VENTURE CAPITAL POST

Amazon will spend more than $3 billion for Amazon Prime music and video content. With a 54 million members in the U.S., Amazon Prime wants to increase customers spending to boost its revenue following a downtrend.

As a celebration for surprising Golden Globe win for "Mozart in the Jungle," Amazon prepares a special offer. Beside streaming the series for free this weekend, the company is also discounting subscription for Amazon Prime. .

Online shopping has not been limited to non-perishable goods, clothes and beauty products. The continuously growing online demand for perishable products has raised the competition level among many shopping retailers, who are struggling to maintain their position by offering affordable packages.

Amazon is not going to get away with the sales spotlight as Wal-Mart launches its own version of Prime Day Wednesday, bringing the battle for sales spotlight to a whole new level.

Amazon.com's launch of its own private label brand of consumer goods, starting with diapers and baby wipes, underscores the website's maturity as a grocery retailer and the migration of grocery shopping online.

American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.

Washington, US-based e-commerce giant Amazon is scheduled to launch its Android-run TV set-top box in March to gain traction over some of its rivals in the digital media sector, according to a report by Re/Code.