc launched its one-hour delivery service, Prime Now, for select areas of London on Tuesday and said it would expand the program to additional cities in the United Kingdom by the end of the year.

Amazon Shares Surge After Wide 3Q Beat

Amazon.com Inc. reported a rare profit for its third quarter, thanks in part to its fast-growing cloud-computing division, while sales surged more than expected.

eBay Reveals 3Q Earnings Beat

The e-commerce giant reported third-quarter adjusted earnings per share of 43 cents, exceeding expectations by three cents. Revenue of $2.10 billion surpassed views for $2.094 billion.